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Four-Unit Residential Income Property

621 Lake Street Maywood, IL 60153

621 Lake Street, Maywood, IL, 60153
$500,000
For Sale
$500,000

Well-maintained 4-unit building offers 2-bedroom/1-bath units and eight dedicated off-street parking spaces.

Days on Market61

Property Features for 621 Lake Street

General Information

Standard status
Active
Property subtype
Two to Four Units / 2 Flat

Building Details

Year Built
1965
Listing agency Keller Williams ONEChicago
Listed by Kayla Mychalczuk · License #475185537
Source Compass
Added: May 23 Updated: Jul 22 at 4:44AM Checked: Jul 22 at 4:44AM

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.

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

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Gym & Fitness Center Kitchen & Bath Showroom Accounting Firm

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

FAQs

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
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