Wow look at this (10+ CAP Rate) Opportunity to own a versatile multi-unit commercial building in the heart of Oak Lawn. This well-maintained property features three approximately 1,000 sq. ft. units, all currently leased, providing immediate income potential. Ideal for an owner-user looking to operate their business in one unit while collecting rental income from the other two spaces. The flexible layout allows for a wide variety of uses including office, dental, medical, legal, real estate, accounting, and many other professional services. The property offers ample storage space, an overhead door for convenient access, and approximately 10 parking spaces with parking available in both the front and rear of the building. Recent improvements include newer A/C units and furnaces for all three units, a newer roof, and updated bathrooms. Situated in a prime Oak Lawn location with high daily traffic counts, providing excellent exposure and accessibility for businesses. A great opportunity for both investors and business owners looking for strong location, income potential, and long-term value.
Exceptional opportunity to open or expand your business in a well-established medical and professional corridor. This one-story vacant medical/office building has been owned and meticulously maintained by a highly successful physician for many years, reflecting pride of ownership throughout. Ideally suited for a general practice medical office, dental practice, legal, accounting, or a wide range of professional uses, several units are already configured with exam rooms, private physician offices, reception area, and waiting area. The building offers 4,218 square feet of building area, and is situated on a highly visible site with traffic counts of approx. 29,800 vehicles per day. The property includes 25 on-site parking spaces, providing excellent convenience for both staff and clients. The true value lies in the central, high-demand location just steps from Advocate Christ Hospital. With strong visibility, accessibility, and significant upside potential, this property presents a rare opportunity in a prime location. Don't delay! this is your chance to secure a standout professional building with exceptional long-term value.
Unique opportunity... Beautifully appointed and constructed church campus - Pilgrim Faith United Church of Christ - this congregation is merging and moving to a new Oak Lawn location. The current church offers 3,000 sq ft of worship space with a welcoming narthex or gathering area, houses approximately 350-400 worshippers in 40 wooden and cushioned pews. There is a balcony choir loft with access from the entrance gathering space, along with an elevator, and nearby restrooms. The church basement is about 2,209 sq ft with a full kitchen, stage, 10-ft ceilings, and access to additional meeting/conference rooms. The church has hot water baseboard heat and two C/A systems (one currently not operating). Adjacent to the north of the church are two attached annexes - the center annex offers complete office/administration space along with private meeting areas and a conference room. The two-story north annex offers upper-level art studios/classrooms and a lower-level meeting hall with private full kitchen ideal for serving large groups. Behind the church, on Sproat Avenue is an all-brick two-story parsonage currently rented through Spring, 2026. Most of the windows throughout have been replaced 7-10 years ago with vinyl clad windows. The roofs are - sanctuary 15 yrs., annex 25 yrs, parsonage 8-10 yrs. The utility/boiler room houses the ten-zone heating system for the church and offices. The parsonage has hot water baseboard heat and a C/A system. There is a working fire alarm system that's about 10 years old - checked and certified frequently. Most of the electric is circuit breakers with sub-panels located throughout the facility. Many of the annex spaces are rented to private entities (no long-term leases) - would like to stay with the new owner if possible. A huge parking lot can accommodate 60 +/- vehicles. The parsonage has an attached garage. Throughout the congregational facility there are nine half-baths for convenience. The parsonage has four bedrooms, and 2.2 baths - along with a formal dining room, and modern updated kitchen - a full finished basement has a laundry/utility room and walk-out access. Floor plans for some of the annex areas are available under Additional Information. This parcel has five PINS and is tax exempt currently. The religious facility has approximately 17,300 sq ft in total with nearly 8,000 sq ft of basement/lower-level space. The parsonage is about 2,540 sq ft with basement space of 1,700 sq ft. The entire facility is set on nearly 90,000 sq ft, or roughly 2.05 acres. Ideally located near the Oak Lawn train station and near all amenities, this COMMODITY property allows for many purposes - worship facility or repurpose and transition into residential uses. Truly a special and historic part of Oak Lawn - looking for the highest and best user of this space to be a benefit and asset to the Oak Lawn community. The mission of this congregation has been, "No matter who you are or where you are on life's journey, you are WELCOME at Pilgrim Faith."
Offering a prime investment opportunity in Oak Lawn, IL: 6417-6421 W 87th St. The well-maintained property boasts a 15,810 SF building on a +/-48,138 site (roughly 1.10 acres) Features 6 fully leased units. The property offers a solid revenue stream from day one. Renovated in 2025, it presents a contemporary, attractive space for tenants and shoppers alike. Situated in the Chicago MSA at the Oak Lawn & Burbank borders, this Fully occupied strip center is a beacon for retail investors seeking a stable, high-performing asset in a thriving market. With its strategic location and strong tenant base, this property represents an exceptional addition to an investment portfolio.
Prime Commercial Opportunity on Southwest Highway! This well-maintained freestanding retail/office building offers exceptional visibility and accessibility in the heart of Oak Lawn. Situated on a high-traffic corridor, this property features ample parking, a modern facade, and flexible interior space suitable for a variety of uses including medical, retail, office, or service-based businesses. The building offers 5500 SF of usable space with a functional layout, 8 private offices, open reception/work area, and a kitchenette. Recent updates include roof , HVAC , interior renovations and and sprinkler system. Surrounded by national retailers, restaurants, and professional services, this location benefits from strong demographics and foot traffic. With excellent signage potential and public transportation nearby, this is an ideal property for an owner-user or investor looking for a turnkey space in a thriving commercial area. Schedule your private tour today!
Presenting the opportunity to acquire a stabilized investment property in a transit-oriented location in the Chicago suburb of Oak Lawn. The building is currently fully occupied by an office user and residential tenant, but is also available in an owner/user capacity. Located on busy 95th Street near the Oak Lawn Metra train station, the property is directly visible to 29,800 daily vehicles on the active trade corridor. 48 hours notice. POF or Preapproval
GREAT OPPORTUNITY TO OWN THE SUCCESSFUL LONGWOOD ARTS MEDICAL CENTER. THIS CAN BE AN INVESTMENT PROPERTY WITH SEVERAL TENANTS ALREADY IN PLACE OR PURCHASER CAN EXPAND THEIR OWN PRACTICE/BUSINESS ENTIRELY INTO THIS WELL ESTABLISHED NEIGHBORHOOD MEDICAL/OFFICE COMPLEX. PERFECT FOR GENERAL PRACTICE DOCTORS OFFICE, DENTIST, PSYCHIATRIST, LAWYER, ACCOUNTANT AND A MULTITUDE OF OTHER POSSIBLE USES. THERE ARE CURRENTLY MULTIPLE DOCTOR PRACTICES WORKING FROM THIS LOCATION (INCLUDING NORTHWESTERN & RUSH). THERE IS A VERY LARGE COMMON WAITING ROOM AND HUGE PARKING LOT. GREAT LOCATION WHERE YOUR BUSINESS WILL BE SEEN. *28,500 VEHICLES PER DAY*

Oak Lawn is located in Illinois. Oak Lawn, Illinois has a population of 58,032. Oak Lawn is more family-centric than the surrounding county with 33.11% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Oak Lawn, Illinois is $70,787. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Oak Lawn is 41.3 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 39.1 inches per year, with 31.8 inches of snow per year.