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Listing provided courtesy of One Eighty Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12654126MLS Provider

4016-4018 Joliet AvenueLyons, IL 60534

Commercial
$749,000 Active

4016-4018 Joliet Avenue Overview

Time on Site:
35 days
Visits:
0

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.

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4016-4018 Joliet Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Electric Expense: 912
  • Fuel Expense: 2025
  • Gross Income: 81600
  • Gross Scheduled Income: 8100
  • Insurance Expense: 2193
  • Net Operating Income: 64123
  • Operating Expense: 17477
  • Trash Expense: 1650
  • Water Sewer Expense: 1538

Building Information

  • Year Built: 1903

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Lyons

Rent/Lease Information

  • Tenant Pays: Electricity, Varies by Tenant

Tax Information

  • Tax Annual Amount: $9,159.00
  • Tax Year: 2024

General Information

  • Parcel Number: 18022060680000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 65x170
  • Lot Size Square Feet: 10080

General Information

  • Number Of Units Total: 5

4016-4018 Joliet Avenue Neighborhood

Community

60534 (LYONS) Demographics

36
Median Age
5,978
Population Density (per sq. mile)
27%
College Educated
$66,144
Estimated Median Income
2,236
Estimated Total Home Owners
1,398
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4016-4018 Joliet Avenue Monthly Cost

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$ %
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$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4016-4018 Joliet Avenue Market Data

Based on the last 30 days in this zip code

$336,867
Average List Price
$201
Average Price per Square Foot
8
Properties Sold
59
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

4016-4018 Joliet Avenue History

Date Event Value Agent
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Price Reduction
$749,000 -5.8%
6/17/2026Source: MRED Status Change
Price Change
5/31/2026Source: MRED Status Change
Active
5/26/2026Source: MRED Added to Database
May 26, 2026