3546 147th Street Midlothian, IL ^$ 649,900

3546 147th Street

^$ 649,900

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3546 147th Street

Midlothian, IL, 60445

^$ 649,900

Bedrooms1 Baths0.0

Monthly Estimate*

^$ 4,540

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Multi-Family Home for sale in Midlothian, IL

for $649,900 with 1 bedroom. This home was built in 1965.

Incredible opportunity to own this fully leased Midlothian 8-unit building consisting of oversized one bed/one bath apartments. Recently installed brand new 2023 boiler! Tankless water heaters installed in each unit and paid for by tenants. Double sized lot with abundant parking and outdoor space. Building currently bringing in $7,500 a month in revenue with the ability to increase to $8,500 without additional investment through upcoming lease renewals. Being offered at a near 9 CAP pro forma with professional management in place that can either be continued or cancelled upon purchase. Reach out to listing agent for full rent roll and expense breakdown.

Multi-Family Active

Price

^$ 649,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 17,675

Style

Multi-Family

Year Built

1965

Town/City

Midlothian

County/Region

Cook

MLS | Web ID

12031659

Features

General

Cooling Wall Sleeve

Roof Composition

Zoning MULTI

Association Fee Includes None

Construction Materials Brick

Year Built 1965

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Hot Water

Stories 2

Township Bremen

Tax Year 2022

Current Use Multi-Family

Gross Income 102000

County Cook

Net Operating Income 56293

Operating Expense 44507

Insurance Expense 5000

Property Type Commercial Sale Multi Family 5+

Status Active

Directions EAST OF PULASKI ON 147TH- 3BLKS EAST OF TRACKS between Central Park and Clifton Park

City Midlothian

Total Units 8

MLS Area Midlothian

Lot Size Square Feet 0

Street Name 147th

Tax Annual Amount 17675

Electric Expense 880

Fuel Expense 2525

Trash Expense 2800

Water Sewer Expense 2742

Additional Parcels Y/N N

Days on Market 5

Standard Status Active

Interior

Total Fireplaces 0

Street Suffix Street

Basement Unfinished

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 60X118

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

Westward 360

Broker

alanc@westward360.com

Affordability Calculator

$6,013

Per Month

Monthly Principal & Interest: $4,540
Monthly Property Taxes: $1,473
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Midlothian, IL

Average List Price ^$622,450

Percent of Sale Price 4%

About Midlothian, IL

13,854 Population

-1% Since 2002

^$63,413 Median Income

37.17 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$649,900		Listed Price

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3546 147th Street, Midlothian, IL, 60445 is a Multi-Family Home for sale at $649,900. 3546 147th Street has 1 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 60445 which is in Midlothian, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/15/2024.

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3546 147th Street

Multi-Family Home for sale in Midlothian, IL

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