The median home value in Oak Lawn, IL is $229,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Oak Lawn, IL is $229,000.
Approximately 77% of Oak Lawn homes are owned,
compared to 18% rented, while
5% are vacant.
Oak Lawn real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Oak Lawn real estate agent to arrange a tour today! Learn more about Oak Lawn.
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
This corner lot presents an exceptional development opportunity. Situated at a prime corner location, this 125x125 lot offers a sprawling space that is ripe for development into a diversified range of residential and commercial real estate ventures. Currently R1 zoning, but this rare golden prospect harbors ample opportunities for enterprising developers keen on capitalizing on the burgeoning real estate market. Whether it's building a community of attractive condominiums or multi-family apartments or crafting a mixed-use retail complex designed for modern living, this plot of land serves as the perfect launchpad for a savvy development project. Don't let this one-of-a-kind land opportunity pass you by!
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/24/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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