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
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
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.
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!
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.)
+/- 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.
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.
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!
The median home value in Midlothian, IL is $235,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Midlothian, IL is $235,000. Approximately 74.09% of Midlothian homes are owned, compared to 22.13% rented, while 3.78% 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 14,330. Midlothian is less family-centric than the surrounding county with 28.69% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Midlothian, Illinois is $58,011. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Midlothian is 37.5 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38.4 inches per year, with 31.5 inches of snow per year.