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    Midlothian, IL Retail Properties & Spaces 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.
    View details

    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
    Midlothian Car Wash For Sale
    Midlothian Car Wash For Sale

    14510 Pulaski Road, Midlothian, IL 60445

    $429,000
    0.34 AC lot

    Updated car wash facility on a busy traffic corridor.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    NNN Leased Take 5 Oil
    NNN Leased Take 5 Oil

    14701 S Cicero Ave, Midlothian, IL 60445

    $2,500,000
    3,000 sqft

    NNN leased Take 5 Oil investment property for sale.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Midlothian, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Markham Retail Shopping Center For Sale
    Markham Retail Shopping Center For Sale

    3200 W 159th Street, Markham, IL 60428

    $1,050,000
    5,066 sqft

    5,066 SF shopping center on heavily-trafficked Kedzie Avenue.

    View details
    Fully Occupied Retail Shopping Center
    Fully Occupied Retail Shopping Center

    3204 W 159th St, Markham, IL

    Contact for pricing
    5,066 sqft 0.42 AC lot

    5,066 SF retail center on busy Kedzie Avenue.

    View details
    Gas Station Food Mart ForSale
    Gas Station Food Mart ForSale

    15100 Cicero Avenue, Oak Forest, IL 60452

    $499,000

    Gas station with food mart and additional income streams.

    View details
    Strip Mall with Reported Income
    Strip Mall with Reported Income

    15101 S Cicero Ave, Oak Forest, IL 60452

    Contact for pricing

    Strip mall for sale with reported net income of $65,000 per year and a 7% cap rate.

    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
    Commercial Vacant Lot For Sale
    Commercial Vacant Lot For Sale

    14539 Crawford Avenue, Midlothian, IL 60445

    $70,000
    0.22 AC lot

    Prime commercial land in high-traffic area near established businesses.

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    Commercial Lot on Cicero Avenue
    Commercial Lot on Cicero Avenue

    14901 S Cicero Avenue, Oak Forest, IL 60452

    $49,999
    0.45 AC lot

    High-traffic commercial lot with utilities in Oak Forest, Illinois.

    View details
    Commercial Land on Cicero Avenue
    Commercial Land on Cicero Avenue

    14901 S Cicero Avenue, Oak Forest, IL 60452

    $49,999

    Commercial land available on Cicero Avenue in Oak Forest.

    View details

    Off-Market Properties in Midlothian, IL

    Consider similar Off-Market properties in Midlothian, 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.

    3314 147th St
    RETAIL STORES (PERSONAL SERVICES)

    3314 147th St, Midlothian, IL 60445-3612

    $740,000
    Estimated value
    0.09 AC lot
    View details
    14654 Waverly Ave
    AUTO REPAIR, GARAGE

    14654 Waverly Ave, Midlothian, IL 60445-2820

    Value Estimation by Request
    0.14 AC lot
    View details
    14730 Homan Ave
    RESIDENTIAL PARKING GARAGE

    14730 Homan Ave, Midlothian, IL 60445-3617

    Value Estimation by Request
    0.08 AC lot
    View details
    14753 Cicero Ave
    RETAIL STORES (PERSONAL SERVICES)

    14753 Cicero Ave, Midlothian, IL 60445-3172

    $610,000
    Estimated value
    0.69 AC lot
    View details
    4610 147th St
    RETAIL STORES (PERSONAL SERVICES)

    4610 147th St, Midlothian, IL 60445-2596

    Value Estimation by Request
    0.22 AC lot
    View details
    14819 La Crosse Ave
    RESIDENTIAL PARKING GARAGE

    14819 La Crosse Ave, Midlothian, IL 60445

    Value Estimation by Request
    0.14 AC lot
    View details
    3831 147th St
    STORE, RETAIL OUTLET

    3831 147th St, Midlothian, IL 60445-3403

    Value Estimation by Request
    0.14 AC lot
    View details
    14340 Cicero Ave
    RETAIL STORES (PERSONAL SERVICES)

    14340 Cicero Ave, Midlothian, IL 60445-2571

    Value Estimation by Request
    0.81 AC lot
    View details
    4151 147th St
    RETAIL STORES (PERSONAL SERVICES)

    4151 147th St, Midlothian, IL 60445

    Value Estimation by Request
    0.29 AC lot
    View details
    14515 Cicero Ave
    AUTO REPAIR, GARAGE

    14515 Cicero Ave, Midlothian, IL 60445

    Value Estimation by Request
    0.23 AC lot
    View details
    4508 147th St
    RETAIL STORES (PERSONAL SERVICES)

    4508 147th St, Midlothian, IL 60445

    Value Estimation by Request
    0.14 AC lot
    View details
    4510 147th St
    RETAIL STORES (PERSONAL SERVICES)

    4510 147th St, Midlothian, IL 60445

    Value Estimation by Request
    0.10 AC lot
    View details
    14525 Cicero Ave
    AUTO REPAIR, GARAGE

    14525 Cicero Ave, Midlothian, IL 60445-2537

    Value Estimation by Request
    0.20 AC lot
    View details
    4444 147th St
    AUTO REPAIR, GARAGE

    4444 147th St, Midlothian, IL 60445-2644

    $600,000
    Estimated value
    0.96 AC lot
    View details
    3842 147th St
    STORE, RETAIL OUTLET

    3842 147th St, Midlothian, IL 60445

    Value Estimation by Request
    0.09 AC lot
    View details
    3844 147th St
    STORE, RETAIL OUTLET

    3844 147th St, Midlothian, IL 60445-3452

    Value Estimation by Request
    0.09 AC lot
    View details
    3721 147th St
    RETAIL STORES (PERSONAL SERVICES)

    3721 147th St, Midlothian, IL 60445-3503

    Value Estimation by Request
    0.18 AC lot
    View details
    14709 Kolmar Ave
    RETAIL STORES (PERSONAL SERVICES)

    14709 Kolmar Ave, Midlothian, IL 60445-3236

    Value Estimation by Request
    View details
    4521 147th St
    RETAIL STORES (PERSONAL SERVICES)

    4521 147th St, Midlothian, IL 60445

    Value Estimation by Request
    0.24 AC lot
    View details

    Midlothian, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Midlothian, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,850 square feet of properties for sale, with an estimated market value of $2,959,900.

    Sale prices for stores in Midlothian, IL start at $459,900, averaging $1,479,950, and reaching up to $2,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Auto shops 2
    Automotive properties 2
    Shopping centers 2
    Banks 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -44.3%
    Median Household Income $68,385
    College Educated 26.1%

    High-Yield Neighborhoods for Investment

    Identify Midlothian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60445 $554.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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