Natalie Luchsinger
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.
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: 12746858
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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 | $2,500,000 | $2,500,000 | $2,500,000 |
| Down Payment | $87,500 | $0 | $500,000 |
| Monthly Mortgage Amount | $16,538 | $17,638 | $13,644 |
| Taxes | $3479 | $3479 | $3479 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,501 | $0 | $0 |
| Monthly Estimated Total | $22,247 | $21,846 | $17,852 |
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