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Property Description
New construction Metra Rail T.O.D. retail development located at the busy intersection of 159th & Cicero in Oak Forest, Illinois, with a combined daily traffic count of over 60,000 VPD. The +/- 4,700 SF divisible retail space is located within the Oak Forest Gateway Association, home to the Metra Rock Island District rail station with service to Downtown Chicago, serving over 1,000 daily transit commuters. Join Starbucks, ATI Physical Therapy, First Savings Bank, and the new DG Market at the Gateway Development. New construction visible from the traffic-signalized hard corner. The Oak Forest Gateway Association will be home to a future estimated 160+ unit multifamily development. Terrific traffic counts, great visibility, T.O.D. Ideal for retail, QSR, service-oriented providers, med-tail, and more! The property also features huge visible signage to advertise your business.
Full Property Details
Full Property Details for MLS# 12263869
General
- Price: $35
- Taxes: $11,611 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12263869
- Updated: 6/3/2025
- Added to Site: 388 day(s) ago
Location
- Area: Oak Forest
- County: Cook
- Driving Directions: On the corner of 159th and Cicero. Enter on either side at 159th or Cicero and enter parking lot.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Year Built: 2024
Financial Considerations
- Lease Price: $35
- For Sale/Rent/Lease: For Rent Only
- Assessment Year: 2024
- Tax Amount: $11,611
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
Listed by First In Realty, Inc.
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Schools
Schools serving MLS# 12263869
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 | 1.9 mi |
Arbor Elementary School 17303 Central Ave, Oak Forest, IL 60452 | 1-2 | 2 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 1.1 mi |
Arbor Park Middle School 17303 Central Ave, Oak Forest, IL 60452 | 5-8 | 2 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 MLS# 12263869
Date
Details
Price
Change
Source
1/08/2025
Listed
$35
—
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 MLS# 12263869
MLS# 12263869, Oak Forest, IL 60452 (MLS# 12263869) is a Commercial Lease property. MLS# 12263869 is currently listed for $35 and was received on January 08, 2025. Want to learn more about MLS# 12263869? Do you have questions about finding other Commercial Lease 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.

