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14618 Keystone Avenue Midlothian, IL $ 1,885,000
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$ 1,885,000 Get more info
14618 Keystone Avenue
$ 1,885,000
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14618 Keystone Avenue

Midlothian, IL, 60445
$ 1,885,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 11,606

14618 Keystone Avenue, Midlothian, IL 60445 - Image 1
14618 Keystone Avenue, Midlothian, IL 60445 - Image 2
14618 Keystone Avenue, Midlothian, IL 60445 - Image 3
14618 Keystone Avenue, Midlothian, IL 60445 - Image 4
14618 Keystone Avenue, Midlothian, IL 60445 - Image 5
14618 Keystone Avenue, Midlothian, IL 60445 - Image 6

Multi-Family Home for sale in Midlothian, IL

for $1,885,000 with 6 bedrooms. This home was built in 1970.

ATTENTION: THIS IS A PORTFOLIO SALE OF ALL THREE IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 14618 KEYSTONE AVE, 14619 KEYSTONE AVE, AND 14643 KEYSTONE AVE IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off Keystone Avenue in Midlothian, IL. The offering consists of 3 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

$ 1,885,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 44,747

Style

Year Built

1970

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12447671
Features
General
Year Built 1970
Stories Count 2
Tax Year 2023
Gross Income 272556
County Cook
Net Operating Income 140682
Operating Expense 120563
Insurance Expense 11700
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 5400
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 cross street of 147th and Keystone and then take a right. You will come across the three Keysto
City Midlothian
Number Of Units Total 18
MLS Area Midlothian
Tax Annual Amount 44747
Electric Expense 2004
Fuel Expense 14341
Trash Expense 4453
Water Sewer Expense 5854
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 7.46
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Exterior
Lot Dimensions 30 X 80
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* Excluded Features
List By
Real Realty Inc

Broker

aredzic@realrealtyus.com

Email

Affordability Calculator

$15,335
Per Month
76%
24%
0%
Monthly Principal & Interest
$11,606
Monthly Property Taxes
$3,729
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2025$1,885,000 -6.91% Price Down
8/15/2025$2,025,000 Listed Price

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14618 Keystone Avenue, Midlothian, IL, 60445 is a Multi-Family Home for sale at $1,885,000. 14618 Keystone Avenue has 6 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60445 which is in Midlothian, IL

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