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15524 S Cicero Avenue Oak Forest, IL $ 2,420,000
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$ 2,420,000 Get more info
15524 S Cicero Avenue
$ 2,420,000
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15524 S Cicero Avenue

Oak Forest, IL, 60452
$ 2,420,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,280

15524 S Cicero Avenue, Oak Forest, IL 60452 - Image 1
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Commercial Property for sale in Oak Forest, IL

for $2,420,000. This building was built in 2007 on a lot size of 0.644995.

The property consists of three (3) retail and ten (10) multifamily units. The retail spaces are rented by a salon, barbershop, and an eyebrow threading studio. The multifamily units are made up of two (2) 1-bed and eight (8) 2-bed units. The property also has ten (10) total garages and one (1) exterior space per unit. The property is well-located in Oak Forest. Residents have access to dining and retail options along Cicero Ave. The Oak Forest Metra Station is only .5 miles away, providing transportation to Downtown Chicago. The PACE bus also picks up along Cicero Ave, giving easy access to the CTA Midway Station and other surrounding suburbs. Residents can also enjoy easy access to the nearby Midlothian Meadows, a local woodland preserve with plenty of outdoor recreation and picnic areas.

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Commercial Active

Price

$ 2,420,000

Property Type

Commercial

Taxes

$ 64,609

Style

Lot Size

0.644995

Year Built

2007

Town/City

Oak Forest

County/Region

Cook

MLS | Web ID

12759921
Features
General
Cooling Central Air
Year Built 2007
Electric Other
Stories Count 3
Property Subtype Mixed Use
Tax Year 2025
Gross Income 287160
County Cook
Insurance Expense 6850
Property Type Commercial Sale Mixed Use
Status Active
Directions Exit I-57 to 159th Street heading west. Take right onto Cicero Ave. Property is on the left
City Oak Forest
Number Of Units Total 13
MLS Area Oak Forest
Lot Size Square Feet 28096
Tax Annual Amount 64609
Electric Expense 5775
Fuel Expense 672
Trash Expense 5305
Water Sewer Expense 8138
Standard Status Active
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Exterior
Lot Dimensions 28096 Sq. Ft.
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* Excluded Features
List By
Flats, Llc

Broker

melissa13@aol.com

Email

Affordability Calculator

$20,664
Per Month
74%
26%
0%
Monthly Principal & Interest
$15,280
Monthly Property Taxes
$5,384
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/15/2026$2,420,000 Listed Price

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15524 S Cicero Avenue, Oak Forest, IL, 60452 is a Commercial Property for sale at $2,420,000 with a lot size of 0.644995. 15524 S Cicero Avenue was built in 2007. The property's zip code is 60452 which is in Oak Forest, IL

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