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421 LAKE Street
421 LAKE Street
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Listed by Noemi Trujillo with Better Homes & Gardens Real Estate Connections 708-530-0469
For Sale

421 LAKE Street

421 LAKE Street, Maywood, IL 60153

$1,050,000
Presenting a rare 9,388 SF two-story mixed-use commercial building zoned C-2 Pedestrian-Oriented Commercial, strategically positioned along a high-visibility corridor with exceptional foot and vehicle traffic. Located on a bustling thoroughfare serviced by bus stops on both the commercial and residential sides, this property delivers the kind of accessibility and exposure that drives consistent tenant demand and long-term value.Key Highlights 12 fully renovated residential units on the second floor, all currently leased, providing immediate and steady rental income 4 ground-floor commercial units leased to a vibrant tenant mix including a restaurant, salon, and retail businesses 1,500+ SF of private rear industrial-style space currently used as an automotive warehouse, ideal for storage, light industrial use, or additional rental income. Surrounded by thriving local businesses with strong car counts and pedestrian flow. 2024 Property Taxes: $82,804. This is a fully performing, income-generating asset in a prime transit-oriented location, turnkey for the investor looking for diversified revenue streams under one roof.

7,739 Sq.Ft. LIVING AREA

0.36 Acres lot

Noemi Trujillo

Noemi Trujillo

Jose Guerrero

Jose Guerrero

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area7,739 Sq.Ft.
  • Total Area7,739 Sq.Ft.
  • Lot Area0.36 Acres
  • MLS® ID12690360
  • TypeOther
  • YEAR BUILT1962
  • NeighborhoodIllinois

Exterior

  • STORIES2
  • AIR CONDITIONINGCentral Air

Financial

  • Sales Price$1,050,000
  • Real Estate Tax $82,804/yr
  • Zoning RTAIL
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Thank you for your interest in 421 LAKE Street, Maywood, IL 60153. We are reviewing your request and will be in touch shortly!

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