- For Sale $3,350,000
- Property Type Industrial
- Property Size 35,900 SF
- Cap Rate % 9.24
- NOI / YR $309,646.00
- # of Floors 1
- Date Updated Jun 25, 2026
Description
Strauss Realty, Ltd. has been exclusively engaged to market for sale 14600 Kilpatrick Avenue, a multi-tenant industrial property located in Midlothian, Illinois. The property consists of two buildings totaling approximately 35,900 square feet across with 42 individual units and 80 parking spaces.
Building 1 : Units 1–14, each approximately 700 square feet (9,800 SF total)
Building 2: Units 15–42, each approximately 900 square feet (26,100 SF total). Select units are combined.
234′ x 301′ Lot (70,434 SF)
A shared, secured restroom is located between Units 16 and 17.
Investment Summary
The property is offered at a purchase price of $3,350,000 and features a diversified small-bay tenant base. Recent capital improvements include separating several double units into single units, installation of bollards around gas meters, a mastered key system via GoldyLocks, and new heaters in select units. Ownership is currently completing installation of a fire alarm system as required by the Village.
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Contacts
Strauss Realty
Strauss Realty
