Maywood Commercial Property For
For Sale
Contact for pricing
615 S 5th Ave, 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 Market2374
Property Features for 615 S 5th Ave
General Information
Standard status
Active
Size
22,000 SF
Class
B
Lot size
1.40 Acres
Property subtype
Retail, Land
Zoning
C-2
Investment Type
Value Add
Building Details
Buildings
1
Stories
2
Listing Agency:
Pearson Realty Group
(773) 325-2800
Listed By:
David McLennan · License #IL 475165323
Source:
Crexi
Added: Feb 25, 2020
Changed: Aug 24
Last Checked: Aug 25 at 3:34PM
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, located at 615 S. 5th Ave in Maywood, Illinois, features a 22,000 square foot structure situated on a lot exceeding 61,000 square feet, comprised of three contiguous lots. The site benefits from 200 feet of frontage on 5th Avenue. Previously operated as a grocery store, the existing structure still contains operational refrigeration equipment. Ample parking is available on paved lots located on the west and north parcels of the property. The property is positioned at the intersection of Washington Boulevard and 5th Avenue in central Maywood. A new residential development has recently commenced construction across the street and one block south. Upon completion, this development will consist of 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 lot: 61,000+ S.F. with 200' frontage on 5th Ave.
- High‑traffic location at the intersection of Washington Blvd and 5th Ave.
- Development potential with 3 contiguous lots totaling 61,000+ S.F.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 10%
Apparel 2%
McDonald's
Dining
29,111 visits/mo
0.4 miles
CubeSmart Self Storage
Shops & Services
3,302 visits/mo
0.4 miles
Clarks
Apparel
720 visits/mo
0.3 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
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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 Ave 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 lot: 61,000+ S.F. with 200' frontage on 5th Ave.; High‑traffic location at the intersection of Washington Blvd and 5th Ave.; Development potential with 3 contiguous lots totaling 61,000+ S.F.
