Mixed-Use Property With
New
For Sale
$2,420,000
15524 S Cicero Avenue, Oak Forest, IL 60452
Combination of occupied storefronts and multifamily residences with garage and exterior parking for residents.
Property SizeContact for details
Days on Market3
Property Features for 15524 S Cicero Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$64,609
Amenities
Central air
Central Air Cooling
Building Details
Year Built
2007
Listing Agency:
FLATS, LLC
(312) 506-3200
Listed By:
MELISSA MORGAN · License #475165598
(847) 456-1206
Source:
Corcoran
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 16 at 1:50PM
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 FLATS, LLC
Investment Insights
Based on property information with market context.
This 2007 mixed-use property combines three retail spaces with ten multifamily units. The storefronts are occupied by a salon, barbershop, and eyebrow threading studio. The residential component includes two 1-bed units and eight 2-bed units, creating a varied unit mix within the same property. Ten total garages and one exterior space per unit support resident parking.
The property is located in Oak Forest along Cicero Ave, with dining and retail options nearby. The Oak Forest Metra Station is 0.5 miles away and provides service toward Downtown Chicago. PACE bus service along Cicero Ave connects with the CTA Midway Station and surrounding suburbs. Midlothian Meadows is also nearby, offering woodland trails, outdoor recreation, and picnic areas.
The property is located in Oak Forest along Cicero Ave, with dining and retail options nearby. The Oak Forest Metra Station is 0.5 miles away and provides service toward Downtown Chicago. PACE bus service along Cicero Ave connects with the CTA Midway Station and surrounding suburbs. Midlothian Meadows is also nearby, offering woodland trails, outdoor recreation, and picnic areas.
Key Highlights
- Three retail units occupied by a salon, barbershop, and eyebrow threading studio
- Ten multifamily units: two 1‑bed and eight 2‑bed units
- Ten total garages plus one exterior space per unit
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combination of occupied storefronts and multifamily residences with garage and exterior parking for residents.
Where is this mixed-use property located?
The property is located at 15524 S Cicero Avenue Oak Forest, IL.
What is the asking price?
The asking price for this property is $2,420,000.
What are key features of this property?
This property features: Three retail units occupied by a salon, barbershop, and eyebrow threading studio; Ten multifamily units: two 1‑bed and eight 2‑bed units; Ten total garages plus one exterior space per unit
