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421 LAKE Street
Maywood IL 60153 US

$1,250,000

Active Listing ID 12429305
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$1,250,000

Active Listing ID 12429305
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421 LAKE Street 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 have been appealed and won but have not been updated by cook county. New taxes reflected may be around $77, 000.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 421 LAKE Street
  • postalcity: Maywood
  • stateorprovince: IL
  • country: US
  • postalcode: 60153
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 7739
  • livingareaunits: Square Feet
  • listagentfullname: Noemi Trujillo
  • listagentemail: noemitrujillo@gmail.com
  • listagentkey: 3yd-MREDIL-263643
  • listagentmlsid: 263643
  • listagentpreferredphone: 7082956619
  • listagentofficephone: 6307893030
  • listofficekey: 3yd-MREDIL-28760
  • listagentstatelicense: 475199556
  • listofficemlsid: 28760
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1962
  • listingcontractdate: 2025-07-24
  • listagenturl: https://BHGConnections.com
  • countyorparish: Cook
  • parcelnumber: 15111250050000
  • cooling: Central Air
  • numberofunitstotal: 16
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Better Homes and Gardens Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Better Homes and Gardens Real Estate Connections", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"noemitrujillo@gmail.com", "ListBrokerageCity":"Hinsdale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Jennifer.valentino25@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Better Homes and Gardens Real Estate Connections", "ListBrokeragePhone":"(708) 295-6619", "ListBrokeragePostalCode":"60521", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"108 S Washington St", "ListBrokerageWebsiteUrl":"https://BHGConnections.com", "ListOfficeAddress1":"108 S. Washington", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Hinsdale", "ListOfficeCountry":"US", "ListOfficeEmail":"Jennifer.valentino25@gmail.com", "ListOfficePostalCode":"60521", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Restaurant - Maywood, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12429305/?channel=rexren", "MLSModificationTimestamp":"2025-07-30T17:56:02Z", "Neighborhoods":[{"Description":null, "Name":"Maywood"}], "PostalCode":null, "RawPropertySubType":"Restaurant", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":101000, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/31/2025 12:35:33 AM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Noemi Trujillo, Better Homes & Gardens Real Estate Connections, noemitrujillo@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.