409 Lake Street, Maywood, IL 60153

• 2,000 sqft

Property Description

401 - 409 Lake Street, Commercial mixed-use building with great masonry in Maywood. (Good little money maker here.) Building is Approx 2,000 SQ FT, Land is 9,012.90 SQ FT. The property includes a 3-story commercial mixed-use building, a parking lot, a small 600 SQ FT (Approx) brick commercial building and plenty of additional land for potential commercial development. Features a first-floor retail showroom that is currently built out as a tire repair shop and two residential units. Paved side and rear-drive loading area and parking for about 20-plus cars. The tire shop pays $1,000 a month and has a 10-year lease, the 2nd floor apt is a 2 bed 1 bath with a lease that started on Sept 1,2022 and pays $1,150 per month. The 3rd-floor 1 bed 1 bath tenant pays $850 a month. Zoning is C-2 Pedestrian-Oriented Commercial, walking distance to the Maywood Metra stop and close to area expressways. This great property provides the perfect opportunity for an Investor, Developer or end user to acquire a boutique mixed-use building and more, right in the heart of the vibrant Maywood shopping district neighborhood. 9,400 Vehicles pass this location a day (VPD), and it is just east of the bustling Intersection of 5th and Lake street. This is an atypical chance to purchase a truly remarkable underutilized property with tremendous upside in rental potential or development. Area retailers and restaurants include - Walgreens, Taqueria El Duranguito, Maywood Express, Legends Grill and Music venue, Panaderia Puebla. Ownership will listen to all reasonable offers, do not bother tenant. Please call listing agent for a showing PIN NUMBERS - 15111250160000 - 15111250150000 - 15111250140000 15111250130000

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 1:18AM

Listing Office:

@properties Commercial : 847-977-5389

Listing Agent:

Michael Levin : 847-977-5389

MLS ID:

11838497

Interior

• Flooring: CarpetTileVaries
• A/C: Wall SleeveWindow Unit(s)

Construction

• Roofing: Composition
• General: Concrete Perimeter

Location

• Road/Access: Township RoadCity StreetState RoadPublic Road
• Originating MLS: mred
• County: Cook

Lot

• Zoning: COMMR15111250160000
• Current Use: CommercialAutomotive

Utilities

• Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedWater AvailableCircuit BreakersService - 201 to 600 Amps
• Water: Community WaterMunicipal Water

Financial

• Source: mred