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0 Beds
7,528 sqft

$670,000

3905-3923 W 147th Street, Midlothian IL, 60445

Price per sqft$89.00
Built in1955
Property size7,528 sqft
Property typeOther
Listed by Christina Barbaro with Keller Williams Preferred Rlty 708-214-2445

Overview

Active

Listed Sep 11, 2026

Updated 3 weeks ago

Excellent mixed-use investment opportunity in Midlothian! This well maintained building 7,528-square-foot property offers a versatile combination of four ground-floor commercial units and one spacious 2-bedroom, 1-bath residential apartment, creating multiple income streams within one property. The building is currently fully occupied, with a gross rental income of $94,800 annually, offering immediate income potential for the next owner. The commercial spaces include one approximately 2,690-square-foot unit and three approximately 1,090-square-foot units, while the second-floor residential unit offers approximately 1,500 square feet of living space. Current tenants include established commercial occupants with leases extending through 2028 and 2029, providing a strong mix of lease terms. Additional features include on-site parking, street parking, individual furnaces, central air conditioning for all units, and separate electrical service for each unit. Tenants are responsible for their in-unit electric, heat, and cooking gas, while the landlord covers common-area electricity, water, sewer, and trash removal. With its combination of commercial and residential income, established tenancy, and flexible mixed-use layout, this property offers a great opportunity for an investor or owner-user looking to add a multi-tenant asset to their portfolio.

$4,458/mo

Est. mortgage payment based on a $670,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12753737

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.43 Acres

Other Property Details

Taxes
$29,368
Tax Frequency
Annually
MLS provider logo

Listed by Christina Barbaro with Keller Williams Preferred Rlty 708-214-2445

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Data is refreshed every 3 hours. Listing last updated 3:37 AM UTC on 9/18/2026. 

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