The Oaks

15417 South Cicero Avenue, Oak Forest, IL 60452

  • For Sale $675,000
  • Property Type Retail - Strip
  • Property Size 8,500 SF
  • Units 7
  • Lot Size 0.65 Acre
  • Additional Rent Contact for pricing
  • Year Built 1962
  • Date Updated Sep 14, 2024
From the intersection of 155th St and Cicero Ave, head south one block. Property is on the east side of the street.SVN proudly presents this excellent investment opportunity in business-friendly Oak Forest! This solid brick building has been cared for for the past 20 years by ownership, the plaza is self-managed, and they rarely raise 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 one 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 amenities 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 investor's portfolio, do not pass up!Corner storefront 15417 Cicero for lease. Former laundromat, not vanilla box. Water hookups still available, heavy-duty ventilation overhead.

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Attachments

Contacts

broker

Derek Gonsch

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable
  • Transit Score ®

    28/100 Some Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Oak Forest, IL
  • Neighborhood Oak Forest
  • Zip Code 60452
  • Market Chicago

Points of Interest

  • Blue Island

    4.36 miles

  • Homewood

    4.88 miles

  • Tinley Park-80th Avenue

    5.00 miles

  • 115th Street (Morgan Park)

    6.11 miles

  • Riverdale

    6.27 miles

  • 143rd Street (Orland Park)

    6.42 miles

  • West Pullman

    6.51 miles

  • 111th Street (Morgan Park)

    6.55 miles

  • Chicago Ridge

    6.76 miles

  • 107th Street (Beverly Hills)

    6.95 miles

  • Citgo

    0.97 miles

  • Mobil

    1.00 miles

  • Midwest

    1.13 miles

  • BP

    1.15 miles

  • Shell

    1.20 miles

  • Clark

    1.81 miles

  • Marathon

    1.83 miles

  • Speedway

    1.83 miles

  • Tesla Supercharger

    1.97 miles

  • BP

    2.11 miles

  • George W. Dunne National Driving Range

    1.57 miles

  • Catalina Grove Family Picnic Area

    3.42 miles

  • Strip Mall Parking Lot

    3.58 miles

  • Blue Island Park & Ride

    4.06 miles

  • Pace Harvey Park & Ride

    4.78 miles

  • Car Parking

    5.69 miles

  • Commuter Parking

    5.89 miles

  • Pace Homewood Park & Ride

    6.18 miles

  • Lot 3

    6.64 miles

  • Lot 12

    6.66 miles

  • Krispy Kreme

    0.91 miles

  • White Castle

    0.92 miles

  • Subway

    0.95 miles

  • McDonald's

    1.08 miles

  • Juiced by Shic

    1.30 miles

  • Burger King

    1.37 miles

  • Dunkin'

    1.41 miles

  • McDonald's

    1.44 miles

  • Bartolinis Restaurant Catering and Banquets

    1.56 miles

  • Subway

    1.71 miles

  • Berkot's Super Foods

    1.03 miles

  • Food 4 Less

    1.08 miles

  • Jewel-Osco

    1.23 miles

  • Walmart Supercenter

    2.19 miles

  • dd's Discounts

    2.54 miles

  • Walmart Supercenter

    2.55 miles

  • Ross

    2.80 miles

  • Meijer

    2.88 miles

  • Burlington

    2.97 miles

  • ALDI

    3.01 miles

Frequently Asked Questions

How much does The Oaks cost?

The space currently listed for sale at The Oaks asks for $675,000.

What is the total square footage of The Oaks?

The Oaks totals 8,500 square feet.

When was this property built?

The Oaks was built in 1962.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Derek Gonsch

SVN | Chicago Commercial