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Corner Lot Office Building
For Sale
$389,900

5601 Victoria Drive Oak, Oak Forest, IL 60452

Office building on corner lot, suitable for medical or residential.

Property Size7,424 SF
Price / SF$52.52
Days on Market330

Property Features for 5601 Victoria Drive Oak

General Information

Standard status Active
Size 7,424 SF
Total Parking Spaces 32
Property subtype Office
Zoning 01

Building Details

Building Size 7,424 SF
Year Built 1973
Listing Agency: RE/MAX
Listed By: Lina Schwartz
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 20 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX

Investment Insights

Based on property information with market context.

This corner lot office building, currently used as medical offices by the long-term owner of 40 years, features a skylit reception area. The main floor offers two large, separate spaces with a shared reception area that allows access to both sides, presenting the option to lease out one half. The lower level has been demoed, with electrical infrastructure remaining in place, and provides a wide-open space for customization and visualization of potential main level modifications if the medical offices were removed for alternative uses. The property includes 32 parking spaces, including 2 disabled spaces, and a disabled ramp to the lower level. Security features include double-doored front and rear entrances, along with two side fire escape entrances. Men's and women's restrooms are available. The property is suitable for a new business professional or possible residential development. It is located in Oak Forest, across from Oak Forest High School.

Key Highlights

  • Prime corner lot location on Central and Victoria.
  • 32 parking spaces (including 2 disabled spaces).
  • Versatile space suitable for office, medical, or potential residential development.

Property Analytics

Current Use

Pisit Rangsithienchai, MD Pediatrician Angspatt-Pisit Medical Clinic Dr. Sheela Jayaram ... Pediatrician Dr. Pitud Rangsithienchai Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60452, IL

27,363
Population
10,557
Households
2.6
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$89,167
Median Household Income
$47,519
Median Earnings
$1,287
Median Rent
$249,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Office building on corner lot, suitable for medical or residential.
Where is this medical office space located?
The property is located at 5601 Victoria Drive Oak Oak Forest, IL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Prime corner lot location on Central and Victoria.; 32 parking spaces (including 2 disabled spaces).; Versatile space suitable for office, medical, or potential residential development.
More about this property
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