3923-3905-3923 147 Th St, Midlothian, IL

Name: 3923 - 3905-3923 147 Th St, For Sale in Midlothian - Zoocasa
Brand: Keller Williams Preferred Rlty
SKU: 12753737
Price: 670000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$670,000

000

MLS® 12753737

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 7528 sqft

Garage No

Maintenance Fees

Taxes $29,368

Days Active 10

Approx. Age 1955

Avg. Price Per Sqft $89

MLS® Number 12753737

Property Address: 3923-3905-3923 147th St, Midlothian, IL, 60445-3405

Average square foot calculated using Size range provided by listing agent.

Description

Excellent mixed-use investment opportunity in Midlothian! This well maintained building 7, 528-square-foot property offers a versatile combination of four ground-floor commercial units and one spacious 2-bedroom, 1-bath residential apartment, creating multiple income streams within one property. The building is currently fully occupied, with a gross rental income of $94, 800 annually, offering immediate income potential for the next owner. The commercial spaces include one approximately 2, 690-square-foot unit and three approximately 1, 090-square-foot units, while the second-floor residential unit offers approximately 1, 500 square feet of living space. Current tenants include established commercial occupants with leases extending through 2028 and 2029, providing a strong mix of lease terms. Additional features include on-site parking, street parking, individual furnaces, central air conditioning for all units, and separate electrical service for each unit. Tenants are responsible for their in-unit electric, heat, and cooking gas, while the landlord covers common-area electricity, water, sewer, and trash removal. With its combination of commercial and residential income, established tenancy, and flexible mixed-use layout, this property offers a great opportunity for an investor or owner-user looking to add a multi-tenant asset to their portfolio.

MLS® Number12753737

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1955

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/CCentral Individual

Extras

Map

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