4400 Lawndale AveLyons, IL 60534

For Sale
$1,400,000

Fully occupied multi-tenant distribution warehouse.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully occupied, multi-tenant industrial property located at 4400 S Lawndale Ave, Lyons, IL 60534. The 20,000 square foot building, built in 1940 and renovated in 1985, offers a strong cash flow with a current asking price of $1,400,000 and an 8.30% cap rate. The property boasts a Net Operating Income (NOI) of $116,416, translating to a price per square foot of $70. The building is situated on a corner lot, offering excellent visibility and accessibility. Its prime location in the densely populated industrial market of Lyons, Illinois, provides easy access to major transportation arteries. Specifically, it's approximately 15 minutes from the I-55 interchange and 1st Avenue, ensuring efficient logistics and distribution capabilities. The property is well-maintained and upgraded, minimizing future capital expenditure needs. This multi-tenant structure offers a diversified income stream and presents a compelling investment opportunity for those seeking a stable and profitable industrial asset in a thriving location. The property is classified as a distribution and warehouse facility under a modified lease type. Cook County location.

Highlights

  • Fully occupied multi-tenant industrial building.
  • Corner lot on Lawndale Ave in Lyons, IL's dense industrial market.
  • ~15 minutes from I-55 interchange and 1st Ave.
  • Well-maintained and upgraded building.

Property Details for 4400 Lawndale Ave

Property type
Other warehouses, Other industrial properties
Square Feet
20,000 SF
Year Built/Renovated
1940/1985

Location Insight

City
Lyons
County
Cook
State
Illinois
Latitude
41.8110845
Longitude
-87.8258847
4400 Lawndale Ave, Lyons, Illinois

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4400 Lawndale Ave
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