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Property profile & analytics
OFF-MARKET
Land

151st Oak Frst Oak Forest, IL 60452

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial land parcel presents a prime development opportunity in Oak Forest, Illinois. Strategically located at the intersection of 151st Street and IL-50 (Cicero Avenue), this property boasts a highly desirable C-3 Central Business District zoning classification, opening doors to a wide range of commercial ventures. The site's convenient access to major transportation arteries is a significant advantage. Rt 50 and Rt 6 provide easy connections to I-57, ensuring seamless regional accessibility. Furthermore, the property's proximity to the Oak Forest Metra Station offers commuters daily service to Chicago, enhancing its appeal. High traffic counts further underscore the site's potential: 31,800 vehicles daily on Cicero Avenue and 2,250 vehicles daily on 151st Street. The property consists of two parcels, identified by PIN numbers 28-10-308-011 and 28-10-308-012, located in Cook County, Illinois, zip code 60452. The asking price for this exceptional development opportunity is $595,000. Property taxes are to be determined. Contact us today to explore the possibilities.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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