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Eight-Unit Apartment Building
For Sale
Contact for pricing
Pending

9632 Kedvale Ave, Oak Lawn, IL 60453

Owner-occupied eight-unit building with seven 2-bedroom and one 1-bedroom units, each with a balcony.

Property SizeContact for details
Days on Market143

Property Features for 9632 Kedvale Ave

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Year Renovated 2017
Listing Agency: Citypoint Arizona LLC
Listed By: Robert Rixer · License #BK3613514
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Aug 30 at 3:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Arizona LLC

Investment Insights

Based on property information with market context.

This owner-occupied eight-unit multifamily property includes seven 2-bedroom units and one 1-bedroom unit. Each unit offers a balcony, and garage storage lockers are included. The building also has a 3-car attached garage.

Recent exterior and systems updates include a new roof and windows installed in 2017. The property also has copper plumbing lines and a heating system replacement completed in 2010.

The current unit mix supports a range of tenant configurations, while the included balcony and on-site storage amenities add practical resident value.

Key Highlights

  • Owner‑occupied 8‑unit multifamily building with 7 two‑bedroom units and 1 one‑bedroom unit
  • Each unit includes a balcony and has garage storage lockers
  • 3‑car attached garage provides additional rental storage income potential

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market Bakery Grocery & Convenience Store Computer & Electronic Repair Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,707
Businesses Nearby

Demographics for 60453, IL

58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Owner-occupied eight-unit building with seven 2-bedroom and one 1-bedroom units, each with a balcony.
Where is this apartment building located?
The property is located at 9632 Kedvale Ave Oak Lawn, IL.
What are key features of this property?
This property features: Owner‑occupied 8‑unit multifamily building with 7 two‑bedroom units and 1 one‑bedroom unit; Each unit includes a balcony and has garage storage lockers; 3‑car attached garage provides additional rental storage income potential
More about this property
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