9516 S KOLIN Avenue Oak Lawn, IL ^$ 975,000

9516 S KOLIN Avenue

^$ 975,000

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9516 S KOLIN Avenue

Oak Lawn, IL, 60453

^$ 975,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 6,003

9516 S KOLIN Avenue, Oak Lawn, IL 60453 - Image 1

Multi-Family Home for sale in Oak Lawn, IL

for $975,000 with 3 bedrooms. This home was built in 1966 on a lot size of 0.2.

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.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 19,690

Style

Multi-Family

Lot Size

0.2

Year Built

1966

Town/City

Oak Lawn

County/Region

Cook

MLS | Web ID

12635597

Features

General

Sewer Storm Sewer

Cooling Wall Sleeve

Utilities Sewer Connected

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1966

Tenant Pays Electricity

Stories Count 3

Township Worth

Tax Year 2024

Current Use Multi-Family

Gross Income 103200

County Cook

Net Operating Income 75110

Operating Expense 13200

Insurance Expense 6000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions 95TH STREET TO KOLIN - 4400 WEST BETWEEN CICERO & PULASKI

City Oak Lawn

Number Of Units Total 6

MLS Area Oak Lawn

Tax Annual Amount 19690.9

Electric Expense 700

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 6000

Additional Parcels Y/N N

Standard Status Active

Cap Rate 7.7

Interior

Basement Partially Finished

Exterior

Lot Dimensions 66X129

Lot Size Acres 0.2

Frontage Type City Street

* Excluded Features

List By

Infiniti Properties, Inc.

Broker

nedmalley@aol.com

Affordability Calculator

$7,644

Per Month

Monthly Principal & Interest: $6,003
Monthly Property Taxes: $1,641
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Multi-family listings in Oak Lawn, IL

Average List Price ^$655,940

Percent of Sale Price 33%

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
5/1/2026	$975,000		Listed Price

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9516 S KOLIN Avenue, Oak Lawn, IL, 60453 is a Multi-Family Home for sale at $975,000 with a lot size of 0.2. 9516 S KOLIN Avenue has 3 bedrooms, 0.0 baths, and was built in 1966. 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 6.25% 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.

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Data is updated as of 5/3/2026.

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9516 S KOLIN Avenue

Multi-Family Home for sale in Oak Lawn, IL

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