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$550,000   Price Analysis
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16224 Cicero Ave
Oak Forest, IL 60452
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.92 acre lot.
Listed 2024-01-24, Taxes $2,050
Ⓧ USDA Ineligible
due to property

near Oak Forest

SVN proudly presents this incredible development opportunity on busy Cicero Ave in Oak Forest.

Sittin g acrss from the Oak Forest Health center and Heritage Forest Preserve and north of the Midlothian Reservoir, this prime location boasts high traffic counts, fantastic 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!


Presented by Derek Gonsch at
Sperry Van Ness.


Property MLS #11967175 from MRED

Total Bathrooms: 0

Additional Parcels Description: 28212190190000, 28212190200000, 28212190210000, 28212190240000, 28212190270000, 28212190280000
Lot Size Acres: 0.92
Lot Size Dimensions: 350X115
Lot Size Square Feet: 40075

Frontage Type: City Street
Road Surface Type: Asphalt

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 228

Morton Gingerwood Elementary School is a public elementary school located approximately 0.9 miles away.
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Oak Forest High School is a public high school located approximately 1.6 miles away.
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Arbor Park Middle School is a public elementary and middle school located approximately 1.6 miles away.
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St. Damian School is a private elementary and middle school located approximately 1.2 miles away.
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Annual Tax Amount: 14875.00
Source Listing Status: Active
County: Cook
Directions: From 159th/Cicero intersection, head south for 4 blocks, property is on the west side of the street.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Parcel Number: 28212190180000
Township: Bremen
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$unknown + $4,680
$4,680
$2,050
2019$unknown + $4,387
$4,387
$1,968
2018$3,287 + $4,387
$7,674
$3,367
2017$3,287 + $4,387
$7,674
$3,352
2016$3,287 + $3,802
$7,089
$3,216
2015$3,287 + $3,802
$7,089
$3,125
2014$3,287 + $3,802
$7,089
$3,047
2013$3,287 + $3,802
$7,089
$2,715
2012$3,287 + $3,802
$7,089
$2,597
2011$3,287 + $3,802
$7,089
$2,438
2010$6,801 + $3,510
$10,311
$3,312
2009$6,801 + $3,510
$10,311
$3,329
2007$3,288 + $6,435
$9,723
$2,791
2006$3,288 + $6,435
$9,723
$2,743

Listed 2024-01-24
$550,000
MRED
Listing removed 2023-08-03
$500,000
MRED
Listing removed 2022-03-29
$599,900
MRED
Listing removed 2021-03-05
$599,900
MRED
Listed 2020-03-16
$599,900
MRED
Sold 2007-09-17
$120,000
Public Record
Sold 2005-12-01
$75,000
Public Record
Sold 1987-05-12
$146,500
Public Record

Electric to Site
Gas to Site
Sanitary Sewer
Water Nearby
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.