9522 S 53rd Avenue

RARE LAND AVAILABLE FOR MULTIFAMILY USE IN INNER SOUTHWEST SUBURBS. ZONED R-3 FOR MULTI FAMILY. MANY OPTIONS WORK HERE. THIS CAN BE A LARGE 9 UNIT APARTMENT OR CONDO BUILDING (WITH A PARKING VARIANCE). THIS LOT ALSO CAN BE TWO 2-4 UNIT BUILDINGS. ALSO, ONE CAN BUILD 6 TOWNHOUSES. 6 UNITS WITH 12 PARKING SPACES IS ALLOWED NOW. MAYBE A POSSIBLE GROUP HOME? THIS PRIME PARCEL IS LOCATED IN THE HEART OF THE VILLAGE OF OAK LAWN'S DOWNTOWN & HISTORIC AREA. WALK TO THE METRA, 95TH ST. BUS, SMALL SHOPS & STORES, RESTAURANTS, LIBRARY AND THE NEW PETE'S MARKET COMING SOON. EASILY 6-9 UNITS CAN BE PLACED ON THE PROPERTY (DEPENDS ON THE SQUARE FOOTAGE OF EACH UNIT). CURRENT CODE IS 2 SPOTS PER UNIT BUT PLENTY NEAR HERE HAVE HAD VARIANCES. THERE IS BOTH STREET AND ALLEY ACCESS TO THE LOT TO MAXIMIZE PARKING VERSATILITY. THIS IS AN AWESOME LOCATION! LOT SIZE IS 75' X 123.27'. SELLER HAS PLANS FOR A STATE-OF-THE-ART NEW APARTMENT BUILDING. CLOSE TO LAKESHORE PARK. ZONING ALLOWS 9 UNITS BUT NEED A PARKING VARIANCE IF 7+, BUT OTHERS NEARBY HAVE HAD VARIANCES. THIS CAN BE A PROJECT THAT ALL THE SOUTHWEST TALKS ABOUT!