ClosedPrice Reduced

$525,000

$899,000
8220 47th Street, Lyons, IL 60534
179 days
8220 47th Street·Lyons, IL 60534
1950Year Built
About This Home

Perfect Investment Opportunity or ideal for Owner Operator. Nicely Situated in between I55 and I294 on 47th St, Great Location for Industrial Property. Property Consists of 5 Lots! Property Features Two good sized, identical 3,000sf Bays with Bathrooms and Offices in Front. 1st space was a former Landscaping Company. 2nd Bay is leased out. Next is a 1,200sf space built out with Full Bar, a 650sf unit currently occupied and a 1,250sf Unit currently occupied by a Wood Shop. Each Unit has its own Bathroom. Property also Features a 2BR, 1BA Single Family Home behind the Industrial Complex. Home can be knocked down and made into fenced yard! Lots of Potential w/ this property. Don't Miss this Opportunity!

MLS# 11766244Listed April 24, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1950
Lot Size0.380 acres

Location

CountyCook
Zip Code60534

Financial

List Price$525,000
Original Price$899,000
Annual Taxes (2021)$55,000
Monthly Tax Est.$4,583
Parcel #18024200260000
Interior Features

Flooring

Concrete

Cooling

Office Only
Exterior & Lot

Construction

BrickBlock

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Separate MetersService - 101 to 200 Amps
Tax & Financial
Annual Taxes
$55,000
Tax Year 2021
Monthly Tax Est.
$4,583
per month
Price Reduced by $374,000
Original list price: $899,000
Property Location

8220 47th Street, Lyons, IL 60534 — Cook County

$525,000
8220 47th Street
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
179 days on market
0.380 acres
$55,000/yr taxes
Price reduced $374,000
$7,342
estimated monthly payment
Principal & Interest
$2,759/mo
Property Tax
$4,583/mo
$525,000
20% — $105,000
3%50%
6.875%
3%12%
Loan Amount
$420,000
Down Payment
$105,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Skydan Real Estate Sales, LLC
Agent: Frank Christiano
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