name

421 LAKE Street

  • Maywood, IL
  • $1,050,000

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Presenting a 9,388 SF, two-story mixed-use commercial building zoned C-2 Pedestrian-Oriented Commercial, ideally positioned in a high-visibility corridor with both heavy foot and vehicle traffic. Located on a bustling thoroughfare with bus stops on both the commercial and residential sides, this property offers exceptional exposure and accessibility. Key Highlights: 12 fully renovated residential units on the second floor - all fully leased, providing steady rental income. 4 ground-floor commercial units, leased to a dynamic mix of modern tenants including a restaurant, salon, and retail businesses. Over 1,500 SF of private rear industrial-style space, currently utilized as an automotive warehouse - perfect for storage, light industrial, or additional rental income. Surrounded by thriving local businesses, this property benefits from high car counts and strong pedestrian flow, making it an ideal, income-generating investment in a prime, transit-oriented location. Property taxes for 2024 $82,804.
Presenting a 9,388 SF, two-story mixed-use commercial building zoned C-2 Pedestrian-Oriented Commercial, ideally positioned in a high-visibility corridor with both heavy foot and vehicle traffic. Located on a bustling thoroughfare with bus stops on both the commercial and residential sides, this property offers exceptional exposure and accessibility. Key Highlights: 12 fully renovated residential units on the second floor - all fully leased, providing steady rental income. 4 ground-floor commercial units, leased to a dynamic mix of modern tenants including a restaurant, salon, and retail businesses. Over 1,500 SF of private rear industrial-style space, currently utilized as an automotive warehouse - perfect for storage, light industrial, or additional rental income. Surrounded by thriving local businesses, this property benefits from high car counts and strong pedestrian flow, making it an ideal, income-generating investment in a prime, transit-oriented location. Property taxes for 2024 $82,804.
Presenting a 9,388 SF, two-story mixed-use commercial building zoned C-2 Pedestrian-Oriented Commercial, ideally positioned in a high-visibility corridor with both heavy foot and vehicle traffic. Located on a bustling thoroughfare with bus stops on both the commercial and residential sides, this property offers exceptional exposure and accessibility. Key Highlights: 12 fully renovated residential units on the second floor - all fully leased, providing steady rental income. 4 ground-floor commercial units, leased to a dynamic mix of modern tenants including a restaurant, salon, and retail businesses. Over 1,500 SF of private rear industrial-style space, currently utilized as an automotive warehouse - perfect for storage, light industrial, or additional rental income. Surrounded by thriving local businesses, this property benefits from high car counts and strong pedestrian flow, making it an ideal, income-generating investment in a prime, transit-oriented location. Property taxes for 2024 $82,804.
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1962

1962

Year Built

7,739

7,739

Sq.Ft.

Living Space

0.36

0.36

Acres

Lot Size

01

Exterior & Building

Stories

2

Air Conditioning

Central Air
01

Lot & Area

Status

Inactive

Living Area

7,739 Sq.Ft.

Total Area

7,739 Sq.Ft.

Lot Size

0.36 Acres

MLS® ID

12429305

Type

Commercial

Year Built

1962
01

Finance

Sales Price

$1,050,000

Real Estate Taxes

$82,805/yr

Zoning

RTAIL

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Jeremy Vitell

EM

Jeremy Vitell

Real Estate Agent | Team Lead The Vitell Group

475.164056

With over 45 years in La Grange Park, he knows the surrounding areas intimately and leverages this deep local knowledge to benefit every client.

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