Courtesy: Concentric Realty, Inc

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4525 95th Street, Oak Lawn IL, 60453

(Active)

$1,349,000

MLS# 11946462

Last Updated: 5/7/2024 9:15 AM

Description for 4525 95th Street Oak Lawn, IL 60453

Seize the chance to own a prestigious all-brick 16-unit building in Oak lawn, featuring 16 spacious studios and boasting significant upgrades. Recent enhancements include a newer driveway, updated 220 Amp electrical system, hot water tanks replaced in 2017, and a modern boiler. This property presents a compelling value-add opportunity with rents currently below market rates. Leveraging its prime location, consider marketing units on Airbnb for additional income. Unlock even greater potential by acquiring both the nine-unit MLS #11944298 and this 16-unit buildings together. Utilize agency debt to enhance interest in cash flow and amplify the overall profitability of this strategic investment. Don't miss out on this unique opportunity to own and optimize these prime properties in Oak lawn. Broker Owned

Price

Price: $1,349,000

County: Cook

MLS#: 11946462

Status: Active

Description

Listing Information

Property Type: Multi-Family, Business Opportunities, 2 Story
Stories: 2

Town/Range/Sec:Worth//

Units: 16 Total

Neighborhood

Room Information

Exterior / Lot Features

Lot Dimensions:101X81

Driving Directions

95th St and Kolmar are the intersections

Financial Considerations

Tax/Property ID: 24101020010000

Tax Amount: $20,609

Listing Price History

Oak Lawn Real Estate

Oak Lawn is located in Illinois. Oak Lawn, Illinois 60453 has a population of 55,857.

The median household income in Oak Lawn, Illinois 60453 is $67,356. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Oak Lawn 60453 is 38 years.

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Courtesy: Concentric Realty, Inc

This content last refreshed on 5/7/2024 9:15 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Information is deemed reliable but is not guaranteed.

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