Listing provided courtesy of Citypoint Illinois LLCMREDas Distributed by MLSGrid- MLS# 12570095MLS Provider

4701-4731 W Midlothian TurnpikeCrestwood, IL 60418

Commercial · 24,000 Sq. ft. | 1.01 Acres
$2,600,000 Active

4701-4731 W Midlothian Turnpike Overview

Time on Site:
133 days
Visits:
1

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.

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4701-4731 W Midlothian Turnpike Facts & Features

  • Type Commercial
  • Sq. ft. 24,000
  • Price/Sq.ft. $108
  • Lot 1.01 Acres

Details

General

Income/Expenses

  • Gross Income: 446724
  • Gross Scheduled Income: 446724
  • Net Operating Income: 248368
  • Operating Expense: 198355

Building Information

  • Year Built: 1987

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Crestwood
  • Township: Bremen

Rent/Lease Information

  • Tenant Pays: Electricity, Heat, Janitorial Service, Sewer

Tax Information

  • Tax Annual Amount: $104,002.00
  • Tax Year: 2023

General Information

  • Parcel Number: 28033010390000
  • Property Sub Type: Office
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 24000

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Flooring: Carpet, Vinyl
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 24000
  • Stories: 0

Unit Information

  • Unit SqFt.: 600

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Acres: 1.01
  • Lot Size Dimensions: 44100
  • Lot Size Square Feet: 44100

Building Exterior/Construction

  • Construction Materials: Concrete, Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 40

4701-4731 W Midlothian Turnpike Neighborhood

Community

60418 (Crestwood) Demographics

Median Age
Population Density (per sq. mile)
College Educated
Estimated Median Income
Estimated Total Home Owners
Estimated Total Renters
/
Estimated Owner / Renter Divide
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4701-4731 W Midlothian Turnpike Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4701-4731 W Midlothian Turnpike Market Data

Based on the last 30 days in this zip code

N/A
Average List Price
0
Properties Sold
Calculations provided by Reliance Network

4701-4731 W Midlothian Turnpike History

Date Event Value Agent
2/21/2026Source: MRED Status Change
Active
2/16/2026Source: MRED Added to Database
February 16, 2026