16420 KILBOURN Avenue Oak Forest, IL ^$ 1,699,000

16420 KILBOURN Avenue

^$ 1,699,000

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16420 KILBOURN Avenue

Oak Forest, IL, 60452

^$ 1,699,000

Bedrooms-- Baths-- Sq 20,025

Monthly Estimate*

^$ 10,461

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Commercial Property for sale in Oak Forest, IL

for $1,699,000. This 20,025 square foot building was built in 1977 on a lot size of 1.31.

STAND ALONE INDUSTRIAL BUILDING WITH TWO INTERIOR DOCKS AND ONE DRIVE IN DOOR IN OAK FOREST. THE BUILDING IS 20,025 SF WITH ABOUT 4,500 SF OF OFFICE SPACE ON 1.3 ACRE LOT. ZONED I-1 INDUSTRIAL. HAS A MAIN OFFICE, CONFERENCE ROOM, AREA FOR CUBICLES, VESTIBULE, AN IT ROOM, KITCHEN & LUNCH ROOM, BLUEPRINT ROOM, SHOP MGRS OFFICE, 4 BATHROOMS AND STORAGE LOFT AREA. THE CEILING HEIGHT IS 18 FT CLEAR. DEMISING WALL SEPARATES THE WAREHOUSE SPACE FROM THE MANUFACTURING. THE ENTIRE BUILDING IS FIRE SPRINKLERED & FRESHLY PAINTED. HAS COOK COUNTY 6B PROPERTY TAX INCENTIVE IN PLACE WHICH EXPIRES IN 7 YEARS AND IS RENEWABLE. NEW CARPET, CEILING TILES AND WARHOUSE PARTIALLY PAINTED. NEWER LED LIGHTS WITH MOTIONS SENSORS. ALL RACKS AND OFFICE FURNITURE WILL STAY. HAS PLENTY OF PARKING. EASY AND QUICK ACCESS TO I-57, I-80, I-294 AND I-94. THE BUILDING HAS 800 AMP AND 3 PHASE SERVICE.

Commercial Contingent

Price

^$ 1,699,000

Property Type

Commercial

Taxes

^$ 24,859

Style

Industrial

Lot Size

1.31

Year Built

1977

Town/City

Oak Forest

County/Region

Cook

MLS | Web ID

12452259

Features

General

Cooling Central Air Office Only

Utilities Electric to Site Natural Gas Available Water Available

Possession Closing

Zoning INDUS

Construction Materials Brick Concrete Steel Siding

Year Built 1977

Electric Circuit Breakers Over 600 Amps Three Phase

Stories Count 1

Township Bremen

Tax Year 2023

Current Use Industrial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 24859

Property Type Commercial Sale Industrial

Contingency Attorney/Inspection

Possible Use Industrial

Status Contingent

Directions I-57 TO 167th STREET EAST TO KILBOURN AVE. NORTH TO THE BUILDING

City Oak Forest

Number Of Units Total 1

MLS Area Oak Forest

Lot Size Square Feet 57064

Tax Annual Amount 24859

Additional Parcels Y/N N

Leasable Area 20025

Lease Type N/A

Standard Status Active Under Contract

Interior

Flooring Carpet Concrete Tile

Exterior

Foundation Details Concrete Perimeter

Building Area Total 20025

Lot Dimensions 285 X 200

Lot Size Acres 1.31

Frontage Type City Street Public Road Paved

* Excluded Features

List By

Village Realty, Inc.

Broker

ruvallejo18@gmail.com;ruben@vrsrealty.com

Affordability Calculator

$12,533

Per Month

Monthly Principal & Interest: $10,461
Monthly Property Taxes: $2,072
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Commerical listings in Oak Forest, IL

Average List Price ^$744,600

Percent of Sale Price 56%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2026	$1,699,000		Listed Price

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16420 KILBOURN Avenue, Oak Forest, IL, 60452 is a Commercial Property for sale at $1,699,000 with 20,025 sqft and a lot size of 1.31. 16420 KILBOURN Avenue was built in 1977. 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 6.25% 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 3/28/2026.

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16420 KILBOURN Avenue

Commercial Property for sale in Oak Forest, IL

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