Midlothian, IL 60445 3546 147th Street
$649,900
14 more
Presented By: Westward 360
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 1
Home Details
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.
Presented By: Westward 360
Interior Features for 3546 147th Street
Other Interior Features
BasementUnfinished
Street SuffixStreet
Total Fireplaces
General for 3546 147th Street
Additional Parcels Y/NNo
Association Fee IncludesNone
CityMidlothian
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWall Sleeve
CountyCook
Current UseMulti-Family
Days on Market21
DirectionsEAST OF PULASKI ON 147TH- 3BLKS EAST OF TRACKS, between Central Park and Clifton Park
ElectricCircuit Breakers
Electric Expense880
Fuel Expense2525
Gross Income102000
Insurance Expense5000
Lot Size Square Feet
MLS AreaMidlothian
MaintenanceExpense5040
Net Operating Income56293
NumberOfUnitsTotal8
Operating Expense44507
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories2
Street Name147th
Tax Annual Amount17675
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Hot Water
TownshipBremen
Trash Expense2800
Water Sewer Expense2742
Year Built1965
ZoningMULTI
Exterior for 3546 147th Street
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions60X118
Additional Details
Price History
