4039 147Th St Midlothian, IL 60445
- Medical offices
- 2,850 SF
- 16,170.00 lot acres
Current Use by Public Records
- The Mane Event hair studio / Beauty Salon
- H&E hair and beauty Salon / Beauty Salon
- Hairdot.Com Salon / Beauty Salon
Property Details for 4039 147Th St
- Year built
- 1988
- Lot size
- 16,170.00 lot acres
- Property size
- 2,850 SF
- Property type
- Medical offices
- APN
- 28104030040000
Description
This exceptional mixed-use commercial property, located at 4039 147th St in Midlothian, Illinois (Cook County, zip code 60445), presents a unique investment opportunity. The 2,850 square foot building, constructed in 1988, sits on a substantial 1.617-acre lot (APN 28104030040000) and is zoned for commercial use. Currently fully leased, the property features two units: a spacious hair salon with two bathrooms and a rear apartment unit. Seven parking spaces are available on-site. The building boasts recent upgrades, including a complete renovation, new tuckpointing, and new water heaters. The asking price for the building is $349,900, with a price per square foot of $122.77. The property is a single-story structure and is classified as Retail, Office, and Mixed Use, with subtypes including Restaurant, Executive Office, and Medical Office. A potential second studio apartment could be developed within the salon area, offering future income growth. Note that adjacent vacant land is available for separate purchase ($149,900). This property offers a strong return on investment in a prime Midlothian business district location. The lease type is gross.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Cook
- State
- Illinois
- Longitude
- -87.7193936
- Latitude
- 41.6252635
