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Updated Multifamily Property
For Sale
Under Contract
$415,000

4825 Columbus Drive, Oak Lawn, IL 60453

Residential Income, Oak Lawn, IL

Property SizeContact for details
Days on Market295

Property Features for 4825 Columbus Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4
Parking 4
Parking features Garage
High school Oak Lawn Comm High School
Elementary school district 123
Middle school district 123
High school district 229
Directions CICERO TO COLUMBUS DR (ABOUT 9300 SOUTH) THEN WEST TO PROPERTY
Subdivision Oak Lawn
Standard status Active Under Contract
APN 24044150260000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 9691

Utilities

Sewer type Public Sewer
Heating system Radiant

Amenities

new windows
in-unit air conditioning
stainless steel appliances

Building Details

Year built 1971
Building materials Brick
Listing Agency: Kale Realty
Listed By: Marcus Toussaint · License #475206712
Added: Nov 4, 2025 Changed: Aug 20 Last Checked: Aug 26 at 1:06AM
MLS# 12503698

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1971, this brick multifamily property includes five bedrooms and two bathrooms. Interior updates include new windows, in-unit air conditioning, and stainless steel appliances. Radiant heating, garage parking, and public sewer service are also in place.

The property is located at 4825 Columbus Drive in Oak Lawn, Illinois. Shopping centers, restaurants, parks, and schools are nearby. Metra and CTA service provide public transportation options, while Midway Airport is approximately a 15-minute drive away.

Key Highlights

  • Five‑bedroom, two‑bathroom multifamily property
  • Brick construction dating to 1971
  • New windows, in‑unit air conditioning, and stainless steel appliances

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Computer & Electronic Repair Electrical Service Garden Center Tech Support Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,934
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Five-bedroom property with garage parking, radiant heat, and public sewer service in Oak Lawn.
Where is this multifamily property located?
The property is located at 4825 Columbus Drive Oak Lawn, IL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Five‑bedroom, two‑bathroom multifamily property; Brick construction dating to 1971; New windows, in‑unit air conditioning, and stainless steel appliances
More about this property
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