3625 147th Street new

Midlothian,IL 60445

$ 4095000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12447583

Year Built 1970

Annual Tax Amount $82,877

Tax Year 2023

Lot Dimensions 30 X 77

Property Sub-Type Multi Family 5+

Property Description

ATTENTION: THIS IS A PORTFOLIO SALE OF ALL SIX IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 3625 147TH ST, 3626 147TH PL, 3632 147TH Pl, 3635 147TH St, 3638 147TH PL, 3646 147TH PL IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off 147th Street in Midlothian, IL. The offering consists of 6 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.

Location

State IL

County Cook

Interior

Fireplace N

Exterior

View Y/N true

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