1010 5Th AveMaywood, IL 60153

For Sale
$499,900

Four-unit apartment building with ground-floor commercial space.

Overview

Added:
Feb 3
Days on market:
38
This Maywood, IL mixed-use property presents a unique investment opportunity. The building features four apartments, remodeled in 2008, situated above a ground-floor commercial space ideal for a variety of businesses. Each apartment is individually metered for gas and electricity, minimizing landlord expenses. The building's prime location offers easy access to major expressways, providing convenient access for both residents and customers. Its proximity to Hines VA Hospital and Loyola University Medical Center further enhances its appeal. The substantial potential for rental income from the apartments, combined with the flexibility of the commercial space, makes this an attractive proposition for owner-operators. The commercial space is adaptable to various uses, such as a banquet hall, convenience store, or other business ventures. An adjacent parking lot is included, addressing the crucial need for parking in a busy urban area. The property is being sold "as is," offering a chance to acquire a well-located building with significant upside potential. The building's existing structure and recent apartment renovations provide a solid foundation for a new owner to build upon. This is an excellent opportunity for an investor seeking a blend of commercial and residential income streams in a desirable location. The property is located at 1010 S 5th Avenue, Maywood, IL and is priced at $499,900.

Property Details for 1010 5Th Ave

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1917

Location Insight

City
Maywood
County
Cook
State
Illinois
Latitude
41.87844
Longitude
-87.83919
1010 5Th Ave, Maywood, Illinois
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1010 5Th Ave
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