4-Unit Residential Income
For Sale
$500,000
621 Lake Street, Maywood, IL 60153
MULTI_FAMILY - Maywood, IL
Lot Size0.10 Acres
Days on Market53
Property Features for 621 Lake Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 6
Parking
8
Parking features
Driveway, Off Street, Assigned, 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
APN
15111180090000
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16346
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
(312) 216-2422
Listed By:
Kayla Mychalczuk · License #475185537
(312) 216-2422
Added: Jun 8
Changed: Jul 30
Last Checked: Jul 30 at 4:06PM
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.
This 4-unit residential income property offers a straightforward layout with spacious 2-bedroom, 1-bathroom units. The building has been well maintained and features a newer roof, along with two newer water heaters. Off-street parking is available with eight dedicated spaces, providing practical day-to-day convenience for tenants and guests. One unit is being delivered vacant at closing, creating flexibility for an owner-occupant or for immediate leasing.
The property is located at 621 Lake Street in Maywood, Illinois (Cook County). The seller indicates the asset is being sold as-is. The lot size is listed at approximately 0.1 acres.
For tenants, the combination of 2-bedroom unit layouts and dedicated parking supports everyday livability. For owner-occupants, the vacancy at closing may allow you to move into one unit while leasing the remaining units. For investors, the property’s four-unit configuration and recent building components, including the newer roof and updated water heaters, can help reduce near-term capital concerns, while the as-is sale offers a clear, uncomplicated purchase path.
The property is located at 621 Lake Street in Maywood, Illinois (Cook County). The seller indicates the asset is being sold as-is. The lot size is listed at approximately 0.1 acres.
For tenants, the combination of 2-bedroom unit layouts and dedicated parking supports everyday livability. For owner-occupants, the vacancy at closing may allow you to move into one unit while leasing the remaining units. For investors, the property’s four-unit configuration and recent building components, including the newer roof and updated water heaters, can help reduce near-term capital concerns, while the as-is sale offers a clear, uncomplicated purchase path.
Key Highlights
- Brick 4‑unit property built in 1965
- All units are 2‑bedroom, 1‑bath layout (per listing description)
- One unit is delivered vacant at closing
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
556
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex with newer roof, updated water heaters, and off-street parking with eight dedicated 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: Brick 4‑unit property built in 1965; All units are 2‑bedroom, 1‑bath layout (per listing description); One unit is delivered vacant at closing
