409 Lake Street, Maywood, IL 60153
409 Lake Street, Maywood, IL 60153
409 Lake Street, Maywood, IL 60153
409 Lake Street, Maywood, IL 60153
409 Lake Street, Maywood, IL 60153
409 Lake Street, Maywood, IL 60153
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Phil Smith

Phil Smith

+1(832) 995-8403
Listed by Michael Levinof @properties Commercial
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Est. payment | /mo

2,000 SqFt

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Est. payment | /mo
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2,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

MLS Listing ID 11838497

Year Built 1960

Annual Tax Amount $12,197

Tax Year 2022

Lot Dimensions 137.62 X 88.51 X 139.11 X 47.41

Property Sub-Type Mixed Use

Property Description

401 - 409 Lake Street, Commercial mixed-use building with great masonry in Maywood. (Good little money maker here.) Building is Approx 2,000 SQ FT, Land is 9,012.90 SQ FT. The property includes a 3-story commercial mixed-use building, a parking lot, a small 600 SQ FT (Approx) brick commercial building and plenty of additional land for potential commercial development. Features a first-floor retail showroom that is currently built out as a tire repair shop and two residential units. Paved side and rear-drive loading area and parking for about 20-plus cars. The tire shop pays $1,000 a month and has a 10-year lease, the 2nd floor apt is a 2 bed 1 bath with a lease that started on Sept 1,2022 and pays $1,150 per month. The 3rd-floor 1 bed 1 bath tenant pays $850 a month. Zoning is C-2 Pedestrian-Oriented Commercial, walking distance to the Maywood Metra stop and close to area expressways. This great property provides the perfect opportunity for an Investor, Developer or end user to acquire a boutique mixed-use building and more, right in the heart of the vibrant Maywood shopping district neighborhood. 9,400 Vehicles pass this location a day (VPD), and it is just east of the bustling Intersection of 5th and Lake street. This is an atypical chance to purchase a truly remarkable underutilized property with tremendous upside in rental potential or development. Area retailers and restaurants include - Walgreens, Taqueria El Duranguito, Maywood Express, Legends Grill and Music venue, Panaderia Puebla. Ownership will listen to all reasonable offers, do not bother tenant. Please call listing agent for a showing PIN NUMBERS - 15111250160000 - 15111250150000 - 15111250140000 15111250130000

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Wall Sleeve, Window Unit(s)

Flooring Carpet, Tile, Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Water Community Water, Municipal Water

Structure Type Brick

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.

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409 Lake Street

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