Listing provided courtesy of Real Realty IncMREDas Distributed by MLSGrid- MLS# 12447671
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Request Info14618 Keystone AvenueMidlothian, IL 60445
Commercial · 6 Beds$1,885,000
Active
14618 Keystone Avenue Overview
- Time on Site:
- 318 days
- Visits:
- 5
ATTENTION: THIS IS A PORTFOLIO SALE OF ALL THREE IDENTICAL SIX-UNIT BUILDINGS ON THE SAME STREET. THE ADDRESSES ARE 14618 KEYSTONE AVE, 14619 KEYSTONE AVE, AND 14643 KEYSTONE AVE IN MIDLOTHIAN, IL 60445. Real Realty is pleased to represent this portfolio of buildings off Keystone Avenue in Midlothian, IL. The offering consists of 3 nearly identical 6-unit buildings. All buildings consists of 1 - one-bedroom and 5 - two-bedroom units. Each building has a central boiler and central hot water heater. Heat and hot water are paid by landlord. Tenants pay for electricity. 9 of the 18 units have been remodeled and are achieving premiums of $150+ more in rent for 1-bedrooms and $250+ for 2-bedroom units than the non-renovated apartments. This is an opportunity for a investor to purchase these buildings and continue to improve units and increase revenue to further maximize returns.
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14618 Keystone Avenue Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 2004
- Fuel Expense: 14341
- Gross Income: 272556
- Gross Scheduled Income: 261245
- Insurance Expense: 11700
- Maintenance Expense: 5400
- Net Operating Income: 140682
- Operating Expense: 120563
- Trash Expense: 4453
- Water Sewer Expense: 5854
Building Information
- Year Built: 1970
Location/Region
- County Or Parish: Cook
- MLS Area Major: Midlothian
Tax Information
- Tax Annual Amount: $44,747.00
- Tax Year: 2023
General Information
- Parcel Number: 28102280130000
- Property Type: Commercial Sale
Interior
General Information
- Stories: 2
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 30 X 80
General Information
- Number Of Units Total: 18
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 1
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 1
- Baths Total: 1
- Units Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 2
- Baths Total: 1
- Units Total: 8
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 2
- Baths Total: 1
- Units Total: 7
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
14618 Keystone Avenue Neighborhood
Community
60445 (Midlothian) Demographics
43
Median Age
3,641
Population Density (per sq. mile)
31%
College Educated
$61,286
Estimated Median Income
8,223
Estimated Total Home Owners
2,574
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.14618 Keystone Avenue Monthly Cost
14618 Keystone Avenue Market Data
Based on the last 30 days in this zip code
$252,042
Average List Price
$211
Average Price per Square Foot
27
Properties Sold
43
Average Days on Market
86
Properties for Sale
14618 Keystone Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/7/2026Source: MRED | Active |
|
| 3/2/2026Source: MRED | Re-activated |
|
| 1/7/2026Source: MRED | Active |
|
| 1/2/2026Source: MRED | Re-activated |
|
| 10/12/2025Source: MRED | Active |
|
| 10/7/2025Source: MRED | $1,885,000 -6.9% |
|
| 10/7/2025Source: MRED | Price Change |
|
| 8/20/2025Source: MRED | Active |
|
| 8/15/2025Source: MRED | August 15, 2025 |