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Multi-Tenant Mixed-Use Building
New
For Sale
$670,000

3905-3923 W 147th Street, Midlothian, IL 60445

Commercial Sale, Midlothian, IL

Property Size7,528 SF
Lot Size0.43 Acres
Price / SF$89
Days on Market4

Property Features for 3905-3923 W 147th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions W 147th St between Cicero Ave and Pulaski Rd. Located on the south side of 147th St. Highly visible commercial corridor.
Subdivision Midlothian
Standard status Active
APN 28113000120000
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 29368

Utilities

Utilities Water Available
Cooling system Central Air

Amenities

on-site parking
street parking
individual furnaces
central air conditioning
separate electrical service for each unit

Building Details

Year built 1955
Floors in Building 2
Number of units 5
Flooring type Tile, Varies, Vinyl
Building materials Brick
Roof type Rubber
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Christina Barbaro · License #475186007
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 14 at 3:06AM
MLS# 12753737

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.

Built in 1955, this brick mixed-use property combines four ground-floor commercial units with a second-floor two-bedroom, one-bath apartment. The commercial layout includes one approximately 2,690-square-foot unit and three approximately 1,090-square-foot units, while the residence contains approximately 1,500 square feet. All units have individual furnaces and central air conditioning, with separate electrical service for each space. Flooring varies among tile and vinyl, and the building has a rubber roof.

The property occupies 0.43 acres at 3905-3923 W 147th Street in Midlothian, Illinois. On-site and street parking are available. Existing commercial leases extend through 2028 and 2029, and the property is fully occupied. Common-area utilities include water, sewer, trash removal, and electricity.

Key Highlights

  • Four ground‑floor commercial units plus one 2‑bedroom, 1‑bath apartment
  • Commercial units include approximately 2,690 SF and three approximately 1,090 SF spaces
  • Second‑floor residential unit contains approximately 1,500 square feet

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 19%
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 0.1 miles
Extra Space Storage Shops & Services
1,706 visits/mo 0.2 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 - Four commercial units and a two-bedroom apartment provide a combination of business and residential occupancy.
Where is this mixed-use property located?
The property is located at 3905-3923 W 147th Street Midlothian, IL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Four ground‑floor commercial units plus one 2‑bedroom, 1‑bath apartment; Commercial units include approximately 2,690 SF and three approximately 1,090 SF spaces; Second‑floor residential unit contains approximately 1,500 square feet
More about this property
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