Oak Lawn, IL Retail Space for Sale

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Chicago Ridge, IL Worth, IL Alsip, IL

6 properties

Updated: Feb 25

Iconic Oak Lawn Retail Opportunity

5540 W 95th St, Oak Lawn, IL 60453

$1,300,000

6,279 sqft

Prime location on a high‑traffic commercial corridor with strong visibility.
Includes the iconic Premo's building with business value.
Adjacent three‑tenant retail center provides additional income.
Surrounded by dense residential neighborhoods, national retailers, and established local businesses.
Premo's building offers owner‑user, investment, or redevelopment potential.

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This listing looks promising.

Here's a quick look at some key insights for

5540 W 95th St, Oak Lawn, IL 60453

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$87K
Annual
Mortgage

$110K
May 2000
Last Sold

Jan 2013
$225K
Property Type

Retail Stores
Built 1969

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Updated: Mar 9

Versatile Commercial Building in Oak Lawn

9725 Southwest Highway, Oak Lawn, IL 60453

$445,000

3,000 sqft · 0.07 AC lot

High (10+%) CAP Rate offers immediate income potential.
Three 1,000 sq. ft. units, all currently leased.
Prime Oak Lawn location with high daily traffic counts for excellent exposure.
Flexible layout suitable for various professional services (office, medical, legal, etc.).
Recent improvements: newer A/C units, furnaces, roof, and updated bathrooms.

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Versatile Multi-Unit Commercial Building

9725 Southwest Highway, Oak Lawn, IL 60453

$445,000

3,000 sqft

Multi-unit commercial building in Oak Lawn with immediate income potential.

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Mixed-Use Building with Income Potential

5307 West 95th Street, Oak Lawn, IL 60453

$750,000

6,790 sqft

Mixed-use property featuring commercial spaces and residential units.

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Grocery Anchored Shopping Center For Sale

4910 W 111th St, Oak Lawn, IL

Contact for pricing

165,999 sqft · 23.00 AC lot

Grocery anchored neighborhood center in Chicago MSA for sale.

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Retail Space with Furnishings

8350 S 88th Ave, Justice, IL

Contact for pricing

2,600 sqft · 0.48 AC lot

Furnished retail space on a large lot with ample parking.

$149,000

First-floor commercial condo featuring a drive-thru and flexible layout.

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Chicago Ridge Retail Opportunity

9820 Ridgeland Ave, Chicago Ridge, IL 60415

$9,379,244

8,925 sqft

Single-tenant retail property in Chicago Ridge, Illinois for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Off-Market Properties in Oak Lawn, IL

Consider similar Off-Market properties in Oak Lawn, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

9266 Cicero Ave, Oak Lawn, IL 60453-1807

$2,900,000

Estimated value

1.19 AC lot

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RETAIL STORES (PERSONAL SERVICES)

6216 79th St, Burbank, IL 60459-1103

Value Estimation by Request

0.17 AC lot

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RETAIL STORES (PERSONAL SERVICES)

6358 79th St, Burbank, IL 60459-1148

Value Estimation by Request

1,170 sqft · 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

6358 79th St, Burbank, IL 60459-1148

Value Estimation by Request

1,170 sqft · 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

9204 Harlem Ave, Bridgeview, IL 60455

$3,000,000

Estimated value

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RETAIL STORES (PERSONAL SERVICES)

9600 Pulaski Rd, Oak Lawn, IL 60453-3391

Unit 52

$4,475,000

Estimated value

2.48 AC lot

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RETAIL STORES (PERSONAL SERVICES)

5301 79th St, Burbank, IL 60459-1403

Value Estimation by Request

0.24 AC lot

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STORE, RETAIL OUTLET

7601 79th St, Bridgeview, IL 60455-1115

Value Estimation by Request

5.18 AC lot

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RETAIL STORES (PERSONAL SERVICES)

9159 Harlem Ave, Bridgeview, IL 60455-1926

$1,225,000

Estimated value

0.72 AC lot

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RETAIL STORES (PERSONAL SERVICES)

Value Estimation by Request

0.26 AC lot

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RETAIL STORES (PERSONAL SERVICES)

7958 Sayre Ave, Burbank, IL 60459

$1,025,000

Estimated value

1.13 AC lot

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STORE, RETAIL OUTLET

10600 Cicero Ave, Oak Lawn, IL 60453-5911

Value Estimation by Request

0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

5900 79th St, Burbank, IL 60459-1241

Value Estimation by Request

0.07 AC lot

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Oak Lawn, IL Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Oak Lawn, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 19,069 square feet of properties for sale, with an estimated market value of $2,940,000.

Sale prices for retail space in Oak Lawn, IL start at $445,000, averaging $735,000, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 136K

Population Growth (5Y) -0.3%

Median Household Income $77,870

College Educated 23.9%

High-Yield Neighborhoods for Investment

Identify Oak Lawn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60453	$735K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Oak Lawn, IL Retail Space for Sale

5540 W 95th St, Oak Lawn, IL 60453

9725 Southwest Highway, Oak Lawn, IL 60453

9725 Southwest Highway, Oak Lawn, IL 60453

5307 West 95th Street, Oak Lawn, IL 60453

4910 W 111th St, Oak Lawn, IL

8350 S 88th Ave, Justice, IL

Opportunities in Nearby Cities

9820 Ridgeland Ave, Chicago Ridge, IL

9401 S Pulaski Road 1S, Evergreen Park, IL 60805

9401 S Pulaski Road #1S, Evergreen Park, IL 60805

9820 Ridgeland Ave, Chicago Ridge, IL 60415

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Oak Lawn, IL

9266 Cicero Ave, Oak Lawn, IL 60453-1807

6216 79th St, Burbank, IL 60459-1103

6358 79th St, Burbank, IL 60459-1148

6358 79th St, Burbank, IL 60459-1148

9204 Harlem Ave, Bridgeview, IL 60455

9600 Pulaski Rd, Oak Lawn, IL 60453-3391

5301 79th St, Burbank, IL 60459-1403

7601 79th St, Bridgeview, IL 60455-1115

9159 Harlem Ave, Bridgeview, IL 60455-1926

4809 77th St, Burbank, IL 60459-1586

7912 Austin Ave, Burbank, IL 60459-1918

7912 Austin Ave, Burbank, IL 60459-1918

7912 Austin Ave, Burbank, IL 60459-1918

4700 95th St, Oak Lawn, IL 60453-2533

5612 87th St, Burbank, IL 60459-2902

7958 Sayre Ave, Burbank, IL 60459

10600 Cicero Ave, Oak Lawn, IL 60453-5911

5900 79th St, Burbank, IL 60459-1241

Oak Lawn, IL Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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