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    5307 W 95th Street, Oak Lawn, IL 60453

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    COMMERCIAL - Oak Lawn, IL

    Type:Retail
    Property size:
    918 SF
    Lot size:
    0.13 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 2 at 6:06 pm

    Property Features for 5307 W 95th Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    COMMR
    Standard status
    Active
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    23573

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1941
    Floors in Building
    2
    Number of units
    3
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Tammy Jackson

    Listing agent Tammy Jackson License #471020151

    Listing office KM Realty Group, LLC 111 N Wabash, Chicago, IL

    Listing date Jun 2, 2026

    MLS# 12665748

    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.

    HighLights

    • Three available storefront lease spaces: 918 SF, 763 SF, and 330 SF
    • Flexible layout allows multiple spaces to be combined for a larger footprint
    • Brick construction building with central air and a composition roof
    • Spaces are suited for retail, office, medical/wellness, professional services, beauty/personal care, and specialty/carry‑out concepts

    Overview

    This offering features three storefront spaces available for lease, sized to support a range of storefront and service-oriented uses. The suites can also be combined to create a larger footprint if your business needs room to grow. With flexible leasing and potential build-out opportunities for qualified tenants, the configuration supports everything from boutique retail and professional offices to medical, wellness, and beauty or personal care services.

    Located on W 95th Street in Oak Lawn, the available storefronts are positioned for high-visibility presence in an active southwest suburban market. The property is presented as a practical option for operators looking to establish or expand their business with flexible tenancy arrangements.

    These spaces should appeal to tenants seeking smaller, storefront-style footprints while retaining the option to expand by combining suites. Suitable uses include retail boutiques, professional or specialty services, insurance and financial services, medical or wellness programs, beauty and personal care businesses, and specialty food or carry-out concepts, as well as startup operations that benefit from a prominent location. For leasing information, pricing details, and to schedule tours, contact the listing team.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Maison des Fleurs Chicago — 9361 S Cicero Ave #1310, Oak Lawn, IL 60453
    • Windy City Flower Girls — Rlc Professional Building, 5419 95th St, Oak Lawn, IL 60453
    • The Country Daisy Flower Shop — 5570 95th St #2353, Oak Lawn, IL 60453

    Location Insight

    • Map
    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7535552
    Latitude
    41.719568

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    FAQs

    What type of property is this?
    Storefront property - Three storefront suites are available for lease, offering adaptable space for retail, office, medical, or personal service concepts.
    Where is this storefront property located?
    The property is located at 5307 W 95th Street Oak Lawn, IL.
    What are key features of this property?
    This property features: Three available storefront lease spaces: 918 SF, 763 SF, and 330 SF; Flexible layout allows multiple spaces to be combined for a larger footprint; Brick construction building with central air and a composition roof
    (312) 283-0794
    We can help!
    Listing Contact
    Tammy Jackson
    Real Estate License ID: 471020151
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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