3901 Haas Avenue

3901 Haas Avenue, Lyons, IL 60534

  • For Sale $950,000
  • Property Type Multi-Family
  • Property Size 4,842 SF
  • Units 8
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Year Built 1961
  • Date Updated Sep 4, 2024
Located about 12 miles southwest of Chicago, Lyons encompasses just over two square miles and is bordered by Riverside to the north, La Grange to the west, Stickney to the east, and Summit to the south. Lyons is a primarily residential neighborhood with a mixture of single-family homes, townhouses, and apartments. The community is known for its historic charm, well-maintained homes, and close-knit residents. The Village is conveniently located near major highways, including Interstate 55 and Interstate 294, making it easy to commute to and from work or travel to nearby attractions. In addition, it's just a short drive away from Midway International Airport, which provides easy access to both domestic and international destinations. Lastly, the village is well-served by public transportation, including several nearby Metra stations on the BNSF Railway line, providing easy access to downtown Chicago.Essex Realty Group, Inc. has been exclusively engaged to market for sale of 3901 Haas Avenue, an 8-unit apartment property located in the Cook County suburb of Lyons. The building consists of (8) 1Bd/1Ba units, seven surface parking spaces, and on-site coin laundry. Investors have the opportunity to acquire a fully occupied property in a highly desirable suburban location with immediate returns. In the current condition, there is a 15-20% upside in rents which will allow a potential investor to recognize a strong 7.27% cap rate once stabilized. The Subject Property is located 12 miles southwest of Downtown Chicago and 1 mile from the Riverside Metra station. The Property's convenient location offers residents easy access to public transportation and nearby shops and restaurants.

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Highlights

  • Fully Occupied Property in Desirable Lyons Location
  • Eight (8) 1Bd/1Ba Units; 75% of the Units Have Been Renovated
  • Significant Rental Upside -15-20% in As-is Condition
  • High Demand Suburban Rental Market

Contacts

broker

Jimmy Donahue

Essex Realty Group

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Lyons, IL
  • Neighborhood Lyons
  • Zip Code 60534
  • Market Chicago

Points of Interest

  • Hollywood

    1.40 miles

  • Summit

    1.78 miles

  • 54th/Cermak

    3.34 miles

  • Pulaski

    4.47 miles

  • Cicero

    4.66 miles

  • Maywood

    4.95 miles

  • Western Springs

    4.95 miles

  • Central Park

    5.24 miles

  • Western

    6.40 miles

  • Willow Springs

    7.06 miles

  • Shell

    0.22 miles

  • BP

    0.23 miles

  • Amstar

    0.67 miles

  • Exxon

    0.71 miles

  • BP

    0.87 miles

  • Mobil

    1.19 miles

  • Shell

    1.35 miles

  • Citgo

    1.43 miles

  • Exxon

    1.52 miles

  • Compass

    1.57 miles

  • Overflow Lot

    1.44 miles

  • South Lot

    1.52 miles

  • Discovery Center Lot

    1.58 miles

  • North Lot

    1.84 miles

  • Patient/Visitor Parking

    2.77 miles

  • Parking Deck C

    2.81 miles

  • Midway Parking

    2.85 miles

  • Parking Deck B

    2.92 miles

  • Parking Deck A (Patient/Visitor Parking)

    3.06 miles

  • 54th/Cermak Park & Ride

    3.09 miles

  • Rodeway Inn

    1.62 miles

  • Brookfield Motel

    1.80 miles

  • Pioneer Motel

    1.87 miles

  • Colony Motel

    2.42 miles

  • Cindy Lyn Motel

    3.24 miles

  • Skylark Motel

    3.59 miles

  • Travel Inn Motel

    3.62 miles

  • Hampton Inn & Suites Bridgeview Chicago

    3.79 miles

  • Karavan Motel

    4.08 miles

  • Shamrock Motel

    4.40 miles

  • Subway

    0.16 miles

  • Wingstop

    0.17 miles

  • White Castle

    0.31 miles

  • KFC

    0.33 miles

  • McDonald's

    0.47 miles

  • Waterworks Pizzeria

    0.50 miles

  • Dunkin'

    0.51 miles

  • Dukat

    0.58 miles

  • Taco Bell

    0.58 miles

  • McDonald's

    0.62 miles

  • Irving Elementary School

    0.74 miles

  • Home Elementary School

    0.80 miles

  • Jackie Robinson Elementary School

    0.81 miles

  • Saint Mary's School

    0.81 miles

  • Washington Elementary School

    0.84 miles

  • Saint Pius X School

    0.86 miles

  • Central Elementary School

    0.95 miles

  • L. J. Hauser Junior High School

    0.98 miles

  • Pershing Elementary School

    1.05 miles

  • Edison Elementary School

    1.05 miles

  • Little People Montessori Academy

    0.72 miles

  • Lyon Cub Day Nursery

    0.93 miles

  • Alphabet Learning Center

    2.01 miles

  • Happy Days Child Care Center

    2.04 miles

  • Montessori Children's Community

    2.39 miles

  • Alphabet Learning Center

    2.41 miles

  • Montessori Children's Place

    2.57 miles

  • Morningside Children's Academy

    3.32 miles

  • Sunny Days Kid's Academy

    3.34 miles

  • Kangaroo Kroner

    3.42 miles

Frequently Asked Questions

How much does 3901 Haas Avenue cost?

The space currently listed for sale at 3901 Haas Avenue asks for $950,000.

What is the total square footage of 3901 Haas Avenue?

3901 Haas Avenue totals 4,842 square feet.

When was this property built?

3901 Haas Avenue was built in 1961.

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Contact Listing Broker

broker

Jimmy Donahue

Essex Realty Group