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$2,500,000 Just Listed
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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.
Full Property Details
Full Property Details for 4701-4731 W Midlothian Turnpike
General
- Price: $2,500,000
- Taxes: $104,124 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12746858
- Updated: 8/31/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Carpet, Varies, 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, Varies, Vinyl
- Stories/Levels: 0
- Square Feet: 24,000
- Year Built: 1987
Unit Information
- # Tenants: 21
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: $104,124
- Tax Year: 2024
- 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
8/31/2026
Listed
$2,500,000
—
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# 12746858) is a Office property. 4701-4731 W Midlothian Turnpike is currently listed for $2,500,000 and was received on August 31, 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.

