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400 W Lake Street

Maywood, IL 60153
  • $649,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 11717632
UPDATED: 61 min ago
$649,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

A great opportunity to earn passive income! This 4 unit building is occupied by 2 businesses, two units are occupied by a local taqueria and two units are occupied by a laundromat. Both businesses were recently remodeled and have leases for 13 years (laundromat) and 8 years (taqueria).

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T09:59:56.19 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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400 W Lake Street Maywood, IL 60153

  • Price: $649,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 61 min ago
  • MLS #: 11717632
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Maywood
County:
Cook
Area:
Maywood
Property Description
A great opportunity to earn passive income! This 4 unit building is occupied by 2 businesses, two units are occupied by a local taqueria and two units are occupied by a laundromat. Both businesses were recently remodeled and have leases for 13 years (laundromat) and 8 years (taqueria).
Exterior Features

Parking Total 21

Interior Features

Cooling Central Individual Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 5325 Electric Circuit BreakersSeparate Meters Fire Protection Fire Extinguisher/S Gross Income 102180 Leasable Area 5325 Mls Actual Status Active Net Operating Income 44790 Number Of Tenants 2 Operating Expense 49738 Property Offered For Sale Only Tax Annual Amount 42935 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatVaries By Tenant Total Monthly Income 8515 Type Retail/Stores Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 847-724-1855.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T09:59:56.19 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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