$ 670,000
-
$670,000
Price -
7,528
SqFt -
0.43
Acre
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About the Listing 61080 - 257215,703753
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.
Listing Highlights for 3905-3923 W 147th St
Interior Details
- Appliances:
- Air Cond: Central Individual
- Heating: Forced Air,Gas
- Fireplaces:
- Floor: Tile,Varies,Vinyl
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 180x100
- Zoning: COMMR
- Roof: Rubber
- Others:
- Sewer:
- Parking Features: 19-30 Spaces,Lighted,Paved,Private Lot,Parking On-Site,Parking-Street
Financial Details
- Tax Amount: $29,368
- Taxes w/Assessments: N/A
- Tax/Property ID: 28113000120000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
3905-3923 W 147th St Midlothian, IL 60445
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