421 Lake St

Maywood, IL 60153
  • $1,050,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 7,739

    SqFt

About the Listing 28760 - 263643,259264

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 Highlights

Status Active
Days on Site 19
Property Type Commercial Sale
MLS ® 12690366
Year Built 1962
Total Square Footage 7,739
Lot/Acreage 0.36
County Cook

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Heat/Indiv Controls
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 110X140
  • Zoning: RTAIL
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $82,805
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 15111250050000
  • Tax Year: 2024

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421 Lake St Maywood, IL 60153

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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