Crestwood, IL 60418,4701-4731 W Midlothian Turnpike
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Crestwood, IL 60418,4701-4731 W Midlothian Turnpike
Crestwood, IL 60418,4701-4731 W Midlothian Turnpike
Crestwood, IL 60418,4701-4731 W Midlothian Turnpike
Crestwood, IL 60418,4701-4731 W Midlothian Turnpike
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Listed by Kathleen Longof Citypoint Illinois LLC
$ 2,600,000
Est. payment /mo
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Active Under Contract

4701-4731 W Midlothian Turnpike Crestwood, IL 60418

24,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 24,000 sqft

Price per Sqft $108

MLS Listing ID 12523415

Year Built 1987

Annual Tax Amount $50,488

Tax Year 2023

Lot Size 1.010 Acres

Lot Dimensions 44100

Property Sub-Type Office/Tech

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.

Location

State IL

County Cook

Interior

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace N

Exterior

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Structure Type Concrete,Brick


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Chippewa Elementary School

    Public | 1 - 3

  • 8

    Walter F Fierke Education Center

    Public | PK - 5

  • 6

    Lee R Foster Elementary School

    Public | 1 - 5

  • 6

    Kerkstra Elementary School

    Public | 1 - 5

  • 6

    Hazelgreen Elementary School

    Public | PK - 6

  • 6

    Lane Elementary School

    Public | PK - 6

  • 5

    Scarlet Oak Elementary School

    Public | 3 - 4

  • 5

    Stony Creek Elementary School

    Public | PK - 6

  • 5

    Fieldcrest Elementary School

    Public | PK - 5

  • 5

    Springfield Elementary School

    Public | PK - 6

  • 5

    Markham Park Elementary School

    Public | KG - 5

  • 5

    Childs Elementary School

    Public | KG - 3

  • 5

    Spaulding School

    Public | PK - 3

  • 4

    Nathan Hale Primary School

    Public | PK - 3

  • 4

    Nathan Hale Intermediate School

    Public | 4 - 5

  • 4

    Kolmar Elementary School

    Public | KG - 8

  • 4

    Central Park Elementary School

    Public | PK - 8

  • 4

    Meadow Lane School

    Public | 3 - 5

  • 3

    George Washington Elementary School

    Public | KG - 5

  • 0

    Sandbox Learning Center

    Private | PK - KG

Middle Schools 5
  • 6

    Prairie Jr High School

    Public | 7 - 8

  • 5

    Jack Hille Middle School

    Public | 6 - 8

  • 5

    Hamlin Upper Grade Center

    Public | 6 - 8

  • 4

    Kellar School

    Public | 6 - 8

  • 3

    Nathan Hale Middle School

    Public | 6 - 8

High Schools 6
  • 8

    A B Shepard High School (Campus)

    Public | 9 - 12

  • 8

    Oak Forest High School

    Public | 9 - 12

  • 3

    Bremen High School

    Public | 9 - 12

  • 1

    Dd Eisenhower High School (Campus)

    Public | 9 - 12

  • 0

    Project Challenge

    Public | 11 - 12

  • 0

    Delta Learning Center

    Public | 9 - 12

School and business data provided by Attom Data.
Mayra Pezzella

Mayra Pezzella

Real Estate Professional | REALTOR® | License ID: 1010235

+1(224) 508-1554

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4701-4731 W Midlothian Turnpike