409 Lake Street,Maywood, IL 60153
Maywood, IL 60153
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
Details
| MLS # | 11838497 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 1131 |
| Listing Provided By | @properties Commercial | Michael Levin |
Features
| SQ Feet | 2,000 |
|---|---|
| Story(s) | 3 |
| Units | 3 |
| Zoning | COMMR |
Interior
| Cooling | Wall Sleeve, Window Unit(s) |
|---|
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|---|
| Electric | Circuit Breakers, Service - 201 to 600 Amps |
Taxes
| Tax Year | 2022 |
|---|---|
| Tax Annual Amount | 12197 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Maywood |
| Zip Code | 60153 |
| Area | Maywood |
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Maywood |
| Zip Code | 60153 |
| Area | Maywood |
