612 Lake St Maywood, IL 60153
- Residential income homes
- 3,320 SF
- 0.08 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 612 Lake St
- Year built
- 1918
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.08 lot acres
- Property size
- 3,320 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 15-11-134-002
- APU
- 1511134002
Description
This exceptional mixed-use property at 612 Lake Street in Maywood, Illinois, presents a unique investment opportunity. The building offers a ground-floor commercial space currently operating as a successful bakery, providing immediate income potential. The spacious layout is ideal for continued bakery operations or adaptation to other food service businesses. Upstairs, a charming and sizable three-bedroom, one-bathroom apartment offers comfortable living quarters, perfect for owner occupancy or rental income generation. The apartment boasts ample living space, creating a desirable residential component to this versatile property. Two convenient off-street parking spaces are located at the rear of the building, a valuable asset in a bustling urban setting. This property enjoys a highly desirable location, close to the heart of downtown Maywood, providing easy access to a wealth of amenities. Nearby shopping centers, schools, hospitals, and public transportation ensure convenience and accessibility for both commercial and residential occupants. This is a rare chance to acquire a well-situated mixed-use property with established income potential and significant upside. The combination of commercial and residential spaces makes this an attractive investment for those seeking a diversified portfolio or a hands-on ownership experience. The property is priced at $375,000. Don't miss this chance to own a piece of Maywood's vibrant community.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Maywood
- County
- Cook
- State
- Illinois
- Longitude
- -87.8412
- Latitude
- 41.8899
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA