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    5251-5273 95Th St Oak Lawn, IL 60453

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    17,659 SF Retail Center in Oak Lawn, IL

    Property size:
    17,659 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17,659-square-foot retail property, built in 2008, is ideally situated in the heart of Oak Lawn, Illinois, at 5251-5273 West 95th Street, zip code 60453. Boasting a prime location in downtown Oak Lawn, the center benefits from high visibility and accessibility. The property features 240 parking spaces, ensuring ample convenience for customers and employees. Its 1.4-acre lot provides substantial space, and the building enjoys excellent exposure with 47 feet of street frontage and a continuous 42-foot window line along 95th Street. This strategic location offers unparalleled visibility and accessibility, placing the property directly across from Village Hall and the Library, and adjacent to a train station, Children's Museum, and Advocate's new medical building. The property's proximity to Christ Hospital, a major employer with 788 beds and 1,300 employees, further enhances its desirability. Stoplight access ensures easy ingress and egress, making it a highly attractive location for businesses seeking strong visibility and convenient access for their clientele. This retail center presents a unique opportunity for businesses seeking a prominent location in a thriving community.

    Property Features for 5251-5273 95Th St

    General Information

    Property type
    Retail properties
    Square Feet
    17,659 SF
    Lot Size
    60,984 SF

    Building Details

    Year Built
    2008

    HighLights

    • Excellent stoplight visibility.
    • High visibility on 95th Street with 42' of continuous storefront windows.
    • 47' of street frontage provides exceptional exposure.
    • Prime downtown Oak Lawn location adjacent to Metra station, Children's Museum, Advocate medical building, Village Hall, and Library.
    • Short drive to Christ Hospital, a major employer with 788 beds and 1,300 employees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -87.7521621
    Latitude
    41.7197039

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    FAQs

    What type of property is this?
    Retail property - 17,659 SF Retail Center in Oak Lawn, IL
    Where is this retail property located?
    The property is located at 5251-5273 95Th St Oak Lawn, IL.
    What are key features of this property?
    This property features: Excellent stoplight visibility.; High visibility on 95th Street with 42' of continuous storefront windows.; 47' of street frontage provides exceptional exposure.
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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
    5251-5273 95Th St Oak Lawn, IL 60453
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