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4525 95th Street, Oak Lawn, IL 60453
$1,349,000
4525 95th Street, Oak Lawn, IL 60453View this property at 4525 95th Street, Oak Lawn, IL 60453
4525 95th StreetOak LawnIL60453
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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
Full Property Details
Full Property Details for 4525 95th St
General
- Price: $1,349,000
- Taxes: $20,609 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11946462
- Updated: 4/22/2024
- Added to Site: 129 day(s) ago
Location
- Area: Oak Lawn
- County: Cook
- Township: Worth
- Driving Directions: 95th St and Kolmar are the intersections
Heating & Cooling
- Heating Type: Radiant
Utilities
- Trash: 1460
Structural Information
- Stories/Levels: 2
Lot Features
- Lot Dimensions: 101 x 81
Financial Considerations
- Insurance Fee: $4,277
- Operating Expenses: $50,442
- Tax Amount: $20,609
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity
- Pays Electric: 1350
- Pays Trash: 1460
Disclosures and Reports
- Property ID: 24101020010000
Listed by Concentric Realty, Inc
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Schools
Schools serving 4525 95th St
School Districts:Oak Lawn-Hometown School District 123, Oak Lawn Community High School District 229
Rating | Name | Grades | Distance |
---|---|---|---|
9800 S Tripp Ave, Oak Lawn, IL 60453 | PK-5 | 0.5 mi | |
9830 Brandt Ave, Oak Lawn, IL 60453 | PK-5 | 0.7 mi | |
8870 S Duffy Ave, Hometown, IL 60456 | PK-5 | 0.8 mi | |
5345 W 99th St, Oak Lawn, IL 60453 | 6-8 | 1.2 mi | |
9400 Southwest Hwy, Oak Lawn, IL 60453 | 9-12 | 1.7 mi | |
9130 S 52nd Ave, Oak Lawn, IL 60453 | PK-5 | 1 mi | |
10425 S Kolmar Ave, Oak Lawn, IL 60453 | PK-5 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4525 95th St
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$1,349,000
-3.57%
MLS
3/03/2024
Price Reduced
$1,399,000
-2.85%
MLS
2/23/2024
Price Reduced
$1,440,000
-3.58%
MLS
2/05/2024
Price Reduced
$1,493,500
-3.27%
MLS
12/22/2023
Listed
$1,544,000
29.75%
MLS
10/29/2021
Sold
$1,190,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4525 95th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$20,609
2%
$54,407
—
2021
$20,156
2%
$54,407
—
2020
$19,751
3%
$54,407
3%
2019
$19,115
4%
$52,708
—
2018
$18,388
—
$52,708
—
2017
$18,420
7%
$52,708
12%
2016
$17,241
1%
$47,064
—
2015
$17,053
1%
$47,064
—
2014
$16,859
-11%
$47,064
-20%
2013
$18,954
2%
$58,911
—
2012
$18,545
—
$58,911
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4525 95th St
4525 95th Street, Oak Lawn, IL 60453 (MLS# 11946462) is a Commercial property. 4525 95th Street is currently listed for $1,349,000 and was received on December 22, 2023. Want to learn more about 4525 95th Street? Do you have questions about finding other Commercial real estate for sale in Oak Lawn? You can browse all Oak Lawn real estate or contact a Coldwell Banker agent to request more information.