Listed by Block Property Group
$125,000
3231-37 147th St
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 4,500
Units 3
Tenancy Multi
Lot Size (SqFt) 9,382
Zoning B-1
Investment Type Value Add
Retail | 4,500 SqFt
Marketing description
At the corner of Sawyer and 147th, this 4,500 square foot retail center is divided into three units. The corner unit, occupied by an insurance company, is leased through October 2018; a 1,500 square foot office is leased month-to-month by a congressional office. A 1,500 square foot former salon is in vanilla box condition, making this a great opportunity for a user or investor. Close to 147th and Kedzie, there is a small dedicated parking lot as well as street parking available.
Midlothian is a growing middle-class town located in southwestern suburbs of Chicago. More than 15,900 residents live within a mile of this location, providing a substantial built-in customer base.
Investment highlights
4,500 SF retail strip center
Divided into three units
Insurance office leased thru 10/2018
Congressional office leased MTM
1,500 SF vanilla box space
Great opportunity for user or investor
Current Gross Rent: $42,600
Potential Gross Rent: $64,800
Close to 147th/Kedzie and I-294
Land Area: 9,382 SF
Traffic Count: 14,400 cars daily
Zoning: B-1
Taxes (2015): $24,284
Listing Contacts
Listed by Block Property Group
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Zoning
A ResidentialSingle FamilySingle Family Dwellings
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View all 7 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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