9424 Kolmar Ave, Oak Lawn, IL 60453

0.34 Acres of Residential Land Offered at $263,500 USD in Oak Lawn, IL 60453

Date Added:
September 16, 2024
Days on Market:
27 days

Asking Price $263,500

Property Type
Land
Square Feet
14,810 SF

Listing Contacts

John Nugent

Property Overview

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.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • multifamily zoning

All available spaces

Space
Lot 1
Size
14,810 SF
Price
$263,500

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