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$280,000 Just Listed
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Property Description
3-Unit Multi-Family Investment Opportunity - Minutes from Wind Creek Casino & I-294!Take advantage of this well-located 3-unit property in Harvey, IL, offering a 1-bedroom 1 bath on the frist level and 2-bedroom 1 bath in 2-units - ideal for investors seeking rental income or an owner-occupant looking to house-hack. Situated just 5 minutes from Wind Creek Casino & I-294, residents enjoy easy access to dining, entertainment, and steady rental demand.Each unit offers its own layout and living space, giving tenants flexibility while providing the owner multiple income streams under one roof. With convenient access to major roadways, public transportation, and the South Suburbs' expanding development corridor, this is a solid addition to any rental portfolio or a smart first step into multi-family ownership.Whether you're a seasoned investor expanding your holdings or a buyer looking to live in one unit while renting the others, this property offers the flexibility and location to make it work. New roof in 2024, new furnace, hot water heater and A/C in 2025
Full Property Details
Full Property Details for 16609 Emerald Ave
General
- Price: $280,000
- Taxes: $10,909 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12727057
- Updated: 8/7/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Harvey
- County: Cook
- Township: Thornton
- Driving Directions: Halsted to E 167th St. E to Emerald Ave. N to Property
School Information
- School District: 151
- Elem School District: 151
- Midd School District: 151
- High School District: 205
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1931
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 133 x 60
Financial Considerations
- Assessment Year: 1931
- Tax Amount: $10,909.86
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 29213130030000
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Schools
Schools serving 16609 Emerald Ave
School Districts:South Holland School District 151, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Taft School 393 East 163rd Street, Harvey, IL 60426 | PK-1 | 0.5 mi |
Madison School, South Holland, IL 15700 Orchid Drive, South Holland, IL 60473 | 4-5 | 2.2 mi |
Eisenhower School, South Holland, IL 16001 Minerva Avenue, South Holland, IL 60473 | 2-3 | 2.6 mi |
Coolidge Middle School, Phoenix, IL 15500 7th Avenue, Phoenix, IL 60426 | 6-8 | 1.4 mi |
Thornwood High School 17101 South Park Avenue, South Holland, IL 60473 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16609 Emerald Ave
Date
Details
Price
Change
Source
8/07/2026
Listed
$280,000
229.41%
MLS
10/27/2023
Sold
$85,000
—
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 16609 Emerald Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,053
28%
$15,000
27%
2022
$4,743
1582%
$11,833
—
2021
$282
11%
$11,833
—
2020
$253
-10%
$11,833
8%
2019
$280
3%
$10,921
—
2018
$273
-72%
$10,921
—
2017
$991
-45%
$10,921
14%
2016
$1,802
-1%
$9,618
—
2015
$1,820
3%
$9,618
—
2014
$1,771
4%
$9,618
-4%
2013
$1,697
10%
$9,998
—
2012
$1,541
—
$9,998
—
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 16609 Emerald Ave
16609 Emerald Avenue, Harvey, IL 60426 (MLS# 12727057) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 16609 Emerald Avenue is currently listed for $280,000 and was received on August 07, 2026. Want to learn more about 16609 Emerald 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.

