Midlothian IL Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1972
Baths:
MLS#:
12132211

ADDITIONAL INFORMATION

This is a prime investment opportunity or owner-occupied with an income-producing 2nd-floor income of $1,900!!! The brick mixed-used building consists of a first-floor previously doctor's offices, 5 offices, a reception area, and a full bath. freshly painted, new flooring, Don't miss this opportunity to own this well-maintained building, you can run your own business and earn income from the second-floor rental. Second floor deluxe apartment consists of three bedrooms one bath, a 2.5 car attached garage plus a storage area. Newer Roof, Newer Furnace/AC. 8 Parking spaces + 1 Handicap space. 2.5 Garage attached. Easy to show, call today! The second floor brings $1,900 monthly

Type:
Mixed Use
Sq.Ft.:
2,850
Status:
Active
Beds:
n/a
Year built:
1988
Baths:
MLS#:
12129080

ADDITIONAL INFORMATION

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 tuck point, 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 $129,900 and the mixed used building for $329,900. THIS PROPERTY IS IN A TIF DISTRICT

Type:
Office
Sq.Ft.:
1,800
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1953
Baths:
MLS#:
12107758

ADDITIONAL INFORMATION

Newly updated Salon for sale or convert back to office space. New flooring (2020 , recessed lighting 2020) and water lines for multiple shampoo bowls, hair stations or aesthetic stations (2020). Great for salon, office, retail, or medical. intersection with over 18,000 daily traffic count. Plenty of parking in the rear and additional storage shed.

Type:
Other
Sq.Ft.:
3,600
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
12106377

ADDITIONAL INFORMATION

Don't miss this prime investment opportunity. This brick mixed use income producing building has many options...owner occupied apartment with your own business downstairs, live upstairs and rent store front OR rent the 2nd floor, 1800sq ft apartment and storefront BOTH for maximum income. The huge deluxe apartment features, an open floor plan, high quality wood laminate floors, 3 large bedrooms, kitchen with island, spacious modern bathroom and washer/dryer hookup. Storefront is 1800 sq ft including custom built shelving, office, 8 tandem parking spaces and state of the art fire/police system. Easy show. Seller is willing to help with Buyer's closing cost! Call agent to view today!

Type:
Other
Sq.Ft.:
2,000
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1973
Baths:
MLS#:
12080004

ADDITIONAL INFORMATION

Nothing to do but buy and have the income start coming in. Real Estate includes 3 lots, property has 6 offices, 2 bathrooms, kitchen area, reception area and plenty of parking (approx. 18 spots-not marked). Call to schedule a showing. This property is being sold "AS IS" by the South Suburban Land Bank & Development Authority (SSLBDA) and it is waiting for you. Please note the property is located in a floodway, flood insurance will be required. Schedule an appointment, create your plan & present your offer. What are you waiting for? This is it...don't miss it! (PLEASE READ CAREFULLY TO ENSURE A SUCCESSFUL SUBMISSION OF YOUR OFFER: The property must be marketed for 10 days in the MLS before offers will be reviewed. During this time you should schedule a showing and then submit your offer if interested. Offers received during the 10 day marketing period will be sent in first for evaluation and selection therefore, your offer should reflect your highest and best. All offers MUST be submitted using the following: 1) A specifically modified 7.0 sales contract & SSLBDA addendum 2) The SSLBDA application and scope of work form 3) A proof of funds letter. Please submit these THREE items separately and NOT as one PDF. Failure to provide these THREE files will result in your offer not being submitted for consideration as you WILL NOT be contacted regarding missing documents. Proof of funds must reflect an amount that is sufficient to cover the purchase of the property AND the projected rehab costs. Additionally, the proof of funds letter must reflect the buyer's name or the name of their business. Screenshots of bank accounts that do not reflect the buyer's name will NOT be accepted. Notification of contract selection can take place within 5 to 7 days AFTER the 10 day marketing period. Due to the volume of offers received, the party who's offer is selected will be the only one that is contacted. Parties who submitted offers should monitor the listing status for updates. Disclosures are unavailable.)

Type:
Retail
Sq.Ft.:
2,700
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
MLS#:
11970736

ADDITIONAL INFORMATION

+/- Freestanding 2,700sf building on a +/- 21,100sf site.The property has drive thru capabilities. Restaurant build out is still in place. The site is located at a 4-way isignalized ntersection on the SWC of 147th St & Kedzie Ave., Midlothian, IL. The site is just west of the I-57 and I-294 expressway entrance ramps. 147th St. and Kedzie Ave. are major arterial roads. The area is densely populated. Traffic counts at the intersection exceed 31,400 vehicles per day, 19,800 VPD along 147th St and 11,600 VPD on Kedzie. There is high daytime traffic in this business corridor. Property is For Sale or Lease. Brochure and Plat of Survey acccessed thru additional documents.

Type:
Office
Sq.Ft.:
2,500
Status:
Active
Beds:
n/a
Year built:
1976
Baths:
MLS#:
11829833

ADDITIONAL INFORMATION

2 for 1 special: 3824 W 147th & 14654 Waverly, Midlothian purchase both commercial properties for $789k. Are you looking for commercial space to build your business? 2 large garage doors that can house large trucks, 20-25 gated parking spots, the office building houses 3 cubical spaces, office waiting area, bathroom, storage, new LED Lights. 2 more private offices upstairs and a conference area. 1800 sq ft. Building has central air and heating. Great for a service company.

