Contact us: 563.441.1776
Description
**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!**
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
General Information
County: Cook
Listed By:
RE/MAX Enterprises
630-964-3000
MRED MLS
MLS ID: 12061686
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Please Call For Address, Maywood, IL 60153.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $255,000 | $255,000 | $255,000 |
| Down Payment | $51,000 | $8,925 | $63,750 |
| Monthly Mortgage Amount | $1,289 | $1,583 | $1,601 |
| Taxes | $355 | $355 | $355 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $112 | $0 |
| Monthly Estimated Total | $1,744 | $2,150 | $2,056 |
Disclaimer:
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 consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/09/2026. The listing information on this page last changed on 09/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/09/2026 12:00:22 AM EST) or MRED MLS (last updated Tue 09/08/2026 11:58:02 PM EST) or SCWMLS (last updated Tue 09/08/2026 11:55:01 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 09/08/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Tue 09/08/2026 10:44:13 PM EST) or NEIRBR MLS (last updated Tue 09/08/2026 11:58:39 PM EST) or ICAAR MLS (last updated Tue 09/08/2026 11:37:27 PM EST) or ECIMLS (last updated Tue 09/08/2026 11:44:32 PM EST) or RMLSA (last updated Tue 09/08/2026 11:50:55 PM EST) or Muscatine MLS (last updated Tue 09/08/2026 11:45:09 PM EST) or No Coast MLS (last updated Tue 09/08/2026 11:54:19 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors 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. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
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