15859 Ridgeland Avenue, Oak Forest, IL 60452 | MLS #12635864 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12635864MLS Provider

15859 Ridgeland AvenueOak Forest, IL 60452

Commercial · 4,000 Sq. ft.
$499,900 Active

15859 Ridgeland Avenue Overview

Time on Site:
59 days
Visits:
0

Premier office condo available at the signalized corner of 159th Street and Ridgeland Avenue, directly across from the Oak Forest National Golf Course and walking path. This highly visible location offers excellent accessibility and a professional setting. The building consists of four combined but separate office units with four 1/2 baths, allowing for flexible, divisional use-ideal for organizations seeking defined private areas for multiple departments or operations. The space is nicely appointed, with a balanced layout that features open work areas alongside large private offices. Large kitchen lunch room with built-in cabinets and storage. Lots of windows for natural lighting. Office furniture and shelving use negotiable. Ample parking surrounds the building, providing convenience for both staff and visitors. Suitable for a wide range of uses, including general office, medical, professional services, therapy, or a regional/national headquarters. Immediate occupancy available.

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15859 Ridgeland Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,000
  • Price/Sq.ft. $125

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1985

Business Information

  • Current Use: Office,Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Oak Forest
  • Township: Bremen

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Scavenger

Tax Information

  • Tax Annual Amount: $26,916.00
  • Tax Year: 2024

General Information

  • Parcel Number: 28173020561009
  • Possible Use: Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4000

General Information

  • Cooling: Central Air, Central Individual
  • Electric: Service - 0 to 100 Amps
  • Flooring: Tile
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 4000
  • Stories: 1

Unit Information

  • Unit SqFt.: 4000

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 100x200
  • Lot Size Square Feet: 20000

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • Roof: Composition

General Information

  • Number Of Units Total: 4

15859 Ridgeland Avenue Neighborhood

Community

60452 (Oak Forest) Demographics

42
Median Age
2,947
Population Density (per sq. mile)
40%
College Educated
$79,138
Estimated Median Income
8,275
Estimated Total Home Owners
1,813
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

15859 Ridgeland Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15859 Ridgeland Avenue Market Data

Based on the last 30 days in this zip code

$314,563
Average List Price
$214
Average Price per Square Foot
17
Properties Sold
39
Average Days on Market
74
Properties for Sale
Calculations provided by Reliance Network

15859 Ridgeland Avenue History

Date Event Value Agent
5/6/2026Source: MRED Status Change
Active
5/1/2026Source: MRED Added to Database
May 01, 2026