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$ 2,500,000
Est. payment | /mo
24,000 SqFt
$ 2,500,000
Est. payment | /mo
24,000 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $104
MLS Listing ID 12746858
Year Built 1987
Annual Tax Amount $104,124
Tax Year 2024
Lot Size 1.010 Acres
Lot Dimensions 44100
Property Sub-Type Office/Tech
Property Description
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.
Location
State IL
County Cook
Area Crestwood
Interior
Cooling Central Air
Flooring Carpet, Varies, Vinyl
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Office/Tech
Structure Type Concrete,Brick
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Listed by Kathleen Long of Citypoint Illinois LLC