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4500 147th St

2,000 SF Office Building Midlothian, IL 60445 $120,900 ($60/SF)

Executive Summary

Nothing to do but buy and have the income start coming in. Real Estate includes 3 lots, property has 6 offices, 2 bathrooms, kitchen area, reception area and plenty of parking (approx. 18 spots-not marked). Call to schedule a showing. This property is being sold "AS IS" by the South Suburban Land Bank & Development Authority (SSLBDA) and it is waiting for you. Please note the property is located in a floodway, flood insurance will be required. Schedule an appointment, create your plan & present your offer. What are you waiting for? This is it...don't miss it! (PLEASE READ CAREFULLY TO ENSURE A SUCCESSFUL SUBMISSION OF YOUR OFFER: The property must be marketed for 10 days in the MLS before offers will be reviewed. During this time you should schedule a showing and then submit your offer if interested. Offers received during the 10 day marketing period will be sent in first for evaluation and selection therefore, your offer should reflect your highest and best. All offers MUST be submitted using the following: 1) A specifically modified 7.0 sales contract & SSLBDA addendum 2) The SSLBDA application and scope of work form 3) A proof of funds letter. Please submit these THREE items separately and NOT as one PDF. Failure to provide these THREE files will result in your offer not being submitted for consideration as you WILL NOT be contacted regarding missing documents. Proof of funds must reflect an amount that is sufficient to cover the purchase of the property AND the projected rehab costs. Additionally, the proof of funds letter must reflect the buyer's name or the name of their business. Screenshots of bank accounts that do not reflect the buyer's name will NOT be accepted. Notification of contract selection can take place within 5 to 7 days AFTER the 10 day marketing period. Due to the volume of offers received, the party who's offer is selected will be the only one that is contacted. Parties who submitted offers should monitor the listing status for updates. Disclosures are unavailable.)

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,000 SF
Building Class
B
Year Built
1973
Price
$120,900
Price Per SF
$60
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,000 SF
Building FAR
0.12
Land Acres
0.38 AC
Zoning
B-1
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 28-10-119-023-0000
  • 28-10-119-025-0000
  • 28-10-119-024-0000
Land Assessment
$24,455
Improvements Assessment
$26,376
Total Assessment
$50,831
  • Listing ID: 32235796

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 4500 147th St, Midlothian, IL 60445

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