307-309 W Lake Street
Maywood, IL, 60153
$255,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12061686 image #0
**FULLY LEASED STOREFRONTS! MULTIPLE INCOME STREAMS! EXTENSIVELY RENOVATED COMMERCIAL PROPERTY!** Excellent investment opportunity on Lake Street in Downtown Maywood offering great visibility, exposure and foot traffic, with Walgreens and McDonald’s nearby. Both storefronts are currently leased-one to an established barber shop 450 sq. ft.and the approximately 375 sq. ft. second space to a tattoo salon. Plus a vacant 925 sq. ft. garage offering the potential for additional rental income. ask me about tax reduction incentives! Extensive improvements include NEW 2×4 walls, insulation, drywall, electrical conduit and wiring, lighting fixtures, 3-meter bank/service entrance, copper water lines, plumbing fixtures, 20-gallon electric water heaters, windows, doors, high-efficiency furnaces, A/C and ductwork, and epoxy flooring. **Take advantage of a property where much of the major renovation work has already been completed and tenants are already in place.** Storefront utilities are individually metered for electric, gas and water. The garage has its own electric meter and can be secured separately from the 309 storefront, creating the potential to rent it independently. Gas is currently supplied to the garage through the 309 unit; if rented separately, an individual gas meter and line would need to be installed from the Nicor gas header. The garage also features a heater and insulated overhead door. Roof maintenance was completed recently, including minor repairs and sealing of the entire roof; photos are available. Additional exterior improvements include new garage peak siding, select new soffit, replacement of the west gutter and fascia repairs. **Two leased commercial spaces, potential for additional garage income and extensive improvements already completed-schedule your showing today and see the investment potential of this Lake Street property!**

Property Details

Price:
$255,000
MLS #:
MRD12061686
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
maywood
Listed Date:
Sep 8, 2026
Total Sq Ft:
1,675
MaywoodMaywood

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Tax Year
2025
Taxes
$11,571

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Market Summary

Current real estate data for Business in Maywood as of Oct 10, 2026
3
Business Listed
117
Avg DOM
$763,000
Avg List Price

Property Summary

    307-309 W Lake Street Maywood IL is a Business for sale in Maywood, IL, 60153. It is listed for $255,000

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