Downtown Oak Lawn Multi-Tenant Retail (7,136 SF – 5 Stores)

The Village of Oak Lawn is located 15 miles southwest of downtown Chicago. For generations, Oak Lawn has offered a strong location for businesses seeking accessibility and connectivity. With easy access to major highways such as I-294 and I-55, as well as proximity to Midway International Airport, Oak Lawn serves as a gateway to regional and national markets. Oak Lawn boasts a dynamic and diverse population of approximately 56,000 residents, providing a robust consumer base for businesses of all kinds. With a median age of 41 years, Oak Lawn reflects a balanced mix of professionals, families, and retirees, offering ample opportunities for businesses catering to various demographics. Oak Lawn is home to a thriving business community, with a strong focus on healthcare, retail, and professional services. The presence of notable healthcare institutions like Advocate Christ Medical Center and Little Company of Mary Hospital contributes to the area’s reputation as a regional healthcare hub. Additionally, Oak Lawn’s vibrant retail corridors, including 95th Street and Cicero Avenue, attract shoppers from across the region, making it an ideal location for retail businesses looking to capitalize on high foot traffic. 95TH STREET – OAK LAWN Stretching through the heart of Oak Lawn, 95th Street stands as the epitome of commercial vitality, offering a dynamic array of retail experiences that cater to every need and desire. As the main thoroughfare of Oak Lawn, this bustling corridor boasts a rich tapestry of shops, restaurants, and services, making it the go-to destination for locals and visitors alike.ACO Commercial is pleased to offer, for sale, 5362-5370 W. 95th Street, a five-unit, 7,136 SF retail property on the northeast corner of 95th Street and 54th Avenue in Oak Lawn, Illinois. The property is the subject of an estate sale by decades long ownership. 5362-5370 W. 95th Street benefits from a corner, signalized location on 95th Street, near the Oak Lawn Village Hall and master-planned downtown re-development anchored by the Metra commuter rail station. Currently the property is 100% occupied by long-term tenants at below market rental rates, the majority of whom are on month-to-month leases. The offering provides an investor or user to acquire a high visibility asset with strong historical occupancy, in a highly desirable retail corridor. Oak Lawn, Illinois is a village of approximately 56,000 residents, located 15 miles southwest of downtown Chicago. Oak Lawn benefits from vibrant retail corridors along 95th Street and Cicero Avenue, as well as and easy access to major highways such as I-294 and I-55. The Village initiated a comprehensive mixed-use development of its downtown area in 2002, anchored by the Village Hall and Metra Commuter Rail Station with a multitude of restaurants, shops, and residences. 5362-5370 W. 95th Street is being offered for $1,160,000 ($162.55 PSF), which reflects an in-place 7.67% cap rate.