5168 95th St Oak Lawn, IL 60453-2458
Property profile & analytics
5168 95th St Oak Lawn, IL 60453-2458
- Retail space
- 0.06 lot acres
Property ID
US28-1303688
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Velvet Bakery / Wedding Service / Bakery
Property Details for 5168 95th St
- Year built
- 1952
- Lot size
- 0.06 lot acres
- Property type
- Retail space
- APN
- 24-04-330-034
- APU
- 2404330034
Description
This 3,734 square foot multi-tenant retail property, located at 5168 W 95th St in Oak Lawn, IL, presents a compelling value-add investment opportunity. The property, built in 1960 and situated on a 6,379 square foot lot, features three units currently operating at 100% occupancy as of October 7, 2024. With below-market rental rates, there's significant potential for increased NOI. The asking price is $530,000, representing a 7.87% cap rate and a price per square foot of $141.94. The property boasts a prime location on a signalized corner with high visibility and traffic, near the Oak Lawn Village Hall and a master-planned downtown redevelopment anchored by a Metra commuter rail station. The C-2 Commercial Business District zoning allows for a variety of uses. Twelve parking spaces are available on-site. The property is part of a larger three-property estate sale, offering potential for portfolio acquisition. This is a rare opportunity to acquire a well-located, historically occupied retail asset in a growing area with strong potential for value appreciation. The property's Net Operating Income (NOI) is $41,719. The property consists of one single-story building. The Cook County Assessor's Parcel Numbers (APN) are 24-04-416-035-0000 and 24-04-416-036-0000. The sale is considered a distressed sale.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oak Lawn
- County
- Cook
- State
- Illinois
- Longitude
- -87.7551
- Latitude
- 41.7201
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,690
$8,175
$25,327
$33,502
-
$32,700
$101,308
$134,008
