Back to searchdwelloSaveShareHideMore
Price cut: $100,000
View all 1 photos
Industrial · Midlothian, IL
$3,350,000$3,450,000
beds · baths
14600 Kilpatrick Avenue, Midlothian, IL, 60445
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

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.
— the listing agent’s description

The home

Lot 234x301
Industrial

What it’ll cost

$142,497 taxes / yr
No HOA
Listed $3,450,000
Now $3,350,000
176 days on dwello

Estimated monthly payment

$30,664/mo
Principal & interest$17,812
Property taxes$11,875
Homeowners insurance$977
Get pre-qualified →Connect with a licensed lender in the dwello network.
Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
176 days on dwello
Price history
Price reduced
Jun 29, 2026
↓ $100,000$3,350,000
Listed for sale
Feb 16, 2026
$3,450,000
Now $100,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$142,497/yr
Assessed value
2025
County assessor
$369,986
2024
$369,986
2023
$369,986
2022
$309,036
2021
$309,036
2020
$295,168
2019
$309,762
2018
$273,948
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

None

Schools nearby

Kolmar Elementary School · 0.5 mi
Saint Christopher School · 0.7 mi
Kerkstra Elementary School · 0.8 mi
Springfield Elementary School · 1.0 mi
Saint Damian School · 1.3 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
Loading map…
Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Craig Wolf · Strauss Realty Ltd
Listing last updated Aug 10, 2026 · data refreshed from the MLS Aug 10, 2026, 8:56 PM CT
Based on information submitted to the MLS GRID as of Aug 10, 2026, 8:56 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
See it in personA real dwello agent on our team — never a sold lead.
Schedule a tour Message
No pressure — reach out whenever you’re ready.
MessageSchedule a tour