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$379,900 Just Listed
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Property Description
VERSATILE & HIGHLY VISIBLE 7,688 SF OFFICE/WAREHOUSE BUILDING ON CICERO AVENUE FEATURING 6,308 SF OF FINISHED OFFICE SPACE AND 1,380 SF OF WAREHOUSE WITH 12 FT CLEAR HEIGHT AND TWO DRIVE-IN DOORS. BUILT OF DURABLE BRICK AND CONCRETE BLOCK, THE PROPERTY INCLUDES MULTIPLE PRIVATE OFFICES, TRAINING ROOMS, EIGHT WASHROOMS, AND SEPARATELY METERED UTILITIES. THE SECOND FLOOR OFFERS THREE OFFICE SUITES (2,415 SF), IDEAL FOR EXPANSION OR LEASE UP. THE ROOF IS NEW IN 2025. ADA COMPLIANT RESTROOMS. SITUATED ON A 14,660 SF LOT WITH ONSITE PARKING AND C3 ZONING, THIS ADAPTABLE MULTI TENANT BUILDING IS READY FOR A WIDE RANGE OF COMMERCIAL USES. THE CITY IS ALSO OPEN TO CONVERTING TO MIXED USE WITH APARTMENTS ON THE 2nd FLOOR. TRAFFIC COUNTS ARE 25,700. SOLD AS-IS.
Full Property Details
Full Property Details for 15331 Cicero Ave
General
- Price: $379,900
- Taxes: $26,002 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12546672
- Updated: 1/14/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Multi-Tenant, Overhead Door(s), Private Restroom(s)
- Flooring: Carpet, Concrete
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s)
Location
- Area: Oak Forest
- County: Cook
- Township: Bremen
- Driving Directions: 159th STREET TO CICERO AVE. NORTH TO 15331 CICERO.
- Location Details: South Suburban, Mixed-Use Area, Public Transport Avail, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Foundation: Concrete Perimeter
- Drive-In Doors: 2
- Sub-Flooring: Carpet, Concrete
- Stories/Levels: 2
- Square Feet: 7,688
- Current Bldg. Use: Commercial, Office
- Year Built: 1959
- Built Before 1978: Yes
- Property Condition: New Construction
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 14,660
- Lot Dimensions: 51 x 285
- Frontage: City Street, Public Road
- Potential Use: Commercial, Condominium, Office
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Fire Extinguisher/s
- Assessment Year: 1959
- Tax Amount: $26,002
- Tax Year: 2024
Disclosures and Reports
- Property ID: 28151170010000
Listed by Village Realty, Inc.
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Schools
Schools serving 15331 Cicero Ave
School Districts:Bremen Community High School District 228, Forest Ridge School District 142
| Name | Grades | Distance |
|---|---|---|
Ridge Early Childhood Center 5151 149th Street, Oak Forest, IL 60452 | PK-K | 0.7 mi |
Lee R Foster Elementary School 5931 School Street, Oak Forest, IL 60452 | 1-5 | 1.5 mi |
Jack Hille Middle School 5800 151st Street, Oak Forest, IL 60452 | 6-8 | 1.4 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15331 Cicero Ave
Date
Details
Price
Change
Source
1/14/2026
Listed
$379,900
-22.47%
MLS
10/19/2004
Sold
$490,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15331 Cicero Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$24,054
20%
$76,880
61%
2022
$20,061
-65%
$47,780
-65%
2021
$56,540
256%
$138,078
242%
2020
$15,891
-1%
$40,362
1%
2019
$16,111
2%
$40,000
—
2018
$15,840
—
$40,000
—
2017
$15,893
-20%
$40,000
-18%
2016
$19,923
2%
$48,488
—
2015
$19,446
-12%
$48,488
-14%
2014
$22,034
20%
$56,585
8%
2013
$18,353
-3%
$52,574
-7%
2012
$18,878
—
$56,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15331 Cicero Ave
15331 Cicero Avenue, Oak Forest, IL 60452 (MLS# 12546672) is a Commercial property. 15331 Cicero Avenue is currently listed for $379,900 and was received on January 14, 2026. Want to learn more about 15331 Cicero Avenue? Do you have questions about finding other Commercial real estate for sale in Oak Forest? You can browse all Oak Forest real estate or contact a Coldwell Banker agent to request more information.

