Oak Lawn IL Real Estate & Land for Sale

Spacious premium lot zoned multi family; Lot is 110'x132.79'. Can build one larger structure or 2 buildings. One can build 2 two flats. Can have approximately 9 units for condos or apartments with a variance. Or about 6-8 townhouses, again with a variance. It is 3.5 lots & 10' of rear vacated alley. There are three separate pins: 24-03-160-47-0000; 028, & 029. South lot is 60'x133' & north lot is 50'x133'. Existing house & garage are occupied by a good cooperative tenant on a month-to-month basis ($1,950/mo.). House is 24.3'x44.4' (1,079 sq.ft). Garage is 16.4'x36.4'. Tenant is willing to stay until the project is ready. Owner has some potential plans (9 units) that are possible to use here. Owner is willing to cooperate to assist with the village if needed. This pocket west of the Hospital is almost all multifamily. There is a condo project of 10 units to the South. Most of the rest of Kolmar Av. is 2-3 units buildings. Showings after all diligence.

RARE LAND AVAILABLE FOR MULTIFAMILY USE IN INNER SOUTHWEST SUBURBS. ZONED R-3 FOR MULTI FAMILY. MANY OPTIONS WORK HERE. THIS CAN BE A LARGE 9 UNIT APARTMENT OR CONDO BUILDING (WITH A PARKING VARIANCE). THIS LOT ALSO CAN BE TWO 2-4 UNIT BUILDINGS. ALSO, ONE CAN BUILD 6 TOWNHOUSES. 6 UNITS WITH 12 PARKING SPACES IS ALLOWED NOW. MAYBE A POSSIBLE GROUP HOME? THIS PRIME PARCEL IS LOCATED IN THE HEART OF THE VILLAGE OF OAK LAWN'S DOWNTOWN & HISTORIC AREA. WALK TO THE METRA, 95TH ST. BUS, SMALL SHOPS & STORES, RESTAURANTS, LIBRARY AND THE NEW PETE'S MARKET COMING SOON. EASILY 6-9 UNITS CAN BE PLACED ON THE PROPERTY (DEPENDS ON THE SQUARE FOOTAGE OF EACH UNIT). CURRENT CODE IS 2 SPOTS PER UNIT BUT PLENTY NEAR HERE HAVE HAD VARIANCES. THERE IS BOTH STREET AND ALLEY ACCESS TO THE LOT TO MAXIMIZE PARKING VERSATILITY. THIS IS AN AWESOME LOCATION! LOT SIZE IS 75' X 123.27'. SELLER HAS PLANS FOR A STATE-OF-THE-ART NEW APARTMENT BUILDING. CLOSE TO LAKESHORE PARK. ZONING ALLOWS 9 UNITS BUT NEED A PARKING VARIANCE IF 7+, BUT OTHERS NEARBY HAVE HAD VARIANCES. THIS CAN BE A PROJECT THAT ALL THE SOUTHWEST TALKS ABOUT! THE SELLER HAS A 2ND MULTI FAMILY PARCEL IN TOWN AVAILABLE AS WELL (9424 S. KOLMAR) THAT CAN PACKAGE TOGETHER

Outdoor parking, 1 of 11 spaces in Oaks Edge Condominiums