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    Crestwood, IL
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    Crestwood, IL Mixed-use Properties for Sale

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    Updated Mixed-Use Building in Midlothian
    Updated: May 27, 2024
    Updated Mixed-Use Building in Midlothian

    4039 147th St, Midlothian, IL 60445

    $459,900
    2,850 sqft
    Fully leased mixed‑use commercial brick building in the heart of the Midlothian business district.
    Includes a spacious hair salon with two bathrooms and an apartment unit.
    Potential for a second studio apartment unit in the salon area for added income.
    Features 7 parking spaces.
    Recently updated from A‑Z with new tuckpoint and new water heaters.
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    This listing looks promising.

    Here's a quick look at some key insights for

    4039 147th St, Midlothian, IL 60445

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $565K
      Above asking

    • Property Type

      Miscellaneous (Residential)
      Built 1988
    View Property Analytics
    Updated Mixed-Use Building and Land
    Updated: Mar 25
    Updated Mixed-Use Building and Land

    4039 147th Street, Midlothian, IL 60445

    $439,900
    0.37 AC lot
    Fully leased, income‑producing mixed‑use building with additional vacant lot.
    Located in the heart of the Midlothian business district with high traffic exposure.
    Vacant corner lot suitable for development by a national tenant (Starbucks, Dunkin Donuts, etc.).
    Over $100,000 in recent updates, including new tuck pointing and water heaters.
    Includes a spacious hair salon, apartment unit, and 15 parking spaces.
    View details
    Updated Mixed-Use Building in Midlothian
    Updated Mixed-Use Building in Midlothian

    4039 147th Street, Midlothian, IL 60445

    $319,900
    0.37 AC lot

    Updated mixed-use building in the heart of Midlothian business district.

    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Crestwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercially Zoned Mixed-Use Property
    Commercially Zoned Mixed-Use Property

    12522 Western Avenue, Blue Island, IL 60406

    $425,000
    2,882 sqft

    Mixed-use property with retail space, office, and apartment.

    View details
    COMMERCIAL - Blue Island, IL
    COMMERCIAL - Blue Island, IL

    13341 Olde Western Ave, Blue Island, IL 60406

    $375,000
    0.15 AC lot

    Two-story building with retail, apartment, lot, and income.

    View details
    Mixed-Use Building in Mount Greenwood
    Mixed-Use Building in Mount Greenwood

    11114 S KEDZIE Avenue, Chicago, Chicago, IL 60655

    $699,900

    Mixed-use property with retail, apartments, and vacant lot.

    View details
    Mixed-Use Investment Property on Western
    Mixed-Use Investment Property on Western

    10835 S Western Avenue, Chicago, IL 60643

    $649,900

    Mixed-use property with residential units and versatile commercial space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Corner Lot in Midlothian
    Commercial Corner Lot in Midlothian

    4031 147th Street, Midlothian, IL 60445

    $119,900

    Prime commercial land in a high-traffic business district.

    View details
    Land in Homewood, Illinois
    Land in Homewood, Illinois

    19020 Kedzie Avenue, Homewood, IL 60430

    $690,000
    2.00 AC lot

    Two acre commercial land parcel in Homewood, Illinois.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    View details
    Homer Glen Development Opportunity
    Homer Glen Development Opportunity

    12649 W 159th Street, Homer Glen, IL 60491

    $2,149,900
    16.05 AC lot

    16-acre parcel in growing corridor, flexible zoning.

    View details

    Off-Market Properties in Crestwood, IL

    Consider similar Off-Market properties in Crestwood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4039 147Th St
    Restaurants

    4039 147Th St, Midlothian, IL 60445

    Value Estimation by Request
    2,850 sqft 16,170.00 AC lot
    View details
    4039 147Th St
    Mixed-use properties

    4039 147Th St, Midlothian, IL 60445

    Value Estimation by Request
    2,850 sqft
    View details
    4039 147Th St
    Individual retail properties

    4039 147Th St, Midlothian, IL 60445

    Value Estimation by Request
    2,850 sqft
    View details

    Crestwood, IL Mixed-Use Properties Market Trends and Statistics

    Explore 6 mixed-use properties for sale in Crestwood, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,850 square feet of properties for sale, with an estimated market value of $459,900.

    Sale prices for multi use buildings in Crestwood, IL start at $459,900, averaging $459,900, and reaching up to $459,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 25K
    Population Growth (5Y) -44.3%
    Median Household Income $68,746
    College Educated 28.3%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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