5000 West 111th Street

5000 West 111th Street in Oak Lawn, IL was first built in 1968 and is 56 years old. This has been categorized as a industrial property type. For those interested in architecture, the building on the property was built in a unknown style. 5000 West 111th Street has 13,537 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 53,143 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $2,000,000 in Mar 17, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $68,781 in taxes each year. 5000 West 111th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $243,874. If we break it down further, the land itself was valued at $66,600. Improvements to the property, however, were assessed at a total of $177,274. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.