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4-Unit Brick Quadplex
For Sale
Under Contract
$500,000

621 Lake Street, Maywood, IL 60153

Residential Income, Maywood, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market101

Property Features for 621 Lake Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 4
Parking 8
Parking features Off Street, Assigned, Driveway, Owned
Lot features Corner Lot
Elementary school district 89
Middle school district 89
High school district 209
Directions Corner of 7th ave and Lake ave.
Subdivision Maywood
Standard status Active Under Contract
APN 15111180090000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5812

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1965
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Kayla Mychalczuk · License #475185537
Added: Jun 8 Changed: Sep 14 Last Checked: Sep 16 at 10:06PM
MLS# 12657689

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.

Located at 621 Lake Street in Maywood, Illinois, this 1965 brick quadplex contains four two-bedroom, one-bathroom units. One apartment is scheduled to be delivered vacant at closing, providing flexibility for an owner occupant or a new leasing arrangement. The property is being sold as-is.

Recent improvements include a newer roof and two newer water heaters. Eight dedicated off-street parking spaces are assigned to the property. Public water and public sewer serve the building, and natural gas provides heat. The 0.1-acre parcel is positioned in Maywood, within Cook County.

Key Highlights

  • Four 2‑bedroom, 1‑bathroom units
  • One unit delivered vacant at closing
  • Eight dedicated off‑street parking spaces

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property with assigned off-street parking and one unit planned for vacancy at closing.
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: Four 2‑bedroom, 1‑bathroom units; One unit delivered vacant at closing; Eight dedicated off‑street parking spaces
More about this property
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