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    Oak Forest, IL
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    Oak Forest, IL Restaurants for Sale

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    Midlothian, IL Country Club Hills, IL Tinley Park, IL
    High-Visibility Site on 159th Street
    $390,000
    1.26 Acres

    High-Visibility Site on 159th Street

    5310 W 159th Street, Oak Forest, IL 60452

    Prime development opportunity with strong demographics and high traffic.

    • High‑visibility location on 159th St with 34,467+ Average Annual Daily Traffic (AADT).
    • Surrounded by strong national brands.
    • Strong demographics: $88K median household income and 26,667 population.
    • Ideal for drive‑thru, medical, auto, or retail uses.
    • Excellent access.
    Updated: Feb 25
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    Cicero Avenue Commercial Site
    $160,000
    0.50 Acres

    Cicero Avenue Commercial Site

    15230 S Cicero Avenue, Oak Forest, IL 60452

    Prime commercial land with drive-thru potential on Cicero Avenue.

    • Premier Cicero Avenue frontage offers high visibility and exposure.
    • Ideal for a drive‑thru restaurant, coffee shop, or medium‑sized building.
    • Expansion possibilities exist on the 1/2 acre site.
    • Commercial incentives include TIF and Economic Development benefits.
    • Conveniently located on the west side of Cicero Avenue for morning commuters.
    Updated: Apr 1
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Boba Tea Shop Assets
    $140,000

    Boba Tea Shop Assets

    Fully equipped boba tea shop assets for sale.

    15945 Harlem Avenue, Tinley Park, IL 60477
    View details
    Freestanding Restaurant in Orland Park
    Contact for pricing
    2,321 SF

    Freestanding Restaurant in Orland Park

    Freestanding Arby’s restaurant with drive-through and parking.

    15765 S Harlem Ave, Orland Park, IL 60462
    View details
    Prime Corner Lot Opportunity
    $350,000
    0.70 Acres

    Prime Corner Lot Opportunity

    Versatile commercial lot near Expo Center and Amphitheater.

    18301 Oak Park Avenue, Tinley Park, IL 60477
    View details
    Freestanding Restaurant in Orland Park
    $1,398,000
    2,321 SF

    Freestanding Restaurant in Orland Park

    Freestanding Arby's with over 9 years remaining on lease.

    15765 S Harlem Ave, Orland Park, IL 60462
    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.

    Commercial Corner Lot in Midlothian
    $119,900

    Commercial Corner Lot in Midlothian

    Prime commercial land in a high-traffic business district.

    4031 147th Street, Midlothian, IL 60445
    View details
    Crestwood Commercial Lot on Cicero
    $749,900
    1.00 Acre

    Crestwood Commercial Lot on Cicero

    Prime commercial lot in Crestwood business district with high exposure.

    14101 South Cicero Avenue, Crestwood, IL 60418
    View details
    Commercial Vacant Lot For Sale
    $70,000
    0.22 Acres

    Commercial Vacant Lot For Sale

    Prime commercial land in high-traffic area near established businesses.

    14539 Crawford Avenue, Midlothian, IL 60445
    View details
    Vacant Land in Booming District
    $224,900
    0.30 Acres

    Vacant Land in Booming District

    Vacant land ideal for retail, office, or restaurant development.

    11906 S Cicero, Alsip, IL 60803
    View details

    Oak Forest, IL Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Oak Forest, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for restaurant properties in Oak Forest, IL start at $160,000, averaging $275,000, and reaching up to $390,000 — 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

    Drive through restaurants 2
    Coffee shops 1

    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 $275K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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