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Strip Center with Laundromat
For Sale
$999,000

5547-5561 127th St, Crestwood, IL 60418

Multi-storefront retail property with commercial laundry equipment and on-site parking.

Property Size8,000 SF
Price / SF$124.88
Days on Market35

Property Features for 5547-5561 127th St

General Information

Standard status Active
Size 8,000 SF
Total Parking Spaces 36
Property subtype Commercial

Building Details

Year Built 1975
Tenancy Multi
Listing Agency: RE/MAX 1st Service
Listed By: Bill Weber (708) 289-3456 · License #475129170
Source: Illianahomesource
Added: Aug 5 Changed: Sep 7 Last Checked: Sep 7 at 10:15AM

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 RE/MAX 1st Service

Investment Insights

Based on property information with market context.

This 8,000-square-foot strip center at 5547-5561 127th St includes a layout originally configured for 8 storefronts. The property also contains a laundromat component with commercial-grade laundry equipment, offering a specialized retail use within the center. Built in 1975, the building includes 36 parking spaces for customers and occupants.

The property is located in Crestwood, IL, with storefront and parking improvements suited to a multi-tenant retail configuration. Tours and inquiries are to be coordinated through the listing representative, and current tenants should not be approached directly.

Key Highlights

  • 8,000‑square‑foot strip center
  • Originally configured with 8 storefronts
  • Includes a laundromat component with commercial‑grade laundry equipment

Property Analytics

Current Use

Strip malls

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
Speedway Shops & Services
13,426 visits/mo 0.1 miles
Country House Dining
7,171 visits/mo 0.1 miles
Beggars Pizza Dining
3,033 visits/mo 0.1 miles
Public Storage Shops & Services
916 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-storefront retail property with commercial laundry equipment and on-site parking.
Where is this strip mall located?
The property is located at 5547-5561 127th St Crestwood, IL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 8,000‑square‑foot strip center; Originally configured with 8 storefronts; Includes a laundromat component with commercial‑grade laundry equipment
More about this property
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