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$499,900 Just Listed
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Property Description
Investors DREAM!!! This is a Money Maker! This brick/frame mixed-use building presents an excellent investment opportunity. It features three apartments and two storefronts, housing a total of six tenants, including a rented two-car garage. Adjacent to the property is a substantial vacant land parcel, with zoning in a business district. 2R: Spacious 3 bed, 1 bath unit. 2F: Comfortable 2 bed, 1 bath unit. 1R: Cozy 2 bed, 1 bath unit. 4236 Storefront: Currently an office space. 4238 Storefront: Currently a beauty shop. The lot with the building totals 5,890 sq ft, with the building itself covering 4,298 sq ft. The adjacent vacant land lot is 5,878 sq ft. Additionally, there are three exterior parking spaces. The property needs TLC and is being sold in AS-IS condition, with the buyer to assume any village compliance repairs. This property is a must see, so schedule your appointment Today! This is a very unique opportunity for any investor or end user that wants to own a property and run their business from the location. The vacant lot would have to go in front of the Zoning Board to see if there is potential to build on that parcel of land. The lot is a great place to have social gatherings and enjoy. This property is located on the 4th of July parade route and is in the center of town. 1 block away from Village Parks and all City Hall events. This is the perfect location! Ask to see the violation list and buyer to assume. Property sold As Is. Must See!
Full Property Details
Full Property Details for 4238 Joliet Ave
General
- Price: $499,900
- Taxes: $12,425 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12773485
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: Lyons
- County: Cook
- Township: Lyons
- Driving Directions: Ogden Ave to Joliet Ave South to Property
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1919
- Built Before 1978: Yes
Unit Information
- # Tenants: 6
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 5,890
- Lot Dimensions: 82 x 142
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1919
- Tax Amount: $12,425.01
- Tax Year: 2025
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 18022140210000
Listed by Capital Investment Realty Group Inc
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Schools
Schools serving 4238 Joliet Ave
School Districts:Lyons School District 103, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Costello School 4632 Clyde Avenue, Lyons, IL 60534 | PK-5 | 0.6 mi |
George Washington Middle School 8101 Ogden Avenue, Lyons, IL 60534 | 6-8 | 0.3 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 4238 Joliet Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,980
—
$33,000
—
2023
$9,980
-8%
$32,999
11%
2022
$10,818
5%
$29,777
—
2021
$10,255
—
$29,777
—
2020
$10,303
6%
$29,777
18%
2019
$9,731
2%
$25,273
—
2018
$9,514
4%
$25,273
—
2017
$9,157
-16%
$25,273
-10%
2016
$10,880
2%
$27,951
—
2015
$10,641
4%
$27,951
—
2014
$10,271
1492%
$27,951
-9%
2013
$645
9%
$30,570
—
2012
$592
—
$30,570
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4238 Joliet Ave
4238 Joliet Avenue, Lyons, IL 60534 (MLS# 12773485) is a Commercial property. 4238 Joliet Avenue is currently listed for $499,900 and was received on September 29, 2026. Want to learn more about 4238 Joliet Avenue? Do you have questions about finding other Commercial real estate for sale in Lyons? You can browse all Lyons real estate or contact a Coldwell Banker agent to request more information.

