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Commercial Corner Lot in Midlothian
For Sale
$119,900

4031 147th Street, Midlothian, IL 60445

LAND - Midlothian, IL

Property SizeContact for details
Days on Market139

Property Features for 4031 147th Street

General Information

Property type Land
Property subtype Other
Elementary school district 143
Middle school district 143
High school district 143
Directions Cicero west to 147th to property
Subdivision Midlothian
Standard status Active
APN 28104030060000

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 3408

Utilities

Utilities Natural Gas Available
Listing Agency: Infiniti Properties, Inc.
Listed By: Rima Odeh · License #475102798
Added: Mar 25 Changed: Apr 15 Last Checked: Aug 10 at 10:06PM
MLS# 12601889

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial corner lot is situated on 147th Street in the heart of Midlothian's business district, benefiting from heavy traffic. The property, located within a TIF District, features over 73 square feet of frontage on 147th Street. It offers 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. A mixed-use building is also available for sale.

Key Highlights

  • Prime commercial corner lot on busy 147th Street with heavy traffic.
  • Located in the heart of Midlothian business district.
  • Property is in a TIF District.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Accounting Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 60445, IL

14,692
Population
6,228
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
4.3 sq mi
ZIP Area
3,417
Density / Sq Mi
$68,385
Median Household Income
$46,480
Median Earnings
$1,202
Median Rent
$201,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial land in a high-traffic business district.
Where is this commercial land located?
The property is located at 4031 147th Street Midlothian, IL.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Prime commercial corner lot on busy 147th Street with heavy traffic.; Located in the heart of Midlothian business district.; Property is in a TIF District.
More about this property
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