4039 147Th StMidlothian, IL 60445

Property Details for 4039 147Th St

Year built

1988

Property size (Sq ft)

2,850 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional mixed-use property, located at 4039 147th St in Midlothian, Illinois (Cook County, zip code 60445), presents a compelling investment opportunity. The 2,850 square foot building, constructed in 1988, is a single-story brick structure zoned C1. It currently operates as a fully leased property, featuring a spacious hair salon with two bathrooms and a separate apartment unit. The property boasts 15 parking spaces, providing ample convenience for tenants and customers. The hair salon offers potential for expansion, with the possibility of developing a second studio apartment to increase rental income. Recent improvements include a complete renovation, new water heaters, and tuckpointing. The property includes multiple parcel identification numbers (PINs). Note that adjacent vacant land is available for separate purchase. This turnkey investment offers a blend of retail and multifamily income streams in a thriving Midlothian business district. The asking price for this property is $510,000. The property features two units.

Location Insight

City

Midlothian

County

Cook

State

Illinois

Latitude

41.6253

Longitude

-87.7194

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