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5736-5740 159th St
Oak Forest, IL 60452
Retail Property For Sale
Investment Highlights
- Class 8 RE Tax Incentive!
- Strong Tenants w/Long Term Leases in Place!
- Located on Busy 159th Street!
- Brand New Roof - 6/2026!
- Gated Yard for more Security!
Executive Summary
Maximize your retail investment potential with this exceptional property in the prime Chicago Commercial Real Estate Market area. BRAND NEW ROOF & CLASS 8 RE TAX INCENTIVE IN PLACE and TRANSFERRABLE!!! 8,831 SF building with 2 units, this property presents a compelling opportunity for retail and street retail investors. Built in 1983 and currently at 100% occupancy, this prime asset offers strong leasing potential and a solid income stream. With a strategic location and high visibility, this property is perfectly positioned to capitalize on the robust economic activity in the area. Don't miss out on the chance to acquire a coveted position in this esteemed retail hub.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,831 SF
Building Class
C
Year Built
1983
Price
$1,285,000
Price Per SF
$145.51
Cap Rate
6.49%
NOI
$83,338
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.74 AC
Zoning
C2 - Business/Commercial - General Service Commercial District (confirm exact zoning with village)
Parking
40 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
80’ on 159th St
Amenities
- Signage
- Monument Signage
Property Taxes
| Parcel Number | 28-17-416-002-0000 | Improvements Assessment | $38,890 |
| Land Assessment | $24,210 | Total Assessment | $63,100 |
Property Taxes
Parcel Number
28-17-416-002-0000
Land Assessment
$24,210
Improvements Assessment
$38,890
Total Assessment
$63,100
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