Two-Story Mixed-Use
For Sale
$1,050,000
421 LAKE Street, Maywood, IL 60153
Commercial Sale, Maywood, IL
Property Size9,388 SF
Lot Size0.36 Acres
Price / SF$111.84
Days on Market93
Property Features for 421 LAKE Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RTAIL
Directions
1st Ave North to Lake West to Address
Subdivision
Maywood
Standard status
Active
APN
15111250050000
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
82804
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Floors in Building
2
Number of units
16
Listing Agency:
Better Homes & Gardens Real Estate Connections · Better Homes and Gardens Real Estate
(630) 789-3030
Listed By:
Noemi Trujillo · License #475199556
(708) 295-6619
Added: Jun 27
Changed: Aug 20
Last Checked: Sep 27 at 6:06AM
MLS# 12690360
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This two-story mixed-use property contains 9,388 SF with residential and commercial components under one roof. The second floor includes 12 fully renovated residential units, all leased, while the ground level offers four commercial units occupied by a restaurant, salon, and retail businesses. Central air and the building’s 1962 construction are also documented features.
A separate rear area of more than 1,500 SF is configured in an industrial-style layout and is currently used as an automotive warehouse. The property sits at 421 LAKE Street in Maywood, Illinois, within a 0.3553-acre parcel. Bus stops serve both sides of the surrounding commercial and residential corridor, providing transit access near the building.
A separate rear area of more than 1,500 SF is configured in an industrial-style layout and is currently used as an automotive warehouse. The property sits at 421 LAKE Street in Maywood, Illinois, within a 0.3553-acre parcel. Bus stops serve both sides of the surrounding commercial and residential corridor, providing transit access near the building.
Key Highlights
- 9,388 SF two‑story mixed‑use building
- 12 fully renovated residential units on the second floor, all currently leased
- 4 ground‑floor commercial units leased to restaurant, salon, and retail businesses
Property Analytics
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Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 60153, IL
23,512
Population
8,385
Households
2.8
Avg Household Size
36
Median Age
17%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
8,397
Density / Sq Mi
$66,498
Median Household Income
$40,734
Median Earnings
$1,203
Median Rent
$212,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated apartments and leased commercial suites create a diversified configuration within one centrally located property.
Where is this mixed-use property located?
The property is located at 421 LAKE Street Maywood, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 9,388 SF two‑story mixed‑use building; 12 fully renovated residential units on the second floor, all currently leased; 4 ground‑floor commercial units leased to restaurant, salon, and retail businesses
