4300 Amelia Avenue, Lyons, IL

$499,900

Overview

  • 1554023
  • Property ID
  • Updated On:
  • June 19, 2026

Description

Here is your chance to build significant equity with this unique mixed-use commercial/residential property offering endless possibilities. The current owner has been in discussions with the Village regarding a proposed conversion to a 5-unit multifamily residential building, consisting of: Two 2-bedroom, 1-bath units. Two 1-bedroom, 1-bath units. One spacious 3-bedroom, 2-bath unit. The future owner has the flexibility to continue the conversion process and capitalize on the property’s income potential or maintain its existing mixed-use configuration to suit their own business or investment goals. Whether you’re a developer, investor, or entrepreneur looking for your next project, this property presents a rare opportunity to create substantial value and maximize returns in a growing market. Bring your vision and unlock the full potential of this exceptional investment. Attorney hired to appeal taxes.

Other Features
Brick

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$2,563.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,938.21

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Information for the property at 4300 Amelia Avenue, Lyons, IL, 60534 (Property ID: 1554023) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi