Great investment opportunity to own this brick 6-unit! This flexicore building has three 2 bedroom/1 bath units (1S, 2S, 3S) and three 1 bedroom/1 bath units (1N, 2N, 3N). Unit 2S is the first set of pictures, as well as 3D video and floorplan. Unit 3N is the second set of pictures, as well as 3D video and floorplan. There is coin laundry available on the first floor and 12 exterior parking spaces. The land and parking lot are maintained through the owners association. The association dues are 350/mth. The 2023 property taxes were 12,054. The cap rate is 10.10, and the GRM is 7.97. Since the existing owner purchased it in 2021, four units have been remodeled, and two units have been updated. Since 2021, every unit has had new appliances and new A/C units installed. The boiler was serviced and certified in September 2023, and the water heater was replaced in July 2024.
Introducing a premier investment opportunity at 14025 Cicero in bustling Crestwood. This coveted 3,000 square-foot commercial property boasts a prime location that guarantees maximum exposure, thanks to the tons of traffic that passes by daily. With ample parking, your patrons will have the convenience and accessibility they desire. Currently housing a long-standing restaurant, the establishment offers plenty of seating, accommodating a substantial number of guests comfortably - ideal for those looking to introduce a fresh new venture to the community. The property benefits from excellent visibility, making it a landmark spot in the area and an attractive proposition for a wide array of business endeavors. This is a rare chance for investors to acquire a property in a high-demand area, promising a robust potential for steady growth and profitability. Seize the opportunity to become a part of Crestwood's thriving commercial scene with this standout investment.
Great fully leased under market rate property. Property is well maintained and managed. Easy access and a great price. Lots of upside potential. Warehouse for automotive repair, Bodyshop, distribution warehouse, small manufacturing or more. Truck Repair. Great location
Price reduced by $50,000! Incredible opportunity in a highly visible location for commercial, automotive or warehouses uses. Building has generous sized office space with a customer waiting area. Very large parking lot and multiple garage decks. R-2 zoning for Light Industrial. Contact listing broker for access and additional information.
2 Commercial buildings 12x14'overhead doors to each building, plus 10x10 side door to south building. 3 total parcels with separate tax bills and separate utility bills. The small house is on a separate tax bill and is on a 100x199.75' lot which is ideal for parking for the 2 commercial detachable buildings. The house is 673 square feet and has an attic and basement. The tenant is on a long term lease. The house is facing and has access on 135 Street. See financials for information on commercial buildings rental. 400 AMP Service to each commercial building. Central air to the offices. Commercial buildings are now vacant for quick occupancy. SELLER WILL LEASE ONE OR BOTH COMMERCIAL PROPERTIES. CHECK BROKER'S REMARKS BELOW FOR TERMS OF LEASES.
Crestwood is located in Illinois. Crestwood, Illinois has a population of 10,959. Crestwood is less family-centric than the surrounding county with 19.1% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Crestwood, Illinois is $53,909. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Crestwood is 47.5 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.