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Maywood Commercial Property on 5th
For Sale
$450,000

615 S 5th Avenue, Maywood, IL 60153

22,000 SF structure on 61,000+ SF lot in Maywood.

Property Size22,000 SF
Lot Size1.40 Acres
Price / SF$20.45
Days on Market2109

Property Features for 615 S 5th Avenue

General Information

Standard status Active
Size 22,000 SF
Lot size 1.40 Acres
Property subtype Commercial/Industrial
Listing Agency: Pearson Realty Group
Listed By: David McLennan · License #475165323
Source: Exitrealty
Added: Oct 23, 2020 Changed: Jul 6 Last Checked: Jul 31 at 5:29AM

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 Pearson Realty Group

Investment Insights

Based on property information with market context.

This commercial property is located at 615 S. 5th Avenue in Maywood, Illinois. The site includes three contiguous lots, featuring a 22,000-square-foot structure situated on a lot exceeding 61,000 square feet. The property boasts 200 feet of frontage on 5th Avenue. Previously operated as the Maywood Market, the building still contains operational refrigeration equipment. Ample parking is available on paved lots located on the west and north parcels of the existing structure. The property is positioned at the intersection of Washington Boulevard and 5th Avenue in central Maywood. A new residential development is under construction across the street and one block south. Upon completion, this development will feature a five-story building with 4,500 square feet of retail space on the ground level and 68 residential units on the four floors above.

Key Highlights

  • Large 61k+ S.F. lot with 200' of frontage on 5th Ave.
  • 22k S.F. structure previously used as a grocery store.
  • Located at the busy intersection of Washington Blvd and 5th Ave.

Property Analytics

Current Use

O’Donnell Heating & Air ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Plumbing Service Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 25% Apparel 1%
McDonald's Dining
29,111 visits/mo 0.2 miles
Church's Chicken Dining
8,428 visits/mo 0.4 miles
Exxon Shops & Services
5,851 visits/mo 0.4 miles
AutoZone Shops & Services
3,606 visits/mo 0.5 miles
CubeSmart Self Storage Shops & Services
3,302 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Silver Creek Family Picnic Area — 1441 N 1st Ave, Melrose Park, IL 60160
  • Tarfey — park district, 260 s 17th ave, maywood, il 60153

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 22,000 SF structure on 61,000+ SF lot in Maywood.
Where is this grocery and convenience store located?
The property is located at 615 S 5th Avenue Maywood, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Large 61k+ S.F. lot with 200' of frontage on 5th Ave.; 22k S.F. structure previously used as a grocery store.; Located at the busy intersection of Washington Blvd and 5th Ave.
More about this property
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