The median home value in Oak Forest, IL is $244,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Oak Forest, IL is $244,000.
Approximately 78% of Oak Forest homes are owned,
compared to 18% rented, while
4% are vacant.
Oak Forest real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Oak Forest real estate agent to arrange a tour today!
Learn more about Oak Forest.
ReVerb Oak Forest is a meticulously maintained 72-unit apartment complex, expertly managed to ensure the highest quality of service. Comprising two buildings, each housing 36 recently renovated 1-bedroom units, the property rests on two acres of professionally landscaped grounds, creating an inviting environment for residents. High Occupancy Rate: ReVerb Oak Forest consistently maintains a high occupancy rate, a testament to its desirability and the robust demand for quality housing in the area. This high occupancy rate ensures a reliable income stream for investors while reducing the risks associated with vacancies. Located within a short walk of the Oak Forest Central Business District, ReVerb Oak Forest offers residents proximity to a diverse array of shopping, entertainment, and dining options. The property's convenient placement is complemented by its proximity to downtown Chicago, accessible within a 30-minute drive, making it an attractive choice for those seeking urban living with convenient amenities. The tranquil surroundings of the picturesque forest preserve provide a peaceful living experience while maintaining easy access to the city's vibrant opportunities. ReVerb Oak Forest presents a compelling investment opportunity. Professionally managed and nearly fully occupied, it reflects the strong demand for high-quality housing in the area. With average rents at $1,300 per month, investors can anticipate a consistent and substantial income, with potential for future rent increases. With minimal expenses, ReVerb Oak Forest offers a low-risk investment with strong cash flow potential. In today's favorable rental market conditions, this property is an excellent choice for investors seeking a reliable income-generating asset. ReVerb Oak Forest is a professionally managed apartment complex with a consistently high occupancy rate, located in a prime area. Offering robust rental income, low expenses, and promising growth potential, this property represents a superb investment opportunity. Investors can anticipate a dependable cash flow and potential for future rent increases, making it an attractive choice for those seeking a secure and profitable real estate investment.
This recently renovated office space features a modern touch with a newly updated interior. The kitchen nook boasts a stylish granite counter, adding a touch of sophistication. Additionally, there are two separate offices and a comfortable sitting area, providing ample space for work and relaxation. If you appreciate convenience, all the furniture, four desks, refrigerator, microwave, and two TVs comes with the office. Experience the perfect blend of functionality and contemporary design in this great modern office space. We will leave it broom cleaned Heavy foot traffic. On main road. Signage available
Great opportunity for investors ! 7 Unit stip center with plenty of parking great visibility on cicero ave . long term tenants . Tenants pays all the utilities . extra parking space in rear of the building .
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