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Fenced Commercial Land with Office
For Sale
$2,100,000

5545 W 127th St, Crestwood, IL 60418

Paved, fully fenced commercial land with an existing office building and frontage along 127th Street.

Property SizeContact for details
Days on Market159

Property Features for 5545 W 127th St

General Information

Standard status Active
Property subtype Land/Lot
Listing Agency: Coldwell Banker Realty
Listed By: Charles Groebe (708) 205-8703 · License #475091121
Source: Illianahomesource
Added: Apr 3 Changed: Sep 8 Last Checked: Sep 7 at 8:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 2.62-acre commercial land parcel includes a 1,500-square-foot office building, a paved lot, and full perimeter fencing. The existing office improvement adds an established structure to the larger land component.

The property fronts 127th Street in Crestwood, with I-294 and Cicero Avenue nearby. It was formerly occupied by the Tri-State Bus Terminal. The site combines substantial land area, paved surfaces, fencing, roadway frontage, and existing office space in one commercial property.

Key Highlights

  • 2.62‑acre commercial land parcel
  • Existing 1,500 SF office building
  • Fully fenced property with paved lot

Property Analytics

Current Use

Coach USA - Crestwood, ... Travel Agency

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Catering Service Bakery Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby

Demographics for 60418, IL

10,813
Population
5,331
Households
2
Avg Household Size
49
Median Age
23%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
3,604
Density / Sq Mi
$69,237
Median Household Income
$52,518
Median Earnings
$1,300
Median Rent
$187,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Paved, fully fenced commercial land with an existing office building and frontage along 127th Street.
Where is this commercial land located?
The property is located at 5545 W 127th St Crestwood, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 2.62‑acre commercial land parcel; Existing 1,500 SF office building; Fully fenced property with paved lot
More about this property
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