3546 147th Street, Midlothian, IL 60445

Commercial Property
Built in 1967
—— sqft lot
—— car garage
$——/sqft
Listed 21 days ago

Property Description

Investor opportunity in the thriving south suburban village of Midlothian! This fully occupied 8-unit California-style multifamily property offers strong in-place income with immediate value-add potential. Each unit is separately metered, and tenants pay their own electric, keeping operating expenses low. The building features individual electric tankless water heaters in every unit, providing efficiency and convenience. A major system upgrade was completed with the boiler replaced in 2023, offering peace of mind for years to come. This is a solid opportunity to add value through rent increases and potential cosmetic updates. Conveniently located near transportation, retail, and local amenities, this is a smart addition to any multifamily portfolio.

Listing Status:: Pending
Listing Office:: HRE Real Estate Services : 773-972-3690
Listing Agent:: Chris Williams : 773-972-3690
MLS ID:: 12466708

Basement: Exterior Entry
A/C: Wall Sleeve

Originating MLS: mred
County: Cook

Zoning: MULTI28112230270000

Source: mred

This listing courtesy of Chris Williams, HRE Real Estate Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Spaulding School

14811 Turner Ave, Midlothian, IL, 60445

Grades PK-3

0.37 miles away

Central Park Elementary School

3621 151st St, Midlothian, IL, 60445

Grades PK-8

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.