3662 147th St Midlothian, IL 60445-3597
Property profile & analytics
3662 147th St Midlothian, IL 60445-3597
- Residential income homes
- 3,600 SF
- 0.09 lot acres
Property ID
US28-2784208
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Greene's Floral & Balloon Shop / (Bike/Boat/Book/etc) Store / Florist
- Greene's Floral & Balloon / (Bike/Boat/Book/etc) Store
Property Details for 3662 147th St
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 3,600 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 28-11-127-017
- APU
- 2811127017
Description
This exceptional 3,600 square foot mixed-use brick building presents a lucrative investment opportunity in Midlothian, IL, located at 3662 W 147th Street. The property offers significant flexibility for owner-occupancy or purely rental income. The upper level boasts a spacious 1,800 square foot apartment, ideal for residential use. This deluxe apartment features an open floor plan, high-quality wood laminate flooring, three large bedrooms, a kitchen with an island, a modern bathroom, and washer/dryer hookups. The ground floor comprises a 1,800 square foot commercial storefront, complete with custom-built shelving and a dedicated office space. Eight tandem parking spaces are conveniently located on the property. The building is further enhanced by a state-of-the-art fire and police system, ensuring both safety and peace of mind. The property is priced at $289,000, and the seller is offering assistance with buyer closing costs. This presents a rare chance to acquire a versatile property with strong income potential in a desirable location. The property's layout allows for multiple income streams, whether through owner-occupancy and rental of the commercial space, or by renting both the apartment and storefront separately. Easy to show.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Cook
- State
- Illinois
- Longitude
- -87.7104
- Latitude
- 41.6259
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,907
$1,125
$30,602
$31,727
-
$11,250
$306,020
$317,270
