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$695,000
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Property Description
Real Realty is pleased to present for sale 3625 147th St in Midlothian, IL. This property contains (5) two bedroom-one baths along with (1) one bedroom-one bath. Three of the apartments are fully rehabed, while the remaining three provide substantial upside in rent premiums of $200+ per unit post renovation. Mostly copper plumbing throughout the building along with a Weil-Mclain tankless boiler to save on gas. This is an opportunity for an investor to purchase these properties and continue to improve units to fuirther maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (3625 147th St) along with this property.
Full Property Details
Full Property Details for 14618 Keystone Ave
General
- Price: $695,000
- HOA FEE: $6,127
- Taxes: $16,652 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12692182
- Updated: 9/25/2026
- Added to Site: 90 day(s) ago
Location
- Area: Midlothian
- County: Cook
- Township: Bremen
- Driving Directions: From I-57, take Exit 348 for 147th Street and head west approximately 2 miles to the property. From I-294, exit at 147th Street and proceed east approximately 3 miles. The property is located just east of Pulaski Road in a well-established multifamily corridor of Midlothian.
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Building Heat, Hot Water, Baseboard
Utilities
- Trash: 1560
Structural Information
- Stories/Levels: 2
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- # Dryers: 3
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 77 x 30
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $6,127
- Insurance Fee: $3,737
- Operating Expenses: $39,040
- Assessment Year: 1963
- Tax Amount: $16,652
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 973
- Pays Trash: 1560
Disclosures and Reports
- Property ID: 28102280130000
Listed by Real Realty Inc
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Schools
Schools serving 14618 Keystone Ave
School Districts:Midlothian School District 143, Bremen Community High School District 228
| Name | Grades | Distance |
|---|---|---|
Springfield Elementary School, Midlothian, IL 14620 Springfield Avenue, Midlothian, IL 60445 | PK-6 | 0.2 mi |
Kolmar Elementary School 4500 143rd St, Midlothian, IL 60445 | K-8 | 0.8 mi |
Spaulding School 14811 Turner Avenue, Midlothian, IL 60445 | PK-3 | 1 mi |
Bremen High School 15203 Pulaski Road, Midlothian, IL 60445 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14618 Keystone Ave
Date
Details
Price
Change
Source
6/30/2026
Listed
$695,000
-74.57%
MLS
1/19/2022
Sold
$2,733,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14618 Keystone Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,652
—
$42,000
-5%
2023
$16,652
-7%
$44,000
16%
2022
$17,856
4%
$38,005
—
2021
$17,167
5%
$38,005
—
2020
$16,348
-5%
$38,005
-4%
2019
$17,231
2%
$39,673
—
2018
$16,959
4%
$39,673
—
2017
$16,345
15%
$39,673
20%
2016
$14,235
2%
$33,179
—
2015
$13,918
-8%
$33,179
-10%
2014
$15,052
24%
$36,974
12%
2013
$12,093
5%
$33,056
—
2012
$11,548
—
$33,056
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14618 Keystone Ave
14618 Keystone Avenue, Midlothian, IL 60445 (MLS# 12692182) is a Commercial property. 14618 Keystone Avenue is currently listed for $695,000 and was received on June 30, 2026. Want to learn more about 14618 Keystone Avenue? Do you have questions about finding other Commercial real estate for sale in Midlothian? You can browse all Midlothian real estate or contact a Coldwell Banker agent to request more information.

