The property consists of three (3) retail and ten (10) multifamily units. The retail spaces are rented by a salon, barbershop, and an eyebrow threading studio. The multifamily units are made up of two (2) 1-bed and eight (8) 2-bed units. The property also has ten (10) total garages and one (1) exterior space per unit. The property is well-located in Oak Forest. Residents have access to dining and retail options along Cicero Ave. The Oak Forest Metra Station is only .5 miles away, providing transportation to Downtown Chicago. The PACE bus also picks up along Cicero Ave, giving easy access to the CTA Midway Station and other surrounding suburbs. Residents can also enjoy easy access to the nearby Midlothian Meadows, a local woodland preserve with plenty of outdoor recreation and picnic areas.
| Listing Id: | 12759921 |
|---|---|
| List Price: | $2,420,000 |
| Property Type: | Commercial Sale |
| Property Type: | Mixed Use |
| Status: | Active |
| Parking On Site: | No |
| Tax Annual Amount: | $64,609 |
| Lot Size Square Feet: | 28,096 |
| City: | Oak Forest |
| County Or Parish: | Cook |
| Postal Code: | 60452 |
| Year Built: | 2007 |
| Total # Units In Building: | 13 |
| Basement: | false |
| Cooling: | Central Air |
| Directions: | Exit I-57 to 159th Street heading west. Take right onto Cicero Ave. Property is on the left |
| Electric: | Other |
| Electric Expense: | $5,775 |
| Fuel Expense: | 672 |
| Gross Income: | $287,160 |
| Gross Scheduled Income: | $291,768 |
| Insurance Expense: | $6,850 |
| Lot Size Dimensions: | 28096 Sq. Ft. |
| MLS Area Major: | Oak Forest |
| Approximate Age: | 16-25 Years |
| Agent Owned/Interest (Y/N): | No |
| # Of Apts: | 10 |
| Built Before 1978 (Y/N): | No |
| Fire Protection: | Alarm Monitored |
| Geographic Locale: | South Suburban |
| Gross Rent Multiplier: | 8.4 |
| Heat/Ventilation: | Forced Air |
| Information: | List Broker Must Accompany, 48-Hr Notice Required |
| List Price Per Sf: | 0 |
| Market Code: | Active |
| # Of Offices: | 0 |
| Indoor Parking: | 13-18 Spaces |
| Outdoor Parking: | 13-18 Spaces |
| Property Offered: | For Sale Only |
| Total Monthly Income: | 23930 |
| # Of Stores: | 3 |
| Update Date: | 2026-09-21T05:05:28 |
| Original List Price: | $2,420,000 |
| Parcel Number: | 28164030510000 |
| State Or Province: | IL |
| Stories: | 3 |
| Tax Year: | 2025 |
| Trash Expense: | $5,305 |
| Water Sewer Expense: | $8,138 |
| Actual Status: | Active |
Listing Courtesy of: Flats, LLC
Listing Agent: Melissa Morgan
847-456-1206
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Information deemed reliable but not guaranteed.
Midwest Real Estate Data LLC data last updated on October 08, 2026 04:08 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:08 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 04:08 PM - CT
