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Combined Office Units
For Sale
$99,000

4647 W 103rd Street #1E-F, Oak Lawn, IL 60453

An open-plan layout includes a conference area and a separate private office.

Property Size19,201 SF
Price / SF$5.16
Days on Market45

Property Features for 4647 W 103rd Street #1E-F

General Information

Standard status Active
Size 19,201 SF
Property subtype Commercial
Zoning OFFIC

Additional Details

HOA Fee $527.56

Taxes and HOA fees

Annual Taxes $6,764

Building Details

Building Size 19,201 SF
Year Built 1974
Stories 2
Units 1
Tenancy Multi
Listing Agency: Maguire & Associates, LLC
Listed By: Linda Maguire
Source: Fishmangroup
Added: Sep 15 Changed: Oct 25 Last Checked: Oct 26 at 3:48AM

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 Maguire & Associates, LLC

Rey
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Investment Insights

Based on property information with market context.

Two adjoining office units form a combined workspace with an open area, conference space, and a private office. The property is a commercial condominium within the Olympian Professional Building Association, a 12-owner complex serving medical, dental, physical therapy, real estate, insurance, transportation, and IT businesses. Retail use is not permitted.

Built in 1974, the all-electric building has common-area heating and air conditioning. Association services also include snow removal, refuse collection, building insurance, and cleaning and maintenance of shared areas.

Key Highlights

  • Combined units offer open workspace, a conference area, and a private office
  • Commercial condominium in a 12‑owner professional building
  • Retail use is not permitted

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Andretta Favors, Maguire ... Real Estate Agency Dr. George W. ... Dental Office Malee Joseph M ... Physician Curing Physical Therapy ... Physician

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom Daycare Center Building Supply Plumbing Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

931
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - An open-plan layout includes a conference area and a separate private office.
Where is this office unit located?
The property is located at 4647 W 103rd Street #1E-F Oak Lawn, IL.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Combined units offer open workspace, a conference area, and a private office; Commercial condominium in a 12‑owner professional building; Retail use is not permitted
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