1209 S 5th Avenue, Maywood, IL 60153
City-approved, updated storefront ideal for salon, studio, or business.
- Added:
- Dec 30, 2024
- Days on Market:
- 552
- Last Refresh:
- May 13 at 8:37 pm
Property Features for 1209 S 5th Avenue
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Other
Building Details
- Year Built
- 2024
Listing office ASAP Realty (815) 886-2727
Listing date Dec 30, 2024
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of ASAP Realty
HighLights
- City‑approved storefront, ready for immediate business operation.
- Fully modernized interior with stylish and functional design.
- Located in a high‑traffic area with excellent visibility.
- Open floor plan allows for easy customization.
- Convenient nearby parking for clients.
- Newly built in 2024.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $21.60 |
| − Vacancy | −$1.4k | −$1.77 |
| EGI | $15.9k | $19.83 |
| − OpEx | −$4.8k | −$5.95 |
| NOI | $11.1k | $13.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Maywood
- County
- Cook
- State
- Illinois
- Longitude
- -87.8385145
- Latitude
- 41.8767113
