Corcoran Urban Real Estate
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4 Properties Within 0.5 miles of: 4525 95th, Oak Lawn

4525 95th
Oak Lawn, IL 60453

Price

$1,349,000

Est Payment
$9,021 / month (details)  
Taxes
$20,609  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
101X81  
Neighborhood
Oak Lawn  
MLS
#11946462
Status
Active (126 days)

Property Description

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

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-22-2023 Listed at $1,544,000
01-19-2024 Status changed to Under Contract
01-30-2024 Status changed to Active
02-05-2024 Price decreased by $50,500 to $1,493,500
02-23-2024 Price decreased by $53,500 to $1,440,000
03-03-2024 Price decreased by $41,000 to $1,399,000
04-16-2024 Price decreased by $50,000 to $1,349,000
Last Modified 4/22/24 12:05 AM

Nearby Transportation

  • Bus 53A 0.7 mi
  • Bus 103 0.9 mi
  • Bus 87 1.0 mi
  • Southwest Service 0.7 mi
  • I 294 South 3.6 mi
  • I 294 North 3.6 mi
  • Hwy 57 4.2 mi
  • Hwy 57 4.3 mi
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