1306 S. 5th Ave.

Maywood, IL 60153

  • 3 Bed(s)
  • 1 Bath(s)
  • 0 Sqft
$169,900
24

Description

This is an unbelievable opportunity to own a spacious three thousand square foot business currently used as a machine shop, along with a large three bedroom apartment all for an exceptional price. The current long term owner has maintained the building very well, and has operated a successful business from the location for almost fifty years. Located in the town of Maywood with its recent redevelopment and many rehabs, this building boasts low taxes and overhead making it an excellent value today, and an outstanding investment for the future. The building is on a very busy street for maximum exposure and has plenty of parking available along with being close to expressways and shopping in a high traffic area. The ground level retail space has been a machine shop for over forty years. There are high ceilings and the flooring is specially reinforced to hold the weight that this type of business requires. There is hot water heat in the store/shop which is comfortable and efficient, and new plumbing has been installed both supply and drain to the second floor. There are separate electric meters to the shop/store, and the apartment and the buildings hot water heater and boiler have been replaced. There is a replacement roof over much of the building, and the current owner can give you all the details on the many other replacements and special features of the building. The machine shop equipment is all negotiable and includes a boring bar, variable grinding machine, variable seat grinder, and a cylinder head mill machine. There are also many of the accessories that the owner can discuss with you. The machine shop equipment and inventory are available for purchase. This open store/shop can have many uses depending on the wants and needs of the new owner. The accessibility from the rear with a large two car garage door gives the new owner all kinds of availability for usage and the ability to rent out any part of the space whether the complete area or just part of the store. Under the building is a full basement easily accessible from the store that can provide extra space for storage or business use, depending on whatever fits the new owners plan. The options for use make this store area truly an exceptional opportunity along with the many possibilities for income. Whether used as is or remodeled, this building is an outstanding value. Accessible from the hall way from the store is a spacious three bedroom apartment. This apartment has three bedrooms and one bath. One of the bedrooms is located off the hall of the unit and can be easily used as an office. The apartment has hardwood flooring and a full eat in kitchen with a nice size pantry. The two bedrooms are conveniently located off the hall area that has a full bathroom. There is an enclosed porch off the kitchen that can be used to fit your needs. All the appliances as shown are included as are all the lighting fixtures. This building is modestly priced and will allow the new owner to make any changes that are needed to meet his requirements. A large store/shop and a full apartment in the price range on a busy street with good parking and exposure are far and few between. Visit the virtual tour at www.buy owner.com and enter C H I 12716. Do not hesitate-this one is priced to sell and will go quickly so call the owner today for your private showing.

  • PROPERTY TYPE

    Commercial Property

  • County

    Cook

  • FULL BATHS

    1

  • YEAR BUILT

    --

  • LIVING AREA SIZE

    --

  • FLOORS

    --

  • GARAGE

    None

  • AD ID

    38732076
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Property Details

  • Property Features
    Features
    • Wood Floors
    Water Type
    • River
    Location
    • City
    • Business Equip
    • Estab. 49 Yrs.
    • Outstanding Value/Investment
    • Huge 3000 Square Foot
    • Two Car Garage
    • Low Taxes
    • High Ceilings
    • Many Uses
    • Wood Floors
    • Basement (Unfinished)
    • City Water
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BuyOwner last updated this listing 01/30/2025 @ 17:05

  • Property ID: CHI12716
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Contact Owner

630-852-3168

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