421 LAKE ST, Maywood, IL 60153
421 LAKE ST, Maywood, IL 60153
421 LAKE ST, Maywood, IL 60153
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$1,050,000
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7,739 SqFt
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421 LAKE ST Maywood, IL 60153

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 7,739 sqft

Price per Sqft $135

MLS Listing ID 12690366

Year Built 1962

Annual Tax Amount $82,804

Tax Year 2024

Lot Dimensions 110X140

Property Sub-Type Retail/Stores

Property Description

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.

Location

State IL

County Cook

Area Maywood

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Noemi Trujillo of  Better Homes & Gardens Real Estate Connections 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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