This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
$999,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
Property Description
Excellent investment opportunity! This 8,000-square-foot strip center was originally designed with 8 storefronts, offering flexible space and strong potential for multiple tenants. The property also includes a once longtime operating laundromat with commercial-grade laundry equipment, providing an established business component and additional income potential. Includes 36 parking spaces. PLEASE DO NOT DISTURB OR APPROACH CURRENT TENANTS. ALL INQUIRIES AND PROPERTY TOURS SHOULD BE COORDINATED THROUGH THE LISTING REPRESENTATIVE.
Full Property Details
Full Property Details for 5547-5561 127th St
General
- Price: $999,000
- Taxes: $63,691 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12734072
Business
- Business Type: Retail
Additional Information
- Security/Safety: Other
Location
- Area: Crestwood
- County: Cook
- Township: Worth
- Driving Directions: 127th & Central ave. Crestwood
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 8,000
- Year Built: 1975
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 27,692
- Lot Dimensions: 100 x 276.92
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assoc Fee Freq.: Annually
- Security Deposit: Other
- Assessment Year: 1975
- Tax Amount: $63,691
- Tax Year: 2023
Disclosures and Reports
- Property ID: 24331000220000
Listed by RE/MAX 1st Service
Get Pre-Approved Today
Get a Great Insurance Rate
Price & Sales History for 5547-5561 127th St
Date
Details
Price
Change
Source
8/15/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5547-5561 127th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$63,691
—
$213,054
—
2023
$63,691
5%
$213,053
26%
2022
$60,741
6%
$169,720
—
2021
$57,434
2%
$169,720
—
2020
$56,464
24%
$169,720
27%
2019
$45,458
4%
$133,940
—
2018
$43,554
-3%
$133,940
—
2017
$44,960
-3%
$133,940
1%
2016
$46,552
2%
$132,844
—
2015
$45,822
2%
$132,844
—
2014
$44,824
2%
$132,844
-7%
2013
$43,934
4%
$142,234
—
2012
$42,156
—
$142,234
—
Disclaimer: Historical tax 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 5547-5561 127th St
5547-5561 127th Street, Crestwood, IL 60418 (MLS# 12734072) is a Commercial property. 5547-5561 127th Street is currently listed for $999,000 and was received on August 15, 2026. Want to learn more about 5547-5561 127th Street? Do you have questions about finding other Commercial real estate for sale in Crestwood? You can browse all Crestwood real estate or contact a Coldwell Banker agent to request more information.

