5633 Edge Lake Dr, Oak Lawn, IL

Name: 5633 Edge Lake Dr, For Sale in Oak Lawn - eXp Realty
Brand: Keller Williams ONEChicago
SKU: 12780659
Price: 825555 USD

House

For Sale

Listed price in listed location currency (USD).

$825,555

1056

MLS® 12780659

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage Yes

Taxes $15,789

Days Active 0

Lot Size 0.2 Acres

Approx. Age 1972

MLS® Number 12780659

Property Address: 5633 Edge Lake Dr, Oak Lawn, IL, 60453-6468

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity to own a 4-unit multifamily property in a desirable Oak Lawn location with immediate income potential, house-hacking flexibility, and room to think bigger about the future. The unit mix includes three spacious 2-bedroom, 1-bath apartments plus an expansive owner's duplex-down featuring 4 bedrooms, 2 bathrooms, and a finished lower level with in-law space built out. For an owner-occupant, this creates a rare chance to enjoy substantial living space while income from the additional three units helps support the cost of ownership. For an investor, it offers multiple income streams in a strong suburban location just outside the city. Three of the four units have been recently rehabbed, giving the next owner a more turnkey asset with updated interiors and less immediate work to take on. The property also offers excellent parking and outdoor functionality, including four exterior parking spaces plus a 2.5-car garage, creating added convenience and value for both owners and tenants. Coin-operated laundry and dedicated tenant storage provide even more functionality and potential income. One of the most unique features of this opportunity is that the property already has a ready-built HOA structure in place to help maintain the shared exterior components of the property, creating a framework for organized ownership and long-term upkeep. For the buyer thinking beyond one building, this property offers an exciting starting point. Begin with these four units and potentially build toward ownership of an entire complex over time. It's the kind of asset that can serve as both a home and a foundation for a larger real estate portfolio. Ideally located near Stony Creek Golf Course, shopping, dining, everyday conveniences, and major transportation routes, the property delivers suburban space and accessibility while keeping Chicago within easy reach. Properties like this are exclusive and rarely available. Schedule your appointment today.

MLS® Number12780659

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1972

BasementFinished, Full

DrivewayGarage Door Opener, Yes, Garage Owned, Attached, Assigned, Garage Faces Rear, Garage

Garage Spaces

HeatNatural Gas

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 8, 2026List Date

$825,555List Price

Oct 30, 2025End Date

$756,427Sold Price

Sold

Sep 26, 2025List Date

$800,000List Price

Commute

Commute

Starting Address

Destination Address

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