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4809 98th Street, Oak Lawn, IL 60453
$800,000
4809 98th Street, Oak Lawn, IL 60453View this property at 4809 98th Street, Oak Lawn, IL 60453
4809 98th StreetOak LawnIL60453
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Property Description
Exceptional mixed-use gem on Oak Lawn's bustling Cicero Avenue. This property boasts (2) 1200 sq ft commercial units, (2) 800 sq ft apartments, and a charming (2) story Georgian-style residence with 4 beds, 3 baths, and 2 kitchens. Rooftop decks offer an urban retreat. Ideal for investors or live-work enthusiasts, meticulously remodeled from top to bottom. Don't miss out on this perfect blend of business and residential living. Own a fancy nails salon next to your very own residence and enjoy rental income. Seize this unique opportunity in Oak Lawn's vibrant community!
Full Property Details
Full Property Details for 4809 98th St
General
- Price: $800,000
- Taxes: $13,406 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11997068
- Updated: 3/17/2024
- Added to Site: 55 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Storage Inside, Other, Basement
- Fireplace: Yes
- Number of Fireplaces: 2
- Flooring: Carpet, Concrete, Tile, Vinyl, Wood
Additional Information
- Security/Safety: Other
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Oak Lawn
- County: Cook
- Township: Worth
- Driving Directions: Cicero to South 98th Pl - Southwest Corner of Cicero and 98th Place
- Location Details: Southwest Suburban, Central Business District, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick, Block
- Foundation: Concrete Perimeter
- Roof: Rubber, Varies
- Sub-Flooring: Carpet, Concrete, Tile, Vinyl, Wood
- Stories/Levels: 2
- Square Feet: 4,311
- Current Bldg. Use: Commercial, Legal Non-Conforming, Office
- # of Stores: 1
- Year Built: 1964
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 5,850
- Lot Dimensions: 50 x 120
- Frontage: City Street
- Potential Use: Commercial, Office and Research, Multi-Family, Single Family, Retail
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $6,600
- Operating Expenses: $14,000
- Security Deposit: Other
- Assessment Year: 1964
- Tax Amount: $13,406
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Janitorial Service, Varies by Tenant
- Pays Electric: 1100
Disclosures and Reports
- Property ID: 24092270210000
Listed by Century 21 Circle
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Schools
Schools serving 4809 98th St
School Districts:Oak Lawn-Hometown School District 123, Oak Lawn Community High School District 229
Rating | Name | Grades | Distance |
---|---|---|---|
9830 Brandt Ave, Oak Lawn, IL 60453 | PK-5 | 0.2 mi | |
9800 S Tripp Ave, Oak Lawn, IL 60453 | PK-5 | 0.7 mi | |
10425 S Kolmar Ave, Oak Lawn, IL 60453 | PK-5 | 0.9 mi | |
5345 W 99th St, Oak Lawn, IL 60453 | 6-8 | 0.7 mi | |
9400 Southwest Hwy, Oak Lawn, IL 60453 | 9-12 | 1.5 mi | |
9130 S 52nd Ave, Oak Lawn, IL 60453 | PK-5 | 1 mi | |
8870 S Duffy Ave, Hometown, IL 60456 | PK-5 | 1.2 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 4809 98th St
Date
Details
Price
Change
Source
3/05/2024
Listed
$800,000
122.22%
MLS
2/11/2010
Sold
$360,000
—
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 4809 98th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$13,407
2%
$38,813
—
2021
$13,145
1%
$38,813
—
2020
$12,964
4%
$38,813
2%
2019
$12,504
4%
$37,907
—
2018
$12,026
—
$37,907
—
2017
$12,068
9%
$37,907
15%
2016
$11,110
2%
$32,826
—
2015
$10,943
1%
$32,826
—
2014
$10,839
8%
$32,826
-3%
2013
$10,008
2%
$33,736
—
2012
$9,834
—
$33,736
—
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 4809 98th St
4809 98th Street, Oak Lawn, IL 60453 (MLS# 11997068) is a Commercial property. 4809 98th Street is currently listed for $800,000 and was received on March 05, 2024. Want to learn more about 4809 98th 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.