Cook, US
Attention Brokers & Investors! Don't miss this exceptional opportunity to own prime real estate on one of the busiest streets in Illinois! With over 37,000 vehicles passing daily, this high-visibility standalone commercial building offers unbeatable exposure and endless potential. Property Highlights: Zoned C-3 - Ideal for a wide range of commercial or mixed-use developments. Additionally, Cannabis dispensaries and lounges are permitted without additional city approval. Per the village of Oakforest Community Planner Admin. Lot Size: 17,000+ SQFT Building: 1,450 SQFT all-brick structure Parking: 38 spaces on-site Current Use: Operating as a hair salon & day spa Easy Conversion: Perfect for retail, office, medical, or mixed-use. Recent Upgrades Include: Brand new (2023) commercial furnace New hot water tank Upgraded lighting throughout Additional Perks: Dual free-standing signage included - maximize your visibility Eligible for Oak Forest's TIF & Facade Improvement Programs - tap into tax incentives and improvement grants This property is also located in the Cal Sag Enterprise Zone PLEASE HAVE YOUR AGENT REQUEST THE ADDITIONAL INFO ON THIS HELPFUL INFORAMTION This qualifies the new owner for Sales tax abatement on building materials 50 percent abatement of the municipal portion of real estate taxes for five years on the added value created by the project 50 percent discount on local building permits. To just name a few..... Whether you're looking to expand your portfolio or launch a new business in a high-traffic location, this property delivers on all fronts. High Exposure | Strategic Location | Investment Ready Schedule your showing today - opportunities like this don't last long!
Courtesy Of: Realtopia Real Estate Inc
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 09/18/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 99 x 174
Financial
- Purchase Contract Date:
- 2025-12-14
- Days On Market:
- 90
- Tax Annual Amount:
- $17,066.00
- Tax Year:
- 2023
Directions
Take 159th St. To Cicero Ave. The building is located on the West side of Cicero Avenue about 2 blocks south of 151st
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Data last updated: 2025-12-19.
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