4039 147th Street Midlothian, IL $ 510,000
4039 147th Street
$ 510,000
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4039 147th Street

Midlothian, IL, 60445
$ 510,000
Baths0.0 Sq 2,850

Monthly Estimate*

$ 3,563

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Studio

Commercial Property for sale in Midlothian, IL

for $510,000. This 2,850 square foot building was built in 1988 on a lot size of 0.371212.

A totally updated from A-Z mixed-use commercial brick building & corner vacant land located in the heart of the Midlothian business district. fully leased, consists of a spacious hair salon with two bathrooms & an apartment unit in the back, with 15 parking spaces. The corner vacant lot with great exposure on high traffic 147th street is great for a national tenant, Starbucks, Dunkin Donuts, etc, Endless possibilities, including a possible second studio apartment unit in the salon area for future added income. new tuckpoint, new water heaters. multiple PIN numbers included (2810403004, 2810403005, 2810403006, 2810403007), legal address 4039-4041 & 4031-4037 W 147th Street. Over $100,000 of updates were recently done. Great income-producing property plus a great opportunity to build and develop the lot for your own business or for added investment income. An extra $300 a month was received for parking on the vacant lot. 147 feet frontage on busy 147th street. seller is willing to sell the vacant land for separately for $149,900 and the mixed used building for $349,900

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Commercial Active

Price

$ 510,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,135

Style

Commercial

Lot Size

0.371212

Year Built

1988

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

11840172

Features
General
Cooling Window Unit(s)
Zoning COMMR
Year Built 1988
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Insurance Scavenger
Stories 1
Township Bremen
Property SubType Mixed Use
Tax Year 2021
Current Use Commercial
Gross Income 36000
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office and Research Retail
Status Active
Directions WEST OF PULASKI & 147TH TO ADDRESS
City Midlothian
Total Units 2
MLS Area Midlothian
Lot Size Square Feet 16170
Street Name 147th
Tax Annual Amount 16135
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 124
Lease Type Gross
Standard Status Active
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Exterior
Building Area Total 2850
Lot Dimensions 147X110
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Better Homes & Gardens Real Estate

Broker

rimahomesales@gmail.com

Email

Affordability Calculator

$4,907
Per Month
73%
27%
0%
Monthly Principal & Interest
$3,563
Monthly Property Taxes
$1,345
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2023$510,000 Listed Price

Map


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4039 147th Street, Midlothian, IL, 60445 is a Commercial Property for sale at $510,000 with 2,850 sqft and a lot size of 0.371212. 4039 147th Street is a studio with 0.0 baths and was built in 1988. The property's zip code is 60445 which is in Midlothian, IL