Contact us: 563.441.1776
Description
A totally updated from A-Z mixed-use commercial brick building & corner vacant land located in the heart of the Midlothian business district. fully leased, consists of a spacious hair salon with two bathrooms & an apartment unit in the back, with 15 parking spaces. The corner vacant lot with great exposure on high traffic 147th street is great for a national tenant, Starbucks, Dunkin Donuts, etc, Endless possibilities, including a possible second studio apartment unit in the salon area for future added income. new tuck point, new water heaters. multiple PIN numbers included (2810403004, 2810403005, 2810403006, 2810403007), legal address 4039-4041 & 4031-4037 W 147th Street. Over $100,000 of updates were recently done. Great income-producing property plus a great opportunity to build and develop the lot for your own business or for added investment income. An extra $300 a month was received for parking on the vacant lot. 147 feet frontage on busy 147th street. seller is willing to sell the vacant land for separately for $129,900 and the mixed used building for $329,900. THIS PROPERTY IS IN A TIF DISTRICT
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1988
General Information
County: Cook
Listed By:
Infiniti Properties, Inc.
708-206-3000
MRED MLS
MLS ID: 12601901
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4039 147th Street, Midlothian, IL 60445.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $439,900 | $439,900 | $439,900 |
| Down Payment | $87,980 | $15,397 | $109,975 |
| Monthly Mortgage Amount | $2,110 | $2,590 | $2,696 |
| Taxes | $612 | $612 | $612 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $193 | $0 |
| Monthly Estimated Total | $2,850 | $3,523 | $3,436 |
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