Home Details for 3546 147th Street

Price

$589,000

Type

Commercial Sale

Bedrooms

Bathrooms

Square feet

NaN

Year built

1967

County

Cook

Garage

Basement

Exterior Entry

Days on site

108

MLS Listing#

12466708

Property Description

Investor opportunity in the thriving south suburban village of Midlothian! This fully occupied 8-unit California-style multifamily property offers strong in-place income with immediate value-add potential. Each unit is separately metered, and tenants pay their own electric, keeping operating expenses low. The building features individual electric tankless water heaters in every unit, providing efficiency and convenience. A major system upgrade was completed with the boiler replaced in 2023, offering peace of mind for years to come. This is a solid opportunity to add value through rent increases and potential cosmetic updates. Conveniently located near transportation, retail, and local amenities, this is a smart addition to any multifamily portfolio.

Property Features

Basement
- Exterior Entry

Listing Courtesy: HRE Real Estate Services - 708-220-7613

Based on information submitted to the MLS GRID as of 2025-12-26 08:15:35. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-12-26 08:15:35

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Neighborhood Market Statistics

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Median Listing Price

Median Days on Site

Median Square Feet

Market statistics compiled from data from Midwest Real Estate Data.

EXIT TRUE DESIGN REALTY

11070 S. Western Ave. Suite 7, Chicago, IL 60643

Office

708 573 8801

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