For Sale
$620,000
409 Lake St Maywood, IL 60153
Prime location, high-potential income.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- Mixed-use building at 401-409 Lake Street, Maywood, IL. Approximately 2,000 square feet on a 9,012 square foot lot.
- Features a 2-story building with C-2 zoning, a paved loading area, and parking for over 20 vehicles.
- Currently 75% occupied, generating monthly income of $3,000 from a 10-year leased tire repair shop ($1,000), a 2-bedroom/1-bathroom apartment ($1,150), and a 1-bedroom/1-bathroom apartment ($850).
- Excellent location near the Maywood Metra station and expressways, with high daily vehicle traffic (9,400 VPD), and proximity to established businesses.
- Asking price: $620,000 ($310 per square foot), built in 1960.
Property Details for 409 Lake St
- Property type
- Mixed-use properties
- Square Feet
- 2,000 SF
- Year Built
- 1960
- Buildings
- 2
- Stories
- 2
Location Insight
- City
- Maywood
- County
- Cook
- State
- Illinois
- Latitude
- 41.8897131
- Longitude
- -87.8386277
Nearby Similar for Sale
FAQs
- What type of property is this?
- Mixed-use property - Prime location, high-potential income.
- Where is the mixed-use property located?
- The property is located at 409 Lake St Maywood, IL.
- What is the asking price?
- The asking price for this property is $620,000.
- What are key features of this property?
- This property features: Mixed-use building at 401-409 Lake Street, Maywood, IL. Approximately 2,000 square feet on a 9,012 square foot lot.; Features a 2-story building with C-2 zoning, a paved loading area, and parking for over 20 vehicles.; Currently 75% occupied, generating monthly income of $3,000 from a 10-year leased tire repair shop ($1,000), a 2-bedroom/1-bathroom apartment ($1,150), and a 1-bedroom/1-bathroom apartment ($850).
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