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Corner Redevelopment City Block
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5620 West 95th Street, Oak Lawn, IL 60453

Entire city block offering strong visibility with high daily traffic on two major corridors.

Property Size22,000 SF
Days on Market51

Property Features for 5620 West 95th Street

General Information

Standard status Active
Size 22,000 SF
Property subtype Retail, Industrial, Office
Listing Agency: Seneca Real Estate Group
Listed By: Peter Giadla, CCIM · License #IL 471017442
Source: Crexi
Added: Jun 19 Changed: Jul 10 Last Checked: Aug 5 at 2:27PM

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 Seneca Real Estate Group

Investment Insights

Based on property information with market context.

This offering presents an opportunity to acquire or develop an entire city block at a northwest corner intersection. The site is being marketed for multiple paths to value, including acquisition and development, redevelopment, ground lease, or build-to-suit concepts. The emphasis of the offering is on the scale of the parcel and the ability to tailor the outcome to different ownership and operating strategies.

The property is situated at the northwest corner of 95th Street and Central Avenue in Oak Lawn, Illinois. The remarks cite strong visibility backed by traffic counts of 45,500 ADT on 95th Street (US 12) and 24,900 ADT on Central Avenue, supporting practical site exposure for retail and service-oriented uses that benefit from high-traffic access.

For investors and developers, this is positioned as a full-block acquisition with development optionality rather than a single-tenant asset. The ability to consider redevelopment, ground lease structures, or build-to-suit plans can be especially relevant for parties evaluating a larger-format project where site control and flexibility are key. Interested buyers should contact the listing agent for pricing and additional information on development approach and acquisition terms.

Key Highlights

  • Entire city block at the northwest corner of 95th Street and Central Avenue in Oak Lawn, Illinois
  • High traffic counts: 45,500 ADT on 95th Street (US 12)
  • High traffic counts: 24,900 ADT on Central Avenue

Property Analytics

Current Use

O'Keefe, Rivera & Berk, ... Law Firm CENTURY 21 Circle Real Estate Agency Century 21 affiliated ... Real Estate Agency Saloua Fahsi, Century ... Real Estate Agency John Wanda - Century ... Real Estate Agency

Suggested Use

Top Pick Law Firm Daycare Center Grocery & Convenience Store Auto Parts Store Storage Facility Garden Center

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

1,523
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Entire city block offering strong visibility with high daily traffic on two major corridors.
Where is this strip mall located?
The property is located at 5620 West 95th Street Oak Lawn, IL.
What are key features of this property?
This property features: Entire city block at the northwest corner of 95th Street and Central Avenue in Oak Lawn, Illinois; High traffic counts: 45,500 ADT on 95th Street (US 12); High traffic counts: 24,900 ADT on Central Avenue
More about this property
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