4039 147th Street, Midlothian, IL 60445 | MLS #12601901 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Infiniti Properties, Inc.MREDas Distributed by MLSGrid- MLS# 12601901MLS Provider

4039 147th StreetMidlothian, IL 60445

Commercial · 2,850 Sq. ft.
$439,900 Active

4039 147th Street Overview

Time on Site:
96 days
Visits:
1

A totally updated from A-Z mixed-use commercial brick building & corner vacant land located in the heart of the Midlothian business district. fully leased, consists of a spacious hair salon with two bathrooms & an apartment unit in the back, with 15 parking spaces. The corner vacant lot with great exposure on high traffic 147th street is great for a national tenant, Starbucks, Dunkin Donuts, etc, Endless possibilities, including a possible second studio apartment unit in the salon area for future added income. new tuck point, new water heaters. multiple PIN numbers included (2810403004, 2810403005, 2810403006, 2810403007), legal address 4039-4041 & 4031-4037 W 147th Street. Over $100,000 of updates were recently done. Great income-producing property plus a great opportunity to build and develop the lot for your own business or for added investment income. An extra $300 a month was received for parking on the vacant lot. 147 feet frontage on busy 147th street. seller is willing to sell the vacant land for separately for $129,900 and the mixed used building for $329,900. THIS PROPERTY IS IN A TIF DISTRICT

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4039 147th Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,850
  • Price/Sq.ft. $154

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 36000
  • Gross Scheduled Income: 39600
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1988

Business Information

  • Current Use: Commercial

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Scavenger

Tax Information

  • Tax Annual Amount: $16,135.00
  • Tax Year: 2022

General Information

  • Parcel Number: 28104030040000
  • Possible Use: Commercial,Office,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2850

General Information

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 147X110
  • Lot Size Square Feet: 16170

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

4039 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.

4039 147th Street Monthly Cost

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* 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.

4039 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

4039 147th Street History

Date Event Value Agent
3/30/2026Source: MRED Status Change
Active
3/30/2026Source: MRED Status Change
Active
3/25/2026Source: MRED Added to Database
March 25, 2026
3/25/2026Source: MRED Added to Database
March 25, 2026