Four-Unit Residential Income
For Sale
$500,000
Pending
621 Lake Street, Maywood, IL 60153
Well-maintained 4-unit building offers 2-bedroom/1-bath units and eight dedicated off-street parking spaces.
Property SizeContact for details
Days on Market92
Property Features for 621 Lake Street
General Information
Standard status
Pending
Total Parking Spaces
8
Property subtype
Two to Four Units / 2 Flat
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,812
Building Details
Year Built
1965
Tenancy
Multi
Listing Agency:
Keller Williams ONEChicago
Listed By:
Kayla Mychalczuk · License #475185537
(630) 765-2447
Source:
Compass
Added: Jun 7
Changed: Aug 8
Last Checked: Aug 4 at 11:06AM
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 Keller Williams ONEChicago
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential income property offers spacious 2-bedroom, 1-bath layouts across all units. One unit is scheduled to be delivered vacant at closing, providing flexibility for either an owner-occupant or continued rental operations. The property is being sold as-is.
Recent improvements include a newer roof and two newer water heaters. Eight dedicated off-street parking spaces support day-to-day tenant and resident needs.
The building’s current configuration provides consistent unit sizes within the four-unit structure, with off-street parking on site and select deferred-upkeep items already addressed through the roof and water heater updates.
Recent improvements include a newer roof and two newer water heaters. Eight dedicated off-street parking spaces support day-to-day tenant and resident needs.
The building’s current configuration provides consistent unit sizes within the four-unit structure, with off-street parking on site and select deferred-upkeep items already addressed through the roof and water heater updates.
Key Highlights
- Well‑maintained 4‑unit building built in 1965 with 2‑bedroom, 1‑bath units
- One unit delivered vacant at closing for owner‑occupant use or added rental flexibility
- Newer roof and two newer water heaters
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
884
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained 4-unit building offers 2-bedroom/1-bath units and eight dedicated off-street parking spaces.
Where is this quadplex located?
The property is located at 621 Lake Street Maywood, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit building built in 1965 with 2‑bedroom, 1‑bath units; One unit delivered vacant at closing for owner‑occupant use or added rental flexibility; Newer roof and two newer water heaters
