Properties

Features
: Central Individual
: Tile , Vinyl , Varies
: Electric to Site , Natural Gas Available , Sewer Connected , Water Available
Address Map
US
IL
Cook
Midlothian
60445
147th
3905-3923
Street
W88° 17' 3.8''
N41° 37' 31.9''
W 147th St between Cicero Ave and Pulaski Rd. Located on the south side of 147th St. Highly visible commercial corridor.
Midlothian
W
COMMR
Additional Information
7528
: Brick
: Commercial
Separate Meters
: Concrete Perimeter
180x100
5
Commercial,Retail
2
: Municipal Water
Keller Williams Preferred Rlty
Christina Barbaro
Financial
29368.34
Listing Information
Anthony Meier
703753
70286
Keller Williams Preferred Rlty
257215
61080
Active
2026-09-17T05:06:06Z
MRED
2026-09-17T05:05:32Z
Property Description

Excellent mixed-use investment opportunity in Midlothian! This well maintained building 7,528-square-foot property offers a versatile combination of four ground-floor commercial units and one spacious 2-bedroom, 1-bath residential apartment, creating multiple income streams within one property. The building is currently fully occupied, with a gross rental income of $94,800 annually, offering immediate income potential for the next owner. The commercial spaces include one approximately 2,690-square-foot unit and three approximately 1,090-square-foot units, while the second-floor residential unit offers approximately 1,500 square feet of living space. Current tenants include established commercial occupants with leases extending through 2028 and 2029, providing a strong mix of lease terms. Additional features include on-site parking, street parking, individual furnaces, central air conditioning for all units, and separate electrical service for each unit. Tenants are responsible for their in-unit electric, heat, and cooking gas, while the landlord covers common-area electricity, water, sewer, and trash removal. With its combination of commercial and residential income, established tenancy, and flexible mixed-use layout, this property offers a great opportunity for an investor or owner-user looking to add a multi-tenant asset to their portfolio.

Commercial Sale For Sale

3905-3923 W 147th Street, Midlothian, Illinois 60445

  • Lot Size: 0.43 Acre
$670,000
Listing ID#12753737
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12753737
Price : $670,000
Year Built : 1955
Lot Size : 0.43 Acre
Listing Status : Active
Property Sub Type : Mixed Use
Roof : Rubber
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