Residential Income

Oak Forest, IL Residential Income Properties for Sale

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Midlothian, IL Markham, IL Tinley Park, IL Country Club Hills, IL Orland Park, IL Hazel Crest, IL Harvey, IL Robbins, IL
Mixed-Use Property with Retail Storefronts
Updated: Apr 28
Mixed-Use Property with Retail Storefronts

6000 W 159th Street, Oak Forest, IL 60452

Contact for pricing
7,063 sqft
Mixed‑use property with four large retail storefronts
Includes a spacious 2‑bedroom coach home
Four garages plus additional yard space
Well maintained and efficiently operated for low‑maintenance ownership
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Scarborough Fare Condo with Upgrades
Updated: Aug 26, 2025
Scarborough Fare Condo with Upgrades

14511 Central Court #M2, Oak Forest, IL 60452

$196,000
1,150 sqft
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.
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Mixed-Use Property With Retail
Mixed-Use Property With Retail

15524 S Cicero Avenue, Oak Forest, IL 60452

$2,420,000

Combination of occupied storefronts and multifamily residences with garage and exterior parking for residents.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

6715 174th Street, Tinley Park, IL 60477

$399,000
0.18 AC lot

The 0.18-acre property includes a porch, deck, basement, and two-unit configuration.

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Mixed-Use Brick Building
Mixed-Use Brick Building

4039 147th Street, Midlothian, IL 60445

$319,900
0.37 AC lot

Fully leased commercial property includes a hair salon, rear apartment, two bathrooms, and on-site parking.

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Six-Unit Apartment Building
Six-Unit Apartment Building

14618 KEYSTONE AVE, Midlothian, IL 60445

Contact for pricing
4,600 sqft

Six-unit apartment building with three fully rehabbed units and remaining units positioned for rent growth.

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Two-Unit Duplex
Two-Unit Duplex

6715 174th St, Tinley Park, IL 60477

$399,000

The existing two-flat layout can be retained or considered for conversion, subject to applicable approvals.

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.

Residential Development Opportunity
Residential Development Opportunity

13149 Timber Trail, Palos Heights, IL 60463

$350,000

Vacant multi-family parcel approved for residential condo building.

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Wooded Lot in Tinley Park
Wooded Lot in Tinley Park

00 LOT 180th Street, Tinley Park, IL 60477

$44,000
1.17 AC lot

1.17 acre wooded lot in a vibrant community.

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Buildable Lot in Tinley Park
Buildable Lot in Tinley Park

7946 172nd Place, Tinley Park, IL 60477

$149,000

Residential lot in established neighborhood ready for custom construction.

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Orland Park Land Opportunity
Orland Park Land Opportunity

14355 S 94th Avenue, Orland Park, IL 60462

$299,900
2.00 AC lot

2+/- acres in the heart of Orland Park, Illinois.

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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)

15301 Knox Ave, Oak Forest, IL 60452-2549

Unit 11
Estimated value:
$1,940,000
0.15 AC lot
View details
15944 Latrobe Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15944 Latrobe Ave, Oak Forest, IL 60452-3811

Estimated value:
$300,000
1,860 sqft 0.15 AC lot
View details
15908 Grv Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15908 Grv Ave, Oak Forest, IL 60452-4018

Estimated value:
$295,000
1,716 sqft 0.15 AC lot
View details
5009 159th St
GARDEN APT, COURT APT (5+ UNITS)

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

Estimated value:
$420,000
0.45 AC lot
View details
5013 159th St
GARDEN APT, COURT APT (5+ UNITS)

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

Estimated value:
$420,000
0.45 AC lot
View details
5037 159th St
GARDEN APT, COURT APT (5+ UNITS)

5037 159th St, Oak Forest, IL 60452

Estimated value:
$425,000
0.30 AC lot
View details
5006 159th St
GARDEN APT, COURT APT (5+ UNITS)

5006 159th St, Oak Forest, IL 60452

Estimated value:
$425,000
0.33 AC lot
View details
5049 159th St
GARDEN APT, COURT APT (5+ UNITS)

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

Estimated value:
$425,000
0.30 AC lot
View details
5002 155th St
APARTMENT HOUSE (UNDER 5 UNITS)

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

Estimated value:
$445,000
2,340 sqft 0.34 AC lot
View details
4823 157th St
GARDEN APT, COURT APT (5+ UNITS)

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

Estimated value:
$1,925,000
0.41 AC lot
View details
15302 Knox Ave
GARDEN APT, COURT APT (5+ UNITS)

15302 Knox Ave, Oak Forest, IL 60452-2530

Estimated value:
$3,810,000
0.39 AC lot
View details
15311 Knox Ave
GARDEN APT, COURT APT (5+ UNITS)

15311 Knox Ave, Oak Forest, IL 60452-2513

Estimated value:
$1,940,000
0.15 AC lot
View details
15311 Knox Ave
GARDEN APT, COURT APT (5+ UNITS)

15311 Knox Ave, Oak Forest, IL 60452-2513

Estimated value:
$1,940,000
0.19 AC lot
View details
15302 Knox Ave, Unit 12
GARDEN APT, COURT APT (5+ UNITS)

15302 Knox Ave, Oak Forest, IL 60452-2522

Unit 12
Estimated value:
$3,810,000
0.39 AC lot
View details
15301 Knox Ave, Unit 11
GARDEN APT, COURT APT (5+ UNITS)

15301 Knox Ave, Oak Forest, IL 60452-2549

Unit 11
Estimated value:
$1,940,000
0.15 AC lot
View details
15920 Leclaire Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15920 Leclaire Ave, Oak Forest, IL 60452-3864

Estimated value:
$330,000
2,340 sqft 0.41 AC lot
View details
16025 Laramie Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16025 Laramie Ave, Oak Forest, IL 60452-3863

Estimated value:
$465,000
3,869 sqft 0.41 AC lot
View details
16000 Frst Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16000 Frst Ave, Oak Forest, IL 60452-4014

Estimated value:
$320,000
2,001 sqft 0.15 AC lot
View details
16000 Frst Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16000 Frst Ave, Oak Forest, IL 60452-4014

Estimated value:
$320,000
1,600 sqft 0.15 AC lot
View details
15316 Cicero Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15316 Cicero Ave, Oak Forest, IL 60452-2502

Estimated value:
$450,000
3,274 sqft 0.32 AC lot
View details
15511 Cicero Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15511 Cicero Ave, Oak Forest, IL 60452

Estimated value:
$645,000
8,190 sqft 0.33 AC lot
View details

Oak Forest, IL Residential Income Properties Market Trends and Statistics

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 8,213 square feet of properties for sale, with an estimated market value of $2,616,000.

Sale prices for residential investment properties in Oak Forest, IL start at $196,000, averaging $1,308,000, and reaching up to $2,420,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Multifamily properties 2

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 average listing prices of real estate assets

Neighborhood Average Price
60452 $1.3M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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