About This Home

This 0-bedroom, 0-bathroom commercial at 3824 147th Street in Midlothian, IL is listed for $850,000. Built in 1929, on a 0.18 acres lot.

Key Features

  • Built in 1929
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
1929

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

3824 147th Street

Midlothian, IL 60445

Property Details

Construction

Brick Concrete

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3824 147th Street is listed at $850,000. The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1929, 0.18 acre lot, 2 stories.

This property is listed by Lenny Feil and can be reached at (708) 371-1910.

LF

Lenny Feil

Agent at Harthside Realtors, Inc.

(708) 371-1910

Listed by Harthside Realtors, Inc. · Broker phone: (708) 371-1910 · View on Broker Site

MLS# 12744493· Source: Midwest Real Estate Data, LLC· 27 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3824 147th Street, Midlothian, IL 60445

Open this listing in: