5550 115th St

About 5550 115th St

5550 115th St in Oak Lawn sits at 115th Street and Cicero Avenue near the Little Calumet River. The address reads 5550 115TH ST, OAK LAWN, IL. The property is a 5-story mid-rise condo with 8 units, and homes occupy the 3rd and 5th floors. The structure was built in 2002. Units have 2 bedrooms and range from 1,200 to 1,500 sq ft. The size band keeps layouts similar across homes. Floor plans place living space and sleeping areas on the same level to simplify circulation. Ceiling heights and room proportions follow a consistent plan to make furnishings straightforward. Prices ran from $227,000 to $260,000 in recent transactions. The average closed price is $243,500 and the average price per sq ft is $168. Properties in the building spend 65 days on the market on average. Those metrics give a clear picture of local buyer activity and timing. The property has elevator access and a secure ground-level foyer for controlled entry. Parking includes garage spaces and an indoor heated garage to protect vehicles in winter. Maintenance covers assigned parking spaces included with homes. Some units have private balconies and one penthouse balcony provides extra outdoor space. Nearby services and businesses include Jenny's Steak House, Sprinkler Fitters & Apprentice, and Pennant Foods. The neighborhood uses 115th Street as the main east-west route and Cicero Avenue as the primary north-south corridor. Transit and local roads connect to wider highway routes without changing the immediate street pattern.