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$695,000

  • For Sale
  • Active
  • Commercial
  • 4,600 Sq. Ft.
  • Updated 1 day ago
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Real Realty is pleased to present this singular 6-flat for sale along 147th Street, adjacent to a large self storage facility that dominates the block. This building consists of one - 1-bedroom and five - 2-bedroom units. Each building has a central boiler and central hot water heater. Heat and water are paid by landlord, tenants pay for electrictiy and cooking gas. 3 out of the 6 units in this building are fully renovated, achieving rents at a $250 premium than the non-renovated units. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (14618 Keystone Ave) along with this property.

Full Property Details for 3625 147th St

General

  • Price: $695,000
  • HOA FEE: $6,127
  • Taxes: $13,245 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12626703

Interior

  • Basement: Finished

Location

  • Area: Midlothian
  • County: Cook
  • Driving Directions: Off I-294 take Exit 8 into 147th Street. Keep going straight until you come across the Extra Space Self Storage facility followed by an array of small mutlifamily buildings. The building labeled with the number 3625 is what you're looking for, you can't miss it.

Heating & Cooling

  • Cooling Type: Wall Sleeve
  • Heating Type: Central Building Heat, Hot Water, Baseboard

Utilities

  • Trash: 1560

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished
  • Foundation: Brick/Mortar
  • Stories/Levels: 2
  • Square Feet: 4,600
  • Year Built: 1962
  • Built Before 1978: Yes

Unit Information

  • # Dryers: 2

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 54 x 38
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $6,127
  • Insurance Fee: $3,737
  • Operating Expenses: $30,450
  • Assessment Year: 1962
  • Tax Amount: $13,245
  • Tax Year: 2024
  • Tenant Pays: Electricity
  • Pays Electric: 495
  • Pays Trash: 1560

Disclosures and Reports

  • Property ID: 28113050280000

Listed by Real Realty Inc

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— 3625 147th St —

  • Real Realty Inc

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3625 147th St

School Districts:Midlothian School District 143, Bremen Community High School District 228
NameGradesDistance
Spaulding School
14811 Turner Avenue, Midlothian, IL 60445
PK-30.4 mi
Central Park Elementary School
3621 151st Street, Midlothian, IL 60445
PK-80.5 mi
Bremen High School
15203 Pulaski Road, Midlothian, IL 60445
9-120.8 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 3625 147th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$695,000
-74.57%
MLS
1/19/2022
Sold
$2,733,500
—
Public Record
Get Price Alerts and Save Property
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 for 3625 147th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,245
—
$35,000
—
2023
$13,245
-4%
$34,999
19%
2022
$13,858
4%
$29,495
—
2021
$13,323
5%
$29,495
—
2020
$12,688
21%
$29,495
22%
2019
$10,506
2%
$24,189
—
2018
$10,340
4%
$24,189
—
2017
$9,966
9%
$24,189
14%
2016
$9,142
2%
$21,309
—
2015
$8,939
-5%
$21,309
-8%
2014
$9,453
19%
$23,220
7%
2013
$7,948
5%
$21,727
—
2012
$7,590
—
$21,727
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Realty Inc

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3625 147th Street, Midlothian, IL 60445 (MLS# 12626703) is a Commercial property. 3625 147th Street is currently listed for $695,000 and was received on April 22, 2026. Want to learn more about 3625 147th Street? 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.

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