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$975,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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TURN-KEY INVESTMENT! Fully rented 6 unit brick building in the heart of Oak Lawn. Superb location- densely populated southwest suburb with high demand for rental units. Great investment opportunity- 6 units- rented out with solid tenants. Clean and well kept building. New roof. 5 two bedroom units and 1 one bedroom unit. Month to month tenants. Rear parking lot & laundry on premise (with additional income). Walking distance to Christ Hospital, transportation and local shopping and restaurants. Strong investment with solid income. Tenants pay their own gas bill.

Full Property Details for 9516 S Kolin Ave

General

  • Price: $975,000
  • Taxes: $19,690 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12635597
  • Updated: 5/1/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: Partially
  • Interior Features: Laundry Room

Location

  • Area: Oak Lawn
  • County: Cook
  • Township: Worth
  • Driving Directions: 95TH STREET TO KOLIN - 4400 WEST BETWEEN CICERO & PULASKI
  • Location Details: Public Transport Avail, In City Limits

Heating & Cooling

  • Cooling Type: Wall Sleeve
  • Heating Type: Gas, Hot Water

Utilities

  • Sewer: Storm Sewer
  • Onsite: Sewer Connected

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1966
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 6
  • # Dryers: 1

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: 66 x 129
  • Frontage: City Street
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $6,000
  • Operating Expenses: $13,200
  • Assessment Year: 1966
  • Tax Amount: $19,690.9
  • Tax Year: 2024
  • Tenant Pays: Electricity
  • Pays Electric: 700
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Property ID: 24102000140000

Listed by Infiniti Properties, Inc.

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— 9516 S Kolin Ave —

  • Infiniti Properties, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 9516 S Kolin Ave

School Districts:Oak Lawn-Hometown School District 123, Oak Lawn Community High School District 229
NameGradesDistance
J M Hannum Elementary School
9800 South Tripp Avenue, Oak Lawn, IL 60453
K-50.4 mi
Oak Lawn-Hometown Middle School
5345 West 99th Street, Oak Lawn, IL 60453
6-81.4 mi
Oak Lawn Community High School
9400 Southwest Highway, Oak Lawn, IL 60453
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9516 S Kolin Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/01/2026
Listed
$975,000
77.27%
MLS
6/02/2024
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
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 for 9516 S Kolin Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,963
-15%
$61,999
5%
2022
$22,329
2%
$58,948
—
2021
$21,839
2%
$58,948
—
2020
$21,399
10%
$58,948
10%
2019
$19,379
4%
$53,435
—
2018
$18,642
—
$53,435
—
2017
$18,674
25%
$53,435
31%
2016
$14,995
1%
$40,934
—
2015
$14,832
1%
$40,934
—
2014
$14,663
36%
$40,934
22%
2013
$10,808
2%
$33,593
—
2012
$10,575
—
$33,593
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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9516 S Kolin Avenue, Oak Lawn, IL 60453 (MLS# 12635597) is a Commercial property. 9516 S Kolin Avenue is currently listed for $975,000 and was received on May 01, 2026. Want to learn more about 9516 S Kolin Avenue? 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.

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