Two-Story Mixed-Use
For Sale
$1,050,000
421 LAKE Street, Maywood, IL 60153
COMMERCIAL - Maywood, IL
Property Size9,388 SF
Lot Size0.36 Acres
Price / SF$111.84
Days on Market53
Property Features for 421 LAKE Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
RTAIL
Directions
1st Ave North to Lake West to Address
Subdivision
Maywood
Standard status
Active
APN
15111250050000
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
82805
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Floors in Building
2
Number of units
16
Listing Agency:
Better Homes & Gardens Real Estate Connections · Better Homes and Gardens Real Estate
(630) 789-3030
Listed By:
Noemi Trujillo · License #475199556
(708) 295-6619
Added: Jun 27
Changed: Aug 4
Last Checked: Aug 18 at 6:06PM
MLS# 12690366
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9,388-square-foot, two-story mixed-use building contains 12 renovated residential units on the upper floor, all leased. The ground level includes four commercial units occupied by a restaurant, salon, and retail businesses. A private rear area of more than 1,500 square feet is configured as an automotive warehouse and provides additional storage or commercial space. Central air conditioning serves the property, which was built in 1962.
The building sits along a commercial corridor in Maywood with bus stops serving both sides of the surrounding area. Existing occupancy spans residential, restaurant, salon, retail, and automotive-related uses, creating a varied operating profile within one property.
The building sits along a commercial corridor in Maywood with bus stops serving both sides of the surrounding area. Existing occupancy spans residential, restaurant, salon, retail, and automotive-related uses, creating a varied operating profile within one property.
Key Highlights
- 9,388 SF two‑story mixed‑use building
- 12 renovated residential units, all currently leased
- Four ground‑floor commercial units leased to restaurant, salon, and retail tenants
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased residential and commercial spaces are complemented by private rear warehouse area and central air conditioning.
Where is this mixed-use property located?
The property is located at 421 LAKE Street Maywood, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 9,388 SF two‑story mixed‑use building; 12 renovated residential units, all currently leased; Four ground‑floor commercial units leased to restaurant, salon, and retail tenants
