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$725,000

Est. Mortgage  $1,791/mo

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3642 147th Place Midlothian, IL 60445

Local Information

Commercial Sale

Built in 1963

Lot size not available

$-- HOA

$--/sqft

Description

This solid brick 6-unit multifamily property presents a turnkey investment opportunity with meaningful capital improvements already completed. Units have been updated with new flooring, modern appliances, upgraded plumbing, and breaker electrical panels, reducing immediate maintenance needs while enhancing tenant appeal. The building's major systems provide stability for long-term ownership, including a roof with shingles replaced approximately 10 years ago and a boiler system in serviceable condition. The property's durable brick construction and updated interiors position it well for continued rental demand and future rent growth. With strong in-place upgrades, reliable mechanicals, and a low-maintenance exterior, this asset offers investors a balanced combination of current cash flow and long-term durability in a stable Midlothian rental market.

Home Highlights

  • Exterior: Brick

No interior room details available.

  • Construction Material: Brick
  • Lot Size: 50X120

Property Type
  • Commercial Sale
Year Built
  • 1963
Lot Size
  • 50X120
Tax Year
  • 2023
Tax Amount
  • $13,961.00
HOA Fee
  • $0.00
Listing Status
  • Active
Listing Contract Date
  • March 16, 2026

Association Fee
  • $0.00
County
  • Cook
Community Type
  • Commercial Sale
Lot Size
  • 50X120

Original Listing Price
  • $725,000.00
Current Listing Price
  • $725,000.00
Listing Status
  • Active
Listing Contract Date
  • March 16, 2026
Tax Year
  • 2023
Tax Amount
  • $13,961.00
Property PIN
  • 28113050220000
MLS ID
  • 12593096
Listing Office MLS ID
  • 268012

Price History for 3642 147th Place Midlothian, IL 60445

Date Price Event Source
No price history available for this property.

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Property Taxes and Assessment

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