Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    16710 Cicero Ave Oak Forest, IL 60452

    • Commercial real estate
    • 6.60 lot acres
    For Sale
    View listing
    $2,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-1665588
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16710 Cicero Ave

    Lot size
    6.60 lot acres
    Property type
    Commercial real estate
    APN
    28-28-202-033, 28-28-202-011, 28-28-202-012, 28-28-202-013, 28-28-202-025, 28-28-202-026, 28-28-202-027

    Description

    This exceptional 6.6-acre commercial land parcel in Oak Forest, Illinois, presents a significant investment opportunity. Located at 16710-16900 S. Cicero Ave, this property boasts a highly desirable C2 – General Service Commercial District zoning, allowing for diverse development options. The site's strategic position, just one block from the full I-57 interchange, ensures excellent accessibility and high visibility. With substantial frontage on Cicero Avenue, the property offers ample space for a variety of commercial ventures, including potential uses such as a truck stop, multifamily housing, townhomes, self-storage facility, retail space, or industrial development. The strong population density in the surrounding area, with over 85,020 people within a 3-mile radius and more than 217,822 within a 5-mile radius, indicates significant market potential. The asking price is $2,500,000, and the land value is $8.70 per square foot. The property includes multiple APNs: 28-28-202-033, 28-28-202-011, 28-28-202-012, 28-28-202-013, 28-28-202-025, 28-28-202-026, and 28-28-202-027. This is a rare opportunity to acquire a large, well-located parcel ready for immediate development.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Forest
    County
    Cook
    State
    Illinois
    Longitude
    -87.736941917228
    Latitude
    41.588573000238

    Comparable in this City

    • $550,000
      0.92 Acres

      Cicero Ave Development Land

      Oak Forest, IL commercial lot, 0.92 acres.
      16224 Cicero Ave, Oak Forest, IL 60452
      View Details
    • $89,900

      Oak Forest Move-In Ready Condo

      Charming 1-bedroom condo with modern updates and convenient location.
      15302 Kenton Ave, Oak Forest, IL 60452
      View Details
    • $232,000
      1,150 SF

      Scarborough Fare Condo with Upgrades

      Updated 2-bedroom condo with modern amenities and convenient location.
      14511 Central Ct, Oak Forest, IL 60452
      View Details
    • Contact for pricing
      45,594 SF

      Turnkey Food Processing Facility

      Updated food processing facility near I-57 and 167th Street.
      16425 South Kilbourn Ave, Oak Forest, IL 60452
      View Details
    • $550,000
      40,250 SF

      Cicero Avenue Development Opportunity

      Prime development site on Cicero Ave with high traffic counts.
      16224 Cicero Ave, Oak Forest, IL 60452
      View Details
    • Contact for pricing

      Land Near Metra Station

      Commercial land for sale near transportation and retail.
      4815 W 159Th St, Oak Forest, IL 60452
      View Details

    Similar Nearby for Sale

    • $550,000
      0.92 Acres

      Cicero Ave Development Land

      Oak Forest, IL commercial lot, 0.92 acres.
      16224 Cicero Ave, Oak Forest, IL 60452
      View Details
    • $89,900

      Oak Forest Move-In Ready Condo

      Charming 1-bedroom condo with modern updates and convenient location.
      15302 Kenton Ave, Oak Forest, IL 60452
      View Details
    • $232,000
      1,150 SF

      Scarborough Fare Condo with Upgrades

      Updated 2-bedroom condo with modern amenities and convenient location.
      14511 Central Ct, Oak Forest, IL 60452
      View Details
    • Contact for pricing
      45,594 SF

      Turnkey Food Processing Facility

      Updated food processing facility near I-57 and 167th Street.
      16425 South Kilbourn Ave, Oak Forest, IL 60452
      View Details
    • $550,000
      40,250 SF

      Cicero Avenue Development Opportunity

      Prime development site on Cicero Ave with high traffic counts.
      16224 Cicero Ave, Oak Forest, IL 60452
      View Details
    • Contact for pricing

      Land Near Metra Station

      Commercial land for sale near transportation and retail.
      4815 W 159Th St, Oak Forest, IL 60452
      View Details

    Similar Nearby for Lease

    • $264 SF/Yr
      1,250 SF

      Oak Forest Retail Space For Lease

      1,250 SF Retail Space, High Traffic
      14723 Central Ave, Oak Forest, IL 60452
      View Details
    • Contact for pricing

      Land for Lease in Oak Forest

      Prime corner lot available for lease in Oak Forest, IL.
      5550 159Th St, Oak Forest, IL 60452
      View Details
    • Contact for pricing
      14,444 SF

      Oak Forest Commercial Land Lease/BTS

      Prime Cicero Ave. Drive-Thru Site
      15201 Cicero Ave, Oak Forest, IL 60452
      View Details
    • $900 /Mo
      5,000 SF

      Retail Space in Oak Forest

      Affordable retail location in business-friendly Oak Forest, Illinois.
      4815 155Th St, Oak Forest, IL 60452
      View Details
    • $23 SF/Yr
      24,419 SF

      Oak Forest Retail Plaza

      Prime Retail Space Available
      4142 167Th St, Oak Forest, IL 60452
      View Details
    • Contact for pricing
      13,908 SF

      Scarborough Fare Retail Complex

      Oak Forest, IL retail space available
      5544 147Th St, Oak Forest, IL 60452
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16710 Cicero Ave
    Oak Forest, IL 60452
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.