9714 SW Highway

Oak Lawn, IL 60453

$349,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully Rehabbed Mixed-Use Property - Prime Investment Opportunity! This beautifully rehabbed mixed-use property, renovated inside and out (2021), offers the perfect blend of commercial and residential spaces with immediate income potential. Located in a highly desirable area with low taxes, this property is an exceptional find. The lower level features 2 office spaces, a reception area, a "break room," and a bathroom. With current month-to-month renters, it offers flexibility and consistent income...Fully Rehabbed Mixed-Use Property - Prime Investment Opportunity! This beautifully rehabbed mixed-use property, renovated inside and out (2021), offers the perfect blend of commercial and residential spaces with immediate income potential. Located in a highly desirable area with low taxes, this property is an exceptional find. The lower level features 2 office spaces, a reception area, a "break room," and a bathroom. With current month-to-month renters, it offers flexibility and consistent income for investors. The top floor offers a modern 2-bedroom, 1-bathroom residential unit with a spacious kitchen, open living room, and the convenience of an in-unit washer and dryer-ideal for rental income or owner occupancy. Exterior upgrades include new concrete in the yard, a new fence, tuck pointing, and the addition of 12 parking spots, making this property even more appealing to tenants and businesses alike. With its prime location, 2021 renovation, and excellent layout, this property is a must-see for investors or business owners seeking a turnkey opportunity!
  1. Listed by Emily Frost • Healy Real Estate

Property Details for 9714 SW Highway

Area
Oak Lawn
Township
Worth
Num of Interior Fireplaces
0
Zoning
OTHER
LISTING UPDATED: 10/16/2024 12:07 AM

Property Details for 9714 SW Highway

StatusActive
MLS #12184863
Days on Market15
Taxes$4,966 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1950
Lot Size0.13 AC / 5,750 SF
CountyCook County

Building Information for 9714 SW Highway

Stories2Residences3Year Built1950Lot Size0.13 AC / 5,750 SF

Property Information for 9714 SW Highway

General Information
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: Short Notice OK,Show-Lock Box
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Flooring: Tile, Wood
  • # Of Washers: 1
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • # Of Window/Ac: 2
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 50X115
  • Lot Size Square Feet: 5750.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 1800
  • # Of Offices: 2
  • # Of Ranges: 1
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 18
Miscellaneous
  • Current Use: Other
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $60.00
  • Gross Income: $31,200.00
  • Gross Scheduled Income: $31,200.00
  • Insurance Expense: $190.00
  • Total Monthly Income: 2600
  • Operating Expense: $.00
  • Trash Expense: $53.00
  • Water Sewer Expense: $45.00

Property History for 9714 SW Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9714 SW Highway

Taxable ValueLand$1,581Additions$3,919Total$5,500
Tax Record2019$1,786 ($149 / month)
Home Facts
Baths3Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size2,875 SqFtStyleMulti-Family Res (5+ Units)Year Built1940CountyCOOKAPN24-08-119-017

Schools near 9714 SW Highway

This home is within Oak Lawn Chsd 229 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Columbus Manor Elementary School
PublicPK to 5

Simmons Middle School
Public6 to 8

Oak Lawn Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9714 SW Highway is a mixed use property for sale in Oak Lawn, IL 60453. This property was listed for sale on October 10, 2024 by Healy Real Estate, it's currently listed at $349,000. It has been on the market for a total of 15 days and was last sold on March 28, 2019. This listing's school districts are Oak Lawn Chsd 229 School District, Ridgeland School District 122. Nearby schools include Columbus Manor Elementary School, Simmons Middle School and Oak Lawn Community High School. 9714 SW Highway is a 0-bed, 0-bath, mixed use property built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Healy Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/16/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.