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$2,420,000 Just Listed
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Property Description
The property consists of three (3) retail and ten (10) multifamily units. The retail spaces are rented by a salon, barbershop, and an eyebrow threading studio. The multifamily units are made up of two (2) 1-bed and eight (8) 2-bed units. The property also has ten (10) total garages and one (1) exterior space per unit. The property is well-located in Oak Forest. Residents have access to dining and retail options along Cicero Ave. The Oak Forest Metra Station is only .5 miles away, providing transportation to Downtown Chicago. The PACE bus also picks up along Cicero Ave, giving easy access to the CTA Midway Station and other surrounding suburbs. Residents can also enjoy easy access to the nearby Midlothian Meadows, a local woodland preserve with plenty of outdoor recreation and picnic areas.
Full Property Details
Full Property Details for 15524 S Cicero Ave
General
- Price: $2,420,000
- Taxes: $64,609 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12759921
- Updated: 9/15/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Oak Forest
- County: Cook
- Driving Directions: Exit I-57 to 159th Street heading west. Take right onto Cicero Ave. Property is on the left
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Trash: 5305
Structural Information
- Stories/Levels: 3
- # of Stores: 3
- Year Built: 2007
Lot Features
- Lot Size (Sq. Ft.): 28,096
- Lot Dimensions: 28096 Sq. Ft.
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $6,850
- Security Deposit: Alarm Monitored
- Assessment Year: 2007
- Tax Amount: $64,609
- Tax Year: 2025
- Pays Electric: 5775
- Pays Trash: 5305
Disclosures and Reports
- Property ID: 28164030510000
Listed by Flats, LLC
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Schools
Schools serving 15524 S Cicero Ave
School Districts:Bremen Community High School District 228, Arbor Park School District 145
| Name | Grades | Distance |
|---|---|---|
Scarlet Oak Elementary School 5731 Albert Drive, Oak Forest, IL 60452 | 3-4 | 1.2 mi |
Kimberly Heights Elementary School 6141 Kimberly Drive, Tinley Park, IL 60477 | PK-K | 2.1 mi |
Arbor Elementary School 17303 Central Ave, Oak Forest, IL 60452 | 1-2 | 2.4 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 0.9 mi |
Arbor Park Middle School 17303 Central Ave, Oak Forest, IL 60452 | 5-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15524 S Cicero Ave
Date
Details
Price
Change
Source
9/15/2026
Listed
$2,420,000
—
MLS
Disclaimer: Historical sales 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 15524 S Cicero Ave
15524 S Cicero Avenue, Oak Forest, IL 60452 (MLS# 12759921) is a Commercial property. 15524 S Cicero Avenue is currently listed for $2,420,000 and was received on September 15, 2026. Want to learn more about 15524 S 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.

