Oak Forest, IL Storefront Properties for Sale

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Midlothian, IL Country Club Hills, IL Tinley Park, IL Markham, IL Orland Park, IL Posen, IL Hazel Crest, IL Robbins, IL

Updated: Oct 6, 2025

Oak Forest Commercial Opportunity

15530 Cicero Avenue, Oak Forest, IL 60452

$400,000

2,000 sqft 0.32 AC lot

Over 2000 sq ft of store front space.
Oversized 283 ft deep lot on Cicero Ave.
Income‑generating potential (currently leased).
Suitable for business or investment.
2‑car garage for workspace or storage.

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This listing looks promising.

Here's a quick look at some key insights for

15530 Cicero Avenue, Oak Forest, IL 60452

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$28K
Annual
Mortgage

$420K
Jun 2019
Last Sold

Aug 2019
$90K
Property Type

Retail Stores
Built 1991

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Updated: Jul 4

Two-Unit Retail Building

5736-5740 West 159th Street, Oak Forest, IL 60452

$1,285,000

8,831 sqft

8,831 SF retail building built in 1983 with 2 units
Currently 100% occupancy
Recently replaced roof
Brand new roof with a Class 8 RE tax incentive in place and described as transferrable

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Based on your search, we've compiled 24 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 14 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.

One-Story Retail Storefront with Basement

13016 Western Avenue S 406, Blue Island, IL 60406

$150,000

1,800 sqft

Bright open 1,800 SF one-story retail storefront with expansive display windows and a finished basement with storage.

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Retail Storefront Property

3000 Burr Oak Avenue, Blue Island, IL 60406

$565,000

Retail space for sale located at 3000 Burr Oak Avenue.

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Retail Development Site with Building

12213 S Harlem Ave, Palos Heights, IL 60463

Contact for pricing

2,400 sqft 0.32 AC lot

Development site includes a 2,400 sq ft building along Harlem Avenue near a municipal parking lot.

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Turn-Key Bakery in Palos Heights

7152 W 127th Street, Palos Heights, IL 60463

$250,000

Fully equipped bakery with training offered in Palos 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.

Commercial Corner Lot in Midlothian

4031 147th Street, Midlothian, IL 60445

$119,900

Prime commercial land in a high-traffic business district.

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Frankfort Commercial Land For Sale

7825 W Lincoln Highway, Frankfort, IL 60423

$510,000

0.84 AC lot

Highly visible commercial land in the heart of Frankfort, Illinois.

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Mokena Corner Lot Opportunity

McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

$135,000

0.28 AC lot

Prime commercial land in Mokena's Historic District.

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Chicago Commercial Land For Sale

22 E 112th Street, Chicago, IL 60628

Contact for pricing

0.07 AC lot

Commercial land in a rapidly developing Chicago neighborhood.

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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.

STORE, RETAIL OUTLET

5251 147th St, Oak Forest, IL 60452-1300

Value Estimation by Request

1.28 AC lot

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STORE, RETAIL OUTLET

15020 Cicero Ave, Oak Forest, IL 60452-1441

Value Estimation by Request

0.82 AC lot

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STORE, RETAIL OUTLET

15510 Cicero Ave, Oak Forest, IL 60452-3618

Value Estimation by Request

0.32 AC lot

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STORE, RETAIL OUTLET

15510 Cicero Ave, Oak Forest, IL 60452-3618

Value Estimation by Request

0.32 AC lot

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STORE, RETAIL OUTLET

15510 Cicero Ave, Oak Forest, IL 60452-3618

Value Estimation by Request

0.32 AC lot

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STORE, RETAIL OUTLET

14810 Cicero Ave, Oak Forest, IL 60452-1400

Value Estimation by Request

0.24 AC lot

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STORE, RETAIL OUTLET

14930 Cicero Ave, Oak Forest, IL 60452-1451

Value Estimation by Request

1.44 AC lot

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STORE, RETAIL OUTLET

15300 Cicero Ave, Oak Forest, IL 60452-2536

Value Estimation by Request

0.29 AC lot

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STORE, RETAIL OUTLET

4845 167th St, Oak Forest, IL 60452-4507

Value Estimation by Request

1.03 AC lot

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STORE, RETAIL OUTLET

4849 167th St, Oak Forest, IL 60452-4528

Value Estimation by Request

1.29 AC lot

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STORE, RETAIL OUTLET

15331 Cicero Ave, Oak Forest, IL 60452-2500

Value Estimation by Request

0.34 AC lot

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STORE, RETAIL OUTLET

15000 Cicero Ave Ste, Oak Forest, IL 60452-1480

Unit 100

Value Estimation by Request

0.82 AC lot

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STORE, RETAIL OUTLET

5200 159th St, Oak Forest, IL 60452-3326

Value Estimation by Request

0.86 AC lot

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STORE, RETAIL OUTLET

15124 Cicero Ave, Oak Forest, IL 60452-2402

Value Estimation by Request

0.20 AC lot

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Oak Forest, IL Storefront Properties Market Trends and Statistics

Explore 16 storefront properties for sale in Oak Forest, IL on our real estate platform. These investment opportunities span a total of 10,831 square feet of properties for sale, with an estimated market value of $1,685,000.

Sale prices for retail units in Oak Forest, IL start at $400,000, averaging $842,500, and reaching up to $1,285,000 — 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

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	$400K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Oak Forest, IL Storefront Properties for Sale

15530 Cicero Avenue, Oak Forest, IL 60452

5736-5740 West 159th Street, Oak Forest, IL 60452

Opportunities in Nearby Cities

13016 Western Avenue S 406, Blue Island, IL 60406

3000 Burr Oak Avenue, Blue Island, IL 60406

12213 S Harlem Ave, Palos Heights, IL 60463

7152 W 127th Street, Palos Heights, IL 60463