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

5545 W 127th St, Crestwood, IL 60445

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

Property SizeContact for details
Days on Market153

Property Features for 5545 W 127th St

General Information

Standard status Active
Property subtype VacantLand
Listing Agency: Coldwell Banker Realty
Listed By: Charles Groebe · License #475091121
Source: Commercialcafe
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 12:30AM

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 60445, IL

14,692
Population
6,228
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
4.3 sq mi
ZIP Area
3,417
Density / Sq Mi
$68,385
Median Household Income
$46,480
Median Earnings
$1,202
Median Rent
$201,700
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
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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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