Corner Downtown Maywood location building with approx. 9,686 sq ft. with 4,800 sq. ft. of open concept storefronts between 2 storefront addresses. Currently, the storefront is being used as an appliance store. Property features a basement with 10-ft ceilings. At the rear of the first level, there is a small church group as a tenant. 2nd level features 8 apartments. Most units are in need of updating and repairs. Annual gross market rental income could be $141,080 with all units rented at market rent. As-is, the cap rate would be 9.43%. The sky really is the limit and is very attractive for any investor wanting to make a great return. Township parking and Metra station across the street. Building next door - 8 N 5th Ave - also for sale boasts 7,620 sq. ft.
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Listing History
08-05-2019
Listed at $290,000
07-18-2020
Status changed to Expired
Last Modified 4/13/22 12:16 PM
Nearby Transportation
Union Pacific West
0.1 mi
I 290 West
1.2 mi
I 290 East
1.3 mi
I 88 East
2.6 mi
I 294 North
4.2 mi
Hwy 20 West
4.2 mi
I 294 South
4.8 mi
For More Information
(312) 528-9200
For more information about 2 N 5th, Maywood, IL 60153 contact Corcoran Urban Real Estate.
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Listing provided by Coldwell Banker Realty
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