3546 147th Street, Midlothian, IL

$589,000

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About 3546 147th Street

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.

Features of 3546 147th Street

MLS® # 12466708
Price $589,000
Bathrooms 0.00
Acres 0.00
Year Built 1967
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 3546 147th Street
Area Midlothian
City Midlothian
County Cook
State IL
Zip Code 60445

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Wall Sleeve
Fireplace No
Has Basement Yes
Basement Exterior Entry

Exterior

Exterior Brick

Additional Information

Days on Market 12
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHRE Real Estate Services
Contact Infokenhoubolt@icloud.com

Listing Map

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