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Active - Other for sale

Maywood, IL

Facts & features

Other Property type
2,119 sqft Lot size

Why you’ll love it

  • Renovated
  • Heated garage
  • New windows
  • New electrical
  • New plumbing

**FULLY LEASED STOREFRONTS! MULTIPLE INCOME STREAMS! EXTENSIVELY RENOVATED COMMERCIAL PROPERTY!** Excellent investment opportunity on Lake Street in Downtown Maywood offering great visibility, exposure and foot traffic, with Walgreens and McDonald's nearby. Both storefronts are currently leased-one to an established barber shop 450 sq. ft.and the approximately 375 sq. ft. second space to a tattoo salon. Plus a vacant 925 sq. ft. garage offering the potential for additional rental income. ask me about tax reduction incentives! Extensive improvements include NEW 2x4 walls, insulation, drywall, electrical conduit and wiring, lighting fixtures, 3-meter bank/service entrance, copper water lines, plumbing fixtures, 20-gallon electric water heaters, windows, doors, high-efficiency furnaces, A/C and ductwork, and epoxy flooring. **Take advantage of a property where much of the major renovation work has already been completed and tenants are already in place.** Storefront utilities are individually metered for electric, gas and water. The garage has its own electric meter and can be secured separately from the 309 storefront, creating the potential to rent it independently. Gas is currently supplied to the garage through the 309 unit; if rented separately, an individual gas meter and line would need to be installed from the Nicor gas header. The garage also features a heater and insulated overhead door. Roof maintenance was completed recently, including minor repairs and sealing of the entire roof; photos are available. Additional exterior improvements include new garage peak siding, select new soffit, replacement of the west gutter and fascia repairs. **Two leased commercial spaces, potential for additional garage income and extensive improvements already completed-schedule your showing today and see the investment potential of this Lake Street property!**

Translating description...

Listings courtesy of RE/MAX Enterprises as distributed by MLS GRID.

Listed by: Sylvana Menolascino • RE/MAX Enterprises

Co-listed by: RE/MAX Enterprises

Source: MRED as distributed by MLS GRID, MLS#: 12061686 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 1:28 PM EST.

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Affordability

$165,000$345,000
1%20%
0%90%
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Estimated monthly payment

$2,254/mo

  • Mortgage$1,289
  • Property tax$964
  • HOA fee
  • Homeowners insurance
Due at closing$202,725
Down payment held in escrow$51,000
Closing costs$3,825
beycome credit Est.$5,100

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Maywood

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

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Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:28pm EST. 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.

$255,000 Listed price

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$5,100 Credit back

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