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Property Description
Incredible Investment & Business Opportunity - Income-Producing Mixed-Use Property! Turn your entrepreneurial vision into reality while generating immediate rental income from this exceptional mixed-use building. Situated on a 39' x 125' lot, this property offers the perfect combination of a high-visibility commercial space and four fully occupied residential apartments-creating multiple streams of income from day one. The 3,600 sq. ft. double storefront on the main level is a blank canvas for your next venture. Whether you envision a restaurant, cafe, convenience store, grocery/food mart, retail showroom, medical office, gaming center, or another thriving business, this expansive space offers endless possibilities. Prefer a passive investment? Lease the storefront and generate an additional $3,600 per month in rental income. Upstairs, the second floor features four fully rented apartments, providing consistent cash flow: One spacious 3-bedroom unit currently rented for $1,400/month to a long-term tenant, with room for future rent increases. Two 2-bedroom units, each rented for $1,400/month. One studio apartment rented for $1,000/month. Tenants pay all utilities except water, helping keep operating expenses low and maximizing your return. The opportunities continue with a 3,600 sq. ft. full basement, ideal for storage, inventory, additional business operations, workshop space, or future value-added possibilities. This rare mixed-use property offers excellent cash flow, tremendous upside, and outstanding long-term investment potential.
Full Property Details
Full Property Details for MLS# 12708317
General
- Price: $584,000
- Taxes: $17,748 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12708317
- Updated: 7/17/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Maywood
- County: Cook
- Township: Proviso
- Driving Directions: 5th ave just south of Lake Street on the east side
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1883
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 4,950
- Lot Dimensions: 39 x 125
- Frontage: City Street
- Potential Use: Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Other
- Assessment Year: 1883
- Tax Amount: $17,748
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 15111360020000
Listed by Core Realty & Investments Inc.
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Schools
Schools serving MLS# 12708317
School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Maywood, IL 811 Chicago Avenue, Maywood, IL 60153 | PK-5 | 0.4 mi |
Stevenson Middle School 1630 North 20th Avenue, Melrose Park, IL 60160 | 6-8 | 1.4 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 0.7 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 MLS# 12708317
Date
Details
Price
Change
Source
7/17/2026
Listed
$584,000
—
MLS
Disclaimer: Historical sales 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 MLS# 12708317
MLS# 12708317, Maywood, IL 60153 (MLS# 12708317) is a Commercial property. MLS# 12708317 is currently listed for $584,000 and was received on July 17, 2026. Want to learn more about MLS# 12708317? 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.

