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Two Retail Buildings on 95th Street 2 Retail Properties Offered at $1,300,000 in Oak Lawn, IL

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Investment Highlights

  • Two Buildings Available for Owner/User, Investment, or Redevelopment
  • Immediately at Pace Bus Stops and 1/2 Mile to Oak Lawn Metra Train Stop
  • Blocks from Downtown Area, National Retailers, and Transit
  • Excellent Visibility and Exposure to 95th Street with High Traffic Counts of 29,800 Daily Vehicles
  • 2 Miles to I-294
  • Zoned and Available for a Variety of Commercial Uses

Executive Summary

Brookline Real Estate presents the rare opportunity to acquire a true landmark in the heart of Oak Lawn, IL. This offering includes the iconic Premo's building - with business value included - along with the adjacent three-tenant retail center, all prominently positioned along a high-traffic commercial corridor with strong daily vehicle counts and outstanding visibility.
Surrounded by dense residential neighborhoods, national retailers, and established local businesses, the property benefits from consistent consumer traffic and a long-standing presence within the community. The Premo's building offers owner-user, investment, or redevelopment potential, while the neighboring multi-tenant strip center provides additional income and upside.
This is an As-Is Estate Sale, presenting a unique chance to own a piece of Oak Lawn history while capitalizing on its prime location, name recognition, and future growth potential.

Property Facts

Price $1,300,000
Price / SF $207.04 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,279 SF
Total Land Area 0.28 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5516-5540 W 95th St, Oak Lawn, IL 60453 Retail 3,279 SF 1975 -
5520 W 95th St, Oak Lawn, IL 60453 Retail 3,000 SF 1976 -
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  • Listing ID: 39572361

  • Date on Market: 2/25/2026

  • Last Updated:

  • Address: Two Retail Buildings on 95th Street, Oak Lawn, IL

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