Investor opportunity in the thriving south suburban village of
Midlothian! This fully occupied 8-unit California-style multifamily
property offers strong in-place income with immediate value-add
potential.
Each unit is separately metered, and tenants pay their own electric,
keeping operating expenses low. The building features individual
electric tankless water heaters in every unit, providing efficiency and
convenience. A major system upgrade was completed with the
boiler replaced in 2023, offering peace of mind for years to come.
This is a solid opportunity to add value through rent increases and
potential cosmetic updates. Conveniently located near
transportation, retail, and local amenities, this is a smart addition to
any multifamily portfolio.
Situated in the heart of Midlothian, 3546 147th St offers a strategic
location in Chicago's south suburbs with convenient access to
major roadways, public transportation, and everyday essentials.
Just minutes from I-294, the property provides an easy commute to
downtown Chicago and surrounding suburbs. The Midlothian Metra
Station is less than a mile away, offering a quick and reliable option
for commuters.
The area is a mix of residential charm and commercial
convenience, with nearby shopping centers, restaurants, schools,
parks, and essential services all within close reach. Located on a
well-traveled street with visibility and accessibility, this location is
ideal for tenants seeking a central and connected community.