Lyons, IL 60534
$499,900
Mark Quesada
Broker / Owner
LIC #475144827
Here is your chance to build significant equity with this unique mixed-use commercial/residential property offering endless possibilities. The current owner has been in discussions with the Village regarding a proposed conversion to a 5-unit multifamily residential building, consisting of: Two 2-bedroom, 1-bath units. Two 1-bedroom, 1-bath units. One spacious 3-bedroom, 2-bath unit. The future owner has the flexibility to continue the conversion process and capitalize on the property's income potential or maintain its existing mixed-use configuration to suit their own business or investment goals. Whether you're a developer, investor, or entrepreneur looking for your next project, this property presents a rare opportunity to create substantial value and maximize returns in a growing market. Bring your vision and unlock the full potential of this exceptional investment. Attorney hired to appeal taxes.
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$3,689/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Pawel Czauderna, Leader Realty, Inc.
MLS# MRD12673103 · Active
$325,000
Median sale price
23 days
Avg days on market
100.4% of list
Sells for
Closed sales in 60534 over the last 6 months, all home types.
Construction
Lot & parking
History reflects records reported to the MLS and may be incomplete.
Actual closed sales from the MLS — not estimates.
