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Property profile & analytics

612 Lake St Maywood, IL 60153

  • Residential income homes
  • 3,320 SF
  • 0.08 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2461958
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.

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

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  • CAP approach

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  • Alternative Use

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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

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
$14,366
$1,577
$23,939
$25,516
-
$15,770
$239,390
$255,160
More about this property
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