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First Floor Condo with Garage

9198 South Road #A, Palos Hills, IL 60465

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For Sale

$265,000

Three-bedroom condo with screened porch, garage, and community amenities.

Type:Condominium

Property size:

1,600 SF

Price / SF:

$165/SF

We can help!

Contact an agent

Harry Ventimiglia

Real Estate License ID: 475116431

HighLights

First floor end unit with screened porch overlooking forest preserves.
3 bedrooms, including a primary suite with private bath.
Modern kitchen open to dining area and living room with corner fireplace.
Includes a 1 car garage located directly out the front door.
In‑unit laundry room.
Woods Edge features walking paths, an outdoor pool, and a clubhouse.

For Sale

$265,000

Three-bedroom condo with screened porch, garage, and community amenities.

Type:Condominium

Property size:

1,600 SF

Price / SF:

$165/SF

Added:: Aug 21, 2025
Days on Market:: 320
Last Refresh:: Jun 30 at 1:17 am

Property Features for 9198 South Road #A

General Information

Standard status: Active
Size: 1,600 SF
Property subtype: Condominium

Building Details

Year Built: 1979

We can help!

Contact an agent

Harry Ventimiglia

Listing office Keller Williams Preferred Realty

Listing date Aug 21, 2025

Source Kw

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 Keller Williams Preferred Realty

HighLights

First floor end unit with screened porch overlooking forest preserves.
3 bedrooms, including a primary suite with private bath.
Modern kitchen open to dining area and living room with corner fireplace.
Includes a 1 car garage located directly out the front door.
In‑unit laundry room.
Woods Edge features walking paths, an outdoor pool, and a clubhouse.

Overview

This is a rarely available first-floor end unit condo featuring 3 bedrooms and 2 bathrooms. Located in Woods Edge in Palos Hills, the unit includes a screened porch overlooking forest preserves. The property has been meticulously maintained and updated, featuring a modern kitchen that opens to the dining area and living room, which includes a corner fireplace. A three-season room provides additional storage space. The condo includes three bedrooms, with the primary suite having a private bath. There is a convenient in-unit laundry room. The property also includes an extra-deep one-car garage located directly out the front door. Woods Edge offers walking paths with bridges, an outdoor pool, and a clubhouse. The location provides convenient access to local shopping, restaurants, and transportation. The property size is approximately 1600 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$36.3k	$22.68
− Vacancy	−$2.5k	−$1.59
EGI	$33.7k	$21.09
− OpEx	−$15.2k	−$9.49
NOI	$18.6k	$11.60

1,600 SF · lease $22.68/SF/yr · vacancy 7.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$265.2K

$232.0K – $309.4K (±1% cap)

NOI $18,561 @ 7.0% cap · market cap 7.00%

Second Best

—

no second resolved use

Theoretical Best

Office A

$552.4K

$483.4K – $644.5K (±1% cap)

NOI $38,668 @ 7.0% cap · market cap 14.59%

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

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Palos Hills
County: Cook
State: Illinois
Longitude: -87.8455
Latitude: 41.6871

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For sale
Apartment buildings
IL
Palos Hills
60465
9198 South Road #A Palos

What type of property is this?

Apartment building - Three-bedroom condo with screened porch, garage, and community amenities.

Where is this apartment building located?

The property is located at 9198 South Road #A Palos Hills, IL.

What is the asking price?

The asking price for this property is $265,000.

What are key features of this property?

This property features: First floor end unit with screened porch overlooking forest preserves.; 3 bedrooms, including a primary suite with private bath.; Modern kitchen open to dining area and living room with corner fireplace.