14618 Keystone Ave

Midlothian, IL 60445

$1,885,000
Price
33
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with a yard
a front view of a house with garden
a front view of a house with garden
a bathroom with a sink toilet and shower
a view of an empty room with wooden floor

Description

Attention: this is a portfolio sale of all three identical six-unit buildings on the same street. The addresses are 14618 keystone ave, 14619 keystone ave, and 14643 keystone ave in midlothian, il 60445. Real Realty is pleased to represent this portfolio of buildings off Keystone Avenue in Midlothian, IL. The offering consists of 3 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater....Attention: this is a portfolio sale of all three identical six-unit buildings on the same street. The addresses are 14618 keystone ave, 14619 keystone ave, and 14643 keystone ave in midlothian, il 60445. Real Realty is pleased to represent this portfolio of buildings off Keystone Avenue in Midlothian, IL. The offering consists of 3 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.
  1. Listed by Alen Redzic • Real Realty Inc
    P: (773)-501-3122 aredzic@realrealtyus.com

Property Details for 14618 Keystone Avenue

Area
Midlothian
LISTING UPDATED: 10/13/2025 12:07 AM

Property Details for 14618 Keystone Avenue

StatusActive
MLS #12447671
Days on Market118
Taxes$44,747 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1970
Lot Size0.06 AC / 2,400 SF
CountyCook County

Location

Listing Courtesy of Real Realty Inc
Add your commute

Building Information for 14618 Keystone Avenue

Stories2Residences18Year Built1970Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$13,043 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,314

Property Taxes

$3,729

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14618 Keystone Avenue

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Heat/Ventilation: Baseboard
  • Num of Baths: 18.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 30 X 80
  • Stories: 2
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 6
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $2,004.00
  • Fuel Expense: $14,341.00
  • Gross Income: $272,556.00
  • Gross Scheduled Income: $261,245.00
  • Insurance Expense: $11,700.00
  • Maintenance Expense: $5,400.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 5400
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 21770
  • Net Operating Income: $140,682.00
  • Operating Expense: $120,563.00
  • Other Expense: $.00
  • Trash Expense: $4,453.00
  • Water Sewer Expense: $5,854.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 8
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 7
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 14618 Keystone Avenue

DateEvent & SourcePriceAppreciation
Oct 7, 2025

Price Change

MRED #12447671

$1,885,000—
Aug 15, 2025

Listed (Active)

MRED #12447671

$2,025,000—
Nov 30, 2006

Sold (Public Record)

Public Record #211904232

$400,000

+20.5% / yr

Jun 20, 2006

Sold (Public Record)

Public Record #199475899

$368,000

+5.9% / yr

Apr 19, 2004

Sold (Public Record)

Public Record #135364729

$325,000—
DateEvent & SourcePrice
10/07/2025

Price Change

MRED #12447671

$1,885,000
08/15/2025

Listed (Active)

MRED #12447671

$2,025,000
11/30/2006

Sold (Public Record)

Public Record #211904232

$400,000

+20.5% / yr

06/20/2006

Sold (Public Record)

Public Record #199475899

$368,000

+5.9% / yr

04/19/2004

Sold (Public Record)

Public Record #135364729

$325,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14618 Keystone Avenue

Taxable ValueLand$2,680Additions$41,320Total$44,000
Tax Record2023$16,652 ($1,388 / month)
Home Facts
Baths6Total Finished SqFt5,403 SqFtAbove Grade Finished SqFt5,403 SqFtStories2Lot Size6,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN28-10-228-013

Schools near 14618 Keystone Avenue

This home is within Midlothian School District 143.
Rating
School
Type
Grades
Distance
Springfield Elementary School
Public - K to 6
Bremen High School
Public - 9 to 12
Delta Academy and Achieve
Public - 11 to 12
Spaulding School
Public - PK to 3
Rating
School
Distance
Springfield Elementary School
PublicK to 6

Bremen High School
Public9 to 12

Delta Academy and Achieve
Public11 to 12

Spaulding School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 14618 Keystone Avenue, Midlothian, IL 60445

14618 Keystone Avenue is a multi-family home for sale in Midlothian, IL 60445. This property was listed for sale on August 15, 2025 by Real Realty Inc, it's currently listed at $1,885,000. It has been on the market for a total of 118 days and was last sold on November 30, 2006. This listing's school districts are Bremen Chsd 228 School District, Midlothian School District 143. Nearby schools include Springfield Elementary School, Bremen High School and Delta Academy and Achieve. 14618 Keystone Avenue is a 33-bed, 18-bath, multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Realty Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/13/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.