$1,050,000

421 LAKE Street, Maywood, IL 60153

  • 7,739 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $136/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Presenting a rare 9,388 SF two-story mixed-use commercial building zoned C-2 Pedestrian-Oriented Commercial, strategically positioned along a high-visibility corridor with exceptional foot and vehicle traffic. Located on a bustling thoroughfare serviced by bus stops on both the commercial and residential sides, this property delivers the kind of accessibility and exposure that drives consistent tenant demand and long-term value.Key Highlights 12 fully renovated residential units on the second floor, all currently leased, providing immediate and steady rental income 4 ground-floor commercial units leased to a vibrant tenant mix including a restaurant, salon, and retail businesses 1,500+ SF of private rear industrial-style space currently used as an automotive warehouse, ideal for storage, light industrial use, or additional rental income. Surrounded by thriving local businesses with strong car counts and pedestrian flow.2024 Property Taxes: $82,804. This is a fully performing, income-generating asset in a prime transit-oriented location, turnkey for the investor looking for diversified revenue streams under one roof.

Listing Status:
Active
Data Last Updated:
August 24, 2026 at 10:18PM
Listing Office:
Better Homes & Gardens Real Estate Connections : 630-789-3030
Listing Agent:
Noemi Trujillo : 708-530-0469
MLS ID:
12690366
  • A/C: Central Air
  • HOA Amenities: Not Applicable
  • Originating MLS: mred
  • County: Cook
  • Zoning: RTAIL15111250050000
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Noemi Trujillo , Better Homes & Gardens Real Estate Connections

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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