Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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2 Properties Within 0.5 miles of: 3546 147th, Midlothian

3546 147th
Midlothian, IL 60445

  • Built In 1965
Price

$649,900

Est Payment
$5,009 / month (details)  
Taxes
$17,675  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
60X118  
Built
1965  
Neighborhood
Midlothian  
MLS
#12031659
Status
Active (11 days)

Property Description

Incredible opportunity to own this fully leased Midlothian 8-unit building consisting of oversized one bed/one bath apartments. Recently installed brand new 2023 boiler! Tankless water heaters installed in each unit and paid for by tenants. Double sized lot with abundant parking and outdoor space. Building currently bringing in $7,500 a month in revenue with the ability to increase to $8,500 without additional investment through upcoming lease renewals. Being offered at a near 9 CAP pro forma with professional management in place that can either be continued or cancelled upon purchase. Reach out to listing agent for full rent roll and expense breakdown.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Wall Sleeve
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-25-2024 Listed at $649,900
Last Modified 5/1/24 12:05 AM

Nearby Transportation

  • Rock Island 0.2 mi
  • I 294 North 0.9 mi
  • Hwy 57 1.3 mi
  • Hwy 57 1.5 mi
  • I 294 South 2.0 mi
  • I 80 West 2.9 mi
  • I 80 East 3.1 mi
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