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$499,900 Just Listed
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Property Description
Premier office condo available at the signalized corner of 159th Street and Ridgeland Avenue, directly across from the Oak Forest National Golf Course and walking path. This highly visible location offers excellent accessibility and a professional setting. The building consists of four combined but separate office units with four 1/2 baths, allowing for flexible, divisional use-ideal for organizations seeking defined private areas for multiple departments or operations. The space is nicely appointed, with a balanced layout that features open work areas alongside large private offices. Large kitchen lunch room with built-in cabinets and storage. Lots of windows for natural lighting. Office furniture and shelving use negotiable. Ample parking surrounds the building, providing convenience for both staff and visitors. Suitable for a wide range of uses, including general office, medical, professional services, therapy, or a regional/national headquarters. Immediate occupancy available.
Full Property Details
Full Property Details for 15859 Ridgeland Ave
General
- Price: $499,900
- Taxes: $26,916 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12635864
- Updated: 5/1/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: Oak Forest
- County: Cook
- Township: Bremen
- Driving Directions: 159th and Ridgeland, NorthEast corner office building 15859 building Units A-D
- Location Details: Southwest Suburban, Central Business District, Commercial Business Park, Corner, Office Park
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Foundation: Concrete Perimeter
- Roof: Composition
- Sub-Flooring: Tile
- Stories/Levels: 1
- Square Feet: 4,000
- Current Bldg. Use: Office, Medical/Dental
- Year Built: 1985
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 20,000
- Lot Dimensions: 100 x 200
- Frontage: City Street
- Potential Use: Office
- Zoning: COMMR
Financial Considerations
- Lease Price: $25
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1985
- Tax Amount: $26,916
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Scavenger
Disclosures and Reports
- Property ID: 28173020561009
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 15859 Ridgeland Ave
School Districts:Community Consolidated School District 146, Bremen Community High School District 228
| Name | Grades | Distance |
|---|---|---|
Walter F Fierke Ed Center 6535 Victoria Drive, Oak Forest, IL 60452 | K-5 | 0.5 mi |
Central Middle School, Tinley Park, IL 18146 Oak Park Avenue, Tinley Park, IL 60477 | 6-8 | 2.9 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 1.4 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 15859 Ridgeland Ave
Date
Details
Price
Change
Source
5/01/2026
Listed
$499,900
—
MLS
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 15859 Ridgeland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,276
-25%
$17,533
-4%
2022
$8,376
1%
$18,343
—
2021
$8,265
1%
$18,343
—
2020
$8,145
19%
$18,343
22%
2019
$6,828
2%
$15,000
—
2018
$6,704
—
$15,000
—
2017
$6,682
—
$15,000
3%
2016
$6,707
3%
$14,610
—
2015
$6,540
3%
$14,610
—
2014
$6,378
-12%
$14,610
-21%
2013
$7,289
4%
$18,520
—
2012
$7,003
—
$18,520
—
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 15859 Ridgeland Ave
15859 Ridgeland Avenue, Oak Forest, IL 60452 (MLS# 12635864) is a Commercial property. 15859 Ridgeland Avenue is currently listed for $499,900 and was received on May 01, 2026. This property is listed by Chuck Groebe from our Gold Coast Office.Want to learn more about 15859 Ridgeland 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.


