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    5544 147Th St Oak Forest, IL 60452

    Sponsored
    For Lease
    Contact for pricing

    Oak Forest, IL retail space available

    Lot size:
    13,908 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity in Oak Forest, Illinois, presents a 13,908 square foot, four-building complex situated on a 107,837 square foot lot. Built in 1972, the single-story brick buildings with metal pitched roofs are connected by walkways and feature attractive landscaping. The property boasts excellent visibility at the northeast corner of 147th Street and Central Avenue, enhanced by a large, easily visible street sign. Multiple suites are available, offering flexible space adaptable to various business needs. Tenants can choose from high-visibility frontage or more private locations. The property is zoned C1 and features a Cook County APN of 28091001340000. Landlords are open to assisting with tenant build-outs under agreeable terms. This prime location offers a unique chance to establish or expand your business in a thriving community. The property's address is 5544 147th St, Oak Forest, IL 60452.

    Property Features for 5544 147Th St

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,908 SF

    Building Details

    Year Built
    1972
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    B1+2
    Size
    1,620 SF
    Space
    B3
    Size
    1,249 SF
    Space
    B5
    Size
    900 SF
    Space
    D
    Size
    2,700 SF

    HighLights

    • 13,908 SF retail complex on a 107,837 SF lot in Oak Forest, IL.
    • Four single‑story brick buildings with metal pitched roofs, built in 1972.
    • Excellent visibility at the northeast corner of 147th Street and Central Avenue.
    • Multiple suites available, offering flexible space.
    • C1 zoning; Cook County APN 28091001340000.
    • Landlord will assist with tenant build‑outs.
    Property Profile Location Intelligence

    Current Use by Public Records

    I SPI ENTERPRISES Business Management Consultant Bunni's Klaws Nail Salon GRC Engineering Structural Engineer Nite Games Bar ... Bar & Grill

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Forest
    County
    Cook
    State
    Illinois
    Longitude
    -87.755575094322
    Latitude
    41.625156083202

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    FAQs

    What type of property is this?
    Shopping mall - Oak Forest, IL retail space available
    Where is this shopping mall located?
    The property is located at 5544 147Th St Oak Forest, IL.
    What are key features of this property?
    This property features: 13,908 SF retail complex on a 107,837 SF lot in Oak Forest, IL.; Four single-story brick buildings with metal pitched roofs, built in 1972.; Excellent visibility at the northeast corner of 147th Street and Central Avenue.
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    5544 147Th St Oak Forest, IL 60452
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    Oak Forest, IL 60452
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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
    5544 147Th St Oak Forest, IL 60452
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