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    216 N 3Rd Ave Maywood, IL 60153

    Sponsored
    For Sale
    Under Contract
    $169,900

    COMMERCIAL - Maywood, IL

    Lot size:
    0.17 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 216 N 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    15111290130000
    Lot size
    0.17 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1887
    Floors in Building
    2
    Number of units
    2

    RE/MAX Enterprises (630) 964-3000 [email protected]

    Listing agent Sylvana Menolascino (630) 363-6059

    Listing date Dec 16, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Maywood, IL

    This mixed-use property in Maywood, IL, presents an opportunity for an owner-operator to live above their business. Zoned C-2, the property requires the first floor to be used as commercial space, while the second level can be used as a residential space with an open floor plan for the first level. The second floor features a spacious 3-bedroom, 2-bath apartment. The property also includes a full unfinished basement and a large front yard, along with a long driveway providing parking. The seller has completed all rough-in work on level 2. Level one could be an open concept space to be Commercial/Office use with off street parking for 6 cars. All utilities are separated. The property features a new roof, plumbing, 3 meter socket electric service, and newer windows, as well as a new HVAC system with a 3-ton A/C unit. The property has a lot size of 0.17 acres. The zoning and occupancy type are to be confirmed with the City of Maywood. The adjacent 3-unit commercial building at 307-309 Lake St is also for sale, and the seller may consider a package deal. The property is being sold in As-Is Condition, and the buyer will need to assume all existing village requirements.
    Location Intelligence

    Current Use by Public Records

    Ulich Children's Advantage Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maywood
    County
    Cook
    State
    Illinois
    Longitude
    -87.8369801
    Latitude
    41.8855798

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential apartment.
    Where is this mixed-use property located?
    The property is located at 216 N 3Rd Ave Maywood, IL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Live/work opportunity: Commercial space on the first floor with a spacious 3-bedroom, 2-bath apartment above.; - Zoned C-2: Allows for commercial use on the first floor and residential use on the second floor.; - New roof, plumbing, 3 meter socket electric service, newer windows, and new HVAC w/3ton A/C unit.
    (630) 363-6059
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    216 N 3Rd Ave Maywood, IL 60153
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    Maywood, IL 60153
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 N 3Rd Ave Maywood, IL 60153
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