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Chicago – October 8, 2025— eXp Commercial, a division of eXp World Holdings, Inc. (NASDAQ: EXPI), a national commercial real estate brokerage firm specializing in investment sales and advisory services, announced today the sale of a 12-unit multifamily property located at 4337 Prescott Avenue in Lyons, Illinois, for $1,450,000.
The transaction was brokered by Randolph Taylor, CCIM, Vice President and Multifamily Investment Sales Broker with eXp Commercial’s Chicago office.
The property comprises twelve well-maintained apartment units, offering a mix of one- and two-bedroom layouts. Recent improvements include a new heating system, security camera installation, and renovated bathrooms in select units. The seller, a long-term private owner, maintained high occupancy and steady cash flow. The buyer, an experienced Chicago-based private investor, purchased the property in an all-cash transaction to expand their multifamily portfolio into suburban Cook County. Randolph Taylor, CCIM, represented the seller and procured the buyer.
“This transaction underscores the strength of the Chicagoland multifamily market,” said Taylor. “Investor demand remains solid for well-maintained assets in stable submarkets like Lyons that offer steady returns and operational efficiency.”
About eXp Commercial
eXp Commercial is a division of eXp World Holdings, Inc. (NASDAQ: EXPI), one of the fastest-growing real estate brokerages in the world. The firm provides a cloud-based platform for commercial real estate professionals, offering national coverage, technology-driven marketing, and data-backed advisory services across all asset classes. To learn more, visit www.expcommercial.com.
About Randolph Taylor, CCIM
Randolph Taylor is a Vice President and Multifamily Investment Sales Broker with eXp Commercial’s National Multifamily Division based in Chicago. With over 25 years of experience in commercial real estate investment sales, Taylor specializes in maximizing value for apartment and mixed-use property owners through strategic marketing, valuation advisory, and transaction execution. For more information, visit www.CREConsult.net.