Park Forest, IL Retail space for sale

Updated: Aug 13, 2024

Free-Standing Building in Park Forest

49-59 North Street, Park Forest, IL 60466

$1,500,000

12,600 sqft

Cannabis approved site
Potential Class 8 tax incentive
Well maintained free‑standing building divisible into six 2,100 SF units
Ideally located collision shop space
Updated LED lighting and new emergency exit doors

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This listing looks promising.

Here's a quick look at some key insights for

49-59 North Street, Park Forest, IL 60466

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$119K
Annual
Price @ 7% Cap

$1.7M
Above asking

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Updated: May 13

Two-Story Building For Sale/Lease

24341 Western Avenue, University Park, IL 60466

Contact for pricing

9,929 sqft

Two‑story building offering flexibility for various uses.
Property available for sale or for lease.
Additional property details available.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in Park Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 1 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.

Versatile Commercial Building in Steger

3334 Chicago Road, Steger, IL 60475

$179,900

3,000 sqft · 0.14 AC lot

3000 sq ft building with flexible space and utilities.

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Versatile Commercial Space Available

3001 Chicago Rd, Steger, IL 60475

$315,000

5,000 sqft

Adaptable space suitable for retail, office, or service businesses.

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Chicago Heights Commercial Opportunity

1313 Hilltop Avenue, Chicago Heights, IL 60411

$435,000

6,000 sqft

6000 sq ft office/warehouse with on-site parking.

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Chicago Heights Commercial Property Opportunity

1488 Aberdeen Street, Chicago Heights, IL 60411

$195,000

2,519 sqft

Single-level commercial property with three units in Chicago Heights.

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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.

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Off-Market Properties in Park Forest, IL

Consider similar Off-Market properties in Park 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.