About 3546 147th Street
Investor opportunity in the thriving south suburban village of Midlothian! This fully occupied 8-unit California-style multifamily property offers strong in-place income with immediate value-add potential. Each unit is separately metered, and tenants pay their own electric, keeping operating expenses low. The building features individual electric tankless water heaters in every unit, providing efficiency and convenience. A major system upgrade was completed with the boiler replaced in 2023, offering peace of mind for years to come. This is a solid opportunity to add value through rent increases and potential cosmetic updates. Conveniently located near transportation, retail, and local amenities, this is a smart addition to any multifamily portfolio.
Features of 3546 147th Street
| MLS® # | 12466708 |
|---|---|
| Price | $589,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1967 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 3546 147th Street |
|---|---|
| Area | Midlothian |
| City | Midlothian |
| County | Cook |
| State | IL |
| Zip Code | 60445 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Wall Sleeve |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Exterior Entry |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 27 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | HRE Real Estate Services |
|---|---|
| Contact Info | kenhoubolt@icloud.com |