Oak Forest IL Commercial for Sale

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Type:
Office
Sq.Ft.:
7,424
Status:
Active
Beds:
n/a
Year built:
1973
Baths:
MLS#:
12152786

ADDITIONAL INFORMATION

An Opportunity like this rarely knocks to own a great office building on a corner lot on Central and Victoria. Current owner uses as medical offices and has owned bldg for 40years. A large skylit reception area greets you as you enter the bldg. There are 2 large separate spaces on the main floor with a reception area that can access both sides, you could explore renting out the other half. The lower level has been demo'd (electrical has been kept in place) and is a wide open canvas for your own ideas and also for you to see what the main level would look like if you chose to remove the medical offices for other creative uses. There are 32 parking spaces, 2 of which are disabled. There is a disabled ramp down to the lower level. Front and rear entraces are double doored for security and there are two side fireescape entrances. Men's and women's restroom. Perfect for a new business professional or possible residential development. Located across from Oak Forest High School. Do not miss this opportunity!

Type:
Other
Sq.Ft.:
8,500
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
12112476

ADDITIONAL INFORMATION

SVN proudly presents this excellent investment opportunity in business-friendly Oak Forest! This solid brick building has been cared for the past 20 years by ownership, the plaza is self managed, and they rarely raised rents. This property sits nicely on busy Cicero Ave, and has a large sign with great visibility on the main road. There are 21 parking spots, plus 1 disabled spot, and an unpaved lot in the rear to add more parking to the building. The lot is resealed every other year, and the roof has been cared for as needed, approximately 10 years old. TAKE ADVANTAGE of the far below market rents, raise them at your discretion, and reap the rewards! Many of these tenants have been at the center for years, and the landlords rarely (if ever) raised the rents. The center has a good mix of amenity and destination tenants loved by the community. Tenants are responsible for their own gas and electric bills (separately metered). Motivated sellers are ready to retire. This will be an awesome addition to any investors portfolio, do not pass up!

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
11963849

ADDITIONAL INFORMATION

A property in Oak Forest suitable for both residential and commercial use, enabling you to run your business from home. The house is located in the back and has a large 15 x 30 bedroom upstairs. Spacious 15 x 30 living/dining room combo, a 12 x 15 kitchen, there is also a 10 x 15 office/bedroom on the main floor and a main floor bathroom. You will enjoy a large, private fenced-in yard. Sold As Is. This is not currently rented out.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Oak Forest Real Estate

The median home value in Oak Forest, IL is $193,300. This is lower than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Oak Forest, IL is $193,300. Approximately 76.27% of Oak Forest homes are owned, compared to 21.16% rented, while 2.57% are vacant. Oak Forest real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oak Forest real estate agent to arrange a tour today!

Oak Forest, Illinois 60452 has a population of 28,027. Oak Forest 60452 is more family-centric than the surrounding county with 31.16% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Oak Forest, Illinois 60452 is $73,765. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Oak Forest 60452 is 42.2 years.

Oak Forest Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.

Oak Forest Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    93
    30-day change

Oak Forest Schools and Demographics

Education near Oak Forest, IL

Metric City County
High School Graduates 90.65 86.19
College Degree - 2 year 8.88 6.53
College Degree - 4 year 25.6 37.19
Graduate Degree 6.69 10.61
Expenditures per Student 11,021 15,837
Students per Teacher 20.6 19.3

Elementary Schools near Oak Forest, IL

School Grades Students P/T Ratio ZIP
Bert H Fulton School PK - 05 633 13.7 60477
Central Park Elementary School PK - 08 770 16.8 60445
John A Bannes Elementary School PK - 05 421 15 60477
Kerkstra Elementary School 01 - 05 429 17.2 60452
Kolmar Elementary School KG - 08 620 16.5 60445
Lee R Foster Elementary School 01 - 05 433 15.2 60452
Morton Gingerwood Elementary School 01 - 02 299 19.9 60452
Nathan HALE Primary School PK - 03 577 18 60445
Ridge Early Childhood Center PK - KG 255 18.7 60452
Scarlet Oak Elementary School 03 - 04 311 17.9 60452
Springfield Elementary School PK - 06 369 15.5 60445
Walter F Fierke Education Center PK - 05 317 12.9 60452

Middle Schools near Oak Forest, IL

School Grades Students P/T Ratio ZIP
Arbor Park Middle School 05 - 08 655 22.6 60452
Central Middle School 06 - 08 743 13.5 60477
Jack Hille Middle School 06 - 08 512 19 60452
Nathan Hale Intermediate School 04 - 05 201 11.5 60445
Nathan HALE Middle School 06 - 08 395 12.7 60445
Virgil I Grissom Middle School 06 - 08 603 12.7 60477

High Schools near Oak Forest, IL

School Grades Students P/T Ratio ZIP
Bremen High School 09 - 12 1,407 19.1 60445
Oak Forest High School 09 - 12 1,385 18.9 60452
Tinley Park High School 09 - 12 1,203 18.7 60477

Ungraded Schools near Oak Forest, IL

School Grades Students P/T Ratio ZIP
* Project Challenge 12 - 12 30 30 60452
Braun Educational Center 04 - 12 83 5.7 60452

Demographics near Oak Forest, IL 60452

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 28,027 5,238,541
Population Density 4,674 5,544
Median Age 42.2 36.4
People per Household 2.7 2.6
Median Household Income 73,765 59,426
Average Income per Capita 32,182 33,722