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    Remodeled Condo Near Christ Hospital Title is generated by Realmo AI

    4530 W 93rd Street 2B, Oak Lawn, IL 60453

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    For Sale
    $249,900

    Two-bedroom condo with remodeled bathrooms, close to amenities.

    Type:Condo/Townhome
    Property size:
    1,200 SF
    Price / SF:
    $208/SF
    Added:
    Mar 24, 2026
    Days on Market:
    105
    Last Refresh:
    Apr 6 at 3:38 am

    Property Features for 4530 W 93rd Street 2B

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1992

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    Joseph Rihani

    Listing office Midwest Realty Services, Inc.

    Listing date Mar 24, 2026

    Source Exitrealty

    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 Midwest Realty Services, Inc.

    HighLights

    • Remodeled bathrooms (2 full)
    • Heated garage with one space and additional storage
    • In‑unit laundry
    • Elevator access
    • Convenient location: close to schools, transportation, shopping, and park
    • Walking distance to Christ Hospital

    Overview

    This is a freshly painted second-floor condo featuring two bedrooms and two remodeled full bathrooms. The property is conveniently located near schools, transportation options, shopping areas, and a park. It is also within walking distance of Christ Hospital. The condo includes a heated garage with one parking space and additional storage. Residents have access to an elevator and in-unit laundry facilities. The property size is 1200 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $27.2k $22.68
    − Vacancy −$1.9k −$1.59
    EGI $25.3k $21.09
    − OpEx −$11.4k −$9.49
    NOI $13.9k $11.60
    1,200 SF · lease $22.68/SF/yr · vacancy 7.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $198.9K
    $174.0K – $232.0K (±1% cap)
    NOI $13,921 @ 7.0% cap · market cap 5.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $414.3K
    $362.5K – $483.4K (±1% cap)
    NOI $29,001 @ 7.0% cap · market cap 11.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Hair Salon Travel Agency Tech Support Center Department Store Computer & Electronic Repair Clothing & Fashion Store Nursing Home Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7345102
    Latitude
    41.7240749

    FAQs

    What type of property is this?
    Residential income property - Two-bedroom condo with remodeled bathrooms, close to amenities.
    Where is this residential income property located?
    The property is located at 4530 W 93rd Street 2B Oak Lawn, IL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Remodeled bathrooms (2 full); Heated garage with one space and additional storage; In‑unit laundry
    More about this property
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