9 6Th AveMaywood, IL 60153

Property Details for 9 6Th Ave

Year built

1925

Lot size

0.15 AC

Property type

Auto shops

APN

15-11-135-007

APU

1511135007

Description

This exceptional commercial property, located at 9 N 6th Ave in Maywood, Illinois, presents a unique investment opportunity. The 6,500 square foot building sits on a 6,500 square foot lot and is zoned C-2, offering considerable flexibility for a variety of uses. Previously utilized as both a bank and a storefront, this versatile space is ready for its next chapter. The asking price is $89,000, making it an attractive proposition for savvy investors seeking a strong return. The property's prime location in Cook County, Illinois, with a Maywood zip code of 60153, ensures high visibility and accessibility. Its convenient location offers easy access to major transportation routes and a thriving local community. The property's size and zoning provide ample opportunity for a range of commercial ventures. The property's APN is 15-11-135-007-0000. This is a rare chance to acquire a well-situated, sizable commercial property at a competitive price point. Don't miss this opportunity to own a piece of Maywood's vibrant commercial landscape. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,920,462

  6.5%

  $2,695,811

  7%

  $2,503,254

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,166,318

  Geo Method

  $2,166,318

• Alternative Use

  Use

  Valuation

  Residential

  $2,274,018

  Hospitality

  $2,082,988

  Educational

  $1,733,022

  Medical

  $1,792,623

  Retail

  $2,695,811

Location Insight

City

Maywood

County

Cook

State

Illinois

Latitude

41.8892

Longitude

-87.8401

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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