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    4031 147Th St Midlothian, IL 60445

    For Sale
    $129,000

    Land - Midlothian, IL

    Days on Market:
    131
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 4031 147Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    28104030060000

    Building Details

    Architectural style
    Other

    Better Homes and Gardens Real Estate Connections (708) 295-6619 [email protected]

    Listing agent Rima Odeh (708) 859-0909 License #475102798

    Listing date Aug 5, 2025

    MLS# 12129073 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Corner Lot on 147th

    This prime commercial corner lot is situated on busy 147th Street, benefiting from heavy traffic in the heart of the Midlothian business district. The property, located within a TIF District, features over 73 square feet of frontage on 147th Street. It presents excellent development opportunities for various ventures, including a coffee shop, storefront, mixed-use property, or drive-through fast food restaurant. The property includes two PIN numbers: 2810403007. Additionally, a mixed-use building is available for sale, with a combined asking price of $510,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Cook
    State
    Illinois
    Longitude
    -87.719168
    Latitude
    41.625236

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in Midlothian business district with development opportunities.
    Where is this commercial land located?
    The property is located at 4031 147Th St Midlothian, IL.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Prime commercial corner lot on busy 147th Street.; - High traffic count in the heart of Midlothian business district.; - Located in a TIF District.
    (708) 859-0909
    Request Owner's contact information
    4031 147Th St Midlothian, IL 60445
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    Midlothian, IL 60445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4031 147Th St Midlothian, IL 60445
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