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4039 147th Street Midlothian, IL 60445

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For Sale
$459,900

Updated mixed-use building with vacant land in Midlothian.

Type:Commercial/Industrial
Property size:
2,850 SF
Added:
Mar 24, 2026
Days on Market:
11
Last Refresh:
Feb 10 at 6:52 pm

Property Features for 4039 147th Street

General Information

Standard status
Active
Size
2,850 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1988

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Listing Contact
Rima Odeh
Rima Odeh

Listing agent Rima Odeh License #475102798

Listing office Better Homes & Gardens Real Estate

Listing date Mar 24, 2026

Source Exitrealty

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 Better Homes & Gardens Real Estate


Overview

Updated Mixed-Use Building and Land

This mixed-use commercial brick building and corner vacant land are located in the heart of the Midlothian business district. The property has been updated from A-Z. The building is fully leased and consists of a spacious hair salon with two bathrooms and an apartment unit in the back, with 15 parking spaces. The corner vacant lot has frontage of 147 feet on 147th Street and great exposure on high traffic. The lot is suitable for a national tenant, such as Starbucks or Dunkin Donuts. The salon area has the potential for a second studio apartment unit for future added income. Updates include new tuck pointing and new water heaters. The legal address is 4039-4041 & 4031-4037 W 147th Street. The property includes multiple PIN numbers: 2810403004, 2810403005, 2810403006, and 2810403007. The property has undergone over $100,000 of updates. The property generates income and offers an opportunity to build and develop the lot. An extra $300 a month is received for parking on the vacant lot. The property is in a TIF district. The property size is 2850 square feet.
Location Intelligence

Current Use by Public Records

The Mane Event hair ... Hair Salon H&E hair and beauty ... Hair Salon Hairdot.Com Salon Hair Salon

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Midlothian
County
Cook
State
Illinois
Longitude
-87.7194221
Latitude
41.6252926

FAQs

What type of property is this?
Mixed-use property - Updated mixed-use building with vacant land in Midlothian.
Where is this mixed-use property located?
The property is located at 4039 147th Street Midlothian, IL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Fully leased, income‑producing mixed‑use building with additional income from parking.; Corner vacant lot with high traffic exposure on 147th Street, suitable for development (e.g., national tenant).; Located in the heart of the Midlothian business district.
More about this property
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