Real Estate Agent David Bowers
David Bowers
(815) 520-4091  Phone icon
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3642 147th Place, Midlothian, IL 60445

$725,000
  • 3642 147th Place, Midlothian, IL 60445 Main Photo

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Contingent
BEDS0 BATHS MLS#12593096
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

Property Description

This solid brick 6-unit multifamily property presents a turnkey investment opportunity with meaningful capital improvements already completed. Units have been updated with new flooring, modern appliances, upgraded plumbing, and breaker electrical panels, reducing immediate maintenance needs while enhancing tenant appeal. The building's major systems provide stability for long-term ownership, including a roof with shingles replaced approximately 10 years ago and a boiler system in serviceable condition. The property's durable brick construction and updated interiors position it well for continued rental demand and future rent growth. With strong in-place upgrades, reliable mechanicals, and a low-maintenance exterior, this asset offers investors a balanced combination of current cash flow and long-term durability in a stable Midlothian rental market.

3642 147th Place | MLS# 12593096

This multi-family property located at 3642 147th Place, Midlothian, IL 60445 is currently listed for sale with an asking price of $725,000. Search Midlothian real estate on dbowers.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.14 Acres
Stories: 3.0
Taxes: $13,961
Year Built: 1963

Feature Descriptions

Current Use: Multi-Family
Exterior: Brick
HVAC: Radiant
Lot Dimensions: 50X120
Parcel#: 28113050220000
Tenant Pays: Electricity
Units: 6

Listed By / Shown By

Listed By

Agency Name: Listing Leaders Northwest, Inc
Agency Phone: 219-961-5478

Shown By

Agent Name: David Bowers
Agent Phone: (815) 520-4091
Agency Title: Gambino Realtors

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Estimate Your Payment

Estimated Payment

$ 4,668.05 per month $3,293.18 Principal & Interest $1,163.42 Property Tax $211.46 Homeowner's Insurance

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