16224 S Cicero Ave Oak Forest, IL 60452
Estimated payment $4,214/month
About This Lot
SVN proudly presents this incredible development opportunity on busy Cicero Ave in Oak Forest. Sitting across from the Oak Forest Health center and Heritage Forest Preserve, and just north of the Midlothian Reservoir, this prime location boasts high traffic counts, great street visibility, and easy access via the 3 curb cuts. This location already has renderings for potential development (in brochure), however it could also be a great location for a car wash, tire/oil change facility, and a variety of other business uses. This excellent opportunity will not last long, bring your ideas and watch them flower into success!
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,875
Lot Details
- 0.92 Acre Lot
- Lot Dimensions are 350x115
Utilities
- Electricity To Lot Line
- Gas Available
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,587 | $4,388 | $4,388 | -- |
2023 | $2,180 | $4,388 | $4,388 | -- |
2022 | $2,180 | $4,680 | $4,680 | $0 |
2021 | $2,126 | $4,680 | $4,680 | $0 |
2020 | $2,050 | $4,680 | $4,680 | $0 |
2019 | $1,968 | $4,387 | $4,387 | $0 |
2018 | $3,368 | $7,674 | $4,387 | $3,287 |
2017 | $3,352 | $7,674 | $4,387 | $3,287 |
2016 | $3,217 | $7,089 | $3,802 | $3,287 |
2015 | $3,125 | $7,089 | $3,802 | $3,287 |
2014 | $3,048 | $7,089 | $3,802 | $3,287 |
2013 | $2,715 | $7,089 | $3,802 | $3,287 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/02/2025 01/02/25 | For Sale | $550,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $120,000 | Fatic | |
Warranty Deed | $75,000 | -- | |
Deed | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $550,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $51,000 | Unknown | |
Previous Owner | $52,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12263072

APN: 28-21-219-018-0000
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