4701-4731 W Midlothian Tpke - Office/Residential FOR SALE


Crestwood, IL 60445
$2,500,000 USD
847-744-5003
4701-4731 W Midlothian Tpke, Crestwood, IL for Sale
$2,500,000 USD
Office/Residential - FOR SALE
1/33
null | 11.01% Cap Rate

4701-4731 W Midlothian Tpke
Crestwood, IL 60445


HIGHLIGHTS

  • Benefits from excellent accessibility and visibility
  • Offers investors a turnkey, income-producing asset with strong in-place cash flow and long-term upside.
  • Occupied with long-term tenants, no tenant delinquencies, demonstrating both the strength of the rent roll and the reliability of its tenant base.
  • Off-market gem has quietly outperformed expectations for years
  • Never before offered for sale!

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

11.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crestwood Cove Office Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

108

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

B-2

APN/PARCEL ID

28-03-301-039-0000,28-03-301-040-0000

ASK ABOUT THIS PROPERTY

Kathleen LongCitypointMore Info
847-744-5003

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Kathleen LongCitypointMore Info
847-744-5003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.