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Lyons, CO High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lyons, Colorado Market population: 11K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Lyons IL Properties: 5.7%

πŸ“Š Avg Property Tax Rate For Lyons IL Properties: 2.7100%

πŸ“Š Average Income For Lyons IL Commercial Property: $51,223

Investor Questions For Lyons IL

Common questions from investors exploring commercial real estate in Lyons IL.

What's the overall investment potential of Lyons, IL, considering its demographic and economic factors? +
The combination of a relatively low poverty rate of 11.5% and a high health insurance coverage rate of 85.9% suggests a stable market with a strong potential for rental income, while the top industries in Transportation & Warehousing, and Finance & Insurance also indicate a diverse economy that can support property values.
How does the ethnic diversity and commute time in Lyons, IL impact the demand for housing and rental properties? +
The city's diverse population with top ethnicities including White, Hispanic, and White Non-Hispanic, along with an average commute time of 29.6 minutes, indicates a vibrant community with a mix of cultures and convenient access to employment opportunities, making it an attractive location for renters and homeowners alike.
What are the key factors that influence the quality of life for residents in Lyons, IL, and how do they affect property investment? +
The average commute time of 29.6 minutes, combined with a high health insurance coverage rate of 85.9%, suggests a good quality of life for residents, which can lead to higher property values and a more stable rental market, while the median household income of $51,223 and low poverty rate of 11.5% also contribute to a desirable living environment.
How does the economic profile of Lyons, IL, including its top industries and income inequality, impact real estate investment? +
The presence of top industries such as Transportation & Warehousing, and Finance & Insurance, along with a median household income of $51,223 and a GINI coefficient of 0.388, indicates a relatively stable economy with a mix of job opportunities, which can support property values and rental income, while the foreign-born rate of 24.4% also suggests a diverse and potentially growing population.
What are the implications of the homeownership rate and median property value in Lyons, IL for real estate investors? +
The homeownership rate of 62.2% and median property value of $177,400, combined with a relatively low poverty rate of 11.5% and high health insurance coverage rate of 85.9%, suggest a stable and potentially appreciating housing market, making it an attractive location for investors looking for long-term growth and rental income opportunities.

Lyons IL Real Estate & City Facts

Key facts and real estate information about Lyons IL.

What are some of the best neighborhoods to live in Lyons? +
Some of the best neighborhoods to live in Lyons include Center Ave, which is a peaceful and family-friendly neighborhood, and the northeast parts of the city, which tend to be more desired. Additionally, the northwest regions have more affordable homes.
What are some fun things to do in Lyons? +
There are plenty of fun things to do in Lyons, such as visiting the Hofmann Tower, exploring the Chicago Portage National Historic Site, and checking out the local attractions like the LaGrange movie theater. You can also take a stroll along the Riverwalk or play a round of golf at one of the nearby courses.
What is the food scene like in Lyons? +
The food scene in Lyons is diverse and exciting, with plenty of great restaurants to choose from. Some popular spots include The Little Owl Social Pub, Tamales Don Misael, and Marlins Bar & Grill. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Lyons? +
The pros of living in Lyons include its peaceful and family-friendly neighborhoods, affordable housing options, and plenty of fun things to do and see. However, some cons include the city's relatively small size and limited job opportunities. Overall, Lyons is a great place to live for those who value a close-knit community and easy access to Chicago.
Is Lyons a good place to live? +
Yes, Lyons is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its affordable housing, good schools, and plenty of things to do, Lyons is an attractive option for families, young professionals, and retirees alike. While it may not be perfect, Lyons is a great choice for those who want a relaxed and welcoming community with easy access to Chicago.
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