Commercial: MLS #12061686 Maywood, IL $ 255,000
Commercial: MLS #12061686
$ 255,000
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Commercial: MLS #12061686

Maywood, IL, 60153
$ 255,000
Bedrooms-- Baths-- Sq 1,675

Monthly Estimate*

$ 1,610

MLS #/Web ID: 12061686 - Image 1

Commercial Property for sale in Maywood, IL

for $255,000. This 1,675 square foot building was built on a lot size of 0.048646.

**FULLY LEASED STOREFRONTS! MULTIPLE INCOME STREAMS! EXTENSIVELY RENOVATED COMMERCIAL PROPERTY!** Excellent investment opportunity on Lake Street in Downtown Maywood offering great visibility, exposure and foot traffic, with Walgreens and McDonald's nearby. Both storefronts are currently leased-one to an established barber shop 450 sq. ft.and the approximately 375 sq. ft. second space to a tattoo salon. Plus a vacant 925 sq. ft. garage offering the potential for additional rental income. ask me about tax reduction incentives! Extensive improvements include NEW 2x4 walls, insulation, drywall, electrical conduit and wiring, lighting fixtures, 3-meter bank/service entrance, copper water lines, plumbing fixtures, 20-gallon electric water heaters, windows, doors, high-efficiency furnaces, A/C and ductwork, and epoxy flooring. **Take advantage of a property where much of the major renovation work has already been completed and tenants are already in place.** Storefront utilities are individually metered for electric, gas and water. The garage has its own electric meter and can be secured separately from the 309 storefront, creating the potential to rent it independently. Gas is currently supplied to the garage through the 309 unit; if rented separately, an individual gas meter and line would need to be installed from the Nicor gas header. The garage also features a heater and insulated overhead door. Roof maintenance was completed recently, including minor repairs and sealing of the entire roof; photos are available. Additional exterior improvements include new garage peak siding, select new soffit, replacement of the west gutter and fascia repairs. **Two leased commercial spaces, potential for additional garage income and extensive improvements already completed-schedule your showing today and see the investment potential of this Lake Street property!**

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Commercial Active

Price

$ 255,000

Property Type

Commercial

Taxes

$ 11,571

Style

Auto Service,Barber/Beauty,Retail

Lot Size

0.048646

Town/City

Maywood

County/Region

Cook

MLS | Web ID

12061686

Features
General
Cooling Central Air
Possession Immediate
Zoning COMMR
Tenant Pays Insurance Sewer All Utilities
Stories Count 1
Tax Year 2025
Current Use Commercial
Business Type Auto Service Barber/Beauty Retail
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial
Status New
Directions NORTH AVE THEN S ON 1ST AVE TO LAKE ST THEN JUST W TO 3RD
City Maywood
MLS Area Maywood
Lot Size Square Feet 2119
Tax Annual Amount 11571.14
Additional Parcels Y/N N
Lease Type Gross
Standard Status Active
Total Actual Rent 2300
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Exterior
Building Area Total 1675
Lot Dimensions 53X44
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* Excluded Features
List By
Re/Max Enterprises

Broker

sylvana464@gmail.com

Email

Affordability Calculator

$2,574
Per Month
63%
37%
0%
Monthly Principal & Interest
$1,610
Monthly Property Taxes
$964
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/8/2026$255,000 Listed Price

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