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    OFF-MARKET
    Industrial properties

    519 Lk St, Maywood, IL 60153-1651

    9,120 SF 0.1 ac lot Built 1914
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US28-2380616
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 519 Lake Street in Maywood, Illinois presents a unique investment opportunity. Boasting a substantial 9,150 square feet, this building is ideally situated in Maywood's central business district, just one block from the Metra station, ensuring high visibility and accessibility. The ground floor features versatile office space, two half-bathrooms, and a large open warehouse area, complete with a sizable rear loading door and an internal elevator lift. Upstairs, the property offers a significant amount of space, including a 1,200 square foot one-bedroom apartment with a full bathroom, and an expansive 3,200 square foot open warehouse space, along with two additional half-bathrooms. A full basement provides ample storage or potential for expansion. The Village of Maywood has approved plans for future development, allowing for the conversion of the second floor into four residential units and the ground floor into three commercial storefronts. This flexibility allows for a wide range of uses and income streams, making this a truly remarkable investment prospect with limitless potential for growth and return. The property is priced at $399,999.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1914
    Total area 9,120 SF
    Lot 0.1 ac (4,560 SF)
    APN 15-11-124-006
    UPID US28-2380616
    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
    • N & S Precision Lathe Work Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Vacha Enterprises INC · 3 yrs held
    Vacha Enterprises INC
    since 2023
    Last sale
    $190,000
    3 recorded transactions
    2025
    2023
    $190,000
    2014
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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