$660,000

3631 147th St Midlothian, IL 60445

Estimated payment $4,711/month

Total Views 3,337
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Steven Korosic

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,002

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (708) 518-1757
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Manager Expense: 5796

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 6000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6528
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 51600
  • Fuel Expense: 7200
  • Insurance Expense: 6800
  • ElectricExpense: 600
  • GrossIncome: 7300
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 42900
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14002
  • Tax Year: 2023

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 $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
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
06/10/2026 06/10/26 For Sale $660,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12673439

Midwest Real Estate Data (MRED)
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