Crest Court

For Sale

17508 E. Carriageway Dr., Hazel Crest, IL 60429

This Hazel Crest property for sale is located at 17508 E. Carriageway Dr.. The general use of Crest Court is office and it incorporates 23,203 square feet of class B office space. The current listed sale price for Crest Court is $1,895,000.

Contacts

broker

Rose Gillece

Network Commercial Real Estate

(708) 873-5540

Property Details

  • Property Type Office - Shared Space
  • Property Size 23,203 SF
  • Building Class B
  • Date Updated Apr 9, 2024
Excellent location Interstate access via 1-294 and 1-80 at the Dixie Highway interchange is 5 minutes awaySouthwest corner of East carriageway Drive and 175th street. An average of 14,700 cars per day travel this major east-west thoroughfare. Public transportation is available directly to property. Local access available via Kedzie avenue. Traffic count on Kedzie is an average of 22,200 cars per day.. The property is one block north of South Suburban Hospital and a few blocks north of Homewood-Flossmoor High SchoolPotential Seller Financing with $1.1mm down. This mixed use office/retail multi-tenant building boasts a 92% occupancy rate. Its smaller units lead to easier to lease spaces and minimal re-tenanting expenses. Building features recent facade updates, new landscaping and completely new parking lots. A new monument sign was added in November 2023. Current ownership has taken great pride in making significant improvements.Fully built out office spaces available. Wide range of layouts to include office use as well as a hair/salon use. 17500-C is 930 square feet available upon removal of tenant. Unit has 2-3 private offices.

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Highlights

  • 92% occupancy!
  • Many recent updates including exterior painting and all new landscaping
  • Both north and south parking lots completely replaced to gravel base
  • New Monument Signage
  • 8.7% Cap Rate (projected 2024)
  • Project to sub-meter water will reduce 2024 expense by $10K per budget

Getting around

  • 65/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hazel Crest, IL
  • Neighborhood Hazel Crest
  • Zip Code 60429
  • Market Chicago

Points of Interest

  • Homewood

    1.31 miles

  • Calumet

    1.46 miles

  • Hazel Crest

    1.78 miles

  • Flossmoor

    2.03 miles

  • Oak Forest

    3.39 miles

  • Olympia Fields

    3.40 miles

  • Harvey

    3.60 miles

  • Midlothian

    3.97 miles

  • 211th Street (Lincoln Highway)

    4.48 miles

  • 147th Street (Sibley Boulevard)

    4.59 miles

  • Citgo

    0.21 miles

  • BP

    0.22 miles

  • Mobil

    0.95 miles

  • Jewel

    0.98 miles

  • Speedway

    1.10 miles

  • Mobil

    1.30 miles

  • Marathon

    1.45 miles

  • BP

    1.46 miles

  • Shell

    1.49 miles

  • Falcon

    1.53 miles

  • Strip Mall Parking Lot

    0.10 miles

  • Pace Homewood Park & Ride

    2.93 miles

  • Pace Harvey Park & Ride

    3.70 miles

  • George W. Dunne National Driving Range

    3.88 miles

  • Rest Area I-80 (East Bound)

    4.74 miles

  • Rest Area I-80 (West Bound)

    4.78 miles

  • Hap Bruno Field

    4.89 miles

  • Matteson Metra Station Lot #2

    5.04 miles

  • Matteson Metra Station Lot #1

    5.05 miles

  • U-Pull-It Salvage Yard

    6.08 miles

  • Quality Inn & Suites

    2.85 miles

  • Motel 6

    2.88 miles

  • Days Inn & Suites by Wyndham Harvey / Chicago Southland

    2.90 miles

  • Travelodge

    2.95 miles

  • Super 8 South Holland

    2.97 miles

  • Econo Lodge

    2.99 miles

  • Best Western Plus South Holland/Chicago Southland

    3.02 miles

  • Clarion

    3.06 miles

  • Hampton Inn & Suites Chicago Southland-Matteson

    4.96 miles

  • Quality Inn & Suites Matteson

    5.02 miles

  • Teddy's Fruit & Meat Market

    0.06 miles

  • Jewel-Osco

    1.04 miles

  • ALDI

    1.09 miles

  • Walt's Food Center

    1.32 miles

  • Walmart Supercenter

    1.57 miles

  • dd's Discounts

    2.04 miles

  • Walmart Supercenter

    2.61 miles

  • Kohl's

    2.71 miles

  • TJ Maxx

    2.74 miles

  • Ross

    2.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rose Gillece

Network Commercial Real Estate

(708) 873-5540