409 Lake Street Maywood, IL 60153
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
- Property TypeCommercial
- NeighborhoodN/A
- CountyCook
- Taxes$12,197
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusActive
- MLS ID Number11838497
- Home Size Source N/A
- Year Built1960
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 409 Lake Street Maywood, IL 60153
a month ago | |
a month ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Brick
- Electric Circuit Breakers
- Number of Stories 3
- Foundation Concrete Perimeter
- Zoning COMMR
- Number Of Stories 3
Interior Features
- Cooling Wall SleeveWindow Unit(s)
- Flooring CarpetTileVaries
- Utilities Electric to SiteGas to SiteSanitary SewerWater-CommunityWater-MunicipalWater to Site
Exterior Features
- Roof Composition
- Construction Details Brick
Community Features
- MLS Area Maywood