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$449,000
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Property Description
This is a one-of-a-kind building in Lyons, IL that has plenty of space for you to run your office on the main level and has plenty of storage in the basement. The 4-bedroom apartment on the 2nd floor can be rented, or you can choose to live and work from the same location- pretty cool. There is a large parking lot to the rear and a 2-car garage that gives you even more storage. This is a perfect spot for any buyer to consider and start something new. The brick building is solid. Long time owner is looking for offers and to give someone new an opportunity. Set your appointment today and make an offer! Buyer to assume any village inspection issues. Sold AS IS.
Full Property Details
Full Property Details for 8318 47th St
General
- Price: $449,000
- Taxes: $10,587 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12756799
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: Lyons
- County: Cook
- Township: Lyons
- Driving Directions: 1st. Ave to 47th St. E. to property
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 3,498
- # of Stores: 2
- Year Built: 1953
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 4,093
- Lot Dimensions: 58 x 125
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $2,400
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1953
- Tax Amount: $10,587.99
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 18024190170000
Listed by Capital Investment Realty Group Inc
Get Pre-Approved Today
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Schools
Schools serving 8318 47th St
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 | 0.1 mi |
George Washington Middle School 8101 Ogden Avenue, Lyons, IL 60534 | 6-8 | 0.9 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 3.2 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 8318 47th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,772
—
$15,779
—
2023
$4,772
-2%
$15,777
18%
2022
$4,873
5%
$13,413
—
2021
$4,619
—
$13,413
—
2020
$4,641
16%
$13,413
30%
2019
$3,986
2%
$10,352
—
2018
$3,897
4%
$10,352
—
2017
$3,751
-17%
$10,352
-11%
2016
$4,503
2%
$11,568
—
2015
$4,404
4%
$11,568
—
2014
$4,251
-10%
$11,568
-16%
2013
$4,707
3%
$13,825
—
2012
$4,557
—
$13,825
—
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 8318 47th St
8318 47th Street, Lyons, IL 60534 (MLS# 12756799) is a Commercial property. 8318 47th Street is currently listed for $449,000 and was received on September 09, 2026. Want to learn more about 8318 47th Street? 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.

