Brick Corner Multifamily
For Sale
Contact for pricing
Pending
1600 Madison Street, Maywood, IL 60153
Brick multifamily on a corner lot with parking, offered as-is for an owner-occupant or rental strategy.
Property SizeContact for details
Days on Market74
Property Features for 1600 Madison Street
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
MULTI
Building Details
Year Built
1968
Listing Agency:
Foley Properties Inc
(312) 203-0770
Listed By:
Ursula Foley · License #IL 471.018085
Source:
Crexi
Added: May 28
Changed: Aug 8
Last Checked: Jul 25 at 6:28AM
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 Foley Properties Inc
Investment Insights
Based on property information with market context.
This brick multifamily building is positioned on a corner lot and includes parking for residents and visitors. The property is oriented north facing, and it is being sold “As-Is,” with an opportunity for an owner-occupant or buyer to restore the building to suit their plans.
The building is located centrally in Maywood on Madison Street, with access to expressways and public transportation described as nearby. Local shops and schools are also noted as being close by, supporting convenient day-to-day needs for tenants or an owner-occupant.
For a buyer looking for a combination of living space and rental income, the existing multifamily configuration can support that approach, subject to the buyer’s renovation and operating strategy. Because the property is offered as-is, prospective purchasers should plan for due diligence and any required repairs or improvements before occupancy or leasing. The corner-lot setting and on-site parking are practical features for residential tenants, while the location description may appeal to those who want access to both town amenities and transportation routes.
The building is located centrally in Maywood on Madison Street, with access to expressways and public transportation described as nearby. Local shops and schools are also noted as being close by, supporting convenient day-to-day needs for tenants or an owner-occupant.
For a buyer looking for a combination of living space and rental income, the existing multifamily configuration can support that approach, subject to the buyer’s renovation and operating strategy. Because the property is offered as-is, prospective purchasers should plan for due diligence and any required repairs or improvements before occupancy or leasing. The corner-lot setting and on-site parking are practical features for residential tenants, while the location description may appeal to those who want access to both town amenities and transportation routes.
Key Highlights
- 1968‑built brick multifamily building in Maywood
- Located on a corner lot on Meridian Street
- North‑facing building with plenty of parking
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Brick multifamily on a corner lot with parking, offered as-is for an owner-occupant or rental strategy.
Where is this multifamily property located?
The property is located at 1600 Madison Street Maywood, IL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1968‑built brick multifamily building in Maywood; Located on a corner lot on Meridian Street; North‑facing building with plenty of parking
