Property profile

15331 Cicero Ave Oak Forest, IL 60452

OFF-MARKET
Retail space
Property ID
US28-5204196
0.34 ac lot Built 1971
Entity Owned Free & Clear
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Property summary

AI-generated overview

A 7,688-square-foot office/warehouse building located on Cicero Avenue, constructed of brick and concrete block. The building includes 6,308 square feet of finished office area and 1,380 square feet of warehouse space with a 12-foot clear height and two drive-in doors. Interior features include multiple private offices, training rooms, and eight washrooms, with ADA-compliant restrooms available. Utilities are separately metered. The second floor contains three office suites totaling 2,415 square feet, configured to support expansion or additional tenant use. The roof has been replaced (new as of 2025). The property sits on a 14,660-square-foot lot with on-site parking and is zoned C3, supporting a range of commercial uses; it has been referenced as potentially convertible to multi-use with residential apartments on the second floor.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1971
Lot 0.34 ac (14,686 SF)
APN 28-15-117-001
UPID US28-5204196

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service

Location

15331 Cicero Ave Oak Forest, IL 60452-2500
Oak Forest metro Census 824602 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2026
6 recorded transactions
2026
$275,000
2013
$120,000
2012
Price N/A
2004
$490,000
2002
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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