Exceptional Investment Opportunity in Crestwood, Illinois: 13651 S Crawford Ave – $297,000

Exceptional Investment Opportunity in Crestwood, Illinois: 13651 S Crawford Ave

Located at 13651 S Crawford Avenue in Crestwood, IL 60418, this distinctive property presents a rare an d compelling opportunity for investors, developers, or visionary buyers seeking significant upside potential.

Priced at $297,000 and sold as-is, the property stands out not only for its size and existing infrastructure but also for its versatility and future redevelopment possibilities. With substantial interior space, extensive parking, and a generously sized lot, this offering is well-positioned for those ready to unlock its full value.

A Property Designed for Scale and Flexibility

The current layout of the property is unlike a traditional single-family home, making it especially attractive to investors. The building features 12 to 16 dorm-style bedrooms (buyer to verify), 7 bathrooms—including 6 full bathrooms and 1 half bathroom—and multiple office areas that support a wide variety of functional uses.

The configuration lends itself to adaptive reuse, whether for residential, administrative, or other city-approved purposes.

Large kitchen spaces are already in place, offering the infrastructure needed for high-capacity living arrangements or operational use. These kitchens provide a strong foundation for future renovation or repurposing, minimizing the need for complete structural overhaul.

Strong Infrastructure and Functional Space

One of the property’s most valuable features is its full basement, which offers additional usable square footage and storage potential. Basements of this size open the door to expanded functionality—ranging from storage and mechanical space to future finished areas depending on redevelopment plans and city approvals.

The interior layout also includes multiple office areas, which adds further flexibility. These spaces could be reimagined as administrative offices, private rooms, or converted living areas depending on the buyer’s vision and the results of due diligence with the city.

Ample Parking and Lot Size

Parking is often a limiting factor in redevelopment projects, but this property excels in that regard. The site includes an approximately 30-car parking lot, along with a driveway and uncovered owned parking spaces. This level of parking capacity is a significant asset and supports a wide range of potential future uses.

The generously sized lot enhances the property’s appeal even further. The outdoor space provides room for circulation, parking, or future site improvements, all of which can significantly increase the property’s overall value and functionality.

Zoning and Development Potential

The property is currently zoned R1, and buyers are encouraged to conduct their own due diligence with the City of Crestwood regarding permitted uses, zoning restrictions, and redevelopment opportunities.

While the existing zoning is residential, the size, layout, and infrastructure of the building suggest a wide range of potential outcomes for the right investor, subject to municipal approval.

This zoning flexibility, paired with the property’s scale, makes it ideal for buyers who are experienced in navigating local regulations and identifying value-add opportunities. Whether the future vision involves renovation, reconfiguration, or repositioning, the groundwork is already in place.

A True Value-Add Opportunity

What truly sets 13651 S Crawford Ave apart is its value-add potential. Properties with this level of square footage, parking availability, and interior infrastructure are increasingly rare at this price point. With strategic planning and investment, there is significant room to enhance both functionality and market value.

The dorm-style bedroom layout and multiple bathrooms allow for efficient use of space, while the office areas and kitchens support a variety of operational needs. Investors looking for projects with clear upside will appreciate the opportunity to modernize, reconfigure, or reposition the property to meet current market demands.

Ideal for the Right Buyer

This property is best suited for an investor or buyer who understands the importance of due diligence and long-term vision. It is being offered as-is, allowing buyers to assess and plan renovations or redevelopment according to their own objectives.

For those willing to put in the work, this property represents a rare chance to acquire a large, adaptable asset at a competitive price.

The Crestwood location offers convenient access to surrounding communities and major roadways, further enhancing the appeal for future use. As the demand for creative real estate solutions continues to grow, properties like this—offering scale, flexibility, and affordability—are increasingly sought after.

Priced to Sell

At $297,000, this property is priced to sell, reflecting both its current condition and its substantial upside potential. Few opportunities on the market offer this combination of size, infrastructure, parking, and redevelopment flexibility at such an accessible entry point.

Conclusion

13651 S Crawford Ave, Crestwood, IL 60418 is more than just a property—it is a blank canvas for the right investor. With 12+ bedrooms, 7 bathrooms, large kitchen spaces, office areas, a full basement, and parking for approximately 30 vehicles, the building provides a strong foundation for a wide range of future possibilities.

Zoned R1 and sold as-is, it invites buyers to explore its full potential through careful planning and city collaboration.

FROM ZILLOW