15240 S Cicero Avenue Oak Forest, IL ^$ 1,499,000

15240 S Cicero Avenue

^$ 1,499,000

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15240 S Cicero Avenue

Oak Forest, IL, 60452

^$ 1,499,000

Studio Baths0.0

Monthly Estimate*

^$ 9,352

15240 S Cicero Avenue, Oak Forest, IL 60452 - Image 1

15240 S Cicero Avenue, Oak Forest, IL 60452 - Image 2

15240 S Cicero Avenue, Oak Forest, IL 60452 - Image 3

15240 S Cicero Avenue, Oak Forest, IL 60452 - Image 4

Studio

Lots and Land for sale in Oak Forest, IL

for $1,499,000. The lot size is 3.2.

3.3 acres of prime commercial vacant Cicero Avenue Frontage in popular Oak Forest! Fully improved, cleared of all concrete, and environmentally clean, the site is ready for development. Economic enterprise zone with enhanced opportunity incentives for successive ownership. 2 enlarged curb cuts along Cicero Avenue and one along 153rd Street. Huge traffic counts! Near the busy corner of 147th and Cicero, there is a newer commuter train station and residential development. The largest vacant commercial development site on Cicero Avenue. 630 feet frontage at the NWC of 153rd Street and Cicero, and 220+ feet depth. "Ready-made" site for your next regional location shopping center, gas station, regional business retail, light commercial industrial, medical, or other potential users. A recent survey and an overview of recent site upgrades are available. Formerly Oak Forest Bowl!

Lots and Land Active

Price

^$ 1,499,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 46,957

Style

Commercial

Lot Size

3.2

Town/City

Oak Forest

County/Region

Cook

MLS | Web ID

12298077

Features

General

Utilities Electricity Available Natural Gas Available Sewer Connected Water Available

Possession Closing

Zoning COMMR

Township Bremen

Tax Year 2023

Current Use Commercial

Ownership Fee Simple

Additional Parcels Description 28162150350000 28162150560000 28162150570000 28162150580000 28162150590000 28162150600000 28162150550000 28162150530000 28162150470000 28162150450000

County Cook

Property Type Land Land

Possible Use Commercial Multi-Family Retail Other

Status Active

Directions 147th and Cicero South to NorthWestCorner of 153rd and Cicero Ave. Prime 630 feet of Cicero Avenue frontage

City Oak Forest

High School District 228

MLS Area Oak Forest

Tax Annual Amount 46957

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 228

Elementary School District 228

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 630X220

Lot Size Acres 3.2

Road Surface Type Asphalt Concrete

Frontage Length 630

Frontage Type City Street Public Road State Road US Highway

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Coldwell Banker Realty

Broker

cgroebe61@gmail.com;cgroebe61@gmail.com

Affordability Calculator

$13,265

Per Month

Monthly Principal & Interest: $9,352
Monthly Property Taxes: $3,913
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Oak Forest, IL

Average List Price ^$209,845

Percent of Sale Price 86%

About Oak Forest, IL

26,567 Population

-4% Since 2002

^$75,243 Median Income

39.2 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

564846 Elementary School

564767 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/16/2025	$1,499,000	-21.11%	Price Down
7/8/2025	$1,900,000	-23.97%	Price Down
2/26/2025	$2,499,000		Listed Price

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15240 S Cicero Avenue, Oak Forest, IL, 60452 is a Lots and Land for sale at $1,499,000 with a lot size of 3.2. 15240 S Cicero Avenue is a studio with 0.0 baths. The property's zip code is 60452 which is in Oak Forest, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/16/2025.

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15240 S Cicero Avenue

Lots and Land for sale in Oak Forest, IL

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