***Multiple offers received – submit highest and best by Saturday evening 8/8 and seller will make decision on Sunday.*** Two-unit multi-family Investment Opportunity and ideal opportunity for an owner-occupant. Both units have 3 bedrooms, 1 bathroom, kitchen, living room and dining room/family room. Second floor unit tenant moving out August 31. First floor unit is vacant and has new vinyl plank flooring in bedrooms. Both units are identical in layout with 1,423 square feet per unit. See attached floor plan. Laundry room in basement common area. The partially finished basement is nonconforming with a living area, flex space, small refrigerator, and a bathroom with shower stall. The door to the finished basement area and unfinished storage space locks for privacy from the common area laundry room. The property features a 3-car detached garage that can be rented out (currently vacant) and a large backyard that is fully fenced for privacy. The property also has 5 private parking spaces for the occupants. The building has a front entry and a back entry. Sump pump replaced July 2026. Estate sale selling AS-IS. This property is close to parks, public transportation, and major highways! One mile from Riverside Metra station. Close to dining and shopping, and two blocks from Cermak Family Aquatic Center!
Property Details
Price:
$399,900
MLS #:
MRD12694410
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
lyons
Listed Date:
Jul 30, 2026
Year Built:
1971
See this Listing
Schools
School District:
201
Interior
Heating
Natural Gas
Exterior
Architectural Style
Contemporary
Community Features
Park, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced, Chain Link
Garage Spaces
3
Lot Features
Corner Lot
Parking Features
Yes, Garage Owned, Detached, Unassigned, Owned, Garage
Parking Spots
8
Parking Total
8
Patio And Porch Features
Patio
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$9,547
Map
Community
- Address3940 Center Avenue Lyons IL
- CityLyons
- CountyCook
- Zip Code60534
Market Summary
Current real estate data for Multi Family in Lyons as of Oct 07, 2026
2
Multi Family Listed
108
Avg DOM
$537,450
Avg List Price
Property Summary
- 3940 Center Avenue Lyons IL is a Multi Family for sale in Lyons, IL, 60534. It is listed for $399,900
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Copyright 2026. All rights reserved.
3940 Center Avenue
Lyons, IL


