The median home value in Midlothian, IL is $190,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Midlothian, IL is $190,000.
Approximately 72% of Midlothian homes are owned,
compared to 21% rented, while
7% are vacant.
Midlothian real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Midlothian real estate agent to arrange a tour today! Learn more about Midlothian.
MoHall Commercial proudly presents an exceptional development opportunity at 3831 147th St, Midlothian, IL 60445. This prime commercial parcel, nestled in the heart of Midlothian's burgeoning business district, offers a promising canvas for the visionary developer. With a strategic position just steps from the Metra station, this site is a hub of connectivity, making it an ideal locale for a transit-oriented development that taps into the pulse of urban growth and convenience. Encompassing a generous 6,250 square foot building on a large, adaptable lot, this property boasts significant street frontage on the vibrant 147th St, near Pulaski Road, inviting high visibility with an impressive traffic count of over 20,539 vehicles per day. Currently presenting a 20-car parking lot, this space holds untapped potential for a multitude of commercial uses under its B-2 zoning classification. Imagining beyond the immediate, the property invites an adaptive re-use or a grand-scale rebuild that could encompass multi-use configurations - think sleek office spaces, innovative service centers, or even artisanal marketplaces that cater to the growing demand for local and accessible business districts. Adding to the allure, this property is situated within Midlothian's Downtown TIF District and the Cal-Sag Enterprise Zone, opening doors to substantial incentives for redevelopment. As Midlothian flourishes, capitalize on the opportunity to shape its landscape. Envision crafting a development that not only meets the current market demands but also serves as a cornerstone for the community's future. Whether you're looking to ignite the area with a new retail haven or establish a professional office enclave, 3831 147th St stands as a beacon of potential.
MoHall Commercial proudly presents an exceptional development opportunity at 3831 147th St, Midlothian, IL 60445. This prime commercial parcel, nestled in the heart of Midlothian's burgeoning business district, offers a promising canvas for the visionary developer. With a strategic position just steps from the Metra station, this site is a hub of connectivity, making it an ideal locale for a transit-oriented development that taps into the pulse of urban growth and convenience. Encompassing a generous 6,250 square foot building on a large, adaptable lot, this property boasts significant street frontage on the vibrant 147th St, near Pulaski Road, inviting high visibility with an impressive traffic count of over 20,539 vehicles per day. Currently presenting a 20-car parking lot, this space holds untapped potential for a multitude of commercial uses under its B-2 zoning classification. Imagining beyond the immediate, the property invites an adaptive re-use or a grand-scale rebuild that could encompass multi-use configurations - think sleek office spaces, innovative service centers, or even artisanal marketplaces that cater to the growing demand for local and accessible business districts. Adding to the allure, this property is situated within Midlothian's Downtown TIF District and the Cal-Sag Enterprise Zone, opening doors to substantial incentives for redevelopment. As Midlothian flourishes, capitalize on the opportunity to shape its landscape. Envision crafting a development that not only meets the current market demands but also serves as a cornerstone for the community's future. Whether you're looking to ignite the area with a new retail haven or establish a professional office enclave, 3831 147th St stands as a beacon of potential.
A totally updated from A-Z mixed-use commercial brick building 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 7 parking spaces. a possible second studio apartment unit in the salon area for future added income. new tuckpoint, new water heaters. multiple PIN numbers included (vacant land for sale separately for $149,900 and the mixed used building for $349,900
+/- Freestanding 2,700sf building on a +/- 21,100sf site.The property has drive thru capabilities. Restaurant build out is still in place. The site is located at a 4-way isignalized ntersection on the SWC of 147th St & Kedzie Ave., Midlothian, IL. The site is just west of the I-57 and I-294 expressway entrance ramps. 147th St. and Kedzie Ave. are major arterial roads. The area is densely populated. Traffic counts at the intersection exceed 31,400 vehicles per day, 19,800 VPD along 147th St and 11,600 VPD on Kedzie. There is high daytime traffic in this business corridor. Property is For Sale or Lease. Brochure and Plat of Survey acccessed thru additional documents.
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 tuckpoint, 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 $149,900 and the mixed used building for $349,900
This is a rare opportunity to pick up a property for an investment or earn income while you build for your self. This property is the best of both worlds . Collect rents while investing in the future by expanding on some of the including eight lots. This well maintained and recently upgrading building is an investor users dream.
Prime Mixed-Use Income-Producing Gem Near 147th Street Metra Station! Welcome to a rare opportunity to own a versatile commercial property strategically located on a highly visible corner near the bustling 147th Street Metra Station. This property boasts a perfect blend of offices, retail spaces, and residential accommodations, offering a myriad of possibilities for savvy investors and entrepreneurs.Key Features: 12+ Offices, 2 Retail Stores, and a Charming 2-Bedroom Apartment, Central Air/Heating, Kitchen, and Bathroom in the Apartment. Ample Parking with 18 Spots Available. 600 AMP Service for Enhanced Power Needs. 3 Entry Points for Convenient Access, Energy-Efficient LED Lighting Throughout. Freshly Updated Flooring in Some Areas. Potential Approval for Condominium Development by the Village of Midlothian. Ideal Space for a Restaurant, Banquet Hall, or Daycare Center. With its diverse layout and strategic location, this property offers endless possibilities for income generation and business expansion. Whether you're looking to establish a new venture or expand an existing one, this property provides the perfect canvas for your vision. Don't miss out on this rare opportunity to own a property with such immense potential. Schedule a visit today to explore all that this remarkable commercial space has to offer!
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/18/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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