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3625 147th Street Midlothian, IL $ 695,000
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3625 147th Street
$ 695,000
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3625 147th Street

Midlothian, IL, 60445
$ 695,000
Bedrooms3 Baths0.0 Sq 4,600

Monthly Estimate*

$ 4,388

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
3625 147th Street, Midlothian, IL 60445 - Image 7

Multi-Family Home for sale in Midlothian, IL

for $695,000 with 3 bedrooms. This 4,600 square foot home was built in 1962 on a lot size of 0.15.

Real Realty is pleased to present this singular 6-flat for sale along 147th Street, adjacent to a large self storage facility that dominates the block. This building consists of one - 1-bedroom and five - 2-bedroom units. Each building has a central boiler and central hot water heater. Heat and water are paid by landlord, tenants pay for electrictiy and cooking gas. 3 out of the 6 units in this building are fully renovated, achieving rents at a $250 premium than the non-renovated units. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (14618 Keystone Ave) along with this property.

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Multi-Family Active

Price

$ 695,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 13,245

Style

Lot Size

0.15

Year Built

1962

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12626703
Features
General
Cooling Wall Sleeve
Zoning MULTI
Construction Materials Brick
Year Built 1962
Tenant Pays Electricity
Stories Count 2
Tax Year 2024
Gross Income 92832
County Cook
Net Operating Income 53580
Operating Expense 30450
Insurance Expense 3737
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 6127
Status Active
Directions Off I-294 take Exit 8 into 147th Street. Keep going straight until you come across the Extra Space Self Storage facility followed by an array of small mutlifamily buildings. The building labeled wit
City Midlothian
Number Of Units Total 6
MLS Area Midlothian
Tax Annual Amount 13245
Electric Expense 495
Fuel Expense 4320
Trash Expense 1560
Water Sewer Expense 2663
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.71
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Interior
Basement Finished
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Exterior
Foundation Details Brick/Mortar
Building Area Total 4600
Lot Dimensions 54 X 38
Lot Size Acres 0.15
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* Excluded Features
List By
Real Realty Inc

Broker

aredzic@realrealtyus.com

Email

Affordability Calculator

$5,492
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,388
Monthly Property Taxes
$1,104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/25/2026$695,000 Listed Price

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3625 147th Street, Midlothian, IL, 60445 is a Multi-Family Home for sale at $695,000 with 4,600 sqft and a lot size of 0.15. 3625 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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