O'Neil Property Group
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$1,050,000
89 Days On Site

421 LAKE Street
Maywood, IL 60153

For Sale|Business|Active
0
Beds
0
Total Baths
7,739
SqFt
$136
/SqFt
1962
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Better Homes & Gardens Real Estate Connections
421 LAKE Street421 LAKE Street421 LAKE Street421 LAKE Street
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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.

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Listing Snapshot
Price 
$1,050,000
Days On Site 
89 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,739 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1962
MLS® Number 
12690366
Status 
Active
Property Tax 
$82,804.74
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Property Sub Type 
Business
SqFt Total 
7739
Zoning 
RTAIL
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Community Features
MLS Area 
Maywood
Listing Courtesy of MRED as distributed by MLS Grid of Better Homes & Gardens Real Estate Connections



Based on information submitted to the MLS GRID as of 2026-09-25 08:32 PM UTC. 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.
Last checked: 2026-09-25 08:32 PM UTC
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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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