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    4815 155Th St Oak Forest, IL 60452

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    For Lease
    $900 /Mo ($2 SF/Yr)

    Affordable retail location in business-friendly Oak Forest, Illinois.

    Property size:
    5,000 SF
    Lot size:
    5,000 SF

    Property Features for 4815 155Th St

    General Information

    Size
    5,000 SF

    Source: Derek Gonsch Agent Derek Gonsch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Oak Forest

    This retail space is located in Oak Forest, Illinois, near the stoplight intersection and just off the main road. The brick and concrete building features a flat vinyl roof. The parking lot and building have been maintained with upgrades completed in the last 5 years. Utilities are shared among the tenants. The property has two egresses and an outdoor play area. The location offers businesses the opportunity to benefit from the high-traffic area, while also providing privacy and ease of operation. From the intersection of 155th St and Cicero Ave, head west 1 block. The building is on the north side of the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pup N Suds Pet Groomer Gary's Barber Shop Barber Shop Acorn Child Care ... Day Care Center Chroma Q'lore Hair Salon Egyptian blow dry ... Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Forest
    County
    Cook
    State
    Illinois
    Longitude
    -87.7375924
    Latitude
    41.6102456

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      Oak Forest Commercial Lease Opportunity

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    FAQs

    What type of property is this?
    Retail space - Affordable retail location in business-friendly Oak Forest, Illinois.
    Where is this retail space located?
    The property is located at 4815 155Th St Oak Forest, IL.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location near a stoplight intersection and just off the main road.; - Affordable lease opportunity suitable for small-scale operations.; - Well-maintained building and parking lot with upgrades in the last 5 years.
    (708) 267-9988
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4815 155Th St Oak Forest, IL 60452
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