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    400 Lake Street

    Maywood, IL 60153
    • $699,000
    • STATUS: Active
    • ON SITE: 115 days
    • MLS #: 10967734
    UPDATED: 21 min ago
    $699,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,325
      SQFT
    • $131
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic opportunity to buy a stabilized retail center close to transportation and surrounded by rooftops. This easy to run, 2 unit strip center has a new Laundromat tenant that has just renovated the entire operation, and the restaurant tenant completed their renovations mid-2020. Nothing to do here but collect the rents!

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    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T21:52:21.71 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 Lake Street Maywood, IL 60153

    • Price: $699,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 10967734
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    5,325
    SQFT
    $131
    $/SQFT
    1980
    Built
    Neighborhood:
    Maywood
    County:
    Cook
    Area:
    Maywood
    Property Description
    Fantastic opportunity to buy a stabilized retail center close to transportation and surrounded by rooftops. This easy to run, 2 unit strip center has a new Laundromat tenant that has just renovated the entire operation, and the restaurant tenant completed their renovations mid-2020. Nothing to do here but collect the rents!
    Exterior Features

    Number Of Drive In Doors 0 Number Of TLDocks 0 Parking Total 21

    Interior Features

    Cooling Central Individual Electric Circuit BreakersSeparate Meters Fire Protection Fire Extinguisher/S Heat Ventilation Forced AirGas Leasable Area 5325

    Property Features

    Additional Parcels YN No Cap Rate 6.4 Expense Year 2020 Gross Income 99468 Known Encumbrances None Known Lot Size Dimensions Per Survey Min Avail Sq Ft Rentable 5325 Net Operating Income Year 2021 Number Of Tenants 2 Operating Expense 54677 Property Offered For Sale Only Tax Annual Amount 46139 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatVaries By Tenant Total Monthly Income 8289 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Jason Naegele.


    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T21:52:21.71 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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