Corner Residential Income
For Sale
$349,900
5553 Foxwoods Drive, Oak Lawn, IL 60453
A one-level corner townhome features vaulted ceilings, a private deck, and a finished basement.
Property Size1,703 SF
Price / SF$205.46
Days on Market49
Property Features for 5553 Foxwoods Drive
General Information
Standard status
Active
Size
1,703 SF
Property subtype
Townhouse-Ranch
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$8,144
Building Details
Building Size
1,703 SF
Year Built
1998
Listing Agency:
RE/MAX 10 in the Park
(708) 923-0900
Listed By:
Thomas Domasik · License #475129362
(708) 359-4092
Source:
Angelawalkerhomes
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 26 at 3:09PM
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 RE/MAX 10 in the Park
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Investment Insights
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This one-level corner townhome has an open main living area with vaulted ceilings, a combined living and dining room, and a separate family room. The kitchen opens to a private deck. A finished basement adds a recreation room, an additional bathroom, and a concrete crawlspace for storage.
Built in 1998, the property is undergoing cleaning and fresh painting. It is located in the Foxwoods community in Oak Lawn, Illinois.
Built in 1998, the property is undergoing cleaning and fresh painting. It is located in the Foxwoods community in Oak Lawn, Illinois.
Key Highlights
- One‑level corner townhome
- Vaulted ceilings throughout the main living areas
- Living and dining room combination plus a separate family room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,756
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,120
$395.1K
Cap Rate 7%
$282,229
$282.2K
Cap Rate 9%
$219,511
$219.5K
Market Conditions
NOI Build-Up for 1,703 SF
Gross rent
$38.6K $22.68/SF
− Vacancy
−$2.7K −$1.59/SF
EGI
$35.9K $21.09/SF
− OpEx
−$16.2K −$9.49/SF
NOI
$19.8K $11.60/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,120
Cap Rate 7%
$282,229
Cap Rate 9%
$219,511
Alternative Uses
Best Use
Apartment 5plus
$282.2K
$247.0K – $329.3K
NOI $19,756 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$588.0K
$514.5K – $686.0K
NOI $41,158 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
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Business Placement
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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Frequently Asked Questions
What type of property is this?
Residential income property - A one-level corner townhome features vaulted ceilings, a private deck, and a finished basement.
Where is this residential income property located?
The property is located at 5553 Foxwoods Drive Oak Lawn, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: One‑level corner townhome; Vaulted ceilings throughout the main living areas; Living and dining room combination plus a separate family room
