16224 Cicero Ave Oak Forest, IL 60452
- Commercial real estate
- 0.92 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16224 Cicero Ave
- Lot size
- 0.92 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.92-acre commercial and industrial land parcel, located at 16224 S Cicero Ave in Oak Forest, Illinois (zip code 60452), presents a prime development opportunity. Zoned C3, this property boasts 350 feet of frontage on busy Cicero Avenue, offering excellent street visibility and high traffic counts. The site, currently featuring a chain link fence and grass/gravel landscaping, has all utilities readily available. Its strategic location across from the Oak Forest Health Center and Heritage Forest Preserve, and near the Midlothian Reservoir, ensures high visibility and accessibility. The lot's proximity to major highways and train stations further enhances its appeal. While conceptual renderings for potential development exist, the property's versatility allows for a wide range of uses, including but not limited to car washes, tire/oil change facilities, and other commercial ventures. The property is situated just north of 163rd Street, half a mile south of the 159th/Cicero intersection, on the west side of the street. A residential neighborhood is located behind the lot, and neighboring businesses include mechanics. The asking price for this remarkable opportunity is $550,000. This is a 40,250 square foot site ready for your vision.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Forest
- County
- Cook
- State
- Illinois
- Longitude
- -87.736344029994
- Latitude
- 41.596939470327
