3631 147th St Midlothian, IL 60445
Midlothian AreaEstimated payment $4,788/month
About This Home
Fantastic Investment Opportunity with Value-Add Potential! Discover this well-maintained 6-unit all-brick building offering strong cash flow and excellent value-add potential! The property features five occupied 2-bed/1-bath units and one vacant 1-bed/1-bath unit, providing a perfect opportunity for renovations, and owner-occupant option. Tenants enjoy the convenience of rear parking, with additional spaces available in the front, ensuring ample accommodation for all. Situated in a highly desirable area, the building is just minutes from the Metra station, shopping centers, restaurants, and everyday conveniences. This is a prime location with proven income and room to grow-an opportunity you don't want to miss!
Listing Agent
My Casa Realty Corp. Brokerage Phone: (708) 518-1757 License #475189745 Listed on: 06/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,002
Year Built
- Built in 1962
Parking
- 6 to 12 Parking Spaces
Additional Features
- 3-Story Property
- Heating System Uses Gas
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $600
- Fuel Expense $7,200
- Insurance Expense $6,800
- Maintenance Expense $500
- Manager Expense $5,796
- Other Expense $500
- Trash Expense $1,200
- Water Sewer Expense $6,000
- Operating Expense $42,900
- Gross Income $7,300
- Net Operating Income $51,600
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 | $14,002 | $37,000 | $2,285 | $34,715 |
| 2024 | $14,002 | $37,000 | $2,285 | $34,715 |
| 2023 | $15,167 | $37,000 | $2,285 | $34,715 |
| 2022 | $15,167 | $32,282 | $1,958 | $30,324 |
| 2021 | $15,862 | $35,116 | $1,958 | $33,158 |
| 2020 | $15,106 | $35,116 | $1,958 | $33,158 |
| 2019 | $14,339 | $33,013 | $1,795 | $31,218 |
| 2018 | $14,112 | $33,013 | $1,795 | $31,218 |
| 2017 | $13,601 | $33,013 | $1,795 | $31,218 |
| 2016 | $12,511 | $29,161 | $1,632 | $27,529 |
| 2015 | $12,233 | $29,161 | $1,632 | $27,529 |
| 2014 | $11,872 | $29,161 | $1,632 | $27,529 |
| 2013 | $10,969 | $29,985 | $1,632 | $28,353 |
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 |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $660,000 | 0.0% | -- |
| 07/08/2026 07/08/26 | Pending | -- | -- | -- |
| 06/10/2026 06/10/26 | For Sale | $660,000 | -- | -- |
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 |
|---|---|---|---|
| Trustee Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $245,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $196,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12673439
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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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