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    Oak Forest, IL Multifamily Properties for Sale

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    Midlothian, IL Tinley Park, IL Country Club Hills, IL Markham, IL Orland Park, IL Robbins, IL Posen, IL Harvey, IL
    Scarborough Fare Condo with Upgrades
    Updated: Aug 26, 2025
    Scarborough Fare Condo with Upgrades

    14511 Central Court #M2, Oak Forest, IL 60452

    $196,000
    1,150 sqft
    Rare 2‑car garage offering potential rental or sale opportunities.
    Updated kitchen featuring solid Maple cabinets and SS appliances.
    Assessments include water, heat, snow removal, landscaping, garbage, and general maintenance.
    Enjoy the convenience of in‑unit laundry (4 years old).
    Newer furnace (3 years old) and A/C (2 years old) for efficient climate control.
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    This listing looks promising.

    Here's a quick look at some key insights for

    14511 Central Court #M2, Oak Forest, IL 60452,

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $191K
      Suggested

    • Property Type

      Condominium
      Built 1980
    View Property Analytics
    Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 1 Active listings in Oak Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads, plus 1 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.

    6-Unit Apartment Building with Parking
    6-Unit Apartment Building with Parking

    7111 170th Street, Tinley Park, IL 60477

    $850,000

    Updated apartment property with month-to-month occupancy and coin-operated laundry.

    View details
    Six-Unit Apartment Building with Balconies
    Six-Unit Apartment Building with Balconies

    14631 S Lamon Avenue, Midlothian, IL 60445

    $750,000

    Six two-bedroom, one-bath units with private balconies in a full-basement building near shopping and transportation.

    View details
    Updated Brick Six-Unit Building
    Updated Brick Six-Unit Building

    17334 Ridgeland Ave, Tinley Park, IL 60477

    Contact for pricing

    Well-maintained brick six-unit building with updated units, in-building laundry, a four-car garage, and surface parking.

    View details
    Four-Unit Quadplex with Renovations
    Four-Unit Quadplex with Renovations

    14825 Kilpatrick Ave, Midlothian, IL 60445

    Contact for pricing

    Four-unit quadplex with updated flooring, roof, and water heater, plus one vacant unit available for owner occupancy.

    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.

    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details

    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.

    15301 Knox Ave, Unit 11
    GARDEN APT, COURT APT (5+ UNITS)

    15301 Knox Ave, Oak Forest, IL 60452-2549

    Unit 11
    $1,940,000
    Estimated value
    0.15 AC lot
    View details
    15944 Latrobe Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    15944 Latrobe Ave, Oak Forest, IL 60452-3811

    $300,000
    Estimated value
    1,860 sqft 0.15 AC lot
    View details
    15908 Grv Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    15908 Grv Ave, Oak Forest, IL 60452-4018

    $295,000
    Estimated value
    1,716 sqft 0.15 AC lot
    View details
    5009 159th St
    GARDEN APT, COURT APT (5+ UNITS)

    5009 159th St, Oak Forest, IL 60452-3459

    $420,000
    Estimated value
    0.45 AC lot
    View details
    5013 159th St
    GARDEN APT, COURT APT (5+ UNITS)

    5013 159th St, Oak Forest, IL 60452-3460

    $420,000
    Estimated value
    0.45 AC lot
    View details
    5037 159th St
    GARDEN APT, COURT APT (5+ UNITS)

    5037 159th St, Oak Forest, IL 60452

    $425,000
    Estimated value
    0.30 AC lot
    View details
    5006 159th St
    GARDEN APT, COURT APT (5+ UNITS)

    5006 159th St, Oak Forest, IL 60452

    $425,000
    Estimated value
    0.33 AC lot
    View details
    5049 159th St
    GARDEN APT, COURT APT (5+ UNITS)

    5049 159th St, Oak Forest, IL 60452-3462

    $425,000
    Estimated value
    0.30 AC lot
    View details
    5002 155th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    5002 155th St, Oak Forest, IL 60452-3486

    $445,000
    Estimated value
    2,340 sqft 0.34 AC lot
    View details
    4823 157th St
    GARDEN APT, COURT APT (5+ UNITS)

    4823 157th St, Oak Forest, IL 60452-3557

    $1,925,000
    Estimated value
    0.41 AC lot
    View details
    15302 Knox Ave
    GARDEN APT, COURT APT (5+ UNITS)

    15302 Knox Ave, Oak Forest, IL 60452-2530

    $3,810,000
    Estimated value
    0.39 AC lot
    View details
    15311 Knox Ave
    GARDEN APT, COURT APT (5+ UNITS)

    15311 Knox Ave, Oak Forest, IL 60452-2513

    $1,940,000
    Estimated value
    0.15 AC lot
    View details
    15311 Knox Ave
    GARDEN APT, COURT APT (5+ UNITS)

    15311 Knox Ave, Oak Forest, IL 60452-2513

    $1,940,000
    Estimated value
    0.19 AC lot
    View details
    15302 Knox Ave, Unit 12
    GARDEN APT, COURT APT (5+ UNITS)

    15302 Knox Ave, Oak Forest, IL 60452-2522

    Unit 12
    $3,810,000
    Estimated value
    0.39 AC lot
    View details
    15301 Knox Ave, Unit 11
    GARDEN APT, COURT APT (5+ UNITS)

    15301 Knox Ave, Oak Forest, IL 60452-2549

    Unit 11
    $1,940,000
    Estimated value
    0.15 AC lot
    View details
    15920 Leclaire Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    15920 Leclaire Ave, Oak Forest, IL 60452-3864

    $330,000
    Estimated value
    2,340 sqft 0.41 AC lot
    View details
    16025 Laramie Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    16025 Laramie Ave, Oak Forest, IL 60452-3863

    $465,000
    Estimated value
    3,869 sqft 0.41 AC lot
    View details
    16000 Frst Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    16000 Frst Ave, Oak Forest, IL 60452-4014

    $320,000
    Estimated value
    2,001 sqft 0.15 AC lot
    View details
    16000 Frst Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    16000 Frst Ave, Oak Forest, IL 60452-4014

    $320,000
    Estimated value
    1,600 sqft 0.15 AC lot
    View details
    15316 Cicero Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    15316 Cicero Ave, Oak Forest, IL 60452-2502

    $450,000
    Estimated value
    3,274 sqft 0.32 AC lot
    View details
    15511 Cicero Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    15511 Cicero Ave, Oak Forest, IL 60452

    $645,000
    Estimated value
    8,190 sqft 0.33 AC lot
    View details
    15507 Cicero Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    15507 Cicero Ave, Oak Forest, IL 60452-3629

    $645,000
    Estimated value
    8,190 sqft 0.33 AC lot
    View details
    5329 159th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    5329 159th St, Oak Forest, IL 60452-3304

    $295,000
    Estimated value
    810 sqft 0.14 AC lot
    View details

    Oak Forest, IL Multifamily Properties Market Trends and Statistics

    Explore 40 multifamily properties for sale in Oak Forest, IL on our real estate platform. These investment opportunities span a total of 1,150 square feet of properties for sale, with an estimated market value of $196,000.

    Sale prices for multifamily properties in Oak Forest, IL average $196,000 — 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

    Apartment 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 $196K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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