519 Lk St Maywood, IL 60153-1651
Property profile & analytics
519 Lk St Maywood, IL 60153-1651
- Industrial properties
- 9,120 SF
- 0.10 lot acres
Property ID
US28-2380616
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- N & S Precision Lathe Work / Industrial Manufacturer / Production Facility
Property Details for 519 Lk St
- Year built
- 1914
- Lot size
- 0.10 lot acres
- Property size
- 9,120 SF
- Property type
- Industrial properties
- APN
- 15-11-124-006
- APU
- 1511124006
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Maywood
- County
- Cook
- State
- Illinois
- Longitude
- -87.8402
- Latitude
- 41.8901
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,957
$6,270
$41,610
$47,880
-
$25,080
$166,440
$191,520
