Technical
Financial
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Property profile

16710 S Cicero Ave Oak Forest, IL 60452

FOR SALE
Commercial land
Property ID
US28-1665588
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Property summary

AI-generated overview

Introducing a prime investment opportunity at 16710-16900 S. Cicero Ave in Oak Forest, IL. This expansive 6.60-acre site presents endless possibilities for development, including a potential truck stop, multifamily housing, townhomes, self-storage facility, retail space, or industrial use. Strategically located just one block off I-57 at a full interchange, this property boasts excellent accessibility and visibility. With its desirable zoning of C2 - General Service Commercial District, this site is ready for a range of commercial ventures. The surrounding area features strong population demographics, with over 85,020 people within a 3-mile radius and more than 217,822 within a 5-mileradius. This translates to a high customer base and ample market potential. Don't miss the chance to acquire this sizeable parcel with substantial frontage on Cicero Avenue. Priced at $2,500,000 , this property offers an incredible opportunity for savvy investors and developers. For more information or to schedule a viewing, contact our dedicated team: Anne Dempsey - Senior Vice President +1 847 989 8359 [email protected] or Kate Dempsey - Associate +1 847 989 4404 [email protected]. Act now and unlock the potential of this exceptional property. Call us today!

Property profile

Verified
Property type Commercial land
UPID US28-1665588

Cap rate & NOI

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

Location

16710 S Cicero Ave Oak Forest, IL 60452
Oak Forest metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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