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Strip Center with Laundromat
For Sale
$999,000

5547-5561 127th Street, 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 Market8

Property Features for 5547-5561 127th Street

General Information

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

Taxes and HOA fees

Annual Taxes $63,691

Building Details

Building Size 8,000 SF
Year Built 1975
Stories 1
Units 8
Tenancy Multi
Listing Agency: RE/MAX 1st Service
Listed By: Bill Weber · License #475129170
Source: Jjillrealtygroup
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 29 at 1:59PM

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 Street was originally configured with 8 storefronts, providing a multi-suite retail layout. The property includes a laundromat equipped with commercial-grade laundry machinery, along with 36 parking spaces.

Built in 1975 and identified with RTAIL zoning, the center combines retail storefront configuration with an established laundry component. Its existing layout supports multiple commercial spaces within one building.

Key Highlights

  • 8,000‑square‑foot strip center at 5547‑5561 127th Street
  • Originally designed with 8 storefronts
  • Laundromat 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 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: 8,000‑square‑foot strip center at 5547‑5561 127th Street; Originally designed with 8 storefronts; Laundromat with commercial‑grade laundry equipment
More about this property
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