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    512 Lake St Maywood, IL 60153

    Sponsored
    For Sale
    $80,000

    COMMERCIAL - Maywood, IL

    Type:Retail
    Lot size:
    0.06 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 512 Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    15111350030000
    Lot size
    0.06 Acres

    Building Details

    Year built
    1903
    Floors in Building
    1
    Number of units
    2

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Robert O'Hara (708) 429-4300

    Listing date Dec 31, 2025

    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.

    Overview

    Maywood Commercial Opportunity For Sale

    This commercial property, located in Maywood, Illinois, presents an ideal business opportunity. The property was previously used as a tire changing business and could potentially be used for any type of auto repair, subject to village approval. The building offers a good size. The property is sold as is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    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.

    Similar Places Nearby

    24 hour extreme towing and recovery inc, Hill's Auto Body Shop, Kay Kay auto, Seng Tire Co, Ramsis Vehicle Towing's & Co

    Location Insight

    • Map
    • Local Demand
    City
    Maywood
    County
    Cook
    State
    Illinois
    Longitude
    -87.8399749
    Latitude
    41.889674

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    FAQs

    What type of property is this?
    Auto shop - Commercial property in Maywood, ideal for auto repair business.
    Where is this auto shop located?
    The property is located at 512 Lake St Maywood, IL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Ideal for auto repair business (subject to village approval).; - Good size building.; - Previously a thriving tire changing business.
    (708) 429-4300
    Request Owner's contact information
    512 Lake St 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
    512 Lake St Maywood, IL 60153
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