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$315,000 -$35,000 (-10%) Price Reduced
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Property Description
This prime commercial property offers a rare opportunity for the savvy investor, featuring a spacious main-level storefront perfect for retail or business use, plus two fully leased apartments upstairs generating consistent rental income. Located in a high-visibility area near shopping, dining, and transportation, this mixed-use building provides both immediate cash flow and long-term appreciation potential. Whether you're expanding your portfolio or seeking a property with built-in income, this is a smart investment you won't want to miss.
Full Property Details
Full Property Details for 1004 S 5th Ave
General
- Price: $315,000
- Taxes: $16,813 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12438397
- Updated: 3/6/2026
- Added to Site: 197 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Maywood
- County: Cook
- Driving Directions: North or South on 1st Ave to Madison then to 5th Ave.
- Location Details: Chicago West
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1900
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,125
- Lot Dimensions: 29 x 125
Financial Considerations
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1900
- Tax Amount: $16,813
- Tax Year: 2023
Disclosures and Reports
- Property ID: 15141030080000
Listed by Extreme Realty LLC
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Schools
Schools serving 1004 S 5th Ave
School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Maywood, IL 311 Washington Boulevard, Maywood, IL 60153 | PK-5 | 0.3 mi |
Irving Middle School 805 South 17th Avenue, Maywood, IL 60153 | 6-8 | 0.7 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1004 S 5th Ave
Date
Details
Price
Change
Source
3/06/2026
Price Reduced
$315,000
-10%
MLS
8/21/2025
Listed
$350,000
118.75%
MLS
3/07/2009
Sold
$160,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1004 S 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,510
-23%
$35,999
—
2022
$20,175
—
$35,834
—
2021
$20,257
3%
$35,834
—
2020
$19,749
5%
$35,834
20%
2019
$18,812
3%
$29,775
—
2018
$18,302
3%
$29,775
—
2017
$17,686
-8%
$29,775
-4%
2016
$19,285
7%
$31,054
—
2015
$17,977
9%
$31,054
—
2014
$16,440
21%
$31,054
10%
2013
$13,622
-1%
$28,162
-5%
2012
$13,704
—
$29,665
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1004 S 5th Ave
1004 S 5th Avenue, Maywood, IL 60153 (MLS# 12438397) is a Commercial property. 1004 S 5th Avenue is currently listed for $315,000 and was received on August 21, 2025. Want to learn more about 1004 S 5th Avenue? Do you have questions about finding other Commercial real estate for sale in Maywood? You can browse all Maywood real estate or contact a Coldwell Banker agent to request more information.

