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Two-Unit Retail Building
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5736-5740 West 159th Street, Oak Forest, IL 60452

Two-unit retail building offers 100% occupancy and a recently replaced roof.

Property Size8,831 SF
Price / SF$145.51
Days on Market52

Property Features for 5736-5740 West 159th Street

General Information

Standard status Active
Size 8,831 SF
Property subtype Retail
Zoning C2 - Business/Commercial
Occupancy 100%
Lease Type NNN
Net Operating Income $83,338

Building Details

Year Built 1983
Units 2
Tenancy Multi
Listing Agency: Network Commercial Real Estate
Listed By: Josh Lehane · License #471018271
Source: Crexi
Added: Jul 4 Changed: Aug 24 Last Checked: Aug 23 at 7:00PM

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 Network Commercial Real Estate

Investment Insights

Based on property information with market context.

This two-unit retail building totals 8,831 SF and was built in 1983. The property is currently at 100% occupancy and includes a brand new roof. It also features a Class 8 RE tax incentive that is in place and described as transferrable.

Located at 5736-5740 West 159th Street in Oak Forest, Illinois, the asset is positioned for street retail exposure within a retail-focused commercial corridor.

The building’s configuration supports retail tenancy across two separate units, providing a straightforward structure for investors seeking income through existing occupancy.

Key Highlights

  • 8,831 SF retail building built in 1983 with 2 units
  • Currently 100% occupancy
  • Recently replaced roof

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Daycare Center Grocery & Convenience Store Nail Salon Electrical Service Furniture & Home Goods

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

525
Businesses Nearby
135k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Dining 33% Shops & Services 28% Beauty & Spa 1%
Jewel-Osco Groceries
49,949 visits/mo 0.1 miles
McDonald's Dining
26,510 visits/mo 0.4 miles
Culver's Dining
16,531 visits/mo 0.4 miles
Shell Shops & Services
9,503 visits/mo 0.2 miles
BP Shops & Services
8,065 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two-unit retail building offers 100% occupancy and a recently replaced roof.
Where is this retail space located?
The property is located at 5736-5740 West 159th Street Oak Forest, IL.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: 8,831 SF retail building built in 1983 with 2 units; Currently 100% occupancy; Recently replaced roof
More about this property
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