Midlothian, IL 60445 14724 Turner Avenue

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Presented By: Baird & Warner
  • MLS# 12284298
  • 03/17/2025
  • Request Tour
  • Request Info
  • Beds • 20
  • SQFT • 8,000

Home Details

Turnkey 5-Unit Townhome Investment - No Vacancy~Prime investment opportunity in this fully occupied 5-unit property in Midlothian, IL, offers immediate cash flow with strong rental demand. Each spacious 2-story unit features 4 bedrooms, 2 bathrooms, an eat-in kitchen, a large living room, and an in-unit laundry room. Key Highlights: Fully Occupied, No Association Fees - Maximizing investor returns, 6 Separate PINs - One for each unit + parking lot, Low Maintenance - All systems in working order Strong Rental Market - Room for Increased rents comparing to other rentals in the area. This is a rare opportunity to own a well-maintained, income-producing property in a desirable rental market. Perfect for investors seeking steady cash flow and minimal expenses. Don't miss out-schedule a showing today!
Presented By: Baird & Warner

Interior Features for 14724 Turner Avenue

Other Interior Features

BasementCrawl Space
Total Fireplaces

General for 14724 Turner Avenue

Additional Parcels Y/NYes
Association Fee IncludesNone
CityMidlothian
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Current UseMulti-Family
DirectionsSouth of 147th just west of Kedzie
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense
Fuel Expense
Gross Income83073
Insurance Expense3934
Lot Size Square Feet18700
MLS AreaMidlothian
MaintenanceExpense5299
Net Operating Income44086
Number Of Units Total5
Operating Expense38987
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition, Fiberglass
SewerStorm Sewer
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount17377.08
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipBremen
Trash Expense0
UtilitiesSewer Connected
Virtual TourClick here
Water Sewer Expense8181
Year Built1962
ZoningMULTI

Exterior for 14724 Turner Avenue

Building Area Total8000
Frontage TypeCity Street
Lot Dimensions100 X 187
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $500,000
MLS#12284298
List Date 03/17/2025
Property Type Contingent
Phone 847.485.2500
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