3625 147th Street Midlothian, IL $ 3,760,000
3625 147th Street
$ 3,760,000
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3625 147th Street

Midlothian, IL, 60445
$ 3,760,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 23,458

3625 147th Street, Midlothian, IL 60445 - Image 1
3625 147th Street, Midlothian, IL 60445 - Image 2
3625 147th Street, Midlothian, IL 60445 - Image 3
3625 147th Street, Midlothian, IL 60445 - Image 4
3625 147th Street, Midlothian, IL 60445 - Image 5
3625 147th Street, Midlothian, IL 60445 - Image 6

Multi-Family Home for sale in Midlothian, IL

for $3,760,000 with 6 bedrooms. This home was built in 1970.

ATTENTION: THIS IS A PORTFOLIO SALE OF ALL SIX IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 3625 147TH ST, 3626 147TH PL, 3632 147TH Pl, 3635 147TH St, 3638 147TH PL, 3646 147TH PL IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off 147th Street in Midlothian, IL. The offering consists of 6 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.

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Multi-Family Active

Price

$ 3,760,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 82,877

Style

Year Built

1970

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12447583

Features
General
Year Built 1970
Stories Count 2
Tax Year 2023
Gross Income 549972
County Cook
Net Operating Income 292327
Operating Expense 234780
Insurance Expense 23400
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 10800
Status Active
Directions Take exit 8 off I-294 and a right into 147th street in Posen. Then just go straight until you reach the 6 flats in Midlothian by the Self Storage building.
City Midlothian
Number Of Units Total 36
MLS Area Midlothian
Tax Annual Amount 82877
Electric Expense 4007
Fuel Expense 28682
Trash Expense 8905
Water Sewer Expense 11708
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 7.77
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Exterior
Lot Dimensions 30 X 77
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* Excluded Features
List By
Real Realty Inc

Broker

aredzic@realrealtyus.com

Email

Affordability Calculator

$30,364
Per Month
77%
23%
0%
Monthly Principal & Interest
$23,458
Monthly Property Taxes
$6,906
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$3,760,000 -8.18% Price Down
8/15/2025$4,095,000 Listed Price

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3625 147th Street, Midlothian, IL, 60445 is a Multi-Family Home for sale at $3,760,000. 3625 147th Street has 6 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60445 which is in Midlothian, IL