Exceptional mixed-use investment opportunity featuring a two-unit residential building (both units currently leased, one is a 2 bed 1 bath and the other is a 3 bed 1 bath) plus an automotive/body shop! Extensively renovated from the studs between 2022-2023, this property was improved for long-term ownership with a significant investment throughout. Renovations include new framing, drywall, electrical, plumbing, HVAC systems, furnaces, A/C units, tankless water heaters, electrical panels, hardwood flooring, windows, doors, siding, roof, balcony, concrete and additional exterior improvements. Additional attic storage provides even more usable space. The automotive/body shop was also extensively renovated in 2022-2023 and features updated HVAC, plumbing and electrical including new electrical panel, bathroom, kitchenette/storage area, front desk/reception area and security system. Valuable shop equipment is included with the sale, including the automotive frame rack/frame straightening system and Clean Shop automotive paint/prep filtration station, offering a great opportunity for an owner-operator or investor. A unique opportunity to acquire a substantially improved mixed-use property offering both residential income potential and commercial automotive space. Don't miss the opportunity to own this versatile income-producing investment. Schedule your private showing today!
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.
Excellent opportunity to own a mixed-use property with outstanding income potential! The first floor offers the perfect space to operate your own business while generating rental income from four apartments on the upper level. The apartments were remodeled in 2008, and each tenant pays their own gas and electric utilities. This property also includes an adjacent parking lot, providing added convenience for customers and tenants alike. Ideally located near major expressways, the Edward Hines Jr. VA Hospital and Loyola University Medical Center, this location offers exceptional visibility and accessibility. Endless possibilities await-open a banquet hall, convenience store, retail business, office, or bring your own vision to life. This is an ideal opportunity for an owner-operator looking to build equity while benefiting from rental income. Please check with the village regarding ordinance for usage of the store. Property is being sold AS IS. Please note: Owners of the corporation are licensed Real Estate Brokers in the State of Illinois.
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.
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.
You found an amazing opportunity to open a business on the 1st floor and collect the rents from 4 apartments upstairs. Lot is 39x125.First floor double store front(3600 Sq. ft) business is open for your dream ideas as a restaurant, convenience store, food mart, etc. The 2nd floor has 4 apartment units: Fully rented. One unit has 3 BRs- tenant pays $1400 - long term tenant, Rent can be increased. Other 2 has 2 BRS - tenant pays $1400/month/each unit and one studio unit, tenant pays $1000/ month. Tenant pays all utilities except water. A 3600 Sq. ft basement is waiting for your ideas too. Additional $3600/month for leasing the store front. Property to be sold in As-Is condition, Proof of funds/ loan preapproval are required with offer. Village violation is the responsibility of the buyer (if any). Exclude cooler and shelves inside store.
New commercial building for sale. Currently used for office space but a great location for accessibility and visibility. Everything is new with proper permits.
Fantastic opportunity and priced to sell! This commercial property contains 4 units which are occupied by 2 businesses, a local taqueria and laundromat. Both businesses have been remodeled recently and have leases for 15 years (laundromat) and 10 years (taqueria). Located in a great area that gets lots of people and traffic. This is an amazing property to own and get passive income!
INVESTOR SPECIAL! This old italian-style mansion has been repurposed into a 5-unit building. A great opportunity to become a landlord, there is no HOA. This lot is big and spacious, there is also a seperate smaller building, a guest coach house, perfect for holding supplies and other maintenance needs. Big courtyard that can be great for parking, fits 10+ cars. Building is prepped for a basic rehab and amazing potential for income. Multi-unit building is fitted with meters. Brand ew furnace just installed. Utilities work in the units, building need a cosmetic rehab and some TLC to bring to full value. Building is easy to show, contact the listing agent today.
Price Drop Hurry and see the space, Step into your dream business with this beautifully updated and city-approved storefront, ready to bring your vision to life. (Rental price $2,1000. per month) Located in the heart of Maywood, this versatile space offers the perfect setting for a chic salon, studio, or other small business. The interior has been fully modernized, blending style and functionality to create an inviting atmosphere that's sure to impress your clients. With a clean bill of health from city inspections, you can hit the ground running without any delays. The open floor plan allows for easy customization, making it simple to tailor the space to suit your specific needs. Situated in a high-traffic area with excellent visibility, this location provides a steady flow of potential customers. Nearby parking ensures convenience for your clients, adding to the appeal of this incredible opportunity. Whether you're starting fresh or expanding your current venture, this move-in-ready space is the ideal canvas for your next chapter. Don't let this chance to make your mark in Maywood pass you by!
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
The address is 615 S. 5th Ave. 3 Contiguous Lots. 22k S.F. Structure on 61k+ S.F. lot! 200' of frontage on 5th Ave. This site was previously a grocery store and in fact the old Maywood Market still has operating refrig equipment inside. Ample parking on paved lots at west and north parcels of existing structure. Located at busy intersection of Washington Blvd and 5th Ave in Central Maywood. New residential development just broke ground across the street and one block south. When completed, this new development will be a 5 story building with 4500 s.f. of retail on the ground level and 68 residential units in the 4 floors above it.

Maywood is located in Illinois. Maywood, Illinois has a population of 23,547. Maywood is less family-centric than the surrounding county with 23.82% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Maywood, Illinois is $58,764. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Maywood is 39.9 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 38.9 inches per year, with 34 inches of snow per year.