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$230,000
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Property Description
This fully occupied brick 2-flat, featuring an additional garden apartment, presents a smart opportunity for investors seeking immediate income with room to grow. Both main units feature spacious layouts with three bedrooms and one bathroom, while the garden apartment offers one bedroom and one bathroom. The property has been well-maintained, offering a fenced yard and a two-car garage that can be kept for tenants or leveraged for additional income. With all units currently rented below market value, there is significant upside potential for an investor who wants to reposition rents and maximize cash flow. Located just minutes from I-57, I-294, and I-94, the property offers quick access to downtown Chicago and the surrounding suburbs. It's also near the Metra Electric Line, South Suburban College, Ingalls Memorial Hospital, and neighboring Homewood -areas that consistently draw tenant demand. This is a low-maintenance and high-opportunity building. Whether you're expanding your portfolio or searching for a solid first investment, this property offers stability today with clear upside tomorrow. Sold As-Is.
Full Property Details
Full Property Details for 14600 Loomis Ave
General
- Sold For: $230,000
- Taxes: $8,497 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12470525
- Added to Site: 125 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Harvey
- County: Cook
- Driving Directions: Sibley to Loomis, north to property
School Information
- School District: 152
- Midd School District: 152
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1961
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3849
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $8,497
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 29081220400000
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Schools
Schools serving 14600 Loomis Ave
School Districts:Harvey School District 152, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Brooks Middle School, Harvey, IL 14741 Wallace Street, Harvey, IL 60426 | 6-8 | 1.1 mi |
Thornton Township High School 15001 Broadway Avenue, Harvey, IL 60426 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14600 Loomis Ave
Date
Details
Price
Change
Source
10/31/2025
Sold
$230,000
—
MLS
9/12/2025
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14600 Loomis Avenue, Harvey, IL 60426 (MLS# 12470525) is a Multi-Family property that was sold at $230,000 on October 31, 2025. This property was listed by Krystle Bradley from our Oak Lawn Office.Want to learn more about 14600 Loomis Avenue? Do you have questions about finding other Multi-Family real estate for sale in Harvey? You can browse all Harvey real estate or contact a Coldwell Banker agent to request more information.


