40-unit | multi-tenant office investment | Stable occupancy | In-place income!! Check out this incredible and rare Office Park Investment Opportunity! 4701-4731 W Midlothian Turnpike, Crestwood, IL. Multi-tenant office investment opportunity featuring four single-story office buildings with 40 individual office units. The property offers a diversified tenant base, multiple income streams, and established in-place occupancy. Long-term tenants and consistent rent collection provide a stable operating history. Located on W Midlothian Turnpike with convenient access to Cicero Avenue and I-294. The property offers current cash flow and potential upside through leasing and operational improvements. Financials, rent roll, and additional property information available. * An Illinois-licensed real estate broker is a member of the LLC that owns the property.
| MLS # | 12746858 |
|---|---|
| Listing Type | For Sale |
| Style | Office/tech |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 33 |
| Listing Provided By | Citypoint Illinois LLC | Kathleen Long |
| SQ Feet | 24,000 |
|---|---|
| Units | 40 |
| Acreage | 1.01 |
| Cooling | Central Air |
|---|
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Concrete, Brick |
| Electric | Service - 101 to 200 Amps |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 104124 |
| State | IL |
|---|---|
| County | Cook |
| City | Crestwood |
| Zip Code | 60418 |
| Area | Crestwood |
| Listing VS Median (in 60418) | |
Price: $2,500,000 low | high Med: $299,200 sqft: 24,000 low | high Med: 1,325 $ / sqft: $104 low | high Med: $226 On site: 33 low | high Med: 34.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Crestwood |
| Zip Code | 60418 |
| Area | Crestwood |
| Listing VS Median (in 60418) | |
Price: $2,500,000 low | high Med: $299,200 sqft: 24,000 low | high Med: 1,325 $ / sqft: $104 low | high Med: $226 On site: 33 low | high Med: 34.5 | |