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9725 Southwest Highway Oak Lawn, IL 60453 Commercial - Retail New

New - 18 Hours Ago
  • 9725 Southwest Highway , Oak Lawn, IL 60453 Main Photo

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Description

Opportunity to own a versatile multi-unit commercial building in the heart of Oak Lawn. This well-maintained property features three approximately 1,000 sq. ft. units, all currently leased, providing immediate income potential. Ideal for an owner-user looking to operate their business in one unit while collecting rental income from the other two spaces. The flexible layout allows for a wide variety of uses including office, dental, medical, legal, real estate, accounting, and many other professional services. The property offers ample storage space, an overhead door for convenient access, and approximately 10 parking spaces with parking available in both the front and rear of the building. Recent improvements include newer A/C units and furnaces for all three units, a newer roof, and updated bathrooms. Situated in a prime Oak Lawn location with high daily traffic counts, providing excellent exposure and accessibility for businesses. A great opportunity for both investors and business owners looking for strong location, income potential, and long-term value.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1975

General Information

County: Cook
Listed By:
Keller Williams Preferred Rlty 708-798-1111
MRED MLS
$445,000
Est. $2,827/mo
New to the Market New
SQUARE FEET3,000 MLS#12584699
STATUSNew PROPERTY TYPECommercial - Retail

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9725 Southwest Highway , Oak Lawn, IL 60453.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $445,000$445,000$445,000
Down Payment $89,000$15,575$111,250
Monthly Mortgage Amount $2,078$2,550$2,705
Taxes $619$619$619
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$196$0
Monthly Estimated Total $2,827$3,495$3,454

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