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Active - Land for sale

Oak Forest, IL

Facts & features

Land Property type
66,647 sqft Lot size

Why you’ll love it

1.5 acres of prime commercial vacant Cicero Avenue Frontage in popular Oak Forest! Fully improved, cleared of all concrete, and environmentally clean, the site is ready for development. Economic enterprise zone with enhanced opportunity incentives for successive ownership. 1 enlarged curb cut along Cicero Avenue and one curb cut along 153rd Street. Huge traffic counts! Near the busy corner of 147th and Cicero, there is a newer commuter train station and residential development. The largest vacant commercial development site on Cicero Avenue. 266 feet frontage at the NWC of 153rd Street and Cicero, and 250 feet depth. "Ready-made" site for your next regional location shopping center, gas station, regional business retail, light commercial industrial, medical, or other potential users. A recent survey and an overview of recent site upgrades are available. Formerly Oak Forest Bowl! Subject property is divisible; please see MLS numbers 12596913 and 12596924.

Translating description...

Listings courtesy of Coldwell Banker Realty as distributed by MLS GRID.

Listed by: Charles Groebe • Coldwell Banker Realty

Co-listed by: Coldwell Banker Realty

Source: MRED as distributed by MLS GRID, MLS#: 12298077 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 5:23 PM EST.

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Affordability

$490,000$1,015,000
1%20%
0%90%
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Estimated monthly payment

$5,669/mo

  • Mortgage$3,792
  • Property tax$1,876
  • HOA fee
  • Homeowners insurance
Due at closing$596,250
Down payment held in escrow$150,000
Closing costs$11,250
beycome credit Est.$15,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Oak Forest

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 05:23pm EST. 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.

$750,000 Listed price

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$15,000 Credit back

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