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Investment Highlights

  • Desirable location - southwest suburbs
  • Low expenses
  • 100% occupancy
  • Solid brick building

Executive Summary

*** PRINCIPLES ONLY***
TURN-KEY INVESTMENT! Fully rented 6 unit brick building in the heart of Oak Lawn. Superb location- densely populated southwest suburb with high demand for rental units. Great investment opportunity- 6 units- rented out with solid tenants. Clean and well kept building. New roof. 5 two bedroom units and 1 one bedroom unit. Month to month tenants. Rear parking lot & laundry on premise (with additional income). Walking distance to Christ Hospital, transportation and local shopping and restaurants. Strong investment with solid income. Tenants pay their own gas bill.
*** PRINCIPLES ONLY please***

Attachments

flyer

Property Facts

Price $975,000
Price Per Unit $162,500
Sale Type Investment
Cap Rate 7.70%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 6,720 SF
Average Occupancy 100%
No. Stories 3
Year Built 1965
Zoning Multifamily - Multifamily

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 5 - -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
24-10-200-014-0000
Land Assessment
$5,960
Improvements Assessment
$56,040
Total Assessment
$62,000
  • Listing ID: 40303926

  • Date on Market: 4/27/2026

  • Last Updated:

  • Address: 9516 S Kolin Ave, Oak Lawn, IL 60453

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