3662 147th St Midlothian, IL 60445-3597

Property Details for 3662 147th St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.09 lot acres

Property size

3,600 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

28-11-127-017

APU

2811127017

Description

This exceptional 3,600 square foot mixed-use brick building presents a lucrative investment opportunity in Midlothian, IL, located at 3662 W 147th Street. The property offers significant flexibility for owner-occupancy or purely rental income. The upper level boasts a spacious 1,800 square foot apartment, ideal for residential use. This deluxe apartment features an open floor plan, high-quality wood laminate flooring, three large bedrooms, a kitchen with an island, a modern bathroom, and washer/dryer hookups. The ground floor comprises a 1,800 square foot commercial storefront, complete with custom-built shelving and a dedicated office space. Eight tandem parking spaces are conveniently located on the property. The building is further enhanced by a state-of-the-art fire and police system, ensuring both safety and peace of mind. The property is priced at $289,000, and the seller is offering assistance with buyer closing costs. This presents a rare chance to acquire a versatile property with strong income potential in a desirable location. The property's layout allows for multiple income streams, whether through owner-occupancy and rental of the commercial space, or by renting both the apartment and storefront separately. Easy to show.

Location Insight

City

Midlothian

County

Cook

State

Illinois

Longitude

-87.7104

Latitude

41.6259

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments