400 Lake Street Maywood, IL ^$ 649,000

400 Lake Street

^$ 649,000

Back to search

Recently Listed

400 Lake Street

Maywood, IL, 60153

^$ 649,000

Bedrooms-- Baths-- Sq 5,325

Monthly Estimate*

^$ 3,996

400 Lake Street, Maywood, IL 60153 - Image 1

Commercial Property for sale in Maywood, IL

for $649,000. This 5,325 square foot building was built in 1980 on a lot size of 0.307048.

Fantastic opportunity and priced to sell! This commercial property contains 4 units which are occupied by 2 businesses, a local taqueria and laundromat. Both businesses have been remodeled recently and have leases for 15 years (laundromat) and 10 years (taqueria). Located in a great area that gets lots of people and traffic. This is an amazing property to own and get passive income!

Commercial Active

Price

^$ 649,000

Property Type

Commercial

Taxes

^$ 39,878

Style

Retail

Lot Size

0.307048

Year Built

1980

Town/City

Maywood

County/Region

Cook

MLS | Web ID

12613721

Features

General

Cooling Central Individual

Possession Closing

Zoning COMMR

Year Built 1980

Electric Circuit Breakers Separate Meters

Tenant Pays Air Conditioning Electricity Heat Varies by Tenant

Stories Count 1

Tax Year 2024

Gross Income 107064

Business Type Retail

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 61317

Operating Expense 72828

Property Type Commercial Sale Retail/Stores

Status Active

Directions Lake St between 5th ave and River Rd in Maywood

City Maywood

Number Of Units Total 2

MLS Area Maywood

Lot Size Square Feet 13375

Tax Annual Amount 39878

Additional Parcels Y/N N

Leasable Area 5325

Standard Status Active

Cap Rate 6.4

Exterior

Building Area Total 5325

Lot Dimensions PER SURVEY

* Excluded Features

List By

Baird & Warner

Broker

gina.kim@bairdwarner.com

Affordability Calculator

$7,319

Per Month

Monthly Principal & Interest: $3,996
Monthly Property Taxes: $3,323
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Maywood, IL

Average List Price ^$365,311

Percent of Sale Price 44%

About Maywood, IL

23,964 Population

-11% Since 2002

^$44,858 Median Income

35.16 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/13/2026	$649,000		Listed Price

Map

More homes like this one

homes for you

See all

400 Lake Street, Maywood, IL, 60153 is a Commercial Property for sale at $649,000 with 5,325 sqft and a lot size of 0.307048. 400 Lake Street was built in 1980. The property's zip code is 60153 which is in Maywood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/19/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

400 Lake Street

Commercial Property for sale in Maywood, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home