307-309 W Lake Street, Maywood, IL 60153

Other
NZD $450,212
USD $255,000
Published on: 09 Sep 2026
Last updated on: 15 Sep 2026
307-309 W Lake Street, Maywood, IL 60153
  • 1
Property ID: 110110057825
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Business Opportunity, Maywood, IL

307-309 W Lake Street, Maywood, IL 60153
**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 2x4 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

Basic Info

Property Type
Other
Listing Status
Active
Land Size
196.68 m2
Num Floors
1
County
Cook
Parcel ID
15111290120000
Provider
Midwest Real Estate Data, LLC
Brokerage Office Name
RE/MAX Enterprises
Brokerage Office Phone
(630) 964-3000
Neighbourhoods
Maywood
Address
307-309 W Lake Street, Maywood, IL 60153

Tax History

YearTax amount
2025USD $11571NZD $20,429*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Sylvana Menolascino
RE/MAX Enterprises
1200 Iroquis Ave , Naperville, IL 60563
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Sylvana Menolascino
1200 Iroquis Ave , Naperville, IL 60563
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      Property ID: 110110057825

      Original Property ID: 3yd-MREDIL-12061686
      Data provided by Midwest Real Estate Data, LLC, MLS #: 12061686
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.