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11 Properties Within 0.5 miles of: 9522 S 53rd, Oak Lawn
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9522 S 53rd
Oak Lawn, IL 60453

Price

$163,500

Est Payment
$1,175 / month (details)  
Taxes
$1,693  
Type
Land  
Sq. Ft.
n/a  
Lot Size
75 X 123.27  
Neighborhood
Oak Lawn  
MLS
#11857410
Status
Sold (9/6/2024)

Property Description

Rare Land Available For Multifamily Use In Inner Southwest Suburbs. Zoned R-3 For Multi Family. Many Options Work Here. This Can Be A Large 9 Unit Apartment Or Condo Building (with A Parking Variance). This Lot Also Can Be Two 2-4 Unit Buildings. Also, One Can Build 6 Townhouses. 6 Units With 12 Parking Spaces Is Allowed Now. Maybe A Possible Group Home? This Prime Parcel Is Located In The Heart Of The Village Of Oak Lawn's Downtown & Historic Area. Walk To The Metra, 95th St. Bus, Small Shops & Stores, Restaurants, Library And The New Pete's Market Coming Soon. Easily 6-9 Units Can Be Placed On The Property (depends On The Square Footage Of Each Unit). Current Code Is 2 Spots Per Unit But Plenty Near Here Have Had Variances. There Is Both Street And Alley Access To The Lot To Maximize Parking Versatility. This Is An Awesome Location! Lot Size Is 75' X 123.27'. Seller Has Plans For A State-of-the-art New Apartment Building. Close To Lakeshore Park. Zoning Allows 9 Units But Need A Parking Variance If 7+, But Others Nearby Have Had Variances. This Can Be A Project That All The Southwest Talks About!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
Oak Lawn Comm High School (229), Oak Lawn-hometown Middle School (123), Sward Elementary School (123)

Payment Calculator

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Principal & Interest
$867
Property Tax
$141
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-11-2023 Listed at $219,900
12-11-2023 Price decreased by $10,000 to $209,900
03-13-2024 Price decreased by $10,000 to $199,900
04-12-2024 Status changed to Under Contract
05-09-2024 Status changed to Active
05-27-2024 Price decreased by $4,900 to $195,000
08-08-2024 Status changed to Under Contract
09-06-2024 Status changed to Closed
09-06-2024 Sold at $163,500
Last Modified 9/6/24 12:40 PM

Nearby Transportation

  • Bus 87 1.1 mi
  • Southwest Service 0.2 mi
  • I 294 South 2.6 mi
  • I 294 North 2.6 mi
  • Hwy 171 4.8 mi
grid
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