5633 Edge Lake Dr - Apartments FOR SALE


Oak Lawn, IL 60453
$800,000 USD
312-957-7213
5633 Edge Lake Dr, Oak Lawn, IL for Sale
$800,000 USD
Apartments - FOR SALE
1/7
null | 6.93% Cap Rate

5633 Edge Lake Dr
Oak Lawn, IL 60453


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • High Upside Potential
  • Off-Street Parking & Amenities
  • Strong Rental Demographics
  • Quality Of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 5633 Edge Lake Drive in Oak Lawn, IL (the “Property”). The two-story building contains three (3) 2-Bedroom/1-Bathroom units and one (1) 4-Bedroom/2-Bathroom unit with 4,400 square feet of gross living area and 8,750 square feet of gross area. The Property is situated upon a 0.20-acre parcel and offers four (4) off-street parking spaces. 5633 Edge Lake Drive in Oak Lawn, IL is located in the desirable Lake Louise Apartments complex, close to Stony Creek Golf Course and set within a quiet suburban neighborhood in southwest Cook County. The property benefits from proximity to scenic parks and recreational areas, as well as convenient access to daily amenities, schools, and major retail destinations including the State Road Plaza and commercial corridors along 95th Street. Residents enjoy a relaxed, pedestrian-friendly setting with reliable public transportation links and a wide selection of shopping, dining, and entertainment options nearby, making it an appealing residential address with both tranquility and connectivity to greater Chicago.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

6.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5633 Edge Lake Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

24-17-201-057-0000

ASK ABOUT THIS PROPERTY

Danny BreiterHorvath & TremblayMore Info
312-957-7213

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Danny BreiterHorvath & TremblayMore Info
312-957-7213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.