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Oak Lawn, IL Multifamily Homes & Duplexes for Sale

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  • /11

    $399,000

    • 4 Beds
    • 2 Baths

    9330 S 51st Ave, Oak Lawn, IL 60453

    Fully occupied 2 flat in a great residential area. Both tenants 10 + years renting, each unit 2 bed,1bath and a 3 car garage. Tenants pay gas and electric. Utilities all within 10 years and roof and siding 6-8 yrs. Huge yard / double lot. Beautiful back deck for BBQs. Deck needs some work, rear staircase replaced with 3 yrs. Such a great find in a fantastic school district and so close to

    Teri Campbell Century 21 Circle

    9330 S 51st Ave, Oak Lawn, IL 60453
  • /25

    $379,000

    • 4 Beds
    • 3 Baths

    5649 W 87th Place, Oak Lawn, IL 60453

    AMAZING 2 unit w/ finished garden unit in basement. Everything has been updated within the last 10 years. ALL electrical, copper plumbing, roof & windows were replaced. Oversized lot with 2 car garage and 2 PIN numbers. Long term tenants!

    Joanna Dlugopolski Listing Leaders Northwest, Inc

    5649 W 87th Place, Oak Lawn, IL 60453
  • /19

    $700,000

    • 9 Beds
    • 7 Baths

    10301 Mcvicker Ave, Chicago Ridge, IL 60415

    Updated and Meticulously Maintained 3-flat building in Chicago Ridge which is close to parks, shopping centers, and major expressways. The building also has a 4th unit (non-conforming) studio apartment which has 1 bedroom, 1 bathroom, and a kitchen. The building has 3 units currently occupied with all long-term tenants. There is a 2-car garage that is heated and there is ample parking space

    Adam Stafiera At Home Realty Group, Inc.

    10301 Mcvicker Ave, Chicago Ridge, IL 60415

Why Live in Oak Lawn

Oak Lawn, IL, a community of over 58,000 people in the Chicagoland suburbs, has seen significant redevelopment since a devastating tornado in 1967. The median home price in Oak Lawn is $267,000, lower than both the Chicago and national medians. Housing options include split-level homes, brick raised ranches, and condos in complexes like Shibui and West Edge. Despite a slight increase in property crime rates, Oak Lawn's crime statistics remain below the national average. The village's downtown area along 95th Street is bustling with coffee shops, restaurants, and local businesses, supported by an active Chamber of Commerce. Major employers include Advocate Christ Medical Center and numerous car dealerships. Commuters can drive to downtown Chicago via Interstate 55, take Pace buses, or use Metra's SouthWest Service. Chicago Midway International Airport is about 5 miles north. Oak Lawn students attend highly rated schools, including Oak Lawn-Homeland School District 123, Oak Lawn Community High School District 229, and Community High School District 218. The Oak Lawn Park District manages over 280 acres of parks, with Centennial Park being the largest at 38 acres, offering soccer fields, volleyball courts, a swimming pool, and an indoor recreational center. Wolfe Wildlife Refuge provides a habitat for over 100 bird species and is undergoing renovations. Downtown Oak Lawn hosts summer events and a Sunday Concert Series, and attractions include the Children's Museum with interactive exhibits.

Home Trends in Oak Lawn, IL

Housing Trends

Median Sale Price
$280,000
Median Single Family Sale Price
$334,373
Median Townhouse Sale Price
$243,500
Median 2 Bedroom Sale Price
$173,500
Median 1 Bedroom Sale Price
$122,000
Average Price Per Sq Ft
$197
Number of Homes for Sale
132
Last 12 months Home Sales
678
Months of Supply
2.30
Median List Price
$289,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
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