Map of Property

147th Flats Apartments

3625-3646 147th Place, Midlothian, IL 60445

  • For Sale $4,095,000
  • Property Type Multi-Family
  • Property Size 27,450 SF
  • Units 36
  • Year Built 1970
  • Date Updated Aug 26, 2025
In the south suburbs of Chicago, on a quiet street corner near schools and catholic institutions.Real Realty is pleased to represent this portfolio of buildings off 147th street in Midlothian, IL. The offering consists of 6 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 21 of the 36 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.
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Highlights

  • 58% Renovated Units
  • 83% - 2 Bedroom Apartments
  • Well Maintained Buildings

Contacts

broker
James Clough

Real Realty

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Midlothian, IL
  • Zip Code 60445
  • Market Chicago

Points of Interest

  • Midlothian

    0.21 miles

  • Blue Island

    2.75 miles

  • Burr Oak

    3.33 miles

  • Calumet

    4.30 miles

  • 115th Street (Morgan Park)

    4.64 miles

  • Riverdale

    4.64 miles

  • Homewood

    4.78 miles

  • West Pullman

    4.87 miles

  • Tinley Park

    5.09 miles

  • 111th Street (Morgan Park)

    5.11 miles

  • Amoco

    0.48 miles

  • Shell

    0.56 miles

  • Citgo

    0.64 miles

  • Mobil

    0.87 miles

  • Thorntons

    1.44 miles

  • Tesla Supercharger

    2.79 miles

  • EVgo

    7.25 miles

  • Blue Island Park & Ride

    2.70 miles

  • George W. Dunne National Driving Range

    3.22 miles

  • Pace Harvey Park & Ride

    3.50 miles

  • Strip Mall Parking Lot

    3.79 miles

  • Car Parking

    4.61 miles

  • Catalina Grove Family Picnic Area

    4.83 miles

  • Lot 12

    5.67 miles

  • Pace Homewood Park & Ride

    5.67 miles

  • Lot 3

    5.68 miles

  • Lot 1

    5.71 miles

  • HiWay Motel

    1.65 miles

  • Holiday Inn Express Crestwood

    2.34 miles

  • Best Western Chicago Southland

    2.57 miles

  • Baymont

    2.80 miles

  • Motel 6 Alsip

    3.23 miles

  • DoubleTree by Hilton Hotel Chicago - Alsip

    3.24 miles

  • Knights Inn Calumet Park

    3.50 miles

  • Days Inn Calumet Park

    3.53 miles

  • Plaza Inn

    3.55 miles

  • Key Motel

    3.89 miles

  • Dunkin'

    0.45 miles

  • McDonald's

    0.46 miles

  • Juiced by Shic

    0.47 miles

  • KFC

    0.49 miles

  • Popeyes

    0.54 miles

  • Posen Grill

    0.61 miles

  • Bartolinis Restaurant Catering and Banquets

    0.67 miles

  • Krispy Kreme

    1.44 miles

  • White Castle

    1.49 miles

  • Subway

    1.56 miles

  • Springfield Elementary School

    0.39 miles

  • Central Park School

    0.48 miles

  • Bremen High School

    0.69 miles

  • Saint Christopher School

    0.70 miles

  • Bernice Childs Elemetary School

    0.84 miles

  • Thomas Kellar Junior High School

    0.85 miles

  • Lincoln School

    1.12 miles

  • Posen Elementary School

    1.13 miles

  • Kolmar School

    1.31 miles

  • Gordon School

    1.33 miles

  • Council Oak Montessori School

    2.43 miles

  • Me & You Learning Academy

    5.69 miles

  • Happy Days Child Care Center

    6.18 miles

  • Daycare

    6.88 miles

  • Children of America

    7.77 miles

  • Mary Sears Children's Academy

    9.33 miles

  • Gladness V Player Early Childhood Center

    9.57 miles

  • Triple R Child Care

    9.80 miles

  • Childrens Hour Pre-School Center

    9.90 miles

Frequently Asked Questions

How much does 147th Flats Apartments cost?

The space currently listed for sale at 147th Flats Apartments asks for $4,095,000.

What is the total square footage of 147th Flats Apartments?

147th Flats Apartments totals 27,450 square feet.

When was this property built?

147th Flats Apartments was built in 1970.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
James Clough

Real Realty

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