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    Oak Forest, IL Residential Income Properties for Sale

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    Chicago, IL Springfield, IL Hoffman Estates, IL
    Reynolds Lane Multifamily Investment Opportunity
    $850,000
    2,943 SF

    Reynolds Lane Multifamily Investment Opportunity

    15700 Reynolds Lane, Oak Forest, IL 60452

    Six-unit apartment building in desirable Oak Forest location.

    • Vacant Units: All units will be vacant upon new ownership, allowing for immediate rental income optimization and tenant selection.
    • Exceptional investment opportunity.
    • Desirable mix of (5) two‑bedroom units and (1) one‑bedroom unit, all with 1 full bathroom.
    • All units are lightly updated, reducing immediate renovation costs.
    • New boiler system indicates recent capital improvements and reduced maintenance concerns.
    Updated: Mar 5, 2025
    View details
    Reynolds Lane Apartment Building
    $850,000

    Reynolds Lane Apartment Building

    15700 Reynolds Lane, Oak Forest, IL 60452

    Six-unit apartment building in Oak Forest, Illinois.

    • Vacant Upon Ownership: Allows immediate rent increases and tenant selection.
    • New Boiler System: Reduces potential maintenance costs and ensures efficient heating.
    • Six‑Unit Building: Provides a substantial rental income opportunity.
    • Updated Units: Minimizes immediate renovation needs and attracts tenants.
    • Desirable Location: Close proximity to amenities in Oak Forest and Orland Park.
    Updated: Mar 6, 2025
    View details
    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Mixed-Use Building in Midlothian
    $319,900
    0.37 Acres

    Updated Mixed-Use Building in Midlothian

    Updated mixed-use building in the heart of Midlothian business district.

    4039 147th Street, Midlothian, IL 60445
    View details
    Updated Condo in 55+ Building
    $264,000

    Updated Condo in 55+ Building

    Move-in ready, updated 2-bedroom, 2-bath condo in Tinley Park.

    6320 Pine Ridge Drive #1B, Tinley Park, IL 60477
    View details
    Redevelopment Site in Tinley Park
    Contact for pricing

    Redevelopment Site in Tinley Park

    Office condo deconversion to multi-family or mixed-use redevelopment site.

    17704 Oak Park Ave., Tinley Park, IL 60477
    View details
    Updated Mixed-Use Building in Midlothian
    $459,900
    2,850 SF

    Updated Mixed-Use Building in Midlothian

    Updated mixed-use building in Midlothian's business district, fully leased.

    4039 147th St, Midlothian, IL 60445
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Lots Near Downtown Tinley
    $104,900

    Wooded Lots Near Downtown Tinley

    Residential land near Vogt Woods and Midlothian Creek.

    16966 FOREST GLEN Drive lot: 4, Tinley Park, IL 60477
    View details
    Midlothian Land in Golf Community
    Contact for pricing
    0.56 Acres

    Midlothian Land in Golf Community

    Spacious 0.56-acre lot in the Midlothian Country Club area.

    7R3 Country Club Drive, Midlothian, IL 60445
    View details
    Residential Land in Oak Forest
    Contact for pricing
    0.45 Acres

    Residential Land in Oak Forest

    0.45-acre lot to build your dream home.

    5048 171st Street, Oak Forest, IL 60452
    View details
    Residential Land in Tinley Park
    $100,000
    0.62 Acres

    Residential Land in Tinley Park

    0.62 acre residential parcel in Tinley Park, Illinois.

