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    Oak Forest, IL Residential Income Properties for Sale

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    Midlothian, IL Country Club Hills, IL Tinley Park, 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
    Scarborough Fare Condo with Upgrades
    $196,000
    1,150 SF

    Scarborough Fare Condo with Upgrades

    14511 Central Court #M2, Oak Forest, IL 60452

    Updated 2-bedroom condo with modern amenities and convenient location.

    • Rare 2‑car garage offering potential rental or sale opportunities.
    • Updated kitchen featuring solid Maple cabinets and SS appliances.
    • Assessments include water, heat, snow removal, landscaping, garbage, and general maintenance.
    • Enjoy the convenience of in‑unit laundry (4 years old).
    • Newer furnace (3 years old) and A/C (2 years old) for efficient climate control.
    Updated: Aug 26, 2025
    View details
    Reynolds Lane Apartment Building
    $850,000

    Reynolds Lane Apartment Building

    Six-unit apartment building in Oak Forest, Illinois.

    15700 Reynolds Lane, Oak Forest, IL 60452
    View details
    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 3 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.

    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
    First Floor Condo with Garage
    $227,000
    1,100 SF

    First Floor Condo with Garage

    Two-bedroom condo with garage, in-unit laundry, and updated features.

    17960 Royal Oak Court #1N, 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
    Buildable Lot in Tinley Park
    $149,000

    Buildable Lot in Tinley Park

    Residential lot in established neighborhood ready for custom construction.

    7946 172nd Place, Tinley Park, IL 60477
    View details
    Wooded Lot in Tinley Park
    $44,000
    1.17 Acres

    Wooded Lot in Tinley Park

    1.17 acre wooded lot in a vibrant community.

    00 LOT 180th Street, Tinley Park, IL 60477
    View details
    Residential Lot in Blue Island
    $49,999

    Residential Lot in Blue Island

    Prime lot ready for building, convenient location, great investment opportunity.

    2928 143rd Street, Blue Island, IL 60406
    View details

    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
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.15 Acres
    Estimated value
    $2,665,000
    Unit 11

    15301 Knox Ave, Oak Forest, IL 60452-2549

    View details
    15944 Latrobe Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,860 SF Lot: 0.15 Acres
    Value Estimation by Request

    15944 Latrobe Ave, Oak Forest, IL 60452-3811

    View details
    15908 Grv Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,716 SF Lot: 0.15 Acres
    Value Estimation by Request

    15908 Grv Ave, Oak Forest, IL 60452-4018

    View details
    5009 159th St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.45 Acres
    Value Estimation by Request

    5009 159th St, Oak Forest, IL 60452-3459

    View details
    5013 159th St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.45 Acres
    Value Estimation by Request

    5013 159th St, Oak Forest, IL 60452-3460

    View details
    5037 159th St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.30 Acres
    Value Estimation by Request

    5037 159th St, Oak Forest, IL 60452

    View details
    5006 159th St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.33 Acres
    Value Estimation by Request

    5006 159th St, Oak Forest, IL 60452

    View details
    5049 159th St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.30 Acres
    Value Estimation by Request

    5049 159th St, Oak Forest, IL 60452-3462

    View details
    5002 155th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,340 SF Lot: 0.34 Acres
    Value Estimation by Request

    5002 155th St, Oak Forest, IL 60452-3486

    View details
    4823 157th St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.41 Acres
    Estimated value
    $1,875,000

    4823 157th St, Oak Forest, IL 60452-3557

    View details
    15302 Knox Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.39 Acres
    Estimated value
    $3,700,000

    15302 Knox Ave, Oak Forest, IL 60452-2530

    View details
    15311 Knox Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.15 Acres
    Estimated value
    $1,880,000

    15311 Knox Ave, Oak Forest, IL 60452-2513

    View details
    15311 Knox Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.19 Acres
    Estimated value
    $1,870,000

    15311 Knox Ave, Oak Forest, IL 60452-2513

    View details
    15302 Knox Ave, Unit 12
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.39 Acres
    Estimated value
    $3,700,000
    Unit 12

    15302 Knox Ave, Oak Forest, IL 60452-2522

    View details
    15301 Knox Ave, Unit 11
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.15 Acres
    Estimated value
    $1,885,000
    Unit 11

    15301 Knox Ave, Oak Forest, IL 60452-2549

    View details
    15920 Leclaire Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,340 SF Lot: 0.41 Acres
    Value Estimation by Request

    15920 Leclaire Ave, Oak Forest, IL 60452-3864

    View details
    16025 Laramie Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,869 SF Lot: 0.41 Acres
    Value Estimation by Request

    16025 Laramie Ave, Oak Forest, IL 60452-3863

    View details
    16000 Frst Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,001 SF Lot: 0.15 Acres
    Value Estimation by Request

    16000 Frst Ave, Oak Forest, IL 60452-4014

    View details
    16000 Frst Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,600 SF Lot: 0.15 Acres
    Value Estimation by Request

    16000 Frst Ave, Oak Forest, IL 60452-4014

    View details
    15316 Cicero Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,274 SF Lot: 0.32 Acres
    Value Estimation by Request

    15316 Cicero Ave, Oak Forest, IL 60452-2502

    View details
    15511 Cicero Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,190 SF Lot: 0.33 Acres
    Estimated value
    $645,000

    15511 Cicero Ave, Oak Forest, IL 60452

    View details

    Oak Forest, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 44 residential income properties for sale in Oak Forest, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,093 square feet of properties for sale, with an estimated market value of $1,046,000.

    Sale prices for residential income properties in Oak Forest, IL start at $196,000, averaging $523,000, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 3
    Multifamily properties 3

    Demographics Overview

    Population 27K
    Population Growth (5Y) -6.4%
    Median Household Income $89,167
    College Educated 39.6%

    High-Yield Neighborhoods for Investment

    Identify Oak Forest submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60452 $632K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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