4809 98th Street Oak Lawn, IL ^$ 800,000

4809 98th Street

^$ 800,000

Back to search

4809 98th Street

Oak Lawn, IL, 60453

^$ 800,000

Studio Baths0.0 Sq 4,311

Monthly Estimate*

^$ 5,588

4809 98th Street, Oak Lawn, IL 60453 - Image 1

4809 98th Street, Oak Lawn, IL 60453 - Image 2

4809 98th Street, Oak Lawn, IL 60453 - Image 3

4809 98th Street, Oak Lawn, IL 60453 - Image 4

4809 98th Street, Oak Lawn, IL 60453 - Image 5

4809 98th Street, Oak Lawn, IL 60453 - Image 6

4809 98th Street, Oak Lawn, IL 60453 - Image 7

4809 98th Street, Oak Lawn, IL 60453 - Image 8

4809 98th Street, Oak Lawn, IL 60453 - Image 9

4809 98th Street, Oak Lawn, IL 60453 - Image 10

4809 98th Street, Oak Lawn, IL 60453 - Image 11

4809 98th Street, Oak Lawn, IL 60453 - Image 12

4809 98th Street, Oak Lawn, IL 60453 - Image 13

4809 98th Street, Oak Lawn, IL 60453 - Image 14

4809 98th Street, Oak Lawn, IL 60453 - Image 15

4809 98th Street, Oak Lawn, IL 60453 - Image 16

4809 98th Street, Oak Lawn, IL 60453 - Image 17

4809 98th Street, Oak Lawn, IL 60453 - Image 18

4809 98th Street, Oak Lawn, IL 60453 - Image 19

Studio

Commercial Property for sale in Oak Lawn, IL

for $800,000. This 4,311 square foot building was built in 1964 on a lot size of 0.134298.

Exceptional mixed-use gem on Oak Lawn's bustling Cicero Avenue. This property boasts (2) 1200 sq ft commercial units, (2) 800 sq ft apartments, and a charming (2) story Georgian-style residence with 4 beds, 3 baths, and 2 kitchens. Rooftop decks offer an urban retreat. Ideal for investors or live-work enthusiasts, meticulously remodeled from top to bottom. Don't miss out on this perfect blend of business and residential living. Own a fancy nails salon next to your very own residence and enjoy rental income. Seize this unique opportunity in Oak Lawn's vibrant community!

Commercial Active

Price

^$ 800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 13,406

Style

Commercial,Legal Non Conforming,Office

Lot Size

0.134298

Year Built

1964

Town/City

Oak Lawn

County/Region

Cook

MLS | Web ID

11997068

Features

General

Cooling Central Air

Possession Immediate

Roof Rubber Varies

Zoning COMMR

Construction Materials Brick Block

Year Built 1964

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Janitorial Service Varies by Tenant

Stories 2

Township Worth

Tax Year 2022

Current Use Commercial Legal Non Conforming Office

Gross Income 108000

County Cook

Net Operating Income 40286

Operating Expense 14000

Insurance Expense 6600

Property Type Commercial Sale Mixed Use

Possible Use Commercial Office and Research Multi-Family Single Family Retail

Status Active

Directions Cicero to South 98th Pl - Southwest Corner of Cicero and 98th Place

City Oak Lawn

Total Units 5

MLS Area Oak Lawn

Lot Size Square Feet 5850

Street Name 98th

Tax Annual Amount 13406

Electric Expense 1100

Fuel Expense 3300

Trash Expense 0

Water Sewer Expense 3000

Additional Parcels Y/N N

Days on Market 13

Lease Type N/A

Standard Status Active

Interior

Flooring Carpet Concrete Tile Vinyl Wood

Total Fireplaces 2

Street Suffix Street

Exterior

Foundation Details Concrete Perimeter

Building Area Total 4311

Lot Dimensions 50X120

Frontage Type City Street

* Excluded Features

List By

Century 21 Circle

Broker

tunguyenrealtor@gmail.com

Affordability Calculator

$6,705

Per Month

Monthly Principal & Interest: $5,588
Monthly Property Taxes: $1,117
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Oak Lawn, IL

Average List Price ^$991,594

Percent of Sale Price 24%

About Oak Lawn, IL

55,977 Population

1% Since 2002

^$59,270 Median Income

40.85 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2024	$800,000		Listed Price

Map

More homes like this one

homes for you

See all

4809 98th Street, Oak Lawn, IL, 60453 is a Commercial Property for sale at $800,000 with 4,311 sqft and a lot size of 0.134298. 4809 98th Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 60453 which is in Oak Lawn, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/28/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4809 98th Street

Commercial Property for sale in Oak Lawn, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home