Oak Lawn Storefront with
5003 W 95th Street, Oak Lawn, IL 60453
For Sale
New
$249,000
Two entrances serve a layout with private offices, a reception area, and open workspace.
Property Size1,200 SF
Price / SF$207.50
Days on Market2
Property Features for 5003 W 95th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
2 private offices
waiting area
open workspace
2 entrances
Building Details
Building Size
Year Built
Stories
Units
Tenancy
Listing Agency:
Coldwell Banker Realty
Listed By:
Charles Groebe
(312) 981-5500
Source:
Fishmangroup
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 2:06AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This storefront property is configured with two private offices, a waiting area, and an open work area. Two entrances provide access to the space. The current tenant is expected to vacate upon sale or lease.
The property is on West 95th Street in Oak Lawn, near the Patriot Station train stop. Street parking is available in front, with four spaces behind the building and access to a village lot with capacity for 20 cars.
The property is on West 95th Street in Oak Lawn, near the Patriot Station train stop. Street parking is available in front, with four spaces behind the building and access to a village lot with capacity for 20 cars.
Key Highlights
- Two private offices, a waiting area, and open workspace
- Two entrances
- Near the Patriot Station train stop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,878
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,560
$337.6K
Cap Rate 7%
$241,114
$241.1K
Cap Rate 9%
$187,533
$187.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$26.4K $21.96/SF
− Vacancy
−$2.2K −$1.87/SF
EGI
$24.1K $20.09/SF
− OpEx
−$7.2K −$6.03/SF
NOI
$16.9K $14.07/SF
Area
Cook County, IL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,560
Cap Rate 7%
$241,114
Cap Rate 9%
$187,533
Alternative Uses
Best Use
Retail
$241.1K
$211.0K – $281.3K
NOI $16,878 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.8K
$403.2K – $537.6K
NOI $32,256 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,523
Businesses Nearby
228k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 23%
Apparel 19%
Office Supplies 4%
Marshalls
Apparel
42,511 visits/mo
0.4 miles
White Castle
Dining
20,021 visits/mo
0.3 miles
Andy's Frozen Custard
Dining
17,899 visits/mo
0.4 miles
Speedway
Shops & Services
11,135 visits/mo
0.5 miles
Potbelly Sandwich Shop
Dining
10,869 visits/mo
0.1 miles
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
$267,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Cook County, IL
Properties on Market for Storefront properties in Cook County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- The Country Daisy Flower Shop — 5570 95th St #2353, Oak Lawn, IL 60453
- Windy City Flower Girls — Rlc Professional Building, 5419 95th St, Oak Lawn, IL 60453
- Maison des Fleurs Chicago — 9361 S Cicero Ave #1310, Oak Lawn, IL 60453
Frequently Asked Questions
What type of property is this?
Storefront property - Two entrances serve a layout with private offices, a reception area, and open workspace.
Where is this storefront property located?
The property is located at 5003 W 95th Street Oak Lawn, IL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two private offices, a waiting area, and open workspace; Two entrances; Near the Patriot Station train stop
