5100 159th St
Oak Forest, IL 60452
Oak Forest Gateway West · Land For Sale · 5.25 AC
INVESTMENT HIGHLIGHTS
- strong vehicle traffic over 30,000 VPD
- proximity to Metra commuter stop
- excellent frontage
EXECUTIVE SUMMARY
Generally, the City seeks significant offers with a solid mix of commercial and residential units
PROPERTY FACTS
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 5.25 AC |
1 LOT AVAILABLE
Lot
Lot Size | 5.25 AC |
The total area of the property is 5.25 acres with 420 frontage feet along 159th St. (US-6) The City of Oak Forest owns the entire property. The property is surrounded primarily by commercial, multi-family, and single-family uses.
DESCRIPTION
Former trailer park and cleared and cleaned. Vacant land.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $848,684 | |
Land Assessment | $1,478,530 | Total Assessment | $2,327,214 |
ZONING
Zoning Code | C1 (Local commercial district) |