The median home value in Oak Lawn, IL is $250,000.
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 $250,000.
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.
Spacious premium lot zoned multi family; Lot is 110'x132.79'. Can build one larger structure or 2 buildings. can build 2 two-four flats. Can have approximately 9 units for condos or apartments with a variance. Or about 6-8 townhouses. It is 3.5 lots & 10' of rear vacated alley. There are three separate pins: 24-03-160-47-0000; 028, & 029. South lot is 60'x133' & north lot is 50'x133'. Existing house & garage are occupied by a good cooperative tenant on a month-to-month basis (!,950/mo). House is 24.3'x44.4' (1,079 sq.ft). Garage is 16.4'x36.4'. Tenant is willing to stay until the project is ready. Owner has some potential plans that are possible usage here. Owner is willing to cooperate to assist with the village if needed. This pocket west of the Hospital is almost all multifamily. There is a condo project of 10 units to the South. Most of the rest of Kolmar is 2-3 units buildings
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. 6 UNITS WITH 12 PARKING SPACES IS ALLOWED NOW. 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. ZONING ALLOWS 9 UNITS BUT NEED A PARKING VARIANCE IF 7+, BUT OTHERS NEARBY HAVE HAD VARIANCES. 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!
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