June 5, 2025 – Anthony Spangler of Horvath & Tremblay has successfully completed the sale of an eighteen-unit multi-family property in Crestwood, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2,020,000.
The properties are located at 14019, 14021 and 14042 Kilpatrick Avenue in Crestwood, Illinois. The Properties are comprised of three (3) three-story buildings (each on its own tax parcel) that contain eighteen (18) total units, consisting of nine (9) 2-Bedroom/1-Bathroom units and nine (9) 1-Bedroom/1-Bathroom units. The buildings have a total of 13,500 square feet of living space in 16,000 square feet of gross area, on a combined 1-acre of land. The buildings feature on-site laundry facilities and have thirty-six (36) total parking spaces. The Properties are well-located located in a convenient residential neighborhood near South Cicero Avenue, the primary commercial thoroughfare through Crestwood that provides easy access to a large array of retail, entertainment and service amenities, including the Rivercrest Shopping Center. Kilpatrick Avenue is a short walk to a Pace bus stop at the major intersection of South Cicero Avenue and Midlothian Turnpike; South Cicero Avenue also connects with Interstate 294, which provides a direct route to Chicago. Additionally, the Properties are approximately 2.2 miles from both the Robbins and Midlothian Metra Stations with service on the RI Line. Crestwood is situated 24 miles southwest of The Loop in Downtown Chicago.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.