14808 Cicero Avenue Oak Forest, IL $ 749,000
14808 Cicero Avenue
$ 749,000
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14808 Cicero Avenue

Oak Forest, IL, 60452
$ 749,000
Bedrooms-- Baths-- Sq 4,900

Monthly Estimate*

$ 5,173

14808 Cicero Avenue, Oak Forest, IL 60452 - Image 1
14808 Cicero Avenue, Oak Forest, IL 60452 - Image 2
14808 Cicero Avenue, Oak Forest, IL 60452 - Image 3
14808 Cicero Avenue, Oak Forest, IL 60452 - Image 4
14808 Cicero Avenue, Oak Forest, IL 60452 - Image 5
14808 Cicero Avenue, Oak Forest, IL 60452 - Image 6
14808 Cicero Avenue, Oak Forest, IL 60452 - Image 7

Commercial Property for sale in Oak Forest, IL

for $749,000. This 4,900 square foot building was built in 1984 on a lot size of 0.631956.

SVN Proudly presents this unique and profitable investment opportunity on busy Cicero Ave. The portfolio consists of one multi tenant office building and one 3-unit retail center. The buildings were proudly owned for nearly a decade and were maintained meticulously during the current ownership. The current owner manages the building himself, and completes the majority of the renovations themself as well. This building is located within a TIF district. There are 2 common bathrooms on each floor of the office building, and each retail tenant has their own private bathroom. The building has new copper pipes throughout. The carpeting throughout the common areas was redone a few years ago. All interior doors have been replaced under current ownership. The roof was replaced in 2017. HVAC systems are approximately 4 years old. This building has a lot of character, and would be an excellent place to house a number of businesses, there have been no issues renting space in the past. Do not let this opportunity pass you up, it will make a great addition to any investors portfolio.

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Commercial Active

Price

$ 749,000

Property Type

Commercial

Taxes

$ 23,313

Style

Medical/Dental

Lot Size

0.631956

Year Built

1984

Town/City

Oak Forest

County/Region

Cook

MLS | Web ID

12791038

Features
General
Cooling Central Air Central Individual
Year Built 1984
Electric Circuit Breakers
Stories Count 2
Tax Year 2025
Current Use Medical/Dental
Gross Income 102000
County Cook
Net Operating Income 71607
Operating Expense 30393
Property Type Commercial Sale Office/Tech
Status New
Directions Located a block south of the 147th/Cicero intersection the property is on the west side of the street.
City Oak Forest
MLS Area Oak Forest
Lot Size Square Feet 27528
Tax Annual Amount 23313
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
Cap Rate 9.55
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Exterior
Building Area Total 4900
Lot Dimensions 248x111
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* Excluded Features
List By
Sperry Van Ness

Broker

derek.gonsch@svn.com

Email

Affordability Calculator

$7,116
Per Month
73%
27%
0%
Monthly Principal & Interest
$5,173
Monthly Property Taxes
$1,943
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$749,000 Listed Price

Map


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14808 Cicero Avenue, Oak Forest, IL, 60452 is a Commercial Property for sale at $749,000 with 4,900 sqft and a lot size of 0.631956. 14808 Cicero Avenue was built in 1984. The property's zip code is 60452 which is in Oak Forest, IL