$4,095,000

3625 147th St Midlothian, IL 60445

Estimated payment $29,218/month

Total Views 296
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

ATTENTION: THIS IS A PORTFOLIO SALE OF ALL SIX IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 3625 147TH ST, 3626 147TH PL, 3632 147TH Pl, 3635 147TH St, 3638 147TH PL, 3646 147TH PL IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off 147th Street in Midlothian, IL. The offering consists of 6 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.

Listing Agent

Alen Redzic

Real Realty Inc License #471016580 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $82,877

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 30 x 77
  • Additional Parcels

Additional Features

  • 2-Story Property
  • Baseboard Heating

Community Details

Overview

  • 36 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 $234,168
  • Gross Income $553,188
  • Net Operating Income $296,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$82,877

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 7
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 4095000

Utilities

  • Heat/Ventilation: Baseboard

Fee Information

  • Trash Expense: 4453
  • Water Sewer Expenses: 5854
  • Janitor Expense: 5400

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 30 X 77

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 296014
  • Fuel Expense: 14341
  • Insurance Expense: 11700
  • ElectricExpense: 2004
  • GrossIncome: 553188
  • Maintenance Expense: 5400
  • NumberOfUnitsTotal: 36
  • OperatingExpense: 234168
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 82877
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $4,095,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12447583

Midwest Real Estate Data (MRED)