Maywood, IL 60153 400 Lake Street

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Presented By: Baird & Warner
  • MLS# 12018309
  • 04/11/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 5,325

Home Details

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!
Presented By: Baird & Warner

Interior Features for 400 Lake Street

Other Interior Features

Street SuffixStreet

General for 400 Lake Street

Additional Parcels Y/NNo
CityMaywood
CoolingCentral Individual
CountyCook
Days on Market132
DirectionsLake St between 5th ave and River Rd in Maywood
ElectricCircuit Breakers, Separate Meters
Gross Income102960
Leasable Area5325
Lot Size Square Feet13375
MLS AreaMaywood
Net Operating Income54129
NumberOfUnitsTotal2
Operating Expense72828
PossessionClosing
Property SubTypeShopping Center, Strip Center
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount42762
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat, Varies by Tenant
Virtual TourClick here
Year Built1980
ZoningCOMMR

Exterior for 400 Lake Street

Building Area Total5325
Lot DimensionsPER SURVEY

Additional Details

Price History

Worth Clark

Price $649,000
MLS#12018309
List Date 04/11/2024
Property Type Commercial
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