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sales rep | Brivity IDX

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3905-3923 W 147th St , Midlothian, IL 60445
$670,000
Est. Payment: $3,594.87/mo
7528 Sqft
0.43 Acres
Status: active | Days on site: 7
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61080 - 257215,703753
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House 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.

Highlights

Listed by Christina Barbaro , 708-214-2445 and Anthony Meier , (708) 932-9522 Keller Williams Preferred Rlty , 708-798-1111. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.43

Year Built

1955

County

Cook

Area

Midlothian

Listing ID

12753737

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Interior Features

Air Cond:Central Individual
Fireplaces:
Floor:Tile,Varies,Vinyl
Water:Municipal Water

Exterior Features

Lot Dimensions:180x100
Zoning:COMMR
Roof:Rubber
Parking Features:19-30 Spaces,Lighted,Paved,Private Lot,Parking On-Site,Parking-Street
Principal Interest
$3,595
Taxes
$2,447

Home Price

$670,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$134,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,594.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,594.87 $2,447.36 $0.00 $6,042.23
Yearly $43,138.39 $29,368.34 $0.00 $72,506.73
Total $1,294,151.68 $881,050.20 $0.00 $2,175,201.88
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Midlothian, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T00:56:05.000Z

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