Crestwood Medical

Crestwood

Market Report

Number of Listings
Posted in the last 90 days
2

Crestwood Office & Commercial Space

With a residential population of approximately 11,000, Crestwood is one of many small communities located within Cook County. Thanks to an advantageous location relatively close to Chicago, the largest city in the state, Crestwood is an ideal spot for those seeking office space for rent or commercial space for rent in an affordable area of Illinois. The properties found throughout the numerous neighborhood zones here are guaranteed to inspire business owners seeking rental property for lease that will serve as an excellent foundation for future growth.

Crestwood Economic Overview

With a median household income only slightly below state averages, the residents of Crestwood typically fall within a lower-middle class / middle class income bracket. As could be expected, two of the more dominant industries in this community are construction and manufacturing. That being said, the recent financial crisis has several impaired manufacturing efforts in the region, culminating in above-average unemployment levels here. Per capita income in Crestwood is approximately $27,000, on average. In keeping with standards established throughout the county, the cost of living in Crestwood remains quite low, which is very convenient for those forced to maintain tight budgets.

Crestwood At A Glance

Crestwood has found itself in the center of state-wide controversy following allegations that city officials were lowering taxes by supplementing city drinking water with contaminated water from a well known to contain toxic chemicals. These allegations ultimately culminated in a series of legal cases in 2009. Crestwood’s demographics are largely homogeneous, with the majority of the population here being Caucasian. This community is currently the official home to multiple units of the Illinois National Guard. Due to the small size of the city, public transportation facilities are not widely available in Crestwood, nor are they available in surrounding communities.

Where To Lease In Crestwood

As is common with many of the communities in Cook County, the small physical size of Crestwood helps ensure that business owners will be able to connect with local customers, regardless of their positioning within the city. That being said, some business owners may find the scarcity of available properties here to be somewhat frustrating, particularly for those who are looking for very specific attributes in their desired property, such as size, location and functionality, among other important parameters.

Learn More About Crestwood

Market Data

Real time and historical data on commercial real estate listings in Crestwood.
Research