BEDS0
BATHS
SQUARE FEET6,686
MLS#12681020
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent opportunity to acquire a 20-unit studio apartment building in Harvey, IL. Conveniently located along busy 147th Street with approximately 23,000 vehicles per day, the property offers easy access to Interstates 57, 80, 94, and 294, major employers, public transportation, schools, healthcare, and retail amenities throughout Chicago's south suburbs. Owned and maintained by the same ownership since 2012, the property features low-maintenance landscaping, with the parking lot to be repaved prior to closing or a credit provided to the purchaser. Current rents average approximately $750 per month with potential for future growth through continued operational improvements. Strong occupancy history and consistent demand have historically allowed ownership to rely primarily on on-site signage and referrals for leasing. An attractive workforce housing investment offering stable cash flow and value-add potential.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.33 Acres
Stories: 2.0
Taxes: $40,591
Year Built: 1964
Feature Descriptions
HVAC: Separate Per Unit
Lot Dimensions: 109 x 136
Parcel#: 29073060100000
Parking: 19-30 Spaces
Units: 20
Listed By / Shown By
Listed By
Agency Name: MR. LANDMAN
Agency Phone: 217-202-0924
Shown By
Agent Name: Karen Barbagallo
Agent Phone: (815) 988-5577
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 8,699.96 per month $4,996.54 Principal & Interest $3,382.58 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
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184 W 147th Street | MLS# 12681020
This multi-family property located at 184 W 147th Street , Harvey, IL 60426 is currently listed for sale with an asking price of $1,100,000. Search Harvey real estate on kbarbagallo.gogambino.com today.