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    5420 W 95Th St Oak Lawn, IL 60453

    For Lease
    $55 SF/Yr

    Restaurant - Oak Lawn, IL

    Days on Market:
    213
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 5420 W 95Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Anthony Hardy (312) 216-2422 License #475139834

    Listing date May 17, 2025

    MLS# 12368422 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oak Lawn Freestanding Retail Space

    This freestanding 6,961 square foot retail space is available for lease in Oak Lawn. Formerly a TGI Friday's, the building is situated on 1.18 acres at a signalized hard corner along 95th Street. Monument signage is available. The location provides direct visibility to over 36,000 vehicles per day (projected for 2025) and offers access to I-294, I-57, and I-80. The property has 83 dedicated on-site parking spaces, with access to an additional 46 public spaces, totaling 129 spaces. The surrounding area includes national tenants such as Amazon Fresh, Raising Canes, Chick-fil-A, Target, LA Fitness, Shake Shack, Panera Bread, The Home Depot, and Dunkin'. It is located near the redeveloped Downtown Oak Lawn and minutes from Chicago Ridge Mall. Zoned C-2 (General Service Commercial), the site supports various retail, restaurant, and service uses. A long-term NNN lease is preferred. It is suited for QSR, fast casual, service retail, or branded flagship users seeking exposure in a stable market.
    Property Profile Location Intelligence

    Current Use by Public Records

    TGI Fridays American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Traveling Tender LLC Mobile Bartending & Event Staffing, The Traveling Tender LLC, Frankie's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7565637
    Latitude
    41.7201257

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    FAQs

    What type of property is this?
    Restaurant - Freestanding retail space in Oak Lawn's premier retail corridor.
    Where is this restaurant located?
    The property is located at 5420 W 95Th St Oak Lawn, IL.
    What is the lease rate?
    The lease rate is $55 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on a signalized hard corner with monument signage and direct exposure to over 36,000 vehicles per day.; - Freestanding 6,961 SF building on 1.18 acres in Oak Lawn's premier retail corridor.; - 83 dedicated on-site parking spaces with access to 46 additional public spaces (129 total).
    (312) 216-2422
    Request Owner's contact information
    5420 W 95Th St Oak Lawn, IL 60453
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    Oak Lawn, IL 60453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5420 W 95Th St Oak Lawn, IL 60453
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