This exceptional 6.6-acre commercial land parcel in Oak Forest, Illinois, presents a significant investment opportunity. Located at 16710-16900 S. Cicero Ave, this property boasts a highly desirable C2 – General Service Commercial District zoning, allowing for diverse development options. The site's strategic position, just one block from the full I-57 interchange, ensures excellent accessibility and high visibility. With substantial frontage on Cicero Avenue, the property offers ample space for a variety of commercial ventures, including potential uses such as a truck stop, multifamily housing, townhomes, self-storage facility, retail space, or industrial development. The strong population density in the surrounding area, with over 85,020 people within a 3-mile radius and more than 217,822 within a 5-mile radius, indicates significant market potential. The asking price is $2,500,000, and the land value is $8.70 per square foot. The property includes multiple APNs: 28-28-202-033, 28-28-202-011, 28-28-202-012, 28-28-202-013, 28-28-202-025, 28-28-202-026, and 28-28-202-027. This is a rare opportunity to acquire a large, well-located parcel ready for immediate development.
Highlights
6.6-acre commercial land parcel in Oak Forest, IL, ideal for various uses including truck stop, multifamily, townhomes, self-storage, retail, or industrial development.
Excellent location with significant frontage on Cicero Avenue.
Strong demographics: 85,020+ residents within a 3-mile radius and 217,822+ within a 5-mile radius.
One block from the I-57 full interchange, providing exceptional accessibility.
The property is located at 16710 Cicero Ave Oak Forest, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6.6-acre commercial land parcel in Oak Forest, IL, ideal for various uses including truck stop, multifamily, townhomes, self-storage, retail, or industrial development.; Excellent location with significant frontage on Cicero Avenue.; Strong demographics: 85,020+ residents within a 3-mile radius and 217,822+ within a 5-mile radius.
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Contacts
Anne Dempsey
Kate Dempsey
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Cicero Ave Oak Forest, IL 60452
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Cicero Ave Oak Forest, IL 60452
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16710 Cicero Ave
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