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    Property profile & analytics

    15600 Cicero Ave Oak Forest, IL 60452-3604

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2592040
    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

    • Beggars Pizza - Oak Forest / Caterer / Italian Restaurant
    • Country inn and suites / Hotel

    Property Details for 15600 Cicero Ave

    Property type
    Commercial real estate
    APN
    28-16-407-034
    APU
    2816407034

    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
    -87.7382
    Latitude
    41.6082
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $16,801
    $30,010
    $6,057
    $36,067
    -
    $120,040
    $24,228
    $144,268

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      15406 Cicero Ave

      COMMERCIAL (GENERAL) • 0.32 Acres
      15406 Cicero Ave, Oak Forest, IL 60452
      View Details
    • Value Estimation by Request
      0.02 Acres

      4529 146th St

      COMMERCIAL (GENERAL) • 0.02 Acres
      4529 146th St, Oak Forest, IL 60452
      View Details
    • Value Estimation by Request
      0.38 Acres

      5507 159th St

      COMMERCIAL (GENERAL) • 0.38 Acres
      5507 159th St, Oak Forest, IL 60452
      View Details
    • Value Estimation by Request

      15300 Briar Ln

      COMMERCIAL (GENERAL)
      15300 Briar Ln, Oak Forest, IL 60452-1907
      View Details
    • Value Estimation by Request
      0.06 Acres

      15240 Cicero Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      15240 Cicero Ave, Oak Forest, IL 60452-2404
      View Details
    • Value Estimation by Request
      0.06 Acres

      15240 Cicero Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      15240 Cicero Ave, Oak Forest, IL 60452-2404
      View Details

    Similar Nearby for Sale

    • $2,500,000
      6.60 Acres

      Oak Forest Commercial Land

      6.6 Acres, Prime Location, $2.5M
      16710 Cicero Ave, Oak Forest, IL 60452
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    • $550,000
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      Cicero Ave Development Land

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

      Oak Forest Move-In Ready Condo

      Charming 1-bedroom condo with modern updates and convenient location.
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    • $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
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    • $449,000
      0.39 Acres

      High-Visibility Commercial Building in Oak Forest

      Standalone commercial building with high traffic exposure and development potential.
      15126 Cicero Ave, 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
    • $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
    • 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
    • $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
    • $35 SF/Yr
      2,771 SF

      New Retail Building with Drive-Thru

      New construction retail building with drive-thru in Oak Forest.
      15541 Cicero Ave, Oak Forest, IL 60452
      View Details

    Property Visit Statistics

    • Visits by month
      12.7k
    • Visitors by month
      11.1k
    • Avg Time on site
      53 min
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    15600 Cicero Ave
    Oak Forest, IL 60452-3604
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    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
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