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$195,000
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Property Description
Welcome to 14602 Loomis Ave-an excellent opportunity to add a fully occupied, income-producing property to your portfolio. This solid three-unit building is being delivered tenant-occupied, allowing the new owner to collect rental income from day one. Each unit offers functional layouts and steady tenancy, making this a turnkey investment with immediate cash flow. Located near major roadways, public transportation, and local conveniences, this property provides strong rental demand and long-term potential. Whether you're expanding your portfolio or stepping into multi-unit investing, this is a reliable addition with instant returns. Don't miss out on this opportunity-schedule your showing today!
Full Property Details
Full Property Details for 14602 Loomis Ave
General
- Price: $195,000
- Taxes: $8,497 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12525690
- Updated: 1/14/2026
- Added to Site: 46 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Yes, Detached, Off-Street, Garage
Location
- Area: Harvey
- County: Cook
- Township: Thornton
- Driving Directions: From I-57: Take Exit 349 for 147th St/Sibley Blvd. Head west on 147th St. Continue straight for about 1 mile. Turn left (south) onto Loomis Ave. Continue a short distance-14602 Loomis Ave will be on your right.
School Information
- School District: 147
- Elem School District: 147
- Midd School District: 147
- High School District: 205
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Storm Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1961
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $8,497
- Tax Year: 2023
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 29081220410000
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Schools
Schools serving 14602 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 14602 Loomis Ave
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$195,000
-2.35%
MLS
12/29/2025
Price Reduced
$199,700
-0.05%
MLS
12/26/2025
Price Reduced
$199,800
-0.05%
MLS
12/18/2025
Price Reduced
$199,900
-2.49%
MLS
12/10/2025
Price Reduced
$205,000
-2.38%
MLS
12/01/2025
Listed
$210,000
233.33%
MLS
7/31/2018
Sold
$63,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14602 Loomis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,497
6%
$12,999
32%
2022
$8,018
4%
$9,859
—
2021
$7,745
-3%
$9,859
—
2020
$7,959
-21%
$9,859
-24%
2019
$10,037
2%
$12,934
—
2018
$9,794
2%
$12,934
—
2017
$9,570
34%
$12,934
17%
2016
$7,152
4%
$11,048
—
2015
$6,868
—
$11,048
—
2014
$6,851
-8%
$11,048
-10%
2013
$7,464
5%
$12,271
—
2012
$7,132
—
$12,271
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14602 Loomis Ave
14602 Loomis Avenue, Harvey, IL 60426 (MLS# 12525690) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 14602 Loomis Avenue is currently listed for $195,000 and was received on December 01, 2025. Want to learn more about 14602 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.

