3546 147th ST Midlothian, IL 60445

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12435388

Year Built 1967

Annual Tax Amount $20,227

Tax Year 2023

Lot Dimensions 7500 sqft

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Area Midlothian

Interior

Cooling Wall Sleeve

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Listed by Chris Williams • HRE Real Estate Services

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106