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3631 147th Street Midlothian, IL $ 660,000
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3631 147th Street
$ 660,000
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3631 147th Street

Midlothian, IL, 60445
$ 660,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 4,064

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Multi-Family Home for sale in Midlothian, IL

for $660,000 with 3 bedrooms. This home was built in 1962.

Fantastic Investment Opportunity with Value-Add Potential! Discover this well-maintained 6-unit all-brick building offering strong cash flow and excellent value-add potential! The property features five occupied 2-bed/1-bath units and one vacant 1-bed/1-bath unit, providing a perfect opportunity for renovations, and owner-occupant option. Tenants enjoy the convenience of rear parking, with additional spaces available in the front, ensuring ample accommodation for all. Situated in a highly desirable area, the building is just minutes from the Metra station, shopping centers, restaurants, and everyday conveniences. This is a prime location with proven income and room to grow-an opportunity you don't want to miss!

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Multi-Family Active

Price

$ 660,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 14,002

Style

Year Built

1962

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12673439
Features
General
Zoning MULTI
Year Built 1962
Tenant Pays Electricity
Stories Count 3
Tax Year 2023
Gross Income 7300
County Cook
Net Operating Income 51600
Operating Expense 42900
Insurance Expense 6800
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 500
Status New
Directions Take 147th heading east past Pulaski and the building located on the south side of 147th
City Midlothian
Number Of Units Total 6
MLS Area Midlothian
Tax Annual Amount 14002
Electric Expense 600
Fuel Expense 7200
Trash Expense 1200
Water Sewer Expense 6000
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7
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Exterior
Lot Dimensions 6528
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* Excluded Features
List By
My Casa Realty Corp.

Broker

steve@mycasarealtor.com

Email

Affordability Calculator

$5,231
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,064
Monthly Property Taxes
$1,167
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
6/10/2026$660,000 Listed Price

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3631 147th Street, Midlothian, IL, 60445 is a Multi-Family Home for sale at $660,000. 3631 147th Street has 3 bedrooms, 0.0 baths, and was built in 1962. The property's zip code is 60445 which is in Midlothian, IL

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