Three-Story Mixed-Use
For Sale
$480,000
409 Lake St, Maywood, IL 60153
Includes retail space, two residential units, a secondary commercial building, and paved on-site parking.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market1165
Property Features for 409 Lake St
General Information
Standard status
Active
Lot size
0.21 Acres
Zoning
C-2
Site & Location
Traffic Count
9,400 vehicles/day
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$21,478
Building Details
Buildings
2
Stories
3
Construction
masonry
Tenancy
Multi
Listing Agency:
@properties Commercial
(312) 337-0200
Listed By:
Michael Levin · License #475123263
(847) 977-5389
Source:
Exprealty
Added: Jul 20, 2023
Changed: Sep 17
Last Checked: Sep 24 at 4:45PM
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 @properties Commercial
Investment Insights
Based on property information with market context.
This three-story commercial mixed-use building includes a first-floor retail showroom currently built out as a tire repair shop, along with two residential units. The second-floor apartment is a two-bedroom, one-bath unit, while the third-floor apartment has one bedroom and one bath. The property also includes a paved side and rear drive loading area, parking for about 20-plus cars, and a small approximately 600-square-foot brick commercial building.
The primary building is approximately 2,000 square feet on a 9,012.90-square-foot parcel. Zoning is C-2 Pedestrian-Oriented Commercial. Located at 401–409 Lake Street in Maywood, the property is within walking distance of the Maywood Metra stop, close to area expressways, and just east of the intersection of 5th and Lake Street. The location records 9,400 vehicles per day and sits near Walgreens, Taqueria El Duranguito, Maywood Express, Legends Grill and Music Venue, and Panaderia Puebla.
The primary building is approximately 2,000 square feet on a 9,012.90-square-foot parcel. Zoning is C-2 Pedestrian-Oriented Commercial. Located at 401–409 Lake Street in Maywood, the property is within walking distance of the Maywood Metra stop, close to area expressways, and just east of the intersection of 5th and Lake Street. The location records 9,400 vehicles per day and sits near Walgreens, Taqueria El Duranguito, Maywood Express, Legends Grill and Music Venue, and Panaderia Puebla.
Key Highlights
- Three‑story commercial mixed‑use building with first‑floor retail showroom and two residential units
- Primary building is Approx 2,000 SQ FT on 9,012.90 SQ FT of land
- Small 600 SQ FT (Approx) brick commercial building included
Property Analytics
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Current Use
Lease Details
9,400 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
756
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes retail space, two residential units, a secondary commercial building, and paved on-site parking.
Where is this mixed-use property located?
The property is located at 409 Lake St Maywood, IL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Three‑story commercial mixed‑use building with first‑floor retail showroom and two residential units; Primary building is Approx 2,000 SQ FT on 9,012.90 SQ FT of land; Small 600 SQ FT (Approx) brick commercial building included
