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Maywood, IL 60153 Commercial - Retail Active

  • Please Call For Address, Maywood, IL 60153 Main Photo

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Description

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.

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1883

General Information

County: Cook
Listed By:
Core Realty & Investments Inc. 224-235-4336
MRED MLS
$584,000
Est. $3,898/mo
Active
MLS#12708317
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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Please Call For Address, Maywood, IL 60153.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $584,000$584,000$584,000
Down Payment $116,800$20,440$146,000
Monthly Mortgage Amount $2,915$3,531$3,637
Taxes $813$813$813
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$257$0
Monthly Estimated Total $3,898$4,771$4,620

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