NEWLY LISTED
SWIPE FOR MORE IMAGES
$850,000 USD
3824 147th St
Midlothian, Illinois 60445
USA
Midlothian, Illinois 60445
USA
1,321.503 m2 ::
14,225 sqft
Commercial for Sale, Retail
Land size: 0.202 ha ::
0.50 acres
Sale price per sqm: 643.19
Tax: 26,594 USD
Remarks:
Exceptional MixedUse Opportunity in the Heart of Midlothian's Proposed Downtown Business District! Built in 1929, this historic commercial landmark offers the kind of solid, enduring construction rarely found today ready to generate income immediately while providing endless avenues for customization. Perfectly positioned adjacent to the Metra train station, the building benefits from steady daily foot traffic ideal for retail, service, or professional tenants. It sits within the Downtown TIF District, opening the door for redevelopment incentives and improvements tailored to your specific vision. The first floor features multiple entrances and flexible layout options, allowing you to lease spaces ranging from 500 sq. ft. up to 2,000 sq. ft. Whether you envision boutique retail, office suites, or specialty services, the configuration possibilities are wideopen. The upper level is where imagination truly takes flight. With soaring exposed beams, abundant natural light, and a unique industrial character, this space is primed for transformation into up to five loftstyle apartments or condominiums. It also offers an incredible setting for a restaurant, microbrewery, event space, or creative studio. A small service elevator is already in place and can be expanded to better serve the upper level. Car enthusiasts and collectors will appreciate the building's original purpose as a Ford dealership, complete with an access ramp leading to the upper floor-perfect for storing a custom car collection or even establishing a museum or gallery. Parking is convenient and plentiful, with the Metra lot across the street offering free evening parking for patrons, residents, or guests. This property is a rare blend of history, location, and adaptability. It can produce income as it stands today, while offering the freedom to customize, expand, and reimagine its future in countless ways. A true cornerstone opportunity in Midlothian's evolving downtown landscape.
Features:
- Year Built: 1929
- Number of Levels: 2
- Building age: Over 50 years old
- Location: Suburban
- Construction: Brick
- Property Features: Elevators, Storage Space
- Utilities: City Water, City sewer
- Heating System: Forced Air, Gas
- Cooling System: Central Air Conditioning-Electric
- Lot Description: Irregular
- Number of parking spaces: 40
- Max Contiguous size: 14225.0
- Min divisible size: 500.0
Location:
3824 147th St, Midlothian, Illinois 60445, USA
Listed By CENTURY 21 Harthside Realtors
The Commercial for Sale, Retail located at 3824 147th St, Midlothian, Illinois 60445, USA is currently for sale. 3824 147th St, Midlothian, Illinois 60445, USA is listed for $850,000 USD. This property has 14,225 sqft. If the property located at 3824 147th St, Midlothian, Illinois 60445, USA isn't what you're looking for, search Illinois Real Estate to see other Commercial For Sale in Midlothian.
