For Sale
$2,500,000

16710 Cicero Ave Oak Forest, IL 60452

6.6 Acres, Prime Location, $2.5M

Overview

Added:
Dec 11, 2024
Days on market:
130
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.

Property Details for 16710 Cicero Ave

Property type
Land, Industrial properties
Lot Size (sq. ft)
287,496 SF

Location Insight

City
Oak Forest
County
Cook
State
Illinois
Latitude
41.588573000238
Longitude
-87.736941917228
16710 Cicero Ave, Oak Forest, Illinois

FAQs

What type of property is this?
Land - 6.6 Acres, Prime Location, $2.5M
Where is the land located?
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.
How can I contact the broker?
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16710 Cicero Ave
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