4740 147th Street W Midlothian, IL ^$ 5,700,000

4740 147th Street W

^$ 5,700,000

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4740 147th Street W

Midlothian, IL, 60445

^$ 5,700,000

Studio Baths0.0 Sq 34,000

Monthly Estimate*

^$ 39,816

4740 147th Street W, Midlothian, IL 60445 - Image 1

4740 147th Street W, Midlothian, IL 60445 - Image 2

4740 147th Street W, Midlothian, IL 60445 - Image 3

Studio

Commercial Property for sale in Midlothian, IL

for $5,700,000. This 34,000 square foot building was built in 1977 on a lot size of 2.42.

Great income producing plaza with high traffic flow. Multi tenant in a great area. Outlot potential. Presently offered at a 8 cap.

Commercial Active

Price

^$ 5,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 188,324

Style

Commercial,Office

Lot Size

2.42

Year Built

1977

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

11622843

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick

Year Built 1977

Electric Circuit Breakers

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger Sewer

Stories 2

Township Bremen

Tax Year 2020

Current Use Commercial Office

Gross Income 712528

County Cook

Net Operating Income 456420

Operating Expense 256108

Property Type Commercial Sale Retail/Stores

Status Active

Directions Take cicero to 147 th street go east building is on the north side of road

City Midlothian

Total Units 32

MLS Area Midlothian

Lot Size Square Feet 105415

Street Name 147th

Tax Annual Amount 188324

Additional Parcels Y/N N

Leasable Area 32000

Days on Market 361

Standard Status Active

Exterior

Building Area Total 34000

Lot Dimensions 305X350

Frontage Type City Street Public Road Interchange Paved

Exterior Brick

Interior

Street Suffix Street

* Excluded Features

List By

Century 21 Circle

Broker

georgeventurella@gmail.com

Affordability Calculator

$55,510

Per Month

Monthly Principal & Interest: $39,816
Monthly Property Taxes: $15,694
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Midlothian, IL

Average List Price ^$988,659

Percent of Sale Price 83%

About Midlothian, IL

13,854 Population

-1% Since 2002

^$63,413 Median Income

37.17 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/3/2023	$5,700,000	-24.00%	Price Down
9/7/2022	$7,500,000		Listed Price

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4740 147th Street W, Midlothian, IL, 60445 is a Commercial Property for sale at $5,700,000 with 34,000 sqft and a lot size of 2.42. 4740 147th Street W is a studio with 0.0 baths and was built in 1977. The property's zip code is 60445 which is in Midlothian, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/29/2024.

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4740 147th Street W

Commercial Property for sale in Midlothian, IL

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