IL
Cook
Maywood
60153
421 LAKE Street
421 LAKE Street, Maywood, IL 60153
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Listing Type
Commercial/Industrial
Listing Status
Active
43
$1,050,000

Home Details for 421 LAKE Street

Price
$1,050,000
Type
Commercial Sale
Year built
1962
County
Cook
MLS Listing#
12690366
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.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Better Homes & Gardens Real Estate Connections - 630-789-3030
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-07-02 23:20:38. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-07-02 23:20:38
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505 S. La Grange Rd, La Grange, IL 60525
Office
708 859 0650
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