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$500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 3 days ago

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Exceptional investment opportunity with owner-occupant potential! This well-maintained 4-unit property features spacious 2 bedroom, 1 bathroom units and offers the rare advantage of one unit being delivered vacant at closing - perfect for an owner occupant or for maximizing rental income at current market rates. Property highlights include a newer roof, two newer water heaters, and ample off-street parking with 8 dedicated spaces. With strong upside potential through rent increases to market value, this asset is ideal for both seasoned investors and buyers looking to live in one unit while generating income from the others. This property is being sold as-is.

Full Property Details for 621 Lake St

General

  • Price: $500,000
  • Taxes: $16,346 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12657689
  • Updated: 6/8/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 8
  • Parking Features: Assigned, Off-Street, Driveway, Yes, Owned

Location

  • Area: Maywood
  • County: Cook
  • Township: Proviso
  • Driving Directions: Corner of 7th ave and Lake ave.

School Information

  • School District: 89
  • Elem School District: 89
  • Midd School District: 89
  • High School District: 209

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Year Built: 1965
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 4440
  • Lot Features: Corner Lot

Financial Considerations

  • Assessment Year: 1965
  • Tax Amount: $16,346.35
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 15111180090000

Listed by Keller Williams ONEChicago

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— 621 Lake St —

  • Keller Williams ONEChicago

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 621 Lake St

School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
NameGradesDistance
Lincoln Elementary School, Maywood, IL
811 Chicago Avenue, Maywood, IL 60153
PK-50.3 mi
Stevenson Middle School
1630 North 20th Avenue, Melrose Park, IL 60160
6-81.3 mi
Proviso East High School
807 South 1st Avenue, Maywood, IL 60153
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 621 Lake St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Listed
$500,000
73.01%
MLS
2/11/2020
Sold
$289,000
—
Public Record
Get Price Alerts and Save Property
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 for 621 Lake St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,080
-4%
$35,000
25%
2022
$15,732
—
$27,942
—
2021
$15,795
15%
$27,942
—
2020
$13,690
-6%
$27,942
5%
2019
$14,619
3%
$26,567
—
2018
$14,218
3%
$26,567
—
2017
$13,776
9%
$26,567
17%
2016
$12,600
8%
$22,786
—
2015
$11,672
9%
$22,786
—
2014
$10,703
1%
$22,786
-7%
2013
$10,560
4%
$24,460
—
2012
$10,147
—
$24,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams ONEChicago

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621 Lake Street, Maywood, IL 60153 (MLS# 12657689) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 621 Lake Street is currently listed for $500,000 and was received on June 08, 2026. Want to learn more about 621 Lake Street? Do you have questions about finding other Multi-Family real estate for sale in Maywood? You can browse all Maywood real estate or contact a Coldwell Banker agent to request more information.

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