Courtesy: Compass
630-974-6750
Solid six-unit brick apartment building offering immediate cash flow with below-market rents and strong value-add upside in Crestwood. The property includes three 2-bed/1-bath units and three 1-bed/1-bath units, each separately metered for electric, with on-site laundry and twelve parking spaces. One updated unit is already achieving $1,100 per month and can easily reach $1,200+, matching nearby renovated comps and demonstrating the building's true revenue potential. Current gross income of $71,100 and operating expenses of approximately $28,285 support a cap rate near 7% on existing numbers. With modest improvements and market-rate repositioning, projected annual income can reach approximately $93,600 by targeting rents of $1,400 for the 2-bedrooms and $1,200 for the 1-bedrooms, immediately increasing NOI and long-term value. All leases expire at year-end, giving a new owner full flexibility to maintain month-to-month occupancy, renovate and re-tenant for spring market demand, or pursue a phased repositioning while still generating income. Located close to shopping, restaurants, transit, and major roadways, this property sits in a consistently strong rental corridor with steady local demand. A straightforward, easy-to-manage asset ideal for any investor looking to acquire a well-performing building with clear upside and attractive returns from day one.
Courtesy: Citypoint Illinois LLC
847-744-5003
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.
Courtesy: Coldwell Banker Realty
312-981-5500
2.62 Acres - Prime Vacant Land Commercial Opportunity in Crestwood. Fully fenced and paved lot with a 1,500 SF office building, offering excellent frontage along 127th Street near I-294 and Cicero Avenue. Former site of Tri-State Bus Terminal. This large, versatile property is ideal for truck and trailer sales, auto sales/repair. It offers strong redevelopment potential for residential, office, retail, or mixed-use, making it one of the largest commercial parcels available on 127th Street in Crestwood.
Courtesy: Mega USA Properties, Inc.
847-947-2478
Prime Investment Opportunity - Fully Leased Retail Center on Cicero Ave. This well-maintained, single-story commercial property is located on the high-traffic corridor of Cicero Avenue within a fully leased and stabilized multi-tenant retail strip center. Featuring long-term tenants on (NNN) leases, the property ensures consistent income and minimal management responsibilities. Situated on approximately 0.48 acres, the building offers 6,200 square feet of leasable space. Its excellent visibility, strong foot traffic, and diverse tenant mix make it a key commercial hub for the surrounding community. With low maintenance requirements, a reliable income stream, and solid potential for long-term appreciation, this property presents a compelling opportunity for investors seeking stable returns in a high-demand area. Don't miss out on this exceptional investment opportunity! PLEASE DO NOT DISTURB OR APPROACH TENANTS.
Courtesy: National City Realty
708-846-1147
2 Commercial Buildings on 100'x133' of Land. 2 Buildings total 10,800 sq/ft and 1 single family residence currently rented on lease. Residential lot 100'x200' contigious to commercial buildings. Each parcel has seperate tax bills, seperate gas, electric, and water meters. Each commercial building has 200 amp electrical service. Floors are concrete. Ceiling height approx 15' and each commercial building has a 10'x14' power door and the larger building also has a 10'x10' door exiting into the yard. There is also a large mezzanine in the larger bldg and a small office on the second level of the smaller building. The smaller building is partitioned into offices but can be deconverted to open space as it originally once was. There are two rest rooms in each commercial building. There is a walkthru between each building.
Crestwood is located in Illinois. Crestwood, Illinois has a population of 10,908. Crestwood is less family-centric than the surrounding county with 23% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Crestwood, Illinois is $65,074. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Crestwood is 47.5 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38.4 inches per year, with 31.5 inches of snow per year.
