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Combined Office Units with Private Offices
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15859 Ridgeland Avenue, Oak Forest, IL 60452

Professional office condo with adaptable private and open work areas, natural light, parking, and a dedicated kitchen lunchroom.

Property Size4,000 SF
Days on Market3

Property Features for 15859 Ridgeland Avenue

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial
Zoning COMMR

Additional Details

Office Units 4

Taxes and HOA fees

Annual Taxes $26,916

Amenities

kitchen lunch room

Building Details

Building Size 4,000 SF
Year Built 1985
Buildings 1
Stories 1
Units 4
Listing Agency: Coldwell Banker Realty
Listed By: Charles Groebe · License #475091121
Source: Exit2newbeginningz
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 15 at 4:45AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This office condo includes four separately defined units that have been combined into one property, creating a flexible layout for multiple departments or operations. The interior includes open work areas, large private offices, four 1/2 baths, and a kitchen lunchroom with built-in cabinetry and storage. Numerous windows provide natural light, while office furniture and shelving may be available by negotiation.

The property is positioned at a signalized intersection of 159th Street and Ridgeland Avenue, across from Oak Forest National Golf Course and its walking path. Parking surrounds the building for staff and visitors. Zoning is COMMR, and the 1985 building is available for immediate occupancy.

Key Highlights

  • Four separately defined office units combined within one property
  • Open work areas paired with large private offices
  • Four 1/2 baths support the multi‑unit layout

Property Analytics

Current Use

Donahue Michael W ... Dental Office Jordan Insurance Services Insurance Agency Future Finance Loan Service FedEx Drop Box Postal Service

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Accounting Firm Storage Facility Daycare Center

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

Lease Details

4
Office units

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

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?
Office units - Professional office condo with adaptable private and open work areas, natural light, parking, and a dedicated kitchen lunchroom.
Where is this office units located?
The property is located at 15859 Ridgeland Avenue Oak Forest, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Four separately defined office units combined within one property; Open work areas paired with large private offices; Four 1/2 baths support the multi‑unit layout
More about this property
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