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    4020 111Th St Oak Lawn, IL 60453

    For Lease
    $15 SF/Yr

    Prime Oak Lawn location, 4 suites, new HVAC/roof.

    Lot size:
    5,072 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional office space, located at 4020 W 111th St, Suite 202, in Oak Lawn, Illinois (zip code 60453), offers four available suites ranging from 946 to 1,871 square feet. The property is a traditional office building situated at the highly visible corner of 111th Street and Pulaski Road in Cook County. This bustling neighborhood center boasts a strong tenant mix, including Bank of America, Birdie's Sports Bar & Grill, Hog Wild, and Reilly's Daughter, ensuring high foot traffic and visibility. The location benefits from excellent accessibility, with convenient access to public transportation via CTA and PACE buses, as well as proximity to major roadways including I-57 and the Tri-State Tollway (I-294). Recent improvements include a new roof and a new HVAC system installed in 2022, ensuring energy efficiency and a comfortable work environment. The property is ideal for businesses seeking a prominent location with excellent amenities and accessibility in a thriving Oak Lawn community. Multiple tenancy options are available, making this property suitable for a variety of business needs and sizes.

    Property Features for 4020 111Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,072 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    957 SF
    Rate per SF
    $15
    Space
    Size
    1,298 SF
    Rate per SF
    $15
    Space
    Available Space 3
    Size
    946 SF
    Rate per SF
    $15
    Space
    Available Space 4
    Size
    1,871 SF
    Rate per SF
    $15
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranch Manor Shopping ... Shopping Mall Integra Doctors Inc Home Health Care Service Glow Up Ink ... Beauty Salon Tan Centric Tanning Salon Bank of America Home ... Mortgage Lender

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.721324757948
    Latitude
    41.692019605403

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Oak Lawn location, 4 suites, new HVAC/roof.
    Where is this office property / space located?
    The property is located at 4020 111Th St Oak Lawn, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    Request Owner's contact information
    4020 111Th St Oak Lawn, IL 60453
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    Oak Lawn, IL 60453
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    4020 111Th St Oak Lawn, IL 60453
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