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6 Beds 3 Baths 11885734 MLS ACTIVE Status
2-flat investment property with a 3rd unit in the basement offers a unique opportunity for homeowners and investors seeking additional rental income or a space for extended family members. This type of property provides flexibility and potential financial benefits, making it an attractive option in the real estate market. The primary advantage of a 2-flat investment property with a basement unit is the potential for multiple streams of rental income. The two main units of the property, located on the first and second floors, can be rented out to tenants, generating consistent cash flow. This rental income can help cover mortgage payments, property taxes, insurance, and other expenses associated with the property. Additionally, the basement unit, also known as an in-law suite, can serve as a separate living space for extended family members or be rented out to generate additional income. This third unit can be an asset when seeking tenants, as it offers a more affordable option compared to the larger units on the upper floors. The presence of an in-law suite can be appealing to potential renters who may be looking for a more affordable housing solution or a space for a small family From a long-term investment perspective, this type of property offers the potential for equity growth and appreciation. As the property value increases over time, the homeowner or investor can benefit from capital appreciation. Additionally, owning a multi-unit property diversifies the investment portfolio, spreading the risk across multiple units and potentially providing more stability compared to a single-family home investment. This 2-flat investment property with a 3rd unit in the basement offers a range of opportunities for homeowners and investors alike. The potential for multiple streams of rental income, the flexibility of an in-law suite, and the potential for long-term appreciation make this type of property an attractive investment option.

2028 S 3Rd Avenue, Maywood

2 Beds 2 Baths 11880635 MLS ACTIVE Status
Welcome to this charming single-family home in Maywood! This beautifully remodeled property boasts two bedrooms and has undergone significant upgrades to provide a modern and comfortable living experience. Upon entering, you'll be greeted by the sight of new walls that give the home a fresh and inviting atmosphere with decorative fireplace. The refinished hardwood floors in living room and formal dining room add a touch of elegance to the space. The home features brand new bathrooms, designed with contemporary fixtures and finishes. The updated kitchen is complete with a stunning quartz countertop, complemented by a stylish backsplash. The white cabinets offer ample storage, and the stainless steel appliances add a touch of sophistication. The ceramic flooring in the kitchen area is not only practical but also adds a modern touch. Several new windows have been added, allowing natural light to flood the interior, creating a bright and cheerful ambiance. The finished basement provides additional living space and includes two extra rooms that can be utilized as bedrooms, home offices, or recreational areas. Additionally, there's a full bathroom in the basement, making it a functional and versatile area for your needs. New plumbing and an updated electrical panel, ensuring safety and efficiency. A new sump pump and catch basin have been installed to help keep the basement dry and protected from water damage. One of the standout features of this home is the finished heated porch, which provides a cozy and comfortable space that can be used as an office or a peaceful reading nook. New back porch concrete stairs, Two-car garage, offering ample parking and storage space for your vehicles and belongings plus carport. Don't miss this opportunity to make this delightful home yours and enjoy the modern comforts it has to offer!

611 S 18Th Avenue, Maywood

11838497 MLS ACTIVE Status
401 - 409 Lake Street, Commercial mixed-use building with great masonry in Maywood. (Good little money maker here.) Building is Approx 2,000 SQ FT, Land is 9,012.90 SQ FT. The property includes a 3-story commercial mixed-use building, a parking lot, a small 600 SQ FT (Approx) brick commercial building and plenty of additional land for potential commercial development. Features a first-floor retail showroom that is currently built out as a tire repair shop and two residential units. Paved side and rear-drive loading area and parking for about 20-plus cars. The tire shop pays $1,000 a month and has a 10-year lease, the 2nd floor apt is a 2 bed 1 bath with a lease that started on Sept 1,2022 and pays $1,150 per month. The 3rd-floor 1 bed 1 bath tenant pays $850 a month. Zoning is C-2 Pedestrian-Oriented Commercial, walking distance to the Maywood Metra stop and close to area expressways. This great property provides the perfect opportunity for an Investor, Developer or end user to acquire a boutique mixed-use building and more, right in the heart of the vibrant Maywood shopping district neighborhood. 9,400 Vehicles pass this location a day (VPD), and it is just east of the bustling Intersection of 5th and Lake street. This is an atypical chance to purchase a truly remarkable underutilized property with tremendous upside in rental potential or development. Area retailers and restaurants include - Walgreens, Taqueria El Duranguito, Maywood Express, Legends Grill and Music venue, Panaderia Puebla. Ownership will listen to all reasonable offers, do not bother tenant. Please call listing agent for a showing PIN NUMBERS - 15111250160000 - 15111250150000 - 15111250140000 15111250130000

409 Lake Street, Maywood

3 Beds 2 Baths 11819757 MLS ACTIVE Status
BIG Beautiful Solid Brick Bungalow - Prime location elementary school ALMOST in your Back Yard! Room for Everyone Here in this Spacious 3 bdrm ,1.5 Bath that has been Meticulously maintained . Over sized Bonus Room upstairs, COULD easily be used as 4th BdRm ! ~ All the elegance of Yesteryear & Today's modern Upgrades. Original Stained glass windows accent this lovely Living Rm complete w/ Brick Fireplace /built in cabinetry & custom blinds. HDWD floors w custom inlaid design . Separate Dining Rm w/HDWD Floors. Modern Updated kitchen with custom beveled counter top, New Flooring & C/T Back-Splash~ NEWER SS APPLIANCE Package ! Primary Bdrm on 1st level w/ Tandem room.., PERFECT SZ HM Off. for working remote or nursery or Zoom Room. Nice 2nd bedroom on 1st floor . Upstairs has 2 more Rooms -1 -XL BONUS Rm 18x12 w 2 B/I dressers& closet - Could easily be used for Additional BDRM - 3RD BDRM &.Unfinished attic area- great for storage needs !**All this space PLUS a FULLY Finished Basement with outside access . Freshly pained & recently updated LL - Family room area is 32x21- new flooring ,can lights & updated 1/2 bath . What a great Teen Area or theater/gaming room, exercise room ..endless possibilities ! Wait..there is more- 21x10 LL Laundry Rm area where there is roughed- in electric/plumbing for 2nd kitchen! Ideal Space for Extended Family. Fenced yard - 2 Car Garage , Car port area can be used for parking or back yard entertaining patio . This home has Many beautiful details and craftsmanship -Oversized 5" Base- boards, Crown Molding Trim w/accent pieces, Solid Wood Panel Doors & Antique Glass Door knobs, high ceilings on 1st Floor & Ceiling Fans in Most rooms , This is a GREAT Home for one Lucky Buyer - Minutes to highways, shopping, hospitals & school! 1st time on the market in many years . Home is clean , well maintained & MOVE-IN READY . Home has Security Camera inside & out Home is being sold AS-IS

1401 S 10Th Avenue, Maywood

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