Lyons, IL 60534,8717 Ogden AVE

$650,000

Est. payment /mo

$650,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8717 Ogden AVE Lyons, IL 60534

2,563 SqFt

SOLD DATE : 11/01/2023

Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,563 sqft

Price per Sqft $253

MLS Listing ID 11922118

Year Built 1996

Annual Tax Amount $31,672

Tax Year 2021

Property Sub-Type Mixed Use

Property Description

SOLD BEFORE PRINT ! Free standing building with 2 bays on busy Ogden Ave. with over 23,000 cars passing by per day. The building is over 2,500 square feet and was built in 1996 and sits on a concrete foundation with a block structure. The automotive building has 4 garage doors, 1 bathroom, 1 office, storage, 200 AMP service and central HVAC. The building is zoned B1 (retail business district) and the 4 lots total 16,200 square feet of total land. The alley behind the building is paved and you can find additional angle parking on the side street adjacent to the property. The zoning allows multiple uses for the building besides automotive so bring your ideas. Current tenant is paying $5,130 a month and just completed a 10 year NNN lease with the option to stay at a current cap rate of 4.55%.

Location

State IL

County Cook

Area Lyons

Interior

Cooling Central Air

Building

Structure Type Block

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Gregorio Cirone • xr realty
Bought with Gregorio Cirone • xr realty
agent

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

GET MORE INFORMATION

Name
Phone*
Message