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23060 Cicero Ave , Richton Park, IL 60471
$90,000
Est. Payment: $491.17/mo
3690 Sqft
0.85 Acres
Status: active | Days on site: 95
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House Description

23060 Cicero Avenue presents a rare opportunity to acquire a highly visible standalone commercial property on approximately 0.85 acres at the northwest corner of Cicero Avenue and Steger Road in Richton Park, Illinois. Positioned along one of the South Suburbs' primary commercial corridors and located just minutes from Interstate 57, this property offers the combination of location, land, parking, accessibility, and redevelopment potential that is increasingly difficult to find in today's market. The property consists of an approximately 3,690 square foot two-story brick commercial building situated on a 36,961 square foot site with extensive onsite parking and exceptional street visibility. Zoned C-1 Community Commercial, the property is ideally suited for a wide range of commercial, professional, service-oriented, healthcare, educational, nonprofit, administrative, and community-focused uses. The zoning classification provides flexibility for future ownership while supporting long-term value and occupancy potential. What makes this opportunity particularly attractive is the scale of the site relative to the building footprint. Commercial buyers are continually searching for properties that provide room to operate, expand, accommodate employees and visitors, and adapt to future business needs. With nearly an acre of land, substantial parking capacity, and a standalone building configuration, the property offers the type of functionality that many smaller commercial sites simply cannot provide. The location places users at the center of the Chicago Southland market, serving the surrounding communities of Richton Park, Matteson, Park Forest, Olympia Fields, Country Club Hills, University Park, Frankfort, and neighboring suburban populations. Easy access to Interstate 57 allows employees, customers, clients, vendors, and organizational partners to reach the property efficiently from throughout the south suburban region and the greater Chicago metropolitan area. For owner-users, the property represents an opportunity to establish a long-term headquarters location with dedicated parking, strong visibility, and complete control over the real estate. Professional service firms, medical and behavioral health providers, counseling centers, workforce development organizations, educational institutions, trade schools, community service agencies, nonprofit organizations, and administrative offices will appreciate the flexibility offered by the existing building and oversized site. For investors and developers, the property offers a compelling value-add and repositioning opportunity within a corridor that continues to benefit from regional transportation access and established residential density. The combination of a signalized corner location, commercial zoning, existing improvements, municipal utilities, and significant land area creates multiple paths to future value creation. Opportunities to acquire commercial properties with this level of visibility, parking, and land area are becoming increasingly limited throughout the South Suburban marketplace. Additional property features include municipal water and sewer service, gas and electric utilities to the site, substantial onsite parking, a full basement level for storage or operational support, and a location within Rich Township served by Rich Township High School District 227 and School District 159. Whether the vision is a corporate headquarters, professional office campus, medical office, healthcare facility, educational center, nonprofit headquarters, workforce training center, community services hub, or strategic redevelopment project, 23060 Cicero Avenue offers the foundation to create a lasting presence in one of the South Suburbs' most accessible commercial locations.

Highlights

Listed by Moses Hall , 312-826-9925 MoHall Commercial & Urban Development , 312-826-9925. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.85

Year Built

1978

County

Cook

Area

Richton Park

Listing ID

12683960

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Wood
Water:Municipal Water

Exterior Features

Lot Dimensions:250 X 180 X 190 X 85 X 190
Zoning:COMMR
Roof:Composition
Parking Features:19-30 Spaces
Principal Interest
$491
Taxes
$57

Home Price

$90,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$18,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$491.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $491.17 $57.38 $0.00 $548.54
Yearly $5,894.00 $688.50 $0.00 $6,582.50
Total $176,820.09 $20,655.00 $0.00 $197,475.09
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Market insight data is pulled from the same city as the listing being viewed (Richton Park, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T14:56:06.000Z

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