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    FOR SALE
    Parking lots & garages

    1209 S 5Th Ave, Maywood, IL 60153

    0.08 ac lot Built 1911
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-0241963
    Property summary
    AI-generated overview

    This 800-square-foot storefront at 1209 S 5th Avenue, Maywood, IL, is a fantastic opportunity for entrepreneurs. Recently updated and boasting city approval, this property is ready for immediate occupancy. The interior has undergone a complete modernization, creating a stylish and functional space perfect for a variety of businesses, such as a salon or studio. The open floor plan offers flexibility for customization, allowing you to design the space to perfectly meet your operational needs. City inspections have resulted in a clean bill of health, eliminating any potential delays in getting your business up and running. The property's location in a high-traffic area ensures excellent visibility and a steady stream of potential customers. Convenient nearby parking adds to the overall appeal, enhancing the customer experience. Priced at $279,900, this move-in ready space presents an exceptional chance to establish or expand your business in a thriving Maywood location. Don't miss this chance to secure a prime commercial space in a desirable area. The property sits on a 0-acre lot and offers a versatile space ideal for a variety of small businesses.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group RESIDENTIAL PARKING GARAGE
    Year built 1911
    Lot 0.08 ac (3,510 SF)
    APN 15-14-120-004
    UPID US28-0241963
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    High Quality Painting LLC · 3 yrs held
    High Quality Painting LLC
    since 2023
    7 recorded transactions
    2023
    2021
    2018
    $83,000
    2002
    1999
    $50,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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