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.
Great opportunity for investors to own a 6 unit beautiful brick building. Fully occupied with cash flow! 5 unit two bedrooms 1 bath and one unit 1 bedroom 1 bath. Parking in rear of the building plus additional parking spaces available at the front. Great location, close to Metra and shopping centers! This is one you don't want to miss.
Fantastic Investment Opportunity with Value-Add Potential! Discover this well-maintained 6-unit all-brick building offering strong cash flow and excellent value-add potential! The property features five occupied 2-bed/1-bath units and one vacant 1-bed/1-bath unit, providing a perfect opportunity for renovations, and owner-occupant option. Tenants enjoy the convenience of rear parking, with additional spaces available in the front, ensuring ample accommodation for all. Situated in a highly desirable area, the building is just minutes from the Metra station, shopping centers, restaurants, and everyday conveniences. This is a prime location with proven income and room to grow-an opportunity you don't want to miss!
Freestanding commercial building on a huge lot in Midlothian, competitively priced for sale or lease. Previously occupied and operated as a hair design school, this impressive property offers over 5,000 square feet of prime, fully improved office/retail space with the flexibility to accommodate a wide variety of commercial, educational, medical, therapy, training, or service-related uses. The property's signature feature is its visually striking A-frame entrance with expansive 15' to 18' ceilings, skylights, exposed hardwood support beams, and abundant natural light from oversized front windows. The dramatic reception and display area is impressive for visitors, clients, customers, and employees alike. Versatile floor plan includes approximately 12 offices, classrooms, treatment rooms, and open workspaces of varying sizes. Features include large training and therapy rooms, spacious open areas, a reception and display area, a large kitchen, locker room facilities, multiple storage areas, and extra-large restrooms with handicap accessibility. Schedule a tour today!
Fantastic 3+ acre car sales business. Fenced lot; this paved and striped corner location includes the sales office in a top notch location. Just north of DriveTime Car Dealership. Perfect for car dealers, all commercial developers, restaurants, retail, shopping center, gas stations. Opportunity for long term lease or buy and develop. Great location in close proximity to I-294 at 127th Street and I-57 at Pulaski and I-80. Excellent 300' frontage on Cicero Ave and 459'depth on 145th Street. Drive by anytime. All serious offers will be considered.
Mixed-use opportunity with strong income potential! B2-zoned property featuring approx. 2,400 sq ft storefront and 1,700 sq ft 3BR owner's unit above with separate entrances. Upper unit includes living room, formal dining, large eat-in kitchen, full bath, and in-unit laundry. Ideal for owner-user or investor-live/work or dual rental income. Great visibility with signage income potential. Two PINs included (28113010050000 & 28113010040000). Zoned for multiple uses including retail, office, cafe, salon, fitness, medical, or service business.
Great opportunity for investors to own a 6 unit beautiful brick building. Fully occupied with cash flow! 5 unit two bedrooms 1 bath and one unit 1 bedroom 1 bath. Parking in rear of the building plus additional parking spaces available at the front. Great location, close to Metra and shopping centers! This is one you don't want to miss.
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 tuck point, 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 $129,900 and the mixed used building for $329,900. THIS PROPERTY IS IN A TIF DISTRICT
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 tuck point, new water heaters. multiple PIN numbers included (vacant land for sale separately for $129,900 and the mixed used building for $329,000, Property is in TIF area
Strauss Realty, Ltd. is pleased to present 14600 Kilpatrick Avenue, a multi-tenant industrial investment opportunity in Midlothian, Illinois. The property consists of two buildings totaling approximately 35,900 square feet and 42 individual units. Building 1 (Units 1-14) includes approximately 9,800 SF, with units averaging 700 SF each. Building 2 (Units 15-42) totals approximately 26,100 SF, with units averaging 900 SF, including several combined spaces. A shared, secured restroom is located between Units 16 and 17. Offered at $3,350,000, the property features a diversified small-bay tenant base. Current NOI is $309,646, reflecting an 9.24% cap rate, with stable in-place income and potential for future rental growth. Recent capital improvements include demising select double units into single units, installation of bollards around gas meters, implementation of a mastered key system (GoldyLocks), and new heaters in select spaces. Ownership is currently completing installation of a required fire alarm system per the Village.

Midlothian is located in Illinois. Midlothian, Illinois has a population of 14,330. Midlothian is less family-centric than the surrounding county with 28.69% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Midlothian, Illinois is $58,011. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Midlothian is 37.5 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38.4 inches per year, with 31.5 inches of snow per year.