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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 500,000

Est. payment -/mo

Save

New

621 Lake ST Maywood, IL 60153

7 Beds

4 Baths

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12657689

Bedrooms 7

Year Built 1965

Annual Tax Amount $16,346

Tax Year 2024

Lot Size 4,356 Sqft

Lot Dimensions 4440

Property Sub-Type Two to Four Units

Property Description

Exceptional investment opportunity with owner-occupant potential! This well-maintained 4-unit property features spacious 2 bedroom, 1 bathroom units and offers the rare advantage of one unit being delivered vacant at closing - perfect for an owner occupant or for maximizing rental income at current market rates. Property highlights include a newer roof, two newer water heaters, and ample off-street parking with 8 dedicated spaces. With strong upside potential through rent increases to market value, this asset is ideal for both seasoned investors and buyers looking to live in one unit while generating income from the others. This property is being sold as-is.

Location

State IL

County Cook

Area Maywood

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 89 , 89, 209

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Kayla Mychalczuk of Keller Williams ONEChicago

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

My Recent Experience with an Unauthorised Land Seller About 6 months ago, I received an email from (let's call him) Charlie. A "nothing out of the ordinary" email from a common (and mildly validating) charlie.....@hotmail stating: "I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell the lot. If you could please provide me with a market valuation, that would be great. We are looking to make a quick decision on this. Thank you, Charlie"

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005, USA