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$445,000 Just Listed
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Property Description
Wow look at this (10+ CAP Rate) Opportunity to own a versatile multi-unit commercial building in the heart of Oak Lawn. This well-maintained property features three approximately 1,000 sq. ft. units, all currently leased, providing immediate income potential. Ideal for an owner-user looking to operate their business in one unit while collecting rental income from the other two spaces. The flexible layout allows for a wide variety of uses including office, dental, medical, legal, real estate, accounting, and many other professional services. The property offers ample storage space, an overhead door for convenient access, and approximately 10 parking spaces with parking available in both the front and rear of the building. Recent improvements include newer A/C units and furnaces for all three units, a newer roof, and updated bathrooms. Situated in a prime Oak Lawn location with high daily traffic counts, providing excellent exposure and accessibility for businesses. A great opportunity for both investors and business owners looking for strong location, income potential, and long-term value.
Full Property Details
Full Property Details for 9725 SW Hwy
General
- Price: $445,000
- Taxes: $22,120 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12584699
- Updated: 3/11/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Multi-Tenant, Overhead Door(s), Private Restroom(s), Storage Inside
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Oak Lawn
- County: Cook
- Township: Worth
- Driving Directions: 95TH ST TO SOUTHWEST HIGHWAY SOUTH TO ADDRESS
- Location Details: Central Business District, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Drive-In Doors: 1
- Stories/Levels: 1
- Square Feet: 3,000
- Current Bldg. Use: Commercial, Office
- Year Built: 1975
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 2,875
- Lot Dimensions: 2875
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $1,300
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1975
- Tax Amount: $22,120
- Tax Year: 2024
Disclosures and Reports
- Property ID: 24081200090000
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Schools
Schools serving 9725 SW Hwy
School Districts:Ridgeland School District 122, Oak Lawn Community High School District 229
| Name | Grades | Distance |
|---|---|---|
Columbus Manor Elementary School 9700 Mayfield Avenue, Oak Lawn, IL 60453 | PK-5 | 0.3 mi |
Simmons Middle School 6450 West 95th Street, Oak Lawn, IL 60453 | 6-8 | 0.6 mi |
Oak Lawn Community High School 9400 Southwest Highway, Oak Lawn, IL 60453 | 9-12 | 0.4 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 9725 SW Hwy
Date
Details
Price
Change
Source
3/09/2026
Listed
$445,000
64.81%
MLS
8/01/2022
Sold
$270,000
—
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 9725 SW Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,148
-9%
$41,805
10%
2022
$13,382
3%
$38,100
—
2021
$12,966
17%
$38,100
15%
2020
$11,094
-21%
$33,269
-23%
2019
$14,001
4%
$43,125
—
2018
$13,417
202%
$43,125
—
2017
$4,445
-12%
$43,125
186%
2016
$5,069
-2%
$15,099
-3%
2015
$5,180
-56%
$15,547
-57%
2014
$11,849
39%
$35,884
27%
2013
$8,496
2%
$28,249
—
2012
$8,307
—
$28,249
—
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 9725 SW Hwy
9725 Southwest Highway, Oak Lawn, IL 60453 (MLS# 12584699) is a Commercial property. 9725 Southwest Highway is currently listed for $445,000 and was received on March 09, 2026. Want to learn more about 9725 Southwest Highway? 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.

