421 LAKE Street, Maywood, IL 60153

Building Details

Year built

1962

Floors in Building

2

Number of units

16

Listing agent Noemi Trujillo License #475199556 Show Phone

Listing office Better Homes & Gardens Real Estate Connections J***@gmail.com 108 S. Washington, Hinsdale, IL Show Phone

Listing date Jun 27, 2026

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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.

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Overview

This two-story mixed-use building offers a combined residential and commercial layout, including 12 fully renovated residential units on the second floor, all currently leased. The ground floor includes four leased commercial spaces with a tenant mix that includes a restaurant, salon, and retail businesses. In addition, there is 1,500+ SF of private rear industrial-style space currently used as an automotive warehouse, which can support storage, light industrial use, or additional rental income.

The property is located along a high-visibility corridor with bus stops on both the commercial and residential sides. The building sits on a 0.3553-acre lot in Maywood, Illinois, and is described as pedestrian-oriented commercial zoning in the property remarks.

For buyers seeking an income-generating asset with diversified revenue under one roof, this structure provides both leased residential units and leased ground-floor commercial space, complemented by an additional rear warehouse-style area. The renovated residential component and the active commercial mix are designed to support straightforward tenant occupancy across multiple uses within the same building.

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Nursing Home Dental Office Garden Center Accounting Firm Nursing Home Home Appliance Store Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Maywood

County

Cook

State

Illinois

Longitude

-87.8388987

Latitude

41.8898349

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FAQs

What type of property is this?

Mixed-use property - Two-story mixed-use building with leased residential and retail components plus private rear industrial-style space.

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 commercial building built in 1962 with central air; Zoned C‑2 Pedestrian‑Oriented Commercial along a high‑visibility corridor with bus stops on both sides; 12 fully renovated residential units on the second floor, all currently leased