4701-4731 Midlothian Turnpike Crestwood, IL 60418

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 24,000 sqft

Price per Sqft $112

MLS Listing ID 12376964

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 fully leased units. The asset is fully occupied with 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 long-term 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

Area Crestwood

Interior

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Office/Tech

Structure Type Concrete,Brick

Listed by Kathleen Long • Citypoint Illinois LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106