14618 Keystone Ave Midlothian, IL 60445
Estimated payment $13,792/month
About This Home
ATTENTION: THIS IS A PORTFOLIO SALE OF ALL THREE IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 14618 KEYSTONE AVE, 14619 KEYSTONE AVE, AND 14643 KEYSTONE AVE IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off Keystone Avenue in Midlothian, IL. The offering consists of 3 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $44,747
Year Built
- Built in 1970
Lot Details
- Lot Dimensions are 30 x 80
- Additional Parcels
Additional Features
- 2-Story Property
- Baseboard Heating
Community Details
Overview
- 18 Units
Building Details
- Electric Expense $2,004
- Fuel Expense $14,341
- Insurance Expense $11,700
- Maintenance Expense $5,400
- Trash Expense $4,453
- Water Sewer Expense $5,854
- Operating Expense $120,563
- Gross Income $272,556
- Net Operating Income $140,682
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $1,885,000 | 0.0% | -- |
| 02/28/2026 02/28/26 | Off Market | $1,885,000 | -- | -- |
| 01/02/2026 01/02/26 | For Sale | $1,885,000 | 0.0% | -- |
| 12/31/2025 12/31/25 | Off Market | $1,885,000 | -- | -- |
| 10/07/2025 10/07/25 | Price Changed | $1,885,000 | -6.9% | -- |
| 08/15/2025 08/15/25 | For Sale | $2,025,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12447671
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.