    17811 Ridgeland Avenue, Tinley Park, IL 60477
    View details

    Explore Off-Market Properties in Oak Forest, IL

    Consider similar Off-Market properties in Oak Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    15301 Knox Ave, Unit 11

    15301 Knox Ave, Unit 11

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation
    $2,665,000
    15301 Knox Ave, Oak Forest, IL 60452-2549
    View details
    15944 Latrobe Ave

    15944 Latrobe Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,860 SF
    Value Estimation by Request
    15944 Latrobe Ave, Oak Forest, IL 60452-3811
    View details
    15908 Grv Ave

    15908 Grv Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,716 SF
    Value Estimation by Request
    15908 Grv Ave, Oak Forest, IL 60452-4018
    View details
    5009 159th St

    5009 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.45 Acres
    Value Estimation by Request
    5009 159th St, Oak Forest, IL 60452-3459
    View details
    5013 159th St

    5013 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.45 Acres
    Value Estimation by Request
    5013 159th St, Oak Forest, IL 60452-3460
    View details
    5037 159th St

    5037 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.30 Acres
    Value Estimation by Request
    5037 159th St, Oak Forest, IL 60452
    View details
    5006 159th St

    5006 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.33 Acres
    Value Estimation by Request
    5006 159th St, Oak Forest, IL 60452
    View details
    5049 159th St

    5049 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.30 Acres
    Value Estimation by Request
    5049 159th St, Oak Forest, IL 60452-3462
    View details
    5002 155th St

    5002 155th St

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,340 SF
    Value Estimation by Request
    5002 155th St, Oak Forest, IL 60452-3486
    View details
    4823 157th St

    4823 157th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.41 Acres
    Value Estimation
    $1,875,000
    4823 157th St, Oak Forest, IL 60452-3557
    View details
    15302 Knox Ave

    15302 Knox Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.39 Acres
    Value Estimation
    $3,700,000
    15302 Knox Ave, Oak Forest, IL 60452-2530
    View details
    15311 Knox Ave

    15311 Knox Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation
    $1,880,000
    15311 Knox Ave, Oak Forest, IL 60452-2513
    View details
    15311 Knox Ave

    15311 Knox Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.19 Acres
    Value Estimation
    $1,870,000
    15311 Knox Ave, Oak Forest, IL 60452-2513
    View details
    15302 Knox Ave, Unit 12

    15302 Knox Ave, Unit 12

    GARDEN APT, COURT APT (5+ UNITS) • 0.39 Acres
    Value Estimation
    $3,700,000
    15302 Knox Ave, Oak Forest, IL 60452-2522
    View details
    15301 Knox Ave, Unit 11

    15301 Knox Ave, Unit 11

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation
    $1,885,000
    15301 Knox Ave, Oak Forest, IL 60452-2549
    View details
    15920 Leclaire Ave

    15920 Leclaire Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,340 SF
    Value Estimation by Request
    15920 Leclaire Ave, Oak Forest, IL 60452-3864
    View details
    16025 Laramie Ave

    16025 Laramie Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,869 SF
    Value Estimation by Request
    16025 Laramie Ave, Oak Forest, IL 60452-3863
    View details
    16000 Frst Ave

    16000 Frst Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,001 SF
    Value Estimation by Request
    16000 Frst Ave, Oak Forest, IL 60452-4014
    View details
    16000 Frst Ave

    16000 Frst Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,600 SF
    Value Estimation by Request
    16000 Frst Ave, Oak Forest, IL 60452-4014
    View details
    15316 Cicero Ave

    15316 Cicero Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,274 SF
    Value Estimation by Request
    15316 Cicero Ave, Oak Forest, IL 60452-2502
    View details
    15511 Cicero Ave

    15511 Cicero Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,190 SF
    Value Estimation
    $645,000
    15511 Cicero Ave, Oak Forest, IL 60452
    View details
    15507 Cicero Ave

    15507 Cicero Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,190 SF
    Value Estimation
    $645,000
    15507 Cicero Ave, Oak Forest, IL 60452-3629
    View details

    Oak Forest, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 43 residential income properties for sale in Oak Forest, IL on our real estate platform. These investment opportunities span a total of 199,385 square feet of properties for sale, with an estimated market value of $21,060,000.

    Sale prices for residential income properties in Oak Forest, IL start at $295,000, averaging $1,170,000, and reaching up to $3,810,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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