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    4931 W 87Th St, Unit 3SW Oak Lawn, IL 60453

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    For Sale
    $155,000

    Third-floor condo with in-unit laundry, storage, and assigned parking.

    Building Details

    Year built
    1977

    Source: Keller Williams Preferred Realty Agent Leslie Cifuentes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Condo with Included Utilities

    This is a charming third-floor condo offering comfort and convenience. It features an in-unit washer and dryer, as well as extra storage in the basement. The unit includes an assigned parking spot (#17) located nearby, with additional visitor parking available. The monthly assessment covers heat, gas, and water. The building is located near shopping, schools, public transportation, and the hospital. The property is intended for owner-occupants, with a no-rental policy in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7455972
    Latitude
    41.7342377

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    FAQs

    What type of property is this?
    Apartment building - Third-floor condo with in-unit laundry, storage, and assigned parking.
    Where is this apartment building located?
    The property is located at 4931 W 87Th St, Unit 3SW Oak Lawn, IL.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - Monthly assessment includes heat, gas, and water.; - Enjoy the convenience of an in-unit washer and dryer.; - Assigned parking spot close to the building with visitor parking available.
    Request Owner's contact information
    4931 W 87Th St, Unit 3SW Oak Lawn, IL 60453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4931 W 87Th St, Unit 3SW Oak Lawn, IL 60453
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