Strip Mall with Laundry
New
For Sale
$999,000
5547-5561 127th Street, Crestwood, IL 60418
COMMERCIAL - Crestwood, IL
Property Size8,000 SF
Lot Size0.64 Acres
Price / SF$124.88
Days on Market4
Property Features for 5547-5561 127th Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
RTAIL
Directions
127th & Central ave. Crestwood
Subdivision
Crestwood
Standard status
Active
APN
24331000220000
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
63691
Utilities
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
1
Number of units
8
Building materials
Brick
Listing Agency:
RE/MAX 1st Service · RE/MAX International
(708) 675-1600
Listed By:
Bill Weber · License #475129170
(708) 675-1600
Added: Aug 15
Changed: Aug 17
Last Checked: Aug 18 at 6:06AM
MLS# 12734072
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick strip mall was built in 1975 and configured for eight storefronts, creating a multi-suite retail layout. The property includes commercial-grade laundry equipment associated with a former laundromat operation, along with central air and 36 parking spaces. Zoning is identified as RTAIL.
The property occupies 0.6357 acres at 5547-5561 127th Street in Crestwood, Illinois. Its storefront configuration and existing improvements support a range of retail-oriented occupancy arrangements, subject to applicable zoning and approvals.
The property occupies 0.6357 acres at 5547-5561 127th Street in Crestwood, Illinois. Its storefront configuration and existing improvements support a range of retail-oriented occupancy arrangements, subject to applicable zoning and approvals.
Key Highlights
- Configured with 8 storefronts
- Commercial‑grade laundry equipment included
- 36 parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Brick retail center with multiple storefronts, central air, on-site parking, and commercial-grade laundry equipment.
Where is this strip mall located?
The property is located at 5547-5561 127th Street 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: Configured with 8 storefronts; Commercial‑grade laundry equipment included; 36 parking spaces
