Crestwood, IL Apartment Buildings for Sale

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Alsip, IL Palos Heights, IL Worth, IL

Updated: Aug 15, 2025

Midlothian Multifamily Investment Opportunity

14618 Keystone Ave, Midlothian, IL 60445

$1,885,000

13,400 sqft

Portfolio of three 6‑unit buildings.
Opportunity to increase revenue by remodeling remaining units.
Remodeled units achieve significantly higher rents ($150+ for 1‑bedroom, $250+ for 2‑bedroom).
Mix of one and two‑bedroom units in each building.
Tenants pay for electricity.

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This listing looks promising.

Here's a quick look at some key insights for

14618 Keystone Ave, Midlothian, IL 60445

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$155K
Annual
Mortgage

$3.7M
Jan 2022
Last Sold

Jan 2022
$2.73M
Property Type

Apartments (Generic)
Built 1962

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Updated: Jun 18

Six-Unit Multifamily Building

14631 S Lamon Avenue, Midlothian, IL 60445

$750,000

Six‑unit multifamily building with six 2BR, 1‑bath units
Full basement with laundry room including 1 coin‑op washer and 1 coin‑op dryer
Each unit features a private balcony
Year built: 1972

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Midlothian Multifamily Investment Opportunity

14613 Keystone Avenue, Midlothian, IL 60445

$639,900

0.15 AC lot

Six-unit brick building in Midlothian, fully occupied, cash flowing.

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Six-Unit Brick Apartment Building

14613 Keystone Avenue, Midlothian, IL 60445

$639,900

Fully occupied six-unit building near Metra and shopping centers.

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Updated Condo with Pond Views

13620 Lamon Avenue #417, Crestwood, IL 60418

$177,500

1,000 sqft

Move-in ready condo featuring modern updates and tranquil pond views.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Crestwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Studio Apartment Building

184 W 147th Street, Harvey, IL 60426

$1,100,000

0.33 AC lot

20-unit studio apartment building with low-maintenance landscaping and parking lot repaving planned before closing.

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Studio Apartment Building with Parking

184 W 147TH ST, Harvey, IL 60426

$1,100,000

6,686 sqft

20-unit studio apartment building near major interstates, with a recently repaved asphalt parking lot.

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Scarborough Fare Condo with Upgrades

14511 Central Court #M2, Oak Forest, IL 60452

$196,000

1,150 sqft

Updated 2-bedroom condo with modern amenities and convenient location.

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Reynolds Lane Apartment Building

15700 Reynolds Lane, Oak Forest, IL 60452

$850,000

Six-unit apartment building in Oak Forest, Illinois.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Crestwood, IL

Consider similar Off-Market properties in Crestwood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

3546 147th St, Midlothian, IL 60445-3034

$600,000

Estimated value

4,480 sqft · 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

4028 147th St, Midlothian, IL 60445-3356

$950,000

Estimated value

7,264 sqft · 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14116 Kostner Ave, Crestwood, IL 60418-2210

Value Estimation by Request

2,173 sqft · 0.29 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14601 Karlov Ave, Midlothian, IL 60445-2770

$1,900,000

Estimated value

3,158 sqft · 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

15027 Lawndale Ave, Midlothian, IL 60445-3594

Value Estimation by Request

1,680 sqft · 0.45 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3903 147th St, Midlothian, IL 60445-3449

Value Estimation by Request

2,500 sqft · 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14601 Knox Ave, Midlothian, IL 60445-2500

Value Estimation by Request

1,618 sqft · 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

13739 Kildare Ave, Crestwood, IL 60418-2327

Value Estimation by Request

2,410 sqft · 0.48 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14739 Kilpatrick Ave, Midlothian, IL 60445-3152

Value Estimation by Request

4,055 sqft · 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3552 147th St, Midlothian, IL 60445-3052

Value Estimation by Request

2,012 sqft · 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3552 147th St, Midlothian, IL 60445-3052

Value Estimation by Request

2,012 sqft · 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14825 Kilpatrick Ave, Midlothian, IL 60445-3174

Value Estimation by Request

3,984 sqft · 0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14821 Kilpatrick Ave, Midlothian, IL 60445-3164

Value Estimation by Request

3,984 sqft · 0.25 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3307 147th St, Midlothian, IL 60445-3626

Value Estimation by Request

2,464 sqft · 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

13840 Le Claire Ave, Crestwood, IL 60418-1726

Value Estimation by Request

2,066 sqft · 0.23 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

4042 147th St, Midlothian, IL 60445-3351

Value Estimation by Request

2,967 sqft · 0.06 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

13942 Keeler Ave, Crestwood, IL 60418-2318

Value Estimation by Request

2,728 sqft · 0.69 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14210 Keeler Ave, Crestwood, IL 60418-2494

Value Estimation by Request

2,075 sqft · 0.23 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14716 Karlov Ave, Midlothian, IL 60445-3391

Value Estimation by Request

3,644 sqft · 0.17 AC lot

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Crestwood, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Crestwood, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,400 square feet of properties for sale, with an estimated market value of $2,062,500.

Sale prices for two-family homes in Crestwood, IL start at $177,500, averaging $1,031,250, and reaching up to $1,885,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 25K

Population Growth (5Y) -44.3%

Median Household Income $68,746

College Educated 28.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Crestwood, IL Apartment Buildings for Sale

14618 Keystone Ave, Midlothian, IL 60445

14631 S Lamon Avenue, Midlothian, IL 60445

14613 Keystone Avenue, Midlothian, IL 60445

14613 Keystone Avenue, Midlothian, IL 60445

13620 Lamon Avenue #417, Crestwood, IL 60418

Opportunities in Nearby Cities

184 W 147th Street, Harvey, IL 60426

184 W 147TH ST, Harvey, IL 60426

14511 Central Court #M2, Oak Forest, IL 60452

15700 Reynolds Lane, Oak Forest, IL 60452

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

215 N Bear Creek Road, Asheville, NC 28806

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

71 Salters Road, Greenville, SC 29607

Off-Market Properties in Crestwood, IL

3546 147th St, Midlothian, IL 60445-3034

4028 147th St, Midlothian, IL 60445-3356

14116 Kostner Ave, Crestwood, IL 60418-2210

14601 Karlov Ave, Midlothian, IL 60445-2770

15027 Lawndale Ave, Midlothian, IL 60445-3594

3903 147th St, Midlothian, IL 60445-3449

14601 Knox Ave, Midlothian, IL 60445-2500

13739 Kildare Ave, Crestwood, IL 60418-2327

14739 Kilpatrick Ave, Midlothian, IL 60445-3152

3552 147th St, Midlothian, IL 60445-3052

3552 147th St, Midlothian, IL 60445-3052

14825 Kilpatrick Ave, Midlothian, IL 60445-3174

14821 Kilpatrick Ave, Midlothian, IL 60445-3164

3307 147th St, Midlothian, IL 60445-3626

13840 Le Claire Ave, Crestwood, IL 60418-1726

4042 147th St, Midlothian, IL 60445-3351

13942 Keeler Ave, Crestwood, IL 60418-2318

14210 Keeler Ave, Crestwood, IL 60418-2494

14716 Karlov Ave, Midlothian, IL 60445-3391

Crestwood, IL Apartment Buildings Market Trends and Statistics

Demographics Overview

Taxes & Financing

Listings Trend

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