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4701-4731 W Midlothian Turnpike, Crestwood, IL 60418

$2,600,000
  • 4701-4731 W Midlothian Turnpike, Crestwood, IL 60418 Main Photo

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Active
SQUARE FEET24,000 MLS#12570095
STATUSActive PROPERTY TYPECommercial - Office

Property Description

4701-4731 W Midlothian Turnpike presents a rare and compelling opportunity to acquire a high-performing office investment in the heart of Crestwood, Illinois. Never before offered for sale, this off-market gem has quietly outperformed expectations for years-making its debut on the market a truly unique event. The property consists of four single-story office buildings totaling 40 units. The asset is occupied with long-term tenants, no tenant delinquencies, demonstrating both the strength of the rent roll and the reliability of its tenant base. The property generates substantial cash flow, supported by loyal and dedicated tenants spanning a mix of professional services and local businesses. The low turnover rate and consistent occupancy highlight the demand for office space for small businesses in this strategically located corridor. Positioned near major thoroughfares including Cicero Avenue and I-294, the site benefits from excellent accessibility and visibility. With stabilized income, a clean rent ledger, and minimal management intensity, 4701 W Midlothian Turnpike offers investors a turnkey, income-producing asset with strong in-place cash flow and long-term upside. An IL licensed broker is a member of the LLC that owns the property.

4701-4731 W Midlothian Turnpike | MLS# 12570095

This commercial property located at 4701-4731 W Midlothian Turnpike, Crestwood, IL 60418 is currently listed for sale with an asking price of $2,600,000. Search Crestwood real estate on www.bhhscrosby.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 1.01 Acres
Roof Type: Composition
Taxes: $50,488
Year Built: 1987

Feature Descriptions

Days on Site: 14
Electric: Service - 101 to 200 Amps
Exterior: Concrete, Brick
Fire Protection: Fire Extinguisher/s, Sprinklers-Wet
Flooring: Carpet, Vinyl
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat
Lot Dimensions: 44100
Number of Tenant(s): 18
Parcel#: 28033010390000
Parking: Over 100 Spaces, Parking On-Site
Tenant Pays: Electricity, Heat, Janitorial Service, Sewer
Units: 40

Listed By / Shown By

Listed By

Agency Name: Citypoint Illinois LLC
Agency Phone: 847-744-5003

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