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23547451
23547463

4701 W Midlothian Turnpike, Crestwood, IL 60445

KL
IL 272139
Citypoint Illinois LLC
MC
IL IL 471019141
Citypoint Illinois LLC
Listed by Citypoint Illinois LLC
$2,600,000
376 days on market
Updated 7 days ago

4701, 4711, 4721, 4731 W Midlothian Turnpike Crestwood IL

Details
APN 28-03-301-039-0000
Property Type Office
Sub Type Traditional Office
Square Footage 24,000
Units 40
Cap Rate 9.00%
NOI $248,368
Occupancy 95%
Tenancy Multi
Pro-Forma Cap Rate 11.00%
Pro-Forma NOI $324,426
Year Built 1987
Buildings 4
Acreage 1.012
Parking Spaces 113 spaces
Parking Per SqFt 4.71

RARE Office Space | 24,000 SF | Crestwood IL

Marketing 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 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.

Listing Contacts

KL
IL 272139
Citypoint Illinois LLC
MC
IL IL 471019141
Citypoint Illinois LLC
Listed by Citypoint Illinois LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$248,368.00
$20,697.33/mo

Valuation Metrics

0
DSCR
9.55%
Cap Rate
9.55%
ROI

Map

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Additional Information

Name
Kathleen Long
License
272139
Name
Marcin Chojnacki
License
IL 471019141
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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