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Corner Residential Building Lot
For Sale
$259,000

9239 South 55th Court, Oak Lawn, IL 60453

Corner lot zoned R1 with an option to seek a variance for multi-unit residential development.

Property SizeContact for details
Days on Market332

Property Features for 9239 South 55th Court

General Information

Standard status Active
Property subtype Land
Zoning SINGL

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,553
Listing Agency: Coldwell Banker Realty
Listed By: Mira Bajic · License #475176755
Source: Compass
Added: Sep 12, 2025 Changed: Aug 8 Last Checked: Mar 25 at 7:20PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This corner residential building lot is currently zoned R1 and offers the flexibility to explore multi-unit development by applying for a variance. The property is set up for a buyer looking to build a home, or to evaluate development options under the existing zoning framework.

Located in Oak Lawn, the lot is close to an expressway as well as shopping, dining, and schools, supporting convenient daily access for future residents.

If you’re considering a straightforward single-family build, the R1 zoning provides a clear path. If you’re planning for higher density, the stated variance option is an important consideration for your due diligence and next steps.

Key Highlights

  • Corner lot zoned R1
  • Option to apply for a variance to build multi‑unit residential development
  • Close to expressway, shopping, dining, and schools

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

932
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot zoned R1 with an option to seek a variance for multi-unit residential development.
Where is this residential land & home lot located?
The property is located at 9239 South 55th Court Oak Lawn, IL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Corner lot zoned R1; Option to apply for a variance to build multi‑unit residential development; Close to expressway, shopping, dining, and schools
More about this property
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