Listed by Real Realty Inc.
$695,000
3625 147th Street
Details
APN 28-11-305-028-0000
Property Type Multifamily
Square Footage 4,600
Units 6
Cap Rate 7.77%
NOI $53,581
Occupancy 100%
Year Built 1962
Buildings 1
Stories 3
Acreage 0.130
Zoning R-2
Cash-Flowing Opportunity in Midlothian
Marketing description
Real Realty is pleased to present for sale 3625 147th St in Midlothian, IL. This property contains (5) two bedroom-one baths along with (1) one bedroom-one bath. Three of the apartments are fully rehabed, while the remaining three provide substantial upside in rent premiums of $200+ per unit post renovation.
80% copper plumbing throughout the building along with a Weil-Mclain tankless boiler to save on gas. This is an opportunity for an investor to purchase these properties and continue to improve units to fuirther maximize returns. Opportunity to purchase a similar 6-flat in Midlothian (14618 Keystone Ave) along with this property.
Investment highlights
- Strong returns
- Upside potential
- Copper plumbing
Listing Contacts
Listed by Real Realty Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,580.68
$4,465.06/mo
Valuation Metrics
0
DSCR
7.71%
Cap Rate
7.71%
ROI
Map
Zoning
B-2 MixedMixed UseVillage Center
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View all 62 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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