3625 147th StreetMidlothian, IL 60445

Description

Real Realty is pleased to present this singular 6-flat for sale along 147th Street, adjacent to a large self storage facility that dominates the block. This building consists of one - 1-bedroom and five - 2-bedroom units. Each building has a central boiler and central hot water heater. Heat and water are paid by landlord, tenants pay for electrictiy and cooking gas. 3 out of the 6 units in this building are fully renovated, achieving rents at a $250 premium than the non-renovated units. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (14618 Keystone Ave) along with this property.

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1962

Stories

2

Building area

4,600 Sq Ft

Lot size

0.15 acres

Lot dimensions

54 X 38

Zoning

MULTI

Days on market

191

MLS^® Listing#

12626703

Property Features

Basement

Finished

Construction

Brick

Foundation

Brick/Mortar

Financial Details

Annual taxes

$13,245Tax year 2024

Parcel number

28113050280000

Directions

Off I-294 take Exit 8 into 147th Street. Keep going straight until you come across the Extra Space Self Storage facility followed by an array of small mutlifamily buildings. The building labeled with the number 3625 is what you're looking for, you can't miss it.