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Property profile

1000 Madison St Maywood, IL 60153

OFF-MARKET
Industrial properties
Property ID
US28-0270184
0.14 ac lot Built 1970
Individually Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This expansive 13,000 square foot building presents a unique investment opportunity in the heart of Maywood, Illinois. Situated on three parcels totaling 14,291 square feet, this property boasts a minimum 20-foot ceiling height, offering significant potential for various uses. The building's construction features cinder block interior walls and a brick exterior, indicating a solid structure despite needing roof replacement. The C-2 zoning allows for a range of commercial possibilities, though the property must be used for pedestrian-oriented businesses. Located within a residential community, this presents a chance to serve the local neighborhood. Please note that the property is sold "as is," and buyers are responsible for any village requirements and existing violations. The seller will not cover title fees or violation fines. A compelling aspect of this offering is the availability of seller financing with a 10% down payment and a 30-year fixed loan. This is a remarkable opportunity for a buyer with vision to transform this substantial property. Serious inquiries only.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Lot 0.14 ac (6,250 SF)
APN 15-15-206-004
UPID US28-0270184

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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