LaShonda Williams
Living Well Realty Co.
(708) 340-6460
69 Total Sales
1 in Midlothian
$525,000 Price
3546 147th St Midlothian, IL 60445
Midlothian Area
8
Beds
8
Baths
--
Sq Ft
1967
Built
About This Home
As of October 2025Investor 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.
Last Agent to Sell the Property
HRE Real Estate Services License #475183224 Listed on: 09/08/2025
Last Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,227
Year Built
- Built in 1967
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Exterior Basement Entry
- Laundry Room
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, hot water
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $1,702
- Fuel Expense $3,312
- Insurance Expense $5,500
- Maintenance Expense $1,480
- Trash Expense $6,786
- Water Sewer Expense $3,630
- Operating Expense $37,137
- Gross Income $95,400
- Net Operating Income $58,263
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2025
Closed on
Oct 31, 2025
Sold by
Bought by
Seller's Agent
Chris Williams
HRE Real Estate Services
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$589,000
Sold Price
$599,000
Premium/Discount to List
$10,000
1.7%
Views
33
Purchase Details
Closed on
Jun 8, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2017
Sold by
Bought by
Purchase Details
Closed on
Aug 12, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.04%
Mortgage Type
Commercial
Purchase Details
Closed on
May 21, 2012
Sold by
Bought by
Purchase Details
Closed on
Apr 19, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
2.42%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midlothian, IL
-
LaShonda Williams
-
John Wanda
John Wanda
Responds QuicklyCentury 21 Circle
(708) 859-7043
93 Total Sales
1 in Midlothian
$204,900 Price
-
Hugo Araujo
Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
159 Total Sales
1 in Midlothian
$430,000 Price
-
Lisa Heenan
Lisa Heenan
New Chapter Real Estate
(708) 726-9611
39 Total Sales
1 in Midlothian
$75,000 Price
-
Rafael Murillo
Rafael Murillo
Compass
(312) 548-3637
114 Total Sales
1 in Midlothian
$177,000 Price
-
Maria Miller
Maria Miller
Better Homes & Gardens Real Estate
(708) 834-7565
295 Total Sales
2 in Midlothian
$220K - $245K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $599,000 | Fidelity National Title Compan | ||
| -- | Pro Title Group Inc | ||
| $580,000 | None Available | ||
| $580,000 | Attorney | ||
| -- | None Available | ||
| $265,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $300,000 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $212,000 |
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 |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $599,000 | +1.7% | -- |
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 09/08/2025 09/08/25 | For Sale | $589,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $1,881 | $16,876 | ||
| 2024 | $1,773 | $16,072 | ||
| 2023 | $1,773 | $35,620 | $7,120 | $28,500 |
| 2022 | $1,711 | $27,030 | $5,400 | $21,630 |
| 2021 | $1,754 | $24,120 | $4,820 | $19,300 |
| 2020 | $1,707 | $23,500 | $4,700 | $18,800 |
| 2019 | $1,675 | $21,710 | $4,340 | $17,370 |
| 2018 | $1,628 | $20,650 | $4,130 | $16,520 |
| 2017 | $1,623 | $20,010 | $4,000 | $16,010 |
| 2016 | $1,595 | $16,950 | $3,390 | $13,560 |
| 2015 | $1,479 | $16,730 | $3,340 | $13,390 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Williams
Seller's Agent in 2025
Chris Williams
HRE Real Estate Services
(708) 220-7613
2 Total Sales
-
I
Buyer's Agent in 2025
Inactive Inactive
Baird Warner
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12466708
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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