3631 147th St - Apartments FOR SALE


Midlothian, IL 60445
$660,000 USD
630-303-9154
3631 147th St, Midlothian, IL for Sale
$660,000 USD
Apartments - FOR SALE
1/36
null | 7.82% Cap Rate

3631 147th St
Midlothian, IL 60445


HIGHLIGHTS

  • 100+ Applications Received When Units Become Available

OVERVIEW

Fantastic Investment Opportunity with Value-Add Potential! Discover this well-maintained 6-unit all-brick building offering strong cash flow and excellent value-add potential! The property features five occupied 2-bed/1-bath units and one vacant 1-bed/1-bath unit, providing a perfect opportunity for renovations, and owner-occupant option. Tenants enjoy the convenience of rear parking, with additional spaces available in the front, ensuring ample accommodation for all. Situated in a highly desirable area, the building is just minutes from the Metra station, shopping centers, restaurants, and everyday conveniences. This is a prime location with proven income and room to grow

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

6

PRICE/UNIT

$110,000

CAP RATE

7.82%

% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

28-11-305-025-0000

ASK ABOUT THIS PROPERTY

Matt ReillyFathom Realty Group, Inc.More Info
630-303-9154

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Matt ReillyFathom Realty Group, Inc.More Info
630-303-9154

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.