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$488,000

  • Sold
  • Closed
  • Commercial
  • 8,000 Sq. Ft.
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Save This Home
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Turnkey 5-Unit Townhome Investment - No Vacancy~Prime investment opportunity in this fully occupied 5-unit property in Midlothian, IL, offers immediate cash flow with strong rental demand. Each spacious 2-story unit features 4 bedrooms, 2 bathrooms, an eat-in kitchen, a large living room, and an in-unit laundry room. Key Highlights: Fully Occupied, No Association Fees - Maximizing investor returns, 6 Separate PINs - One for each unit + parking lot, Low Maintenance - All systems in working order Strong Rental Market - Room for Increased rents comparing to other rentals in the area. This is a rare opportunity to own a well-maintained, income-producing property in a desirable rental market. Perfect for investors seeking steady cash flow and minimal expenses. Don't miss out-schedule a showing today!

Full Property Details for 14724 Turner Ave

General

  • Sold For: $488,000
  • Taxes: $17,377 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12284298
  • Added to Site: 306 day(s) ago

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s)

Location

  • Area: Midlothian
  • County: Cook
  • Driving Directions: South of 147th just west of Kedzie

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Heating Type: Forced Air, Gas

Utilities

  • Water: Municipal Water
  • Onsite: Sewer Connected

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Crawl Space
  • Roof: Composition, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 8,000
  • Current Bldg. Use: Multi-Family
  • Year Built: 1962
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5
  • # Dryers: 5

Lot Features

  • Lot Size (Sq. Ft.): 18,700
  • Lot Dimensions: 100 x 187
  • Frontage: City Street
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Operating Expenses: $38,987
  • Security Deposit: Carbon Monoxide Detector(s)
  • Assessment Year: 1962
  • Tax Amount: $17,377.08
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 28114080700000

Listed by Baird & Warner
Sold by Re/Max 10

Listing agent

— 14724 Turner Ave —

  • Baird & Warner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 14724 Turner Ave

School Districts:Midlothian School District 143, Bremen Community High School District 228
NameGradesDistance
Central Park Elementary School
3621 151st Street, Midlothian, IL 60445
PK-80.6 mi
Bremen High School
15203 Pulaski Road, Midlothian, IL 60445
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14724 Turner Ave

Date
Details
Price
Change
Source
7/24/2025
Sold
$488,000
-2.4%
MLS
3/17/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Baird & Warner
Sold by Re/Max 10

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14724 Turner Avenue, Midlothian, IL 60445 (MLS# 12284298) is a Commercial property that was sold at $488,000 on July 24, 2025. Want to learn more about 14724 Turner 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.