Skip to content

3905-3923 W 147th StreetMidlothian, IL 60445

Cook County

$670,000List price
7,528Sq Ft
1955Year built
0.43Acre lot
4 weeks agoOn market

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.

Property Information

Property type
Commercial Sale
Sub-type
Mixed Use
Year built
1955
Building area
7,528 Sq Ft
Lot size
0.43 acres
Lot dimensions
180x100
Zoning
COMMR
Days on market
28
MLS® Listing#
12753737

Property Features

Flooring
Tile · Varies · Vinyl
Construction
Brick
Foundation
Concrete Perimeter
Roof
Rubber
Utilities
Natural Gas Available · Sewer Connected · Water Available

Financial Details

Annual taxes
$29,368Tax year 2025
Parcel number
28113000120000

Directions

W 147th St between Cicero Ave and Pulaski Rd. Located on the south side of 147th St. Highly visible commercial corridor.

Midwest Real Estate Data logo

Listing Courtesy: Keller Williams Preferred Rlty - 7087981111

Based on information submitted to the MLS GRID as of 2026-09-11T00:00:00.000Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-09-11T00:00:00.000Z

Connect with a Local Real Estate Expert