Prime 147th Street Commercial Property | $85,000

MoHall Commercial & Urban Development presents 3356 W 147th Street in Midlothian, Illinois, an affordable owner-user and value-add commercial property positioned along the highly traveled 147th Street / Illinois Route 83 corridor.

3356 W 147th Street in Midlothian, Illinois offers an affordable opportunity to acquire and reposition an approximately 2,912-square-foot commercial building along the highly traveled 147th Street / Illinois Route 83 corridor. Priced at $85,000, the property provides an attractive entry point for an owner-user, entrepreneur, investor, or developer seeking commercial real estate in Chicago’s South Suburbs.

The one-story building sits on approximately 0.12 acre and features an open commercial layout that can be renovated and adapted for a new business concept. The property was previously configured for a hospitality use, giving a new owner an existing commercial shell with substantial counter space and a flexible interior footprint. At approximately $29 per square foot, the purchase price allows a buyer to acquire the real estate at a relatively low basis while directing additional capital toward renovations, improvements, branding, and buildout.

The property is located within Midlothian’s B-1 Neighborhood Business Residential District, creating potential for a variety of neighborhood-serving commercial uses. Depending on Village requirements and approvals, potential uses may include a restaurant or café, specialty retail store, professional office, medical or dental office, salon or personal-care business, wellness concept, creative studio, indoor recreation, or other service-oriented business. The flexibility of the property makes it especially attractive to an owner-user looking to control their real estate and create a location designed around the needs of their business.

Visibility and accessibility are key advantages. The property has direct frontage along 147th Street / IL Route 83, one of Midlothian’s primary commercial corridors, with traffic volumes exceeding 18,000 vehicles per day. The Midlothian Metra Station is approximately 0.5 mile from the property, Pace Route 354 serves the 147th Street corridor, and the location provides convenient access to Interstate 57 and Interstate 294. These transportation connections provide access to Midlothian, Oak Forest, Crestwood, Posen, Markham, Harvey, and the broader Chicago metropolitan area.

3356 W 147th Street is well suited for a buyer looking for an affordable commercial building for sale in

Midlothian with strong street exposure, flexible commercial potential, public transportation access, and convenient expressway connectivity. Whether the strategy is to establish an owner-operated business, renovate and lease the building, or reposition the property for a new neighborhood-serving use, this offering provides an opportunity to acquire an existing commercial asset at an approachable price and create long-term value.

Buyer to independently verify building size, zoning, proposed use, parking, licensing, building requirements, and all applicable approvals with the Village of Midlothian.

• Affordable Owner-User Opportunity: Acquire an approximately 2,912 SF commercial building for $85,000, equating to roughly $29 per square foot.
• 147th Street / IL Route 83 Exposure: Positioned along one of Midlothian’s primary commercial corridors with more than 18,000 vehicles per day.
• Flexible B-1 Zoning: Potential for restaurant, café, retail, professional office, medical, personal service, wellness, creative studio, indoor recreation and other neighborhood-serving concepts, subject to Village requirements.
• Value-Add Potential: Existing commercial building provides an opportunity to renovate, modernize and reposition the property around a new business or investment strategy.
• Transit & Expressway Access: Approximately 0.5 mile from Midlothian Metra with convenient access to I-57, I-294 and Pace service along 147th Street.
• Ideal for Owner-Users & Entrepreneurs: An opportunity to own the real estate supporting a business rather than continue leasing, while creating long-term equity and controlling future improvements.