Lisa Lynes
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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.
Property Highlights
Property Type: Commercial - Office
Year Built: 1987
Lot Size: 1.01 acres
General Information
County: Cook
Listed By:
Citypoint Illinois LLC
847-744-5003
MRED MLS
MLS ID: 12570095
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4701-4731 W Midlothian Turnpike, Crestwood, IL 60418.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,600,000 | $2,600,000 | $2,600,000 |
| Down Payment | $91,000 | $0 | $520,000 |
| Monthly Mortgage Amount | $15,101 | $15,711 | $12,138 |
| Taxes | $3618 | $3618 | $3618 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,559 | $0 | $0 |
| Monthly Estimated Total | $21,036 | $20,087 | $16,514 |
Lisa Lynes
REALTOR®
Cell: (319) 330-5077
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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