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Listing provided courtesy of Real Realty IncMREDas Distributed by MLSGrid- MLS# 12447583MLS Provider

3625 147th StreetMidlothian, IL 60445

Commercial · 6 Beds
$3,760,000 Active

3625 147th Street Overview

Time on Site:
318 days
Visits:
3

ATTENTION: THIS IS A PORTFOLIO SALE OF ALL SIX IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 3625 147TH ST, 3626 147TH PL, 3632 147TH Pl, 3635 147TH St, 3638 147TH PL, 3646 147TH PL IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off 147th Street in Midlothian, IL. The offering consists of 6 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.

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3625 147th Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 4007
  • Fuel Expense: 28682
  • Gross Income: 549972
  • Gross Scheduled Income: 527107
  • Insurance Expense: 23400
  • Maintenance Expense: 10800
  • Net Operating Income: 292327
  • Operating Expense: 234780
  • Trash Expense: 8905
  • Water Sewer Expense: 11708

Building Information

  • Year Built: 1970

Location/Region

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

Tax Information

  • Tax Annual Amount: $82,877.00
  • Tax Year: 2023

General Information

  • Parcel Number: 28113050280000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 30 X 77

General Information

  • Number Of Units Total: 36

Unit Information

Unit 1 Details

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

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 3

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 12

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 18

Unit 5 Details

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

Unit 6 Details

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

Unit 7 Details

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

3625 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.

3625 147th Street Monthly Cost

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$
$
Jim Luxem Jr
* 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.

3625 147th Street Market Data

Based on the last 30 days in this zip code

$252,042
Average List Price
$211
Average Price per Square Foot
27
Properties Sold
43
Average Days on Market
86
Properties for Sale
Calculations provided by Reliance Network

3625 147th Street History

Date Event Value Agent
3/7/2026Source: MRED Status Change
Active
3/2/2026Source: MRED Status Change
Re-activated
1/7/2026Source: MRED Status Change
Active
1/2/2026Source: MRED Status Change
Re-activated
10/12/2025Source: MRED Status Change
Active
10/7/2025Source: MRED Price Reduction
$3,760,000 -8.2%
10/7/2025Source: MRED Status Change
Price Change
8/20/2025Source: MRED Status Change
Active
8/15/2025Source: MRED Added to Database
August 15, 2025