6309 95Th StOak Lawn, IL 60453

Property Details for 6309 95Th St

Year built

1997

Lot size

0.07 AC

Property type

Retail space

Property subtype

Storefront properties

APN

24-08-101-006

APU

2408101006

Description

This exceptional Class A medical office building, located at 6309 W 95th St in Oak Lawn, IL 60453, offers 30,455 square feet of prime space. The property boasts 15 suites, with 13,000 square feet currently available, divisible to a minimum of 2,000 square feet. Built in 1986 and extensively renovated in 2024, the three-story building sits on two acres of land and features ample parking (55 spaces across three lots), two elevators, and pylon signage opportunities. The building is ideally situated along busy 95th Street, experiencing 45,000 vehicles daily, and benefits from convenient access to Pace Bus routes #381 and #395. Its strategic location is just 2.5 miles west of Advocate Christ Medical Center and 4.5 miles west of OSF Little Company of Mary Hospital, providing excellent visibility and accessibility for medical professionals. Additional nearby amenities include the Chicago Ridge Mall (one block east) and the Oak Lawn Metra Train Station (1.5 miles west), offering convenient access to Chicago Union Station via the SWS line. The property's zoning is designated for Medical/Office uses. The building's strong location is supported by a substantial population base: nearly 75,000 people reside within a two-mile radius, and over 366,000 within a five-mile radius, with average household incomes of $77,746 and $86,921 respectively, and median ages of 38.5 and 38.2 respectively. Property taxes are $7.28 per square foot. This is a truly exceptional opportunity for medical practices or other office users seeking a high-profile location with excellent amenities and strong demographics.

• CAP approach

  CAP return

  Valuation

  6%

  $1,476,300

  6.5%

  $1,362,739

  7%

  $1,265,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,025,719

  Geo Method

  $1,025,719

• Alternative Use

  Use

  Valuation

  Residential

  $1,149,521

  Hospitality

  $1,052,955

  Educational

  $876,046

  Medical

  $906,175

  Retail

  $1,362,739

Location Insight

City

Oak Lawn

County

Cook

State

Illinois

Latitude

41.7193

Longitude

-87.7781

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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