14618 Keystone Avenue Midlothian, IL ^$ 695,000

14618 Keystone Avenue

^$ 695,000

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14618 Keystone Avenue

Midlothian, IL, 60445

^$ 695,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 4,388

14618 Keystone Avenue, Midlothian, IL 60445 - Image 1

14618 Keystone Avenue, Midlothian, IL 60445 - Image 2

14618 Keystone Avenue, Midlothian, IL 60445 - Image 3

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14618 Keystone Avenue, Midlothian, IL 60445 - Image 7

Multi-Family Home for sale in Midlothian, IL

for $695,000 with 3 bedrooms. This home was built in 1963 on a lot size of 0.13.

Real Realty is pleased to present for sale 3625 147th St in Midlothian, IL. This property contains (5) two bedroom-one baths along with (1) one bedroom-one bath. Three of the apartments are fully rehabed, while the remaining three provide substantial upside in rent premiums of $200+ per unit post renovation. Mostly copper plumbing throughout the building along with a Weil-Mclain tankless boiler to save on gas. This is an opportunity for an investor to purchase these properties and continue to improve units to fuirther maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (3625 147th St) along with this property.

Multi-Family Active

Price

^$ 695,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,652

Style

Lot Size

0.13

Year Built

1963

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12692182

Features

General

Cooling Wall Sleeve

Zoning MULTI

Year Built 1963

Electric Circuit Breakers Separate Meters

Tenant Pays Electricity

Stories Count 2

Township Bremen

Tax Year 2024

Gross Income 96108

County Cook

Net Operating Income 61238

Operating Expense 39040

Insurance Expense 3737

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 6127

Status Active

Directions From I-57 take Exit 348 for 147th Street and head west approximately 2 miles to the property. From I-294 exit at 147th Street and proceed east approximately 3 miles. The property is located just east

City Midlothian

Number Of Units Total 6

MLS Area Midlothian

Tax Annual Amount 16652

Electric Expense 973

Fuel Expense 3551

Trash Expense 1560

Water Sewer Expense 3911

Additional Parcels Y/N N

Standard Status Active

Cap Rate 8.81

Exterior

Lot Dimensions 77 X 30

Lot Size Acres 0.13

* Excluded Features

List By

Real Realty Inc

Broker

aredzic@realrealtyus.com

Affordability Calculator

$5,776

Per Month

Monthly Principal & Interest: $4,388
Monthly Property Taxes: $1,388
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Midlothian, IL

Average List Price ^$673,300

Percent of Sale Price 3%

About Midlothian, IL

13,854 Population

-1% Since 2002

^$63,413 Median Income

37.17 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/25/2026	$695,000		Listed Price

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14618 Keystone Avenue, Midlothian, IL, 60445 is a Multi-Family Home for sale at $695,000 with a lot size of 0.13. 14618 Keystone Avenue has 3 bedrooms, 0.0 baths, and was built in 1963. The property's zip code is 60445 which is in Midlothian, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 9/29/2026.

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14618 Keystone Avenue

Multi-Family Home for sale in Midlothian, IL

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