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    Oak Forest, IL
    Medical Premises

    Oak Forest, IL Medical Office Space for Sale

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    Tinley Park, IL Midlothian, IL Country Club Hills, IL Markham, IL Orland Park, IL Harvey, IL Hazel Crest, IL Robbins, IL
    Single-Tenant Net-Leased Dialysis Clinic
    Updated: May 29
    Single-Tenant Net-Leased Dialysis Clinic

    5340A W 159th St, Oak Forest, IL 60452

    $3,328,000
    7,310 sqft 1.80 AC lot
    Freestanding ±7,310 SF dialysis clinic built in 2013 on ±1.8 acres with direct frontage on U.S. Route 6.
    Long‑term net lease to Fresenius Medical Care recently extended through Jan 31, 2036; 9.75 years remaining term.
    In‑place annual base rent is $210,021 ($28.73/SF) plus a contractual 3.0% management fee on base rent (currently $6,301), totaling $216,322 NOI.
    Lease includes 2.1% annual rent escalations (average) through the remaining term, plus (3) five‑year renewal options with 2.0% annual escalations.
    Tenant pays property taxes, insurance, utilities, landscaping, and most site maintenance under the net lease structure, limiting landlord operating exposure.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5340A W 159th St, Oak Forest, IL 60452

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    • Est. Cap Rate

      3%
      NOI ÷ price

    • Est. NOI

      $101K
      Annual

    • Price @ 7% Cap

      $1.44M
      Suggested
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    Corner Lot Office Building
    Updated: Sep 25, 2025
    Corner Lot Office Building

    5601 Victoria Drive, Oak Forest, IL 60452

    $389,900
    7,424 sqft
    Prime corner lot location on Central and Victoria.
    32 parking spaces (including 2 disabled spaces).
    Versatile space suitable for office, medical, or potential residential development.
    Two large separate spaces on the main floor with shared reception area, offering rental income potential.
    Lower level is a wide open canvas for customization.
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    Office Condo with Private Offices
    Office Condo with Private Offices

    15859 Ridgeland Avenue, Oak Forest, IL 60452

    $499,900

    Office condo set up with open work areas and large private offices, plus multiple half-baths and a kitchen lunch room.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Oak Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey 3rd-Floor Medical Office Suite
    Turnkey 3rd-Floor Medical Office Suite

    3330 W 177th Street, Hazel Crest, IL 60429

    $200,000
    6.80 AC lot

    Turnkey third-floor suite with natural lighting, four private offices, reception and waiting areas, plus a small lunchroom.

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    First-Floor Medical Office Condo
    First-Floor Medical Office Condo

    3330 W 177th Street, Hazel Crest, IL 60429

    $300,000
    6.81 AC lot

    First-floor medical office condo with separate parking-lot entry, designed for patient waiting, exam support, and multiple offices.

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    Lower-Level Office Suite with Conference Room
    Lower-Level Office Suite with Conference Room

    108-7060 Centennial Dr, Tinley Park, IL 60477

    $45,000

    Lower-level suite LL2 offers open office space and a conference room, with reception, common lobby, and ample parking.

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    Two-Story Freestanding Office Building
    Two-Story Freestanding Office Building

    7020 Centennial Dr D, Tinley Park, IL 60477

    Contact for pricing

    Freestanding two-story office building with multiple private offices, conference room, and finished second-floor open plan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Crestwood Commercial Lot on Cicero
    Crestwood Commercial Lot on Cicero

    14101 South Cicero Avenue, Crestwood, IL 60418

    $749,900
    1.00 AC lot

    Prime commercial lot in Crestwood business district with high exposure.

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    Mokena Commercial Land Opportunity
    Mokena Commercial Land Opportunity

    Lot 16 191st Street, Mokena, IL 60448

    $1,275,000
    8.57 AC lot

    Prime commercial land available in Mokena's 'Great Corridor'.

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    Westmont Commercial Land For Sale
    Westmont Commercial Land For Sale

    3920 N CASS Avenue, Westmont, IL 60559

    $399,500
    0.17 AC lot

    Vacant lot suitable for commercial or residential development.

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    Prime Land in Growing Community
    Prime Land in Growing Community

    1575 S Feather Rock Drive, Crown Point, IN 46307

    $257,500
    2.01 AC lot

    Two acres of land suitable for various commercial uses.

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    Off-Market Properties in Oak Forest, IL

    Consider similar Off-Market properties in Oak Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6054 159Th St
    Medical Office Space

    6054 159Th St, Oak Forest, IL 60452

    Value Estimation by Request
    1,200 sqft
    View details

    Oak Forest, IL Medical Office Space Market Trends and Statistics

    Explore 4 medical office space for sale in Oak Forest, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,734 square feet of properties for sale, with an estimated market value of $4,217,800.

    Sale prices for medical spaces in Oak Forest, IL start at $389,900, averaging $1,405,933, and reaching up to $3,328,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 4
    Office Units 2
    Office buildings 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) -6.4%
    Median Household Income $89,167
    College Educated 39.6%

    High-Yield Neighborhoods for Investment

    Identify Oak Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60452 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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