3631 147th Street, Midlothian, IL 60445 | MLS #12673439 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of My Casa Realty Corp.MREDas Distributed by MLSGrid- MLS# 12673439MLS Provider

3631 147th StreetMidlothian, IL 60445

Commercial · 3 Beds
$660,000 Active

3631 147th Street Overview

Time on Site:
19 days
Visits:
0

Fantastic Investment Opportunity with Value-Add Potential! Discover this well-maintained 6-unit all-brick building offering strong cash flow and excellent value-add potential! The property features five occupied 2-bed/1-bath units and one vacant 1-bed/1-bath unit, providing a perfect opportunity for renovations, and owner-occupant option. Tenants enjoy the convenience of rear parking, with additional spaces available in the front, ensuring ample accommodation for all. Situated in a highly desirable area, the building is just minutes from the Metra station, shopping centers, restaurants, and everyday conveniences. This is a prime location with proven income and room to grow-an opportunity you don't want to miss!

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3631 147th Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 500
  • Electric Expense: 600
  • Fuel Expense: 7200
  • Gross Income: 7300
  • Gross Scheduled Income: 87600
  • Insurance Expense: 6800
  • Maintenance Expense: 500
  • Net Operating Income: 51600
  • Operating Expense: 42900
  • Trash Expense: 1200
  • Water Sewer Expense: 6000

Building Information

  • Year Built: 1962

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Midlothian

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $14,002.00
  • Tax Year: 2023

General Information

  • Parcel Number: 28113050250000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 6528

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

3631 147th Street Neighborhood

Community

60445 (Midlothian) Demographics

43
Median Age
3,641
Population Density (per sq. mile)
31%
College Educated
$61,286
Estimated Median Income
8,223
Estimated Total Home Owners
2,574
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3631 147th Street Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3631 147th Street Market Data

Based on the last 30 days in this zip code

$252,293
Average List Price
$210
Average Price per Square Foot
25
Properties Sold
43
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

3631 147th Street History

Date Event Value Agent
6/15/2026Source: MRED Status Change
Active
6/10/2026Source: MRED Added to Database
June 10, 2026