5423 95th St, Oak Lawn, IL 60453-3789

Exceptional multi-use investment opportunity in Oak Lawn, IL. This 6,700 square foot, Class B building, situated on a high-traffic section of 95th Street, offers a blend of retail and office space. Currently boasting 70% occupancy with four tenants, including three ground-floor retail spaces generating stable income. A 2,000 square foot second-floor office suite is available for immediate lease, presenting a value-add opportunity for medical, professional, or creative uses. The property features 15 on-site parking spaces, a significant advantage in this location. Built in 1979, this stabilized investment property has a pro-forma NOI of $75,648 and a pro-forma cap rate of 8.90%. The asking price is $850,000 ($126.87/SF). The 0.26-acre lot is zoned C-2. Full occupancy is projected for September 18, 2024. This prime location offers strong potential for long-term appreciation and is ideal for both investors and owner-occupants. The property's address is 5423 W 95th St, Oak Lawn, IL 60453, with APN 24091020440000. The lease type is gross.