3625 147th St Midlothian, IL 60445
Midlothian AreaEstimated payment $5,057/month
Highlights
- Central Heating
- Baseboard Heating
- 3-minute walk to Midlothian Station
About This Home
Real Realty is pleased to present this singular 6-flat for sale along 147th Street, adjacent to a large self storage facility that dominates the block. This building consists of one - 1-bedroom and five - 2-bedroom units. Each building has a central boiler and central hot water heater. Heat and water are paid by landlord, tenants pay for electrictiy and cooking gas. 3 out of the 6 units in this building are fully renovated, achieving rents at a $250 premium than the non-renovated units. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (14618 Keystone Ave) along with this property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,245
Year Built
- Built in 1962
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 54 x 38
Home Design
- Brick Exterior Construction
- Brick Foundation
- Pitched Roof
Interior Spaces
- 4,600 Sq Ft Home
- 2-Story Property
- Finished Basement
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- The owner pays for sewer, water, gas, heat, scavenger
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $495
- Fuel Expense $4,320
- Insurance Expense $3,737
- Maintenance Expense $6,127
- Trash Expense $1,560
- Water Sewer Expense $2,663
- Operating Expense $30,450
- Gross Income $92,832
- Net Operating Income $53,580
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,245 | $35,000 | $2,285 | $32,715 |
| 2024 | $13,245 | $35,000 | $2,285 | $32,715 |
| 2023 | $13,858 | $35,000 | $2,285 | $32,715 |
| 2022 | $13,858 | $29,496 | $1,958 | $27,538 |
| 2021 | $13,323 | $29,495 | $1,958 | $27,537 |
| 2020 | $12,688 | $29,495 | $1,958 | $27,537 |
| 2019 | $10,506 | $24,189 | $1,795 | $22,394 |
| 2018 | $10,340 | $24,189 | $1,795 | $22,394 |
| 2017 | $9,966 | $24,189 | $1,795 | $22,394 |
| 2016 | $9,142 | $21,309 | $1,632 | $19,677 |
| 2015 | $8,939 | $21,309 | $1,632 | $19,677 |
| 2014 | $9,453 | $23,220 | $1,632 | $21,588 |
| 2013 | $7,948 | $21,727 | $1,632 | $20,095 |
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 | Price Changed | $695,000 | -4.1% | $151 / Sq Ft |
| 04/24/2026 04/24/26 | Price Changed | $725,000 | +1.4% | $158 / Sq Ft |
| 04/22/2026 04/22/26 | For Sale | $715,000 | -- | $155 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12626703
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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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