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Six-Unit Apartment Building with Balconies
For Sale
Under Contract
$750,000

14631 S Lamon Avenue, Midlothian, IL 60445

MULTI_FAMILY - Midlothian, IL

Property SizeContact for details
Days on Market53

Property Features for 14631 S Lamon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 4, Bathroom 1, Bedroom 10, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 12, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 11, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 5, Bedroom 5, Bedroom 7
Directions 147th St to Lamon, North to building.
Subdivision Midlothian
Standard status Active Under Contract
APN 28092060200000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 18872

Amenities

laundry room
balcony

Building Details

Year built 1972
Floors in Building 3
Number of units 6
Listing Agency: RE/MAX 10 · RE/MAX International
Listed By: James Tammaro · License #475114220
Added: Jun 18 Changed: Aug 1 Last Checked: Aug 9 at 8:06AM
MLS# 12681800

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 six-unit apartment building features six two-bedroom, one-bath units. Each unit includes a balcony.

The property also has a full basement with a laundry room that includes one coin-op washer and one coin-op dryer. The building was constructed in 1972.

Located at 14631 S Lamon Avenue in Midlothian, IL 60445, the property is close to shopping, restaurants, and public transportation. It is also minutes away from I-57 and I-294, supporting tenant convenience for everyday commuting and local access.

Key Highlights

  • Six two‑bedroom, one‑bath units
  • Each unit has a balcony
  • Full basement with laundry room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Food Market

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

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

616
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six two-bedroom, one-bath units with private balconies in a full-basement building near shopping and transportation.
Where is this apartment building located?
The property is located at 14631 S Lamon Avenue Midlothian, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Six two‑bedroom, one‑bath units; Each unit has a balcony; Full basement with laundry room
More about this property
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