Listing provided courtesy of First In Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12608924MLS Provider

Oak Forest, IL 60452

Commercial
$35 Active

Overview

Time on Site:
88 days
Visits:
0

New construction Metra Rail T.O.D. retail development located at the busy intersection of 159th & Cicero in Oak Forest, Illinois, with a combined daily traffic count of over 60,000 VPD. The +/- 4,700 SF divisible retail space is located within the Oak Forest Gateway Association, home to the Metra Rock Island District rail station with service to Downtown Chicago, serving over 1,000 daily transit commuters. Join Starbucks, ATI Physical Therapy, First Savings Bank, and the new DG Market at the Gateway Development. New construction visible from the traffic-signalized hard corner. The Oak Forest Gateway Association will be home to a future estimated 160+ unit multifamily development. Terrific traffic counts, great visibility, T.O.D. Ideal for retail, QSR, service-oriented providers, med-tail, and more! The property also features huge visible signage to advertise your business.

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Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 2024

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Oak Forest

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer, All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $11,611.00

General Information

  • Property Type: Commercial Lease

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 4700
  • Stories: 1

Unit Information

  • Unit SqFt.: 4700

Exterior

Neighborhood

Community

60452 (OAK FOREST) Demographics

42
Median Age
2,947
Population Density (per sq. mile)
40%
College Educated
$79,138
Estimated Median Income
8,275
Estimated Total Home Owners
1,813
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Market Data

Based on the last 30 days in this zip code

$314,563
Average List Price
$214
Average Price per Square Foot
17
Properties Sold
39
Average Days on Market
74
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
4/7/2026Source: MRED Status Change
Active
4/2/2026Source: MRED Added to Database
April 02, 2026