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Six-Unit Brick Apartment Building
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3631 147th Place, Midlothian, IL 60445

A three-story property offers a six-unit layout with off-street parking.

Property Size6,000 SF
Lot Size0.15 Acres
Price / SF$104.17
Days on Market8

Property Features for 3631 147th Place

General Information

Standard status Active
Size 6,000 SF
Total Parking Spaces 6
Lot size 0.15 Acres
Property subtype Multifamily

Units

Unit Mix 5 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6

Additional Details

Highway Access Yes

Building Details

Buildings 1
Stories 3
Construction brick
Listing Agency: Horvath & Tremblay
Listed By: Anthony Spangler · License #IL 475173833
Source: Crexi
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 2:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

This three-story brick apartment building contains six residences: five two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. The building has 5,000 square feet of gross living area within 6,000 square feet of gross area. It sits on a 0.15-acre parcel and includes six off-street parking spaces.

The property is in Midlothian, with access to the village’s central business district, neighborhood retail corridors, and nearby residential communities. Cicero Avenue (Illinois Route 50), Interstate 294, and Interstate 57 provide regional connections across the south suburbs and Chicagoland.

Key Highlights

  • Six residences: five 2‑bedroom/1‑bathroom units and one 1‑bedroom/1‑bathroom unit
  • Three‑story brick construction
  • 5,000 square feet of gross living area and 6,000 square feet of gross area

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

447
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 - A three-story property offers a six-unit layout with off-street parking.
Where is this apartment building located?
The property is located at 3631 147th Place Midlothian, IL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Six residences: five 2‑bedroom/1‑bathroom units and one 1‑bedroom/1‑bathroom unit; Three‑story brick construction; 5,000 square feet of gross living area and 6,000 square feet of gross area
(312) 533-8899 Call to check price and availability
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