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Property profile & analytics
OFF-MARKET
Mixed-use properties

1010 5Th Ave Maywood, IL 60153

Built 1917
Property ID
Property summary
AI-generated overview

This Maywood, IL mixed-use property presents a unique investment opportunity. The building features four apartments, remodeled in 2008, situated above a ground-floor commercial space ideal for a variety of businesses. Each apartment is individually metered for gas and electricity, minimizing landlord expenses. The building's prime location offers easy access to major expressways, providing convenient access for both residents and customers. Its proximity to Hines VA Hospital and Loyola University Medical Center further enhances its appeal. The substantial potential for rental income from the apartments, combined with the flexibility of the commercial space, makes this an attractive proposition for owner-operators. The commercial space is adaptable to various uses, such as a banquet hall, convenience store, or other business ventures. An adjacent parking lot is included, addressing the crucial need for parking in a busy urban area. The property is being sold "as is," offering a chance to acquire a well-located building with significant upside potential. The building's existing structure and recent apartment renovations provide a solid foundation for a new owner to build upon. This is an excellent opportunity for an investor seeking a blend of commercial and residential income streams in a desirable location. The property is located at 1010 S 5th Avenue, Maywood, IL and is priced at $499,900.

Property profile
Verified
Property type Mixed-use properties
Year built 1917
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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