Main Street Storefront
For Sale
$398,500
6737 W 95th St, Oak Lawn, IL 60453
Storefront property with direct access to highways 294, 55, and 57.
Property Size2,200 SF
Price / SF$181.14
Days on Market57
Property Features for 6737 W 95th St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Business Opportunity
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Realty Executives New Image
Listed By:
Valdy Biernacki · License #3040396
(773) 603-9557
Source:
Liveliferealty
Added: Aug 10
Changed: Sep 13
Last Checked: Oct 4 at 2:45PM
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 Realty Executives New Image
Investment Insights
Based on property information with market context.
This 2,200-square-foot storefront property is located at 6737 W 95th St in Oak Lawn, Illinois. The building is positioned on a main street and offers a commercial setting suited to storefront operations.
Direct access to highways 294, 55, and 57 provides connections to surrounding areas. The property’s location and storefront configuration support a range of commercial uses, including retail, office, and service-oriented businesses, as identified in the property information.
Direct access to highways 294, 55, and 57 provides connections to surrounding areas. The property’s location and storefront configuration support a range of commercial uses, including retail, office, and service-oriented businesses, as identified in the property information.
Key Highlights
- 2,200‑square‑foot storefront property
- Located at 6737 W 95th St, Oak Lawn, IL 60453
- Positioned on a main street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,536
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,720
$610.7K
Cap Rate 7%
$436,229
$436.2K
Cap Rate 9%
$339,289
$339.3K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$47.5K $21.60/SF
− Vacancy
−$3.9K −$1.77/SF
EGI
$43.6K $19.83/SF
− OpEx
−$13.1K −$5.95/SF
NOI
$30.5K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,720
Cap Rate 7%
$436,229
Cap Rate 9%
$339,289
Alternative Uses
Best Use
Retail
$436.2K
$381.7K – $508.9K
NOI $30,536 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$759.6K
$664.6K – $886.2K
NOI $53,169 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
208k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 23%
Chick-fil-A
Dining
68,843 visits/mo
0.5 miles
Buffalo Wild Wings
Dining
43,029 visits/mo
0.4 miles
BP
Shops & Services
21,496 visits/mo
0.2 miles
Dunkin' Donuts
Dining
18,898 visits/mo
0.4 miles
Starbucks
Dining
18,560 visits/mo
0.0 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property with direct access to highways 294, 55, and 57.
Where is this storefront property located?
The property is located at 6737 W 95th St Oak Lawn, IL.
What is the asking price?
The asking price for this property is $398,500.
What are key features of this property?
This property features: 2,200‑square‑foot storefront property; Located at 6737 W 95th St, Oak Lawn, IL 60453; Positioned on a main street
