4039 147th Street

Midlothian, IL 60445

$510,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A totally updated from A-Z mixed-use commercial brick building & corner vacant land located in the heart of the Midlothian business district. fully leased, consists of a spacious hair salon with two bathrooms & an apartment unit in the back, with 15 parking spaces. The corner vacant lot with great exposure on high traffic 147th street is great for a national tenant, Starbucks, Dunkin Donuts, etc, Endless possibilities, including a possible second studio apartment unit in the salon area for future...A totally updated from A-Z mixed-use commercial brick building & corner vacant land located in the heart of the Midlothian business district. fully leased, consists of a spacious hair salon with two bathrooms & an apartment unit in the back, with 15 parking spaces. The corner vacant lot with great exposure on high traffic 147th street is great for a national tenant, Starbucks, Dunkin Donuts, etc, Endless possibilities, including a possible second studio apartment unit in the salon area for future added income. new tuckpoint, new water heaters. multiple PIN numbers included (2810403004, 2810403005, 2810403006, 2810403007), legal address 4039-4041 & 4031-4037 W 147th Street. Over $100,000 of updates were recently done. Great income-producing property plus a great opportunity to build and develop the lot for your own business or for added investment income. An extra $300 a month was received for parking on the vacant lot. 147 feet frontage on busy 147th street. seller is willing to sell the vacant land for separately for $149,900 and the mixed used building for $349,900
  1. Listed by Rima Odeh • Better Homes & Gardens Real Estate

Property Details for 4039 147th Street

Area
Midlothian
Township
Bremen
Num Of Parking Spaces
15.0
Zoning
COMMR

Location

Listing Courtesy of Better Homes & Gardens Real Estate
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LISTING UPDATED: 11/21/2023 12:07 PM

Property Details for 4039 147th Street

StatusActive
MLS #11840172
Days on Market428
Taxes$16,135 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size0.37 AC / 16,170 SF
CountyCook County

Location

Listing Courtesy of Better Homes & Gardens Real Estate
Add your commute

Building Information for 4039 147th Street

Stories-Residences-Year Built-Lot Size0.37 AC / 16,170 SF

Payment Calculator

$4,128 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,783

Property Taxes

$1,345

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4039 147th Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: South Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • # Of Refrigerators: 1
  • Misc Inside: Public Restroom/s
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Scavenger
  • Built Before 1978: No
  • Approximate Age: Older
  • Lot Dimensions: 147X110
  • Lot Size Square Feet: 16170.0
  • Stories: 1
  • Exterior Building Type: Brick
  • Fire Protection: Carbon Monoxide Detector(s)
  • Building Area Total: 2850
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office and Research, Retail
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 37
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District,Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $36,000.00
  • Gross Scheduled Income: $39,600.00
  • Insurance Expense: $.00
  • Total Monthly Income: 3300
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 4039 147th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4039 147th Street

Taxable ValueLand$1,993Additions$387Total$2,380
Tax Record2022$1,118 ($93 / month)
Home Facts
Beds0Lot Size2,750 SqFtStyleMiscellaneous ResidentialYear Built1988CountyCOOKAPN28-10-403-004

Schools near 4039 147th Street

This home is within Midlothian School District 143.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 9 to 12
Public - PK to 3
Public - 11 to 12
Rating
School
Distance
Springfield Elementary School
PublicPK to 6

Bremen High School
Public9 to 12

Spaulding School
PublicPK to 3

Delta Academy and Achieve
Public11 to 12

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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4039 147th Street is a mixed use property for sale in Midlothian, IL 60445. This property was listed for sale on July 23, 2023 by Better Homes & Gardens Real Estate, it's currently listed at $510,000. This listing's school districts are Midlothian School District 143, Bremen Chsd 228 School District. Nearby schools include Springfield Elementary School, Bremen High School and Spaulding School. 4039 147th Street is a 0-bed, 0-bath, mixed use property.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate

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.