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    4800 157Th St Oak Forest, IL 60452

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    For Lease
    $30 SF/Yr ($5,272 /Mo)

    Retail space with high exposure near transportation and amenities.

    Property size:
    2,109 SF
    Lot size:
    1.39 Acres

    Property Features for 4800 157Th St

    General Information

    Size
    2,109 SF
    Lot size
    1.39 Acres

    Source: Strauss Realty, Ltd. Agent Craig Wolf

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

    Overview

    Retail Space on Cicero Avenue

    This retail space offers significant exposure on Cicero Avenue. The property is accessible, located near Highway 57 and a five-minute walk from the Oak Forest Metra Station. Waverly Creekside Park, a 1.5-acre park, is also within a five-minute walk, situated two blocks away. Nearby businesses include Beggars Pizza, Marcotte’s Bar and Grill, The Original Pancake House, and Blarney Stone Pub. The property is available for lease under an NNN lease type and has a size of 2109 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -87.738113
    Latitude
    41.607104

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    FAQs

    What type of property is this?
    Retail space - Retail space with high exposure near transportation and amenities.
    Where is this retail space located?
    The property is located at 4800 157Th St Oak Forest, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Great exposure on busy Cicero Avenue; - NNN Lease Type; - Close to Highway 57
    (847) 989-9653
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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
    4800 157Th St Oak Forest, IL 60452
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