14631 S Lamon Avenue Midlothian, IL ^$ 750,000

14631 S Lamon Avenue

^$ 750,000

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14631 S Lamon Avenue

Midlothian, IL, 60445

^$ 750,000

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 4,618

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14631 S Lamon Avenue, Midlothian, IL 60445 - Image 8

14631 S Lamon Avenue, Midlothian, IL 60445 - Image 9

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Multi-Family Home for sale in Midlothian, IL

for $750,000 with 2 bedrooms. This home was built in 1972.

Six unit multifamily that consists of six- 2Br, 1-Bath units. The building also has a full basement that includes a laundry room with one coin-op washer and one coin-op dryer. Each unit has a balcony. Located close to shopping, restaurant's and public transportation. Minutes away from I-57 and-I-294. A great addition to an investors portfolio or a first time multifamily buyer.

Multi-Family Active

Price

^$ 750,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,887,200

Style

Year Built

1972

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12681800

Features

General

Year Built 1972

Tenant Pays Air Conditioning Electricity

Stories Count 3

Tax Year 2024

Gross Income 103200

County Cook

Net Operating Income 60801

Operating Expense 44399

Insurance Expense 5225

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 4000

Status New

Directions 147th St to Lamon North to building.

City Midlothian

Number Of Units Total 6

MLS Area Midlothian

Tax Annual Amount 1887200

Electric Expense 406

Fuel Expense 2811

Trash Expense 1023

Water Sewer Expense 4312

Additional Parcels Y/N N

Standard Status Active

Cap Rate 8.1

Exterior

Lot Dimensions 76 x 125

* Excluded Features

List By

Re/Max 10

Broker

jtambroker06@gmail.com

Affordability Calculator

$161,885

Per Month

Monthly Principal & Interest: $4,618
Monthly Property Taxes: $157,267
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Midlothian, IL

Average List Price ^$1,538,980

Percent of Sale Price 105%

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
6/18/2026	$750,000		Listed Price

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14631 S Lamon Avenue, Midlothian, IL, 60445 is a Multi-Family Home for sale at $750,000. 14631 S Lamon Avenue has 2 bedrooms, 0.0 baths, and was built in 1972. 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 6.25% 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.

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 6/21/2026.

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14631 S Lamon Avenue

Multi-Family Home for sale in Midlothian, IL

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