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Charming Condo with Included Utilities
For Sale
$153,000

4931 W 87TH Street #3SW Oak, Oak Lawn, IL 60453

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

Property SizeContact for details
Days on Market374

Property Features for 4931 W 87TH Street #3SW Oak

General Information

Standard status Active
Property subtype Condominium

Amenities

Radiant
Wall Unit(s)
Natural Gas

Building Details

Year Built 1977
Listing Agency: WORLD PROP INTL SEA TO SKY
Listed By: Leslie Cifuentes · License #475189600
Source: Kw
Added: Aug 13, 2025 Changed: Aug 11 Last Checked: Aug 21 at 2:23PM

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 WORLD PROP INTL SEA TO SKY

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Spa & Massage 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

487
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
Questions? Ask Rey
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Frequently Asked Questions

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 Street #3SW Oak Oak Lawn, IL.
What is the asking price?
The asking price for this property is $153,000.
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.
More about this property
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