For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

409 Lake St Maywood, IL 60153

Loading data...
Loading data...
Loading data...
For Sale
$620,000

2,000 SF Commercial Building, High Traffic

Property size:
2,000 SF

Property Features for 409 Lake St

General Information

Property type
Other commercial real estate
Square Feet
2,000 SF

Building Details

Year Built
1960

We can help!

Listing Contact
Michael Levin

Listing Agency: @properties Commercial Listing Agent: Michael Levin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional Maywood, IL investment opportunity presents a 2,000 square foot, three-story mixed-use building situated on a 9,012.90 square foot lot. The property boasts a thriving tire repair shop tenant with a 10-year lease generating $1,000 monthly rent, plus two residential units: a two-bedroom, one-bathroom apartment renting for $1,150 monthly (lease started September 1, 2022) and a one-bedroom, one-bathroom apartment renting for $850 monthly. A separate 600 square foot brick commercial building is also included. The property features ample parking (20+ cars), paved loading areas, and is conveniently located near the Maywood Metra station and major expressways. With a C-2 Pedestrian-Oriented Commercial zoning designation and a daily vehicle count of 9,400, this location benefits from high visibility and foot traffic in a vibrant shopping district near Walgreens, Taqueria El Duranguito, and other established businesses. The substantial additional land offers significant potential for future commercial development. This property presents a rare chance to acquire an underutilized asset with considerable upside in rental income or redevelopment potential. All reasonable offers will be considered.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Maywood Tire Shop ... Auto Parts Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Maywood
County
Cook
State
Illinois
Longitude
-87.83862
Latitude
41.88974

FAQs

What type of property is this?
Commercial real estate - 2,000 SF Commercial Building, High Traffic
Where is this commercial real estate located?
The property is located at 409 Lake St Maywood, IL.
What is the asking price?
The asking price for this property is $620,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message