$695,000

14618 Keystone Ave Midlothian, IL 60445

Midlothian Area

Estimated payment $5,341/month

-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Real Realty is pleased to present for sale 3625 147th St in Midlothian, IL. This property contains (5) two bedroom-one baths along with (1) one bedroom-one bath. Three of the apartments are fully rehabed, while the remaining three provide substantial upside in rent premiums of $200+ per unit post renovation. Mostly copper plumbing throughout the building along with a Weil-Mclain tankless boiler to save on gas. This is an opportunity for an investor to purchase these properties and continue to improve units to fuirther maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (3625 147th St) along with this property.

Listing Agent

Alen Redzic

Real Realty Inc License #471016580 Listed on: 06/30/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,652

Year Built

  • Built in 1963

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 77 x 30

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Listing and Financial Details

  • The owner pays for sewer, water, gas, heat, scavenger

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $973
  • Fuel Expense $3,551
  • Insurance Expense $3,737
  • Maintenance Expense $6,127
  • Trash Expense $1,560
  • Water Sewer Expense $3,911
  • Operating Expense $39,040
  • Gross Income $96,108
  • Net Operating Income $61,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,652

Year Built

Built in 1963

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Standard Status: Active
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • OwnerPays: Sewer, Water, Gas, Heat, Scavenger
  • Fireplaces: 3
  • Number of Washers: 3
  • Room: 0

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Central Bldg Heat,Hot Water,Baseboard

Fee Information

  • Trash Expense: 1560
  • Water Sewer Expenses: 3911

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 77 X 30
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 61238
  • Fuel Expense: 3551
  • Insurance Expense: 3737
  • ElectricExpense: 973
  • GrossIncome: 96108
  • Maintenance Expense: 6127
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 39040
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16652
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,652 $42,000 $2,680 $39,320
2024 $16,652 $42,000 $2,680 $39,320
2023 $17,856 $44,000 $2,680 $41,320
2022 $17,856 $38,005 $2,345 $35,660
2021 $17,167 $38,005 $2,345 $35,660
2020 $16,348 $38,005 $2,345 $35,660
2019 $17,231 $39,673 $2,177 $37,496
2018 $16,959 $39,673 $2,177 $37,496
2017 $16,345 $39,673 $2,177 $37,496
2016 $14,235 $33,179 $1,842 $31,337
2015 $13,918 $33,179 $1,842 $31,337
2014 $15,052 $36,974 $1,842 $35,132
2013 $12,093 $33,056 $1,842 $31,214
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2026 06/30/26 For Sale $695,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $368,000 Ticor Title Ins Co 2002
Warranty Deed $325,000 --
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed $222,000 --
Joint Tenancy Deed -- Intercounty Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $4,210,000 New Conventional
Closed $4,000,000 New Conventional
Closed $3,700,000 New Conventional
Previous Owner $294,000 Commercial
Previous Owner $487,500 Commercial
Previous Owner $192,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12692182

Midwest Real Estate Data (MRED)
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