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32020887
32020897

6000 W 159th Street, Oak Forest, IL 60452-2974 For Sale

TS
IL 475192080, IN RB20000815
Ellsbury Group
ES
IL 475213949
Ellsbury Group
AP
IN 475204625
Ellsbury Group
Listed by Ellsbury Group
$1,675,000
81 days on market
Updated 51 days ago

6000 W 159th Street

Details
APN 28-17-401-016-000
Property Type Mixed Use, Retail
Square Footage 7,063
Units 32
Cap Rate 7.05%
NOI $118,050
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.11%
Pro-Forma NOI $129,798
Year Built 1975
Buildings 1
Stories 1
Lot Size (SqFt) 34,020
Investment Type Stabilized
Ground Lease No

Mixed Use | 7.09% CAP | 7,063 SqFt

Marketing description

Ellsbury Group is pleased to present this mixed-use investment opportunity located in the heart of Oak Forest. This well-positioned asset features four large retail storefronts, a spacious 2-bedroom coach home, four garages, and additional yard space, offering multiple and diversified income streams for investors.

Ideally situated in a high-visibility corridor with strong traffic counts, the property benefits from excellent exposure and convenient access to major roadways, as well as nearby shopping, dining, and established residential neighborhoods. Its strategic location supports consistent tenant demand across both residential and commercial components.

This versatile asset provides immediate cash flow, low-maintenance operations, and long-term upside through in-place rental growth. Well maintained and efficiently operated, it represents a compelling opportunity for investors seeking a stable, diversified income-producing property in a strong and established suburban market.

Investment highlights

  • Excellent Regional Connectivity - Well-served by the Metra Rock Island District line and direct access to major highways including I-57 and I-80, providing convenient connectivity to Downtown Chicago and surrounding employment hubs.
  • Established Residential Suburb - A stable, primarily residential community known for its mature neighborhoods, tree-lined streets, and strong suburban character within Cook County.
  • Abundant Green Space & Recreation - Surrounded by parks and forest preserves, including the Oak Forest Heritage Preserve and nearby Cook County Forest Preserves, offering extensive trails, outdoor recreation, and natural amenities.
  • Strong Retail & Daily Conveniences - Retail and dining options are concentrated along key corridors such as 159th Street and Harlem Avenue, with easy access to grocery stores, services, and essential daily needs.

Listing Contacts

TS
IL 475192080, IN RB20000815
Ellsbury Group
ES
IL 475213949
Ellsbury Group
AP
IN 475204625
Ellsbury Group
Listed by Ellsbury Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,050.00
$9,837.50/mo

Valuation Metrics

0
DSCR
7.05%
Cap Rate
7.05%
ROI

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Additional Information

Name
Tariq Suboh
License
475192080
Brokerage
Ellsbury Commercial Group
Title
Founder / Broker
Brokerage Address
10060 Roosevelt Road
Name
Eder Saabedra
License
475213949
Brokerage
Ellsbury Commercial Group
Brokerage Phone
2192005133
Title
Associate Broker
Brokerage Address
311 South Wacker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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