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Mixed-Use Property with Four Apartments
For Sale
$499,900

1010 S 5th Avenue, Maywood, IL 60153

First-floor business space is combined with upper-level apartments and an adjacent parking lot.

Property SizeContact for details
Days on Market9

Property Features for 1010 S 5th Avenue

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Floor First Floor

Taxes and HOA fees

Annual Taxes $23,218

Amenities

parking lot

Building Details

Year Built 1917
Stories 2
Units 5
Tenancy Multi
Listing Agency: RAJ Realty & Investment Co.
Listed By: Neelam Dwivedi
Source: Allinonerealestateco
Added: Aug 12 Changed: Aug 14 Last Checked: Aug 19 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RAJ Realty & Investment Co.

Investment Insights

Based on property information with market context.

Built in 1917, this mixed-use property combines a first-floor commercial area with four apartments on the upper level. The apartments were remodeled in 2008, and residents separately pay their gas and electric utilities. An adjacent parking lot serves both the business area and residential occupants.

The property is situated near major expressways, Edward Hines Jr. VA Hospital, and Loyola University Medical Center. Potential first-floor applications identified for the space include retail, office, convenience, and banquet uses; permitted use should be confirmed with the village. The property is offered in AS IS condition.

Key Highlights

  • Four apartments occupy the upper level
  • First‑floor commercial space supports a range of business concepts, subject to village ordinance review
  • Upper‑level apartments remodeled in 2008

Property Analytics

Current Use

ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Garden Center Locksmith Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

Demographics for 60153, IL

23,512
Population
8,385
Households
2.8
Avg Household Size
36
Median Age
17%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
8,397
Density / Sq Mi
$66,498
Median Household Income
$40,734
Median Earnings
$1,203
Median Rent
$212,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor business space is combined with upper-level apartments and an adjacent parking lot.
Where is this mixed-use property located?
The property is located at 1010 S 5th Avenue Maywood, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Four apartments occupy the upper level; First‑floor commercial space supports a range of business concepts, subject to village ordinance review; Upper‑level apartments remodeled in 2008
More about this property
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