Active - Other for sale
Richton Park, IL
Facts & features
Why you’ll love it
23060 Cicero Avenue presents a rare opportunity to acquire a highly visible standalone commercial property on approximately 0.85 acres at the northwest corner of Cicero Avenue and Steger Road in Richton Park, Illinois. Positioned along one of the South Suburbs' primary commercial corridors and located just minutes from Interstate 57, this property offers the combination of location, land, parking, accessibility, and redevelopment potential that is increasingly difficult to find in today's market. The property consists of an approximately 3,690 square foot two-story brick commercial building situated on a 36,961 square foot site with extensive onsite parking and exceptional street visibility. Zoned C-1 Community Commercial, the property is ideally suited for a wide range of commercial, professional, service-oriented, healthcare, educational, nonprofit, administrative, and community-focused uses. The zoning classification provides flexibility for future ownership while supporting long-term value and occupancy potential. What makes this opportunity particularly attractive is the scale of the site relative to the building footprint. Commercial buyers are continually searching for properties that provide room to operate, expand, accommodate employees and visitors, and adapt to future business needs. With nearly an acre of land, substantial parking capacity, and a standalone building configuration, the property offers the type of functionality that many smaller commercial sites simply cannot provide. The location places users at the center of the Chicago Southland market, serving the surrounding communities of Richton Park, Matteson, Park Forest, Olympia Fields, Country Club Hills, University Park, Frankfort, and neighboring suburban populations. Easy access to Interstate 57 allows employees, customers, clients, vendors, and organizational partners to reach the property efficiently from throughout the south suburban region and the greater Chicago metropolitan area. For owner-users, the property represents an opportunity to establish a long-term headquarters location with dedicated parking, strong visibility, and complete control over the real estate. Professional service firms, medical and behavioral health providers, counseling centers, workforce development organizations, educational institutions, trade schools, community service agencies, nonprofit organizations, and administrative offices will appreciate the flexibility offered by the existing building and oversized site. For investors and developers, the property offers a compelling value-add and repositioning opportunity within a corridor that continues to benefit from regional transportation access and established residential density. The combination of a signalized corner location, commercial zoning, existing improvements, municipal utilities, and significant land area creates multiple paths to future value creation. Opportunities to acquire commercial properties with this level of visibility, parking, and land area are becoming increasingly limited throughout the South Suburban marketplace. Additional property features include municipal water and sewer service, gas and electric utilities to the site, substantial onsite parking, a full basement level for storage or operational support, and a location within Rich Township served by Rich Township High School District 227 and School District 159. Whether the vision is a corporate headquarters, professional office campus, medical office, healthcare facility, educational center, nonprofit headquarters, workforce training center, community services hub, or strategic redevelopment project, 23060 Cicero Avenue offers the foundation to create a lasting presence in one of the South Suburbs' most accessible commercial locations.
Listed by: Moses Hall • MoHall Commercial & Urban Development
Co-listed by: MoHall Commercial & Urban Development
Source: MRED as distributed by MLS GRID, MLS#: 12683960
Based on information as of Sep 02, 2026 at 11:23am EDT.
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Affordability
$455/mo
- Mortgage$455
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Richton Park
AI-generated overview for informational purposes only.
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Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
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Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
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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 Sep 02, 2026 at 11:23am EDT. 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.