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9516 S Kolin Ave
Oak Lawn, IL 60453
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Desirable location - southwest suburbs
  • Low expenses
  • 100% occupancy
  • Solid brick building

Executive Summary

*** PRINCIPLES ONLY***
Fully rented 6 Unit brick building for sale in the heart of Oak Lawn IL.
8.3% CAP RATE
Desirable location in highly divers and densely populated southwest suburb with great demand for rental properties.
Turn key building binging annual NET income of $79,000. With annual rental income of $103,200 plus additional income from coin laundry and low expenses $29,000/ yr- this is a great cash flow property. Tenants pay their own gas bill.
*** PRINCIPLES ONLY please***

Property Facts

Price Per Unit $215,675 CAD
Sale Type Investment
Cap Rate 8.30%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 6,720 SF
Average Occupancy 100%
No. Stories 3
Year Built 1965

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 5 - -

Property Taxes

Property Taxes

Parcel Number
24-10-200-014-0000
Land Assessment
$8,118 CAD
Improvements Assessment
$76,335 CAD
Total Assessment
$84,454 CAD
  • Listing ID: 40303926

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 9516 S Kolin Ave, Oak Lawn, IL 60453

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