$1,499,000
$1M PRICE DROP

15240 S Cicero Ave Oak Forest, IL 60452

Estimated payment $11,829/month

Total Views 15,229
3.2 Acres
$468,438 Price per Acre
139,392 Sq Ft Lot

Highlights

  • 3.2 Acre Lot
  • Oak Forest High School Rated A-
  • Corner Lot

About This Lot

3.3 acres of prime commercial vacant Cicero Avenue Frontage in popular Oak Forest! Fully improved and cleared of all concrete and environmentally clean site ready for development. Economic enterprise zone for enhanced opportunity incentives to successive ownership. 2 enlarged curb cuts along Cicero Avenue and one curb cut along 153rd street. Huge traffic counts! Near the busy corner of 147th and Cicero and a newer commuter train station residential development. The largest vacant commercial development site on Cicero Avenue. 630 feet frontage at the NWC of 153rd Street and Cicero and 220+ 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 upgrades to the site are available. Formerly Oak Forest Bowl!

Listing Agent

Charles Groebe

Coldwell Banker Realty License #475091121 Listed on: 02/26/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46,957

Lot Details

  • 3.2 Acre Lot
  • Lot Dimensions are 630x220
  • Property fronts a highway
  • Corner Lot
  • Additional Parcels
  • Property is zoned COMMR

Property Details

Property Type

Land

Est. Annual Taxes

$46,957

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt, Concrete
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Multi-Family, Retail, Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 630
  • Frontage Type: City Street, Public Road, State Road, US Highway
  • List Price: 1499000
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Municipal Water

Schools

  • Middle/Junior School District: 228

Lot Info

  • Additional Parcels Description: 28162150350000,28162150560000,28162150570000,28162150580000,28162150590000,28162150600000,28162150550000,28162150530000,28162150470000,28162150450000
  • Additional Parcels: Yes
  • Lot Size Acres: 3.2
  • Lot Dimensions: 630X220
  • Zoning: COMMR
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 140000
  • Land Description: Cleared,Level

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 46957
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,490 $42,518 $42,518 --
2023 $63,644 $75,076 $64,203 $10,873
2022 $63,644 $151,580 $113,382 $38,198
2021 $62,068 $151,579 $113,382 $38,197
2020 $59,678 $151,579 $113,382 $38,197
2019 $66,064 $164,018 $106,295 $57,723
2018 $64,951 $164,018 $106,295 $57,723
2017 $65,169 $164,018 $106,295 $57,723
2016 $64,492 $156,955 $92,122 $64,833
2015 $62,947 $156,955 $92,122 $64,833
2014 $61,117 $156,955 $92,122 $64,833
2013 $54,821 $157,043 $92,122 $64,921
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Price Changed $1,499,000 -21.1% --
07/08/2025 07/08/25 Price Changed $1,900,000 -24.0% --
02/26/2025 02/26/25 For Sale $2,499,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $1,356,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,148,374 Commercial
Previous Owner $1,624,000 Commercial
Previous Owner $400,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12298077

Midwest Real Estate Data (MRED)

APN: 28-16-215-034-0000