Property profile

4855 159th St Oak Forest, IL 60452

OFF-MARKET
Commercial real estate
Property ID
US28-2776899
0.05 ac lot Built 1977
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 4855 W 159th St in Oak Forest, Illinois, presents a significant investment opportunity. Situated on a substantial 15,030 square foot lot, this property offers ample space for a variety of retail ventures. The property's address is conveniently located within Cook County, Illinois, and boasts easy access to major transportation routes, ensuring high visibility and accessibility for potential customers. The property is zoned for retail use, providing flexibility for a range of businesses. The property's location in Oak Forest, zip code 60452, offers a thriving community with a strong local economy. This is an ideal opportunity for an established business seeking expansion or a new venture looking for a prime location to establish a strong presence. The property is currently available for sale, offering a chance to acquire a valuable asset in a desirable market. Detailed property records and zoning information are readily available upon request. Serious inquiries are encouraged to explore this promising investment opportunity further. The geographic coordinates are 41.6031682 latitude and -87.7382204 longitude.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Lot 0.05 ac (2,028 SF)
APN 28-21-205-023
UPID US28-2776899

Cap rate & NOI

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

Location

4855 159th St Oak Forest, IL 60452
Oak Forest metro Census 825000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2017
3 recorded transactions
2017
$35,000
2014
Price N/A
2000
$90,000

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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