7821 43rd Street

Lyons, IL 60534

$1,580,000
Price
20
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to present this exclusive 12-unit property as part of a 24-unit multifamily portfolio in Lyons, Illinois. The portfolio includes 7821 43rd Street and 4337 Prescott Avenue, located blocks apart, providing streamlined management and operational efficiency. Each property consists of 12 units, offering a mix of four one-bedroom/ one-bathroom units and eight two-bedroom/one-bathroom units, catering to a range of tenant needs. Both properties are fully occupied, offering investors immediate...We are pleased to present this exclusive 12-unit property as part of a 24-unit multifamily portfolio in Lyons, Illinois. The portfolio includes 7821 43rd Street and 4337 Prescott Avenue, located blocks apart, providing streamlined management and operational efficiency. Each property consists of 12 units, offering a mix of four one-bedroom/ one-bathroom units and eight two-bedroom/one-bathroom units, catering to a range of tenant needs. Both properties are fully occupied, offering investors immediate cash flow from a stable tenant base.
  1. Listed by Sheetal Khokhari • eXp Realty, LLC

Property Details for 7821 43rd Street

Area
Lyons
LISTING UPDATED: 11/14/2024 12:07 AM

Property Details for 7821 43rd Street

StatusActive
MLS #12206968
Days on Market9
Taxes$27,649 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Garden Complex
Year Built1968
Lot Size0.33 AC / 14,225 SF
CountyCook County

Building Information for 7821 43rd Street

Stories3Residences12Year Built1968Building Size-Lot Size0.33 AC / 14,225 SF

Property Information for 7821 43rd Street

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Central Bldg Heat
  • Num of Baths: 12.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Garden Complex
  • Lot Dimensions: 14225
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Electric Expense: $1,490.00
  • Fuel Expense: $4,964.00
  • Gross Income: $175,944.00
  • Gross Scheduled Income: $182,244.00
  • Insurance Expense: $5,252.00
  • Maintenance Expense: $4,800.00
  • Manager Expense: $10,407.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 800
  • Manager Expense Source: BP
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 14662
  • Water Expense Source: Actual
  • Net Operating Income: $99,653.00
  • Operating Expense: $73,794.00
  • Other Expense: $6,130.00
  • Trash Expense: $1,722.00
  • Water Sewer Expense: $10,580.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 8
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7821 43rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7821 43rd Street

Taxable ValueLand$11,320Additions$62,226Total$73,546
Tax Record2022$26,719 ($2,227 / month)
Home Facts
Lot Size14,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyCOOKAPN18-01-304-001

Schools near 7821 43rd Street

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
J W Robinson Jr Elementary School
PublicK to 5

George Washington Middle School
Public6 to 8

J Sterling Morton West High School
Public9 to 12

J Sterling Morton Alternative School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7821 43rd Street is a multi-family home for sale in Lyons, IL 60534. This property was listed for sale on November 8, 2024 by eXp Realty, LLC, it's currently listed at $1,580,000. It has been on the market for a total of 9 days and was last sold on April 28, 2023. This listing's school districts are J S Morton Hsd 201 School District, Lyons School District 103. Nearby schools include J W Robinson Jr Elementary School, George Washington Middle School and J Sterling Morton West High School. 7821 43rd Street is a 20-bed, 12-bath, multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/14/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.