$3,350,000
( $93.31Per Sq Foot )
 $17,984 est/mo Sourced by Back At You

14600 Kilpatrick Avenue,Midlothian, IL 60445

Midlothian, IL 60445

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Description

Strauss Realty, Ltd. is pleased to present 14600 Kilpatrick Avenue, a multi-tenant industrial investment opportunity in Midlothian, Illinois. The property consists of two buildings totaling approximately 35,900 square feet and 42 individual units. Building 1 (Units 1-14) includes approximately 9,800 SF, with units averaging 700 SF each. Building 2 (Units 15-42) totals approximately 26,100 SF, with units averaging 900 SF, including several combined spaces. A shared, secured restroom is located between Units 16 and 17. Offered at $3,350,000, the property features a diversified small-bay tenant base. Current NOI is $309,646, reflecting an 9.24% cap rate, with stable in-place income and potential for future rental growth. Recent capital improvements include demising select double units into single units, installation of bollards around gas meters, implementation of a mastered key system (GoldyLocks), and new heaters in select spaces. Ownership is currently completing installation of a required fire alarm system per the Village.

Details

MLS #12570028
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site202
Listing Provided ByStrauss Realty Ltd | Craig Wolf

Features

SQ Feet35,900
Story(s)1
Units42
Acreage1.62

Interior

CoolingNone

Utilities

ElectricOther

Taxes

Tax Year2024
Tax Annual Amount142497

Area Information

StateIL
CountyCook
CityMidlothian
Zip Code60445
AreaMidlothian
Listing VS Median (in 60445)
Price:
$3,350,000
low | high
Med:
$274,900
100% of Average
sqft:
35,900
low | high
Med:
1,308
100% of Average
$ / sqft:
$93
low | high
Med:
$210
75.225021680588% of Average
On site:
202
low | high
Med:
2
100% of Average
Sourced by Back At You

Market Activity 60445

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Contact

Learn More About This Property

Daniel and Associates Real Estate

Daniel and Associates Real Estate

 (630) 231-8090daareoffice@daare.com
StateIL
CountyCook
CityMidlothian
Zip Code60445
AreaMidlothian
Listing VS Median (in 60445)
Price:
$3,350,000
low | high
Med:
$274,900
100% of Average
sqft:
35,900
low | high
Med:
1,308
100% of Average
$ / sqft:
$93
low | high
Med:
$210
75.225021680588% of Average
On site:
202
low | high
Med:
2
100% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 3:04:42 PM PDT
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