4701-4731 W Midlothian Turnpike Crestwood, IL $ 2,600,000
4701-4731 W Midlothian Turnpike
$ 2,600,000
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4701-4731 W Midlothian Turnpike

Crestwood, IL, 60418
$ 2,600,000
Bedrooms-- Baths-- Sq 24,000

Monthly Estimate*

$ 16,221

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Commercial Property for sale in Crestwood, IL

for $2,600,000. This 24,000 square foot building was built in 1987 on a lot size of 1.01.

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.

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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 50,488

Style

Lot Size

1.01

Year Built

1987

Town/City

Crestwood

County/Region

Cook

MLS | Web ID

12523415

Features
General
Cooling Central Air
Possession Closing
Roof Composition
Construction Materials Concrete Brick
Year Built 1987
Electric Service - 101 to 200 Amps
Tenant Pays Electricity Heat Janitorial Service Sewer
Stories Count 0
Township Bremen
Property Subtype Office
Tax Year 2023
Gross Income 439656
County Cook
Net Operating Income 241300
Operating Expense 198355
Property Type Commercial Sale Office/Tech
Status Active
Directions South Cicero Avenue left on Midlothian Tpke right on 4701 Midlothian.
City Crestwood
Number Of Units Total 40
MLS Area Crestwood
Lot Size Square Feet 44100
Tax Annual Amount 50488
Additional Parcels Y/N Y
Leasable Area 24000
Standard Status Active
Cap Rate 11
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Interior
Flooring Carpet Vinyl
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 24000
Lot Dimensions 44100
Lot Size Acres 1.01
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* Excluded Features
List By
Citypoint Illinois Llc

Broker

klong@citypoint.com

Email

Affordability Calculator

$20,428
Per Month
79%
21%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$4,207
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$2,600,000 Listed Price

Map


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4701-4731 W Midlothian Turnpike, Crestwood, IL, 60418 is a Commercial Property for sale at $2,600,000 with 24,000 sqft and a lot size of 1.01. 4701-4731 W Midlothian Turnpike was built in 1987. The property's zip code is 60418 which is in Crestwood, IL