Type:
Other
Sq.Ft.:
4,200
Status:
Active
Beds:
n/a
Year built:
1966
Baths:
MLS#:
11622842

ADDITIONAL INFORMATION

This is a rare opportunity to pick up a property for an investment or earn income while you build for your self. This property is the best of both worlds . Collect rents while investing in the future by expanding on some of the including eight lots. This well maintained and recently upgrading building is an investor users dream.

Type:
Mixed Use
Sq.Ft.:
14,224
Status:
Active
Beds:
n/a
Year built:
1929
Baths:
MLS#:
11829679

ADDITIONAL INFORMATION

2 for 1 special: 3824 W 147th & 14654 Waverly, Midlothian purchase both commercial properties for $789k. Prime Mixed-Use Income-Producing Gem Near 147th Street Metra Station! Welcome to a rare opportunity to own a versatile commercial property strategically located on a highly visible corner near the bustling 147th Street Metra Station. This property boasts a perfect blend of offices, retail spaces, and residential accommodations, offering a myriad of possibilities for savvy investors and entrepreneurs.Key Features: 12+ Offices, 2 Retail Stores, and a Charming 2-Bedroom Apartment, Central Air/Heating, Kitchen, and Bathroom in the Apartment. Ample Parking with 18 Spots Available. 600 AMP Service for Enhanced Power Needs. 3 Entry Points for Convenient Access, Energy-Efficient LED Lighting Throughout. Freshly Updated Flooring in Some Areas. Potential Approval for Condominium Development by the Village of Midlothian. Ideal Space for a Restaurant, Banquet Hall, or Daycare Center. With its diverse layout and strategic location, this property offers endless possibilities for income generation and business expansion. Whether you're looking to establish a new venture or expand an existing one, this property provides the perfect canvas for your vision. Don't miss out on this rare opportunity to own a property with such immense potential. Schedule a visit today to explore all that this remarkable commercial space has to offer!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Midlothian Real Estate

The median home value in Midlothian, IL is $226,937. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Midlothian, IL is $226,937. Approximately 69.46% of Midlothian homes are owned, compared to 21.66% rented, while 8.89% are vacant. Midlothian real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Midlothian real estate agent to arrange a tour today!

Midlothian, Illinois has a population of 14,809. Midlothian is more family-centric than the surrounding county with 31.02% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Midlothian, Illinois is $61,494. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Midlothian is 38.7 years.

Midlothian Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.

Midlothian Real Estate Market Conditions

  • Median sales price

    $226,937
    5.68% change since last quarter
  • # Active listings

    42
    30-day change

Midlothian Schools and Demographics

Education near Midlothian, IL

Metric City County
High School Graduates 87.64 86.19
College Degree - 2 year 11.05 6.53
College Degree - 4 year 14.75 37.19
Graduate Degree 3.1 10.61
Expenditures per Student 11,279 15,837
Students per Teacher 15.7 19.3

Elementary Schools near Midlothian, IL

School Grades Students P/T Ratio ZIP
Central Park Elementary School PK - 08 770 16.8 60445
Childs Elementary School KG - 03 183 14.6 60472
Fieldcrest Elementary School KG - 05 254 13.8 60452
George Washington Elementary School KG - 05 315 15.4 60803
Gordon School KG - 03 433 16.6 60469
Hazelgreen Elementary School PK - 06 312 13.6 60803
Kerkstra Elementary School 01 - 05 429 17.2 60452
Kolmar Elementary School KG - 08 620 16.5 60445
Lane Elementary School PK - 06 261 10.7 60803
Lee R Foster Elementary School 01 - 05 433 15.2 60452
Meadow Lane School 03 - 05 221 13.9 60803
Morton Gingerwood Elementary School 01 - 02 299 19.9 60452
Nathan HALE Primary School PK - 03 577 18 60445
Ridge Early Childhood Center PK - KG 255 18.7 60452
Scarlet Oak Elementary School 03 - 04 311 17.9 60452
Spaulding School PK - 03 115 17.7 60445
Springfield Elementary School PK - 06 369 15.5 60445
Stony Creek Elementary School PK - 06 651 15.1 60803
Turner Elem School PK - KG 205 24.1 60472
Walter F Fierke Education Center PK - 05 317 12.9 60452

Middle Schools near Midlothian, IL

School Grades Students P/T Ratio ZIP
Arbor Park Middle School 05 - 08 655 22.6 60452
Hamlin Upper Grade Center 06 - 08 220 13.3 60803
Jack Hille Middle School 06 - 08 512 19 60452
Kellar School 06 - 08 508 16.4 60472
Nathan Hale Intermediate School 04 - 05 201 11.5 60445
Nathan HALE Middle School 06 - 08 395 12.7 60445
Posen Elementary School 04 - 05 363 15.8 60469
Prairie Junior High School 07 - 08 338 15 60803

High Schools near Midlothian, IL

School Grades Students P/T Ratio ZIP
Bremen High School 09 - 12 1,407 19.1 60445
Delta Learning Center 09 - 12 172 7.2 60472
Oak Forest High School 09 - 12 1,385 18.9 60452

Ungraded Schools near Midlothian, IL

School Grades Students P/T Ratio ZIP
Braun Educational Center 04 - 12 83 5.7 60452

Demographics near Midlothian, IL

Metric City County
Neighborhood Type City Neighborhood
Population 14,809 5,238,541
Population Density 5,253 5,544
Median Age 38.7 36.4
People per Household 2.7 2.6
Median Household Income 61,494 59,426
Average Income per Capita 26,506 33,722