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    FOR SALE
    Commercial land

    16224 Cicero Ave Oak Forest, IL 60452

    Property ID
    US28-0806061
    16224 Cicero Ave, Oak Forest, IL 60452 For Sale 1 / 16
    $499,000
    16224 Cicero Ave, Oak Forest, IL 60452
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    Property summary
    AI-generated overview

    SVN proudly presents this incredible development opportunity on busy Cicero Ave in Oak Forest. Sitting across from the Oak Forest Health Center and Heritage Forest Preserve, and just north of the Midlothian Reservoir, this prime location boasts high traffic counts, great street visibility, and easy access via the 3 curb cuts. This location already has renderings for potential development (in brochure), however, it could also be a great location for a car wash, tire/oil change facility, and a variety of other business uses. This excellent opportunity will not last long, bring your ideas and watch them flower into success! Half a mile south of 159th/Cicero intersection, on the west side of the street just north of 163rd St.

    Property profile
    Verified
    Property type Commercial land
    UPID US28-0806061
    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
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