3631 147th St - Apartments FOR SALE


Midlothian, IL 60445
$625,000 USD
312-361-1647
3631 147th St, Midlothian, IL for Sale
$625,000 USD
Apartments - FOR SALE
1/9
null | 7.73% Cap Rate

3631 147th St
Midlothian, IL 60445


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Desirable Brick Construction
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 3631 147th Street in Midlothian, IL (the “Property”). The three-story brick building contains five (5) 2-Bedroom/1-Bathroom units and one (1) 1-Bedroom/1- Bathroom unit with 5,000 square feet of gross living area in 6,000 square feet of gross area. The Property is situated upon a 0.15-acre parcel and features six (6) off-street parking spaces. 3631 147th Street is well-positioned in Midlothian, offering convenient access to the village’s central business district, neighborhood retail corridors, and surrounding residential communities. The Property benefits from proximity to major regional routes including Cicero Avenue (Illinois Route 50), Interstate 294, and Interstate 57, providing efficient connectivity throughout Chicago’s south suburbs and the broader Chicagoland region.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

6

PRICE/UNIT

$104,167

CAP RATE

7.73%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

6

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

Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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