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

Report an issue

MLS# 12690360

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.

---

Overview

This two-story mixed-use building offers 9,388 SF and is zoned RTAIL. The second floor includes 12 fully renovated residential units, all currently leased. The ground floor provides four leased commercial storefront units, with a tenant mix that includes a restaurant, salon, and retail businesses. A private rear industrial-style space of 1,500+ SF is currently used as an automotive warehouse.

The property is located at 421 Lake Street in Maywood, IL, positioned along a high-visibility corridor. Public remarks note bus stops on both the commercial and residential sides, supporting convenient access for pedestrians and transit riders.

As a single asset with both residential and commercial components, this building can fit owners seeking diversified income under one roof while maintaining flexibility with the rear space for storage, light industrial use, or potential re-tenanting. With the residential units and front commercial storefronts already leased, the property is set up to operate as a turnkey, multi-purpose investment.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Nearby Similar for Sale

• 

  $559,000

  Maywood Car Wash For Sale

  Updated car wash facility on busy Roosevelt Road corridor.

  801 W Roosevelt Road, Maywood, IL 60153

  View Details
• 

  $500,000

  Four-Unit Residential Income Building

  Well-maintained four-unit property with 8 dedicated parking spaces and a unit delivered vacant at closing.

  621 Lake Street, Maywood, IL 60153

  View Details
• 

  $109,900

  1,800 SF

  Maywood Multifamily Property For Sale

  Two-unit property in Maywood, Illinois, with income potential.

  1007 S 1ST Avenue, Maywood, IL 60153

  View Details
• 

  $399,900

  Maywood, IL Multi-Family Property

  Multi-family property for sale in Maywood, Illinois.

  1118 S 7th Avenue, Maywood, IL 60153

  View Details
• 

  $254,999

  5-Unit Multifamily Building with Courtyard

  Five-unit property with courtyard parking and a separate coach house, ready for cosmetic rehab and operator updates.

  1718 S 6th Avenue, Maywood, IL 60153

  View Details
• 

  $220,000

  Updated Storefront in Maywood, IL

  City-approved, updated storefront suitable for salon, studio, or small business.

  1209 S 5th Avenue, Maywood, IL 60153

  View Details
• 

  $999,900

  3,200 SF

  Maywood Commercial Building For Sale

  3,200 SF commercial building in Maywood, Illinois, zoned C-3.

  1119 Roosevelt Road, Maywood, IL 60153,

  View Details
• 

  Contact for pricing

  Occupied Multifamily Property

  For sale multifamily property sold occupied, with auction requirements and buyer-premium terms to review.

  1016 S 14th Avenue, Maywood, IL 60153

  View Details
• 

  $139,900

  Mixed-Use Building on St. Charles

  Mixed-use building with high visibility and street parking.

  1222 Saint Charles Road, Maywood, IL 60153

  View Details
• 

  $2,425,000

  12,000 SF

  Maywood Truck Repair Facility

  Massive truck repair facility and adjacent convenience store for sale.

  1318 S 4th Ave, Maywood, IL

  View Details
• 

  $620,000

  2,000 SF

  Maywood Mixed-Use Commercial Building

  Mixed-use building with development potential in Maywood shopping district.

  409 Lake Street, Maywood, IL 60153

  View Details
• 

  $360,000

  Brick Corner Multifamily Building

  Brick multifamily on a corner lot with parking, offered as-is for an owner-occupant or rental strategy.

  1600 Madison Street, Maywood, IL 60153

  View Details

FAQs

What type of property is this?

Mixed-use property - Two-story mixed-use building with leased residential units, storefronts, and 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, zoned C‑2 Pedestrian‑Oriented Commercial (Year built 1962).; 12 fully renovated residential units on the second floor, all currently leased.; 4 ground‑floor commercial units leased to a tenant mix including a restaurant, salon, and retail businesses.