15240 S Cicero Ave

$1,499,000
Price
139,392 / 3.2
Lot Size / Acres

Description

3.3 acres of prime commercial vacant Cicero Avenue Frontage in popular Oak Forest! Fully improved, cleared of all concrete, and environmentally clean, the site is ready for development. Economic enterprise zone with enhanced opportunity incentives for successive ownership. 2 enlarged curb cuts along Cicero Avenue and one along 153rd Street. Huge traffic counts! Near the busy corner of 147th and Cicero, there is a newer commuter train station and residential development. The largest vacant commercial...3.3 acres of prime commercial vacant Cicero Avenue Frontage in popular Oak Forest! Fully improved, cleared of all concrete, and environmentally clean, the site is ready for development. Economic enterprise zone with enhanced opportunity incentives for successive ownership. 2 enlarged curb cuts along Cicero Avenue and one along 153rd Street. Huge traffic counts! Near the busy corner of 147th and Cicero, there is a newer commuter train station and residential development. The largest vacant commercial development site on Cicero Avenue. 630 feet frontage at the NWC of 153rd Street and Cicero, and 220+ feet depth. "Ready-made" site for your next regional location shopping center, gas station, regional business retail, light commercial industrial, medical, or other potential users. A recent survey and an overview of recent site upgrades are available. Formerly Oak Forest Bowl!

Property Details for 15240 South Cicero Avenue

Area
Oak Forest
Township
Bremen
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
COMMR
LISTING UPDATED: 10/11/2025 11:01 AM

Property Details for 15240 South Cicero Avenue

StatusActive
MLS #12298077
Days on Market293
Taxes$46,957 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size3.20 AC
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 15240 South Cicero Avenue

Lot Size3.20 AC

Payment Calculator

$11,320 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,407

Property Taxes

$3,913

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15240 South Cicero Avenue

General Information
School Information
  • Elementary School District: 228
  • High School District: 228
  • Middle Or Junior School District: 228
Location and General Information
  • Frontage Length: 630
  • Frontage Type: City Street, Public Road, State Road, US Highway
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Property/Lot Information
  • Lot Size: 3.0-3.99 Acres
  • Lot Dimensions: 630X220
  • Approx Land Sq Footage: 140000
  • Buildings on Land: No
  • Waterfront: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • South Coordinate: 15200
  • West Coordinate: 4800
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail, Other
  • Public Document Count: 3
  • Document Date: 2025-08-21T14:46:05
  • Photos Count: 4
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Land Description: Cleared,Level
  • Location: Central Business District,Corner,High Traffic Area
  • Road Surface: Asphalt, Concrete
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 15240 South Cicero Avenue

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Price Change

MRED #12298077

$1,499,000
Jul 8, 2025

Price Change

MRED #12298077

$1,900,000
Feb 26, 2025

Listed (Active)

MRED #12298077

$2,499,000
DateEvent & SourcePrice
09/16/2025

Price Change

MRED #12298077

$1,499,000
07/08/2025

Price Change

MRED #12298077

$1,900,000
02/26/2025

Listed (Active)

MRED #12298077

$2,499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15240 South Cicero Avenue

Taxable ValueLand$394Additions-Total$394
Tax Record2023$123 ($10 / month)
Home Facts
Lot Size2,621 SqFtStyleCommercialCountyCOOKAPN28-16-215-056

Schools near 15240 South Cicero Avenue

This home is within Forest Ridge School District 142.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Kerkstra Elementary School
Public1 to 5

Jack Hille Middle School
Public6 to 8

Oak Forest High School
Public9 to 12

Delta Academy and Achieve
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

15240 South Cicero Avenue is a 3.2 ac of land for sale in Oak Forest, IL 60452. This property was listed for sale on February 26, 2025 by Coldwell Banker Realty, it's currently listed at $1,499,000. This listing's school districts are Forest Ridge School District 142, Bremen Chsd 228 School District. Nearby schools include Kerkstra Elementary School, Jack Hille Middle School and Oak Forest High School. 15240 South Cicero Avenue is a 0-bed, 0-bath, 3.2 ac of land on a 139,392 sq. ft. / 3.2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/11/2025 11:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.