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. This Lot Also Can Be Two 2-4 Unit Buildings. Also, One Can Build 6 Townhouses. Or 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). 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. This Can Be A Project That All The Southwest Talks About! --- Seller Has A 2nd Multi Family Parcel In Town Available As Well (94th & Kolmar) That Can Package Together
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Property Details
Utilities
Heating
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Additional Information
Schools
Oak Lawn Comm High School (229), Oak Lawn-hometown Middle School (123), Sward Elementary School (123)
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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
Last Modified 4/26/24 6:23 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
For More Information
(312) 528-9200
For more information about 9522 S 53rd, Oak Lawn, IL 60453 contact Corcoran Urban Real Estate.
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Listing provided by Coldwell Banker Realty
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