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Mixed-Use Brick Building with Land
For Sale
$439,900

4039 147th Street, Midlothian, IL 60445

Commercial Sale, Midlothian, IL

Property SizeContact for details
Lot Size0.37 Acres
Days on Market187

Property Features for 4039 147th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions WEST OF PULASKI & 147TH TO ADDRESS
Subdivision Midlothian
Standard status Active
APN 28104030040000
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 16135

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1988
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: Infiniti Properties, Inc.
Listed By: Rima Odeh · License #475102798
Added: Mar 25 Changed: Sep 12 Last Checked: Sep 27 at 7:06AM
MLS# 12601901

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 mixed-use commercial property combines a brick building with an adjoining corner parcel. The building is fully leased and includes a hair salon with two bathrooms plus an apartment positioned at the rear. The property also provides 15 parking spaces and includes recent building improvements such as tuckpointing and new water heaters. Window-unit cooling is installed, and the structure dates to 1988.

The property includes multiple PINs and is addressed as 4039-4041 and 4031-4037 W 147th Street in Midlothian. The adjoining vacant land offers 147 feet of frontage along W 147th Street and is zoned COMMR. The site is within a TIF district and includes a 0.3712-acre lot, providing a separate land component alongside the leased mixed-use building.

Key Highlights

  • Fully leased mixed‑use brick building with hair salon and rear apartment
  • 15 parking spaces included
  • Adjoining 0.3712‑acre vacant corner lot

Property Analytics

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Current Use

The Mane Event hair ... Hair Salon H&E hair and beauty ... Hair Salon Hairdot.Com Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Furniture & Home Goods 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

473
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 85% Shops & Services 15%
McDonald's Dining
23,579 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,624 visits/mo 0.2 miles
Old National Bank Shops & Services
5,683 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property includes a leased salon, rear apartment, parking, and an adjoining corner lot.
Where is this mixed-use property located?
The property is located at 4039 147th Street Midlothian, IL.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Fully leased mixed‑use brick building with hair salon and rear apartment; 15 parking spaces included; Adjoining 0.3712‑acre vacant corner lot
More about this property
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