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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.
| DAYS ON MARKET | 49 | LAST UPDATED | 6/19/2026 |
|---|---|---|---|
| YEAR BUILT | 1931 | COMMUNITY | Lyons |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Lyons |
|---|---|
| CONSTRUCTION | Brick |
| LOT | 0 |
| LOT DIMENSIONS | 100x143x172 |
| STORIES | 2 |
| TAXES | 21476 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Leader Realty, Inc.
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Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.