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4016-4018 Joliet Avenue Lyons, IL 60534 Commercial - Business Active

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Description

Excellent investment opportunity in Lyons featuring 3 apartments, 2 storefronts and warehouse/contractor garage. Each storefront has their own bathroom and kitchens. 10' ornate ceilings. The 2-contractor garage/warehouse spaces are approximately 1100sq ft each 11'Overhead doors and 14' interior ceiling height. Garage/warehouse spaces rented for $850 and $900. Parking on grounds for at least 8 cars. Coin laundry. Newer boiler and windows. Long time owner is retiring. Apartment rents are low and could be raised to reflect market value with new ownership.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1903

General Information

County: Cook
Listed By:
One Eighty Real Estate Group 312-479-0201
MRED MLS
$749,000
Est. $4,998/mo
Active
MLS#12654126
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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4016-4018 Joliet Avenue, Lyons, IL 60534.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,000$749,000$749,000
Down Payment $149,800$26,215$187,250
Monthly Mortgage Amount $3,738$4,528$4,665
Taxes $1042$1042$1042
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,998$6,118$5,925

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