3631 147th St

Midlothian, IL 60445

$600,000
Price
11
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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!
  1. Listed by Steven Korosic • My Casa Realty Corp.
    P: (708)-518-1757 C: (708)-518-1757 steve@mycasarealtor.com

Property Details for 3631 147th Street

Area
Midlothian
Zoning
MULTI
LISTING UPDATED: 12/11/2025 12:07 AM

Property Details for 3631 147th Street

StatusActive
MLS #12528078
Days on Market8
Taxes$14,002 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1962
Lot Size0.15 AC / 6,528 SF
CountyCook County

Location

Listing Courtesy of My Casa Realty Corp.
Add your commute

Building Information for 3631 147th Street

Stories3Residences6Year Built1962Building Size-Lot Size0.15 AC / 6,528 SF

Payment Calculator

$4,132 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,965

Property Taxes

$1,167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3631 147th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas
  • # Of Refrigerators: 6
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Size Source: County Records
  • Lot Dimensions: 6528
  • Stories: 3
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $7,200.00
  • Gross Income: $6,900.00
  • Gross Scheduled Income: $82,800.00
  • Insurance Expense: $6,800.00
  • Maintenance Expense: $500.00
  • Manager Expense: $5,796.00
  • Janitor Expense: 0
  • Total Monthly Income: 6900
  • Net Operating Income: $54,204.00
  • Operating Expense: $28,596.00
  • Other Expense: $500.00
  • Trash Expense: $1,200.00
  • Water Sewer Expense: $6,000.00
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: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 5
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • 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 3631 147th Street

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Listed (Active)

MRED #12528078

$600,000—
Dec 2, 2021

Sold (Public Record)

Public Record #1485479287

$355,000

+1.8% / yr

Sep 20, 2019

Expired

MRED #10464984

$389,900—
Jul 26, 2019

Listed (Active)

MRED #10464984

$389,900—
Nov 22, 2018

Expired

MRED #09907380

$389,900—
Apr 30, 2018

Listed (Active)

MRED #09907380

$389,900—
Jul 4, 2016

Expired

MRED #09181540

$369,900—
Apr 1, 2016

Listed (Active)

MRED #09181540

$369,900—
Mar 31, 2016

Expired

MRED #09118622

$375,000—
Jan 18, 2016

Cancelled

MRED #09062684

$375,000—
Jan 18, 2016

Listed (Active)

MRED #09118622

$375,000—
Oct 13, 2015

Listed (Active)

MRED #09062684

$375,000—
Jan 28, 2014

Cancelled

MRED #08330541

$355,000—
May 1, 2013

Listed (Active)

MRED #08330541

$355,000—
Aug 1, 2001

Sold (Public Record)

Public Record #77207721

$245,000—
DateEvent & SourcePrice
12/05/2025

Listed (Active)

MRED #12528078

$600,000
12/02/2021

Sold (Public Record)

Public Record #1485479287

$355,000

+1.8% / yr

09/20/2019

Expired

MRED #10464984

$389,900
07/26/2019

Listed (Active)

MRED #10464984

$389,900
11/22/2018

Expired

MRED #09907380

$389,900
04/30/2018

Listed (Active)

MRED #09907380

$389,900
07/04/2016

Expired

MRED #09181540

$369,900
04/01/2016

Listed (Active)

MRED #09181540

$369,900
03/31/2016

Expired

MRED #09118622

$375,000
01/18/2016

Cancelled

MRED #09062684

$375,000
01/18/2016

Listed (Active)

MRED #09118622

$375,000
10/13/2015

Listed (Active)

MRED #09062684

$375,000
01/28/2014

Cancelled

MRED #08330541

$355,000
05/01/2013

Listed (Active)

MRED #08330541

$355,000
08/01/2001

Sold (Public Record)

Public Record #77207721

$245,000

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

Public Records for 3631 147th Street

Taxable ValueLand$2,284Additions$34,715Total$36,999
Tax Record2023$14,002 ($1,167 / month)
Home Facts
Baths6Total Finished SqFt5,320 SqFtAbove Grade Finished SqFt5,320 SqFtStories2Lot Size6,528 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN28-11-305-025

Schools near 3631 147th Street

This home is within Midlothian School District 143.
Rating
School
Type
Grades
Distance
Central Park Elementary School
Public - K to 8
Bremen High School
Public - 9 to 12
Delta Academy and Achieve
Public - 11 to 12
Spaulding School
Public - PK to 3
Rating
School
Distance
Central Park Elementary School
PublicK to 8

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 3631 147th Street, Midlothian, IL 60445

3631 147th Street is a multi-family home for sale in Midlothian, IL 60445. This property was listed for sale on December 5, 2025 by My Casa Realty Corp., it's currently listed at $600,000. It has been on the market for a total of 8 days and was last sold on December 2, 2021. This listing's school districts are Bremen Chsd 228 School District, Midlothian School District 143. Nearby schools include Central Park Elementary School, Bremen High School and Delta Academy and Achieve. 3631 147th Street is a 11-bed, 6-bath, multi-family home built in 1962.

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 My Casa Realty Corp.

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 12/11/2025 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.