Commercial: MLS #12708317 Maywood, IL $ 584,000
Commercial: MLS #12708317
$ 584,000
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Commercial: MLS #12708317

Maywood, IL, 60153
$ 584,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,687

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Commercial Property for sale in Maywood, IL

for $584,000. This building was built in 1883 on a lot size of 0.113636.

Incredible Investment & Business Opportunity - Income-Producing Mixed-Use Property! Turn your entrepreneurial vision into reality while generating immediate rental income from this exceptional mixed-use building. Situated on a 39' x 125' lot, this property offers the perfect combination of a high-visibility commercial space and four fully occupied residential apartments-creating multiple streams of income from day one. The 3,600 sq. ft. double storefront on the main level is a blank canvas for your next venture. Whether you envision a restaurant, cafe, convenience store, grocery/food mart, retail showroom, medical office, gaming center, or another thriving business, this expansive space offers endless possibilities. Prefer a passive investment? Lease the storefront and generate an additional $3,600 per month in rental income. Upstairs, the second floor features four fully rented apartments, providing consistent cash flow: One spacious 3-bedroom unit currently rented for $1,400/month to a long-term tenant, with room for future rent increases. Two 2-bedroom units, each rented for $1,400/month. One studio apartment rented for $1,000/month. Tenants pay all utilities except water, helping keep operating expenses low and maximizing your return. The opportunities continue with a 3,600 sq. ft. full basement, ideal for storage, inventory, additional business operations, workshop space, or future value-added possibilities. This rare mixed-use property offers excellent cash flow, tremendous upside, and outstanding long-term investment potential.

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Commercial Active

Price

$ 584,000

Property Type

Commercial

Taxes

$ 17,748

Style

Lot Size

0.113636

Year Built

1883

Town/City

Maywood

County/Region

Cook

MLS | Web ID

12708317

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1883
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories Count 2
Township Proviso
Property Subtype Mixed Use
Tax Year 2024
Gross Income 62400
County Cook
Net Operating Income 62400
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Multi-Family Retail
Status New
Directions 5th ave just south of Lake Street on the east side
City Maywood
Number Of Units Total 5
MLS Area Maywood
Lot Size Square Feet 4950
Tax Annual Amount 17748
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 39X125
Frontage Type City Street
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* Excluded Features
List By
Core Realty & Investments Inc.

Broker

tessyc21@gmail.com;tessyvallikalam@yahoo.com

Email

Affordability Calculator

$5,166
Per Month
71%
29%
0%
Monthly Principal & Interest
$3,687
Monthly Property Taxes
$1,479
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
7/17/2026$584,000 Listed Price

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