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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12684501MLS Provider

5545 W 127th StreetCrestwood, IL 60418

Vacant Land · 2.62 Acres
$2,100,000 Active

5545 W 127th Street Overview

Time on Site:
7 days
Visits:
0

2.62 Acres - Prime Vacant Land Commercial Opportunity in Crestwood. Fully fenced and paved lot with a 1,500 SF office building, offering excellent frontage along 127th Street near I-294 and Cicero Avenue. Former site of Tri-State Bus Terminal. It offers strong redevelopment potential for commercial, residential, office, retail, or mixed-use, making it one of the largest parcels available on 127th Street in Crestwood.

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5545 W 127th Street Facts & Features

  • Type Vacant Land
  • Lot 2.62 Acres

Details

General

School Information

  • School District: 218

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Crestwood
  • Township: Worth

Tax Information

  • Tax Annual Amount: $33,537.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 24331001350000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 200
  • Frontage Type: City Street
  • Lot Size Acres: 2.62
  • Lot Size Dimensions: 200x500
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available

5545 W 127th Street Neighborhood

Community

60445 (Midlothian) Demographics

43
Median Age
3,641
Population Density (per sq. mile)
31%
College Educated
$61,286
Estimated Median Income
8,223
Estimated Total Home Owners
2,574
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5545 W 127th Street Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5545 W 127th Street Market Data

Based on the last 30 days in this zip code

$252,042
Average List Price
$211
Average Price per Square Foot
27
Properties Sold
43
Average Days on Market
86
Properties for Sale
Calculations provided by Reliance Network

5545 W 127th Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Added to Database
June 22, 2026
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Status Change
Re-activated
2/24/2026Source: MRED Status Change
Contingent
10/25/2025Source: MRED Status Change
Active
10/20/2025Source: MRED Added to Database
October 20, 2025