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Mixed-Use Building with Apartment
New
For Sale
$314,900

3662 147th St, Midlothian, IL 60445

The open commercial area is ready for occupancy, with a three-bedroom residence above.

Property SizeContact for details
Days on Market5

Property Features for 3662 147th St

General Information

Standard status Active
Total Parking Spaces 7

Taxes and HOA fees

Annual Taxes $11,353

Building Details

Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Charles Groebe · License #475091121
Source: Exprealty
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 16 at 2:17PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This mixed-use property pairs an open storefront-style commercial interior with a three-bedroom apartment on the upper level. The commercial space is ready for occupancy, and the apartment received renovations in 2015. An updated fire alarm system is included with the building.

The property is on 147th Street, near the Midlothian Train Station, with Old National Bank and other businesses across the street. Parking accommodates three cars at the front and four at the rear, and the building offers space for signage.

Key Highlights

  • Open storefront‑style commercial area ready for occupancy
  • Three‑bedroom apartment renovated in 2015
  • Parking for 3 cars at the front and 4 at the rear

Property Analytics

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Current Use

Greene's Floral & Balloon ... (Bike/Boat/Book/etc) Store Greene's Floral & Balloon (Bike/Boat/Book/etc) Store

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.

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 19%
McDonald's Dining
23,579 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,624 visits/mo 0.3 miles
Old National Bank Shops & Services
5,683 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,706 visits/mo 0.1 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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The open commercial area is ready for occupancy, with a three-bedroom residence above.
Where is this mixed-use property located?
The property is located at 3662 147th St Midlothian, IL.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Open storefront‑style commercial area ready for occupancy; Three‑bedroom apartment renovated in 2015; Parking for 3 cars at the front and 4 at the rear
More about this property
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