Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores)

5362 West 95th Street, Oak Lawn, IL 60453

  • For Sale $1,160,000
  • Property Type Retail - Street Retail
  • Property Size 7,136 SF
  • Units 5
  • Lot Size 7,136 Acre
  • Additional Rent Contact for pricing
  • Year Built 1954
  • Date Updated Dec 10, 2024
The Village of Oak Lawn is located 15 miles southwest of downtown Chicago. For generations, Oak Lawn has offered a strong location for businesses seeking accessibility and connectivity. With easy access to major highways such as I-294 and I-55, as well as proximity to Midway International Airport, Oak Lawn serves as a gateway to regional and national markets. Oak Lawn boasts a dynamic and diverse population of approximately 56,000 residents, providing a robust consumer base for businesses of all kinds. With a median age of 41 years, Oak Lawn reflects a balanced mix of professionals, families, and retirees, offering ample opportunities for businesses catering to various demographics. Oak Lawn is home to a thriving business community, with a strong focus on healthcare, retail, and professional services. The presence of notable healthcare institutions like Advocate Christ Medical Center and Little Company of Mary Hospital contributes to the area’s reputation as a regional healthcare hub. Additionally, Oak Lawn’s vibrant retail corridors, including 95th Street and Cicero Avenue, attract shoppers from across the region, making it an ideal location for retail businesses looking to capitalize on high foot traffic. 95TH STREET – OAK LAWN Stretching through the heart of Oak Lawn, 95th Street stands as the epitome of commercial vitality, offering a dynamic array of retail experiences that cater to every need and desire. As the main thoroughfare of Oak Lawn, this bustling corridor boasts a rich tapestry of shops, restaurants, and services, making it the go-to destination for locals and visitors alike.ACO Commercial is pleased to offer, for sale, 5362-5370 W. 95th Street, a five-unit, 7,136 SF retail property on the northeast corner of 95th Street and 54th Avenue in Oak Lawn, Illinois. The property is the subject of an estate sale by decades long ownership. 5362-5370 W. 95th Street benefits from a corner, signalized location on 95th Street, near the Oak Lawn Village Hall and master-planned downtown re-development anchored by the Metra commuter rail station. Currently the property is 100% occupied by long-term tenants at below market rental rates, the majority of whom are on month-to-month leases. The offering provides an investor or user to acquire a high visibility asset with strong historical occupancy, in a highly desirable retail corridor. Oak Lawn, Illinois is a village of approximately 56,000 residents, located 15 miles southwest of downtown Chicago. Oak Lawn benefits from vibrant retail corridors along 95th Street and Cicero Avenue, as well as and easy access to major highways such as I-294 and I-55. The Village initiated a comprehensive mixed-use development of its downtown area in 2002, anchored by the Village Hall and Metra Commuter Rail Station with a multitude of restaurants, shops, and residences. 5362-5370 W. 95th Street is being offered for $1,160,000 ($162.55 PSF), which reflects an in-place 7.67% cap rate.
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Highlights

  • Estate Sale - Decades Long Ownership
  • Rarely Available VALUE ADD - Downtown Oak Lawn
  • Signalized Corner of 95th St and 54th Avenue
  • High Traffic/High Visibility Property
  • (9) Tandem Parking Spaces

Contacts

broker

ACO Commercial

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable
  • Transit Score ®

    35/100 Some Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Oak Lawn, IL
  • Zip Code 60453
  • Market Chicago

Points of Interest

  • Chicago Ridge

    1.76 miles

  • Ashburn

    2.59 miles

  • Worth

    2.89 miles

  • 99th Street (Beverly Hills)

    4.54 miles

  • 103rd Street (Beverly Hills)

    4.54 miles

  • 107th Street (Beverly Hills)

    4.63 miles

  • 111th Street (Morgan Park)

    4.75 miles

  • Palos Park

    4.87 miles

  • 115th Street (Morgan Park)

    4.93 miles

  • Brainerd

    5.02 miles

  • BP

    0.66 miles

  • Mobil

    0.74 miles

  • Thorntons

    0.81 miles

  • Speedway

    0.83 miles

  • Gulf

    0.87 miles

  • Citgo

    1.02 miles

  • Shell

    1.43 miles

  • EVgo

    1.56 miles

  • ChargePoint

    7.21 miles

  • Tesla Supercharger

    8.15 miles

  • Lot 1

    2.14 miles

  • Lot 3

    2.18 miles

  • Lot 5

    2.18 miles

  • Lot 4

    2.20 miles

  • Lot 2

    2.21 miles

  • Lot 12

    2.28 miles

  • Lot 6

    2.31 miles

  • Lot 8

    2.32 miles

  • Lot 7

    2.35 miles

  • Lot 9

    2.37 miles

  • TGI Fridays

    0.09 miles

  • Lou Malnati's Pizzeria

    0.13 miles

  • Smashburger

    0.27 miles

  • Potbelly

    0.30 miles

  • Dunkin'

    0.40 miles

  • Palermo's 95th Italian Cuisine

    0.64 miles

  • Jersey Mike's Subs

    0.70 miles

  • Taco Bell

    0.72 miles

  • Jedi's Garden Restaurant

    0.74 miles

  • White Castle

    0.76 miles

  • Marshalls

    0.81 miles

  • Fairplay Foods

    1.13 miles

  • Jewel-Osco

    1.30 miles

  • ALDI

    1.41 miles

  • Kohl's

    1.44 miles

  • Chicago Ridge Mall

    1.45 miles

  • Fresh Foods

    1.51 miles

  • Target

    1.52 miles

  • Burlington

    1.55 miles

  • Ross

    1.57 miles

Frequently Asked Questions

How much does Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores) cost?

The space currently listed for sale at Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores) asks for $1,160,000.

What is the total square footage of Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores)?

Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores) totals 7,136 square feet.

When was this property built?

Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores) was built in 1954.

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broker

ACO Commercial