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$2,600,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 4701-4731 W Midlothian Turnpike
General
- Price: $2,600,000
- Taxes: $50,488 (2023)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12570095
- Updated: 2/16/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: Crestwood
- County: Cook
- Township: Bremen
- Driving Directions: South Cicero Avenue, left on Midlothian Tpke, right on 4701 Midlothian.
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Sub-Flooring: Carpet, Vinyl
- Stories/Levels: 0
- Square Feet: 24,000
- Year Built: 1987
Unit Information
- # Tenants: 18
Lot Features
- Lot Size (Acres): 1.01
- Lot Size (Sq. Ft.): 44,100
- Lot Dimensions: 44100
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $198,355
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1987
- Tax Amount: $50,488
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Janitorial Service, Sewer
Disclosures and Reports
- Property ID: 28033010390000
Listed by Citypoint Illinois LLC
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Price & Sales History for 4701-4731 W Midlothian Turnpike
Date
Details
Price
Change
Source
2/16/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4701-4731 W Midlothian Turnpike
4701-4731 W Midlothian Turnpike, Crestwood, IL 60418 (MLS# 12570095) is a Office property. 4701-4731 W Midlothian Turnpike is currently listed for $2,600,000 and was received on February 16, 2026. Want to learn more about 4701-4731 W Midlothian Turnpike? Do you have questions about finding other Office real estate for sale in Crestwood? You can browse all Crestwood real estate or contact a Coldwell Banker agent to request more information.

