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$120,000

  • For Sale
  • Active
  • Commercial
  • 2,400 Sq. Ft.
See This Home
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See This Home
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Back on the market and priced to sell! SOLD AS IS! Great investment opportunity with solid cash flow. This property features a commercial freestanding storefront, previously used as a liquor and grocery store, and a 1-bedroom apartment for additional rental income. Recent upgrades include a new roof (2016), copper piping, updated electrical, and plumbing. Ideal for cash buyers looking to add value to the neighborhood. Serious, pre-approved buyers only. Cash offers preferred.

Full Property Details for 256 E 157th St

General

  • Price: $120,000
  • Taxes: $9,771 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12489729
  • Updated: 10/12/2025
  • Added to Site: 103 day(s) ago

Interior

  • Interior Features: Other
  • Flooring: Tile

Additional Information

  • Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s)

Location

  • Area: Harvey
  • County: Cook
  • Township: Thornton
  • Driving Directions: Take Halsted Street to 157th St. and go West to the property. The Property is on the south side of the street.
  • Location Details: South Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat, Gas

Utilities

  • Onsite: Electricity Available, Natural Gas Available, Water Available

Structural Information

  • Construction: Brick, Block, Frame
  • Exterior Const.: Brick, Block, Frame
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel
  • Sub-Flooring: Tile
  • Stories/Levels: 1
  • Square Feet: 2,400
  • # of Stores: 1
  • Year Built: 1944
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Size (Sq. Ft.): 3,621
  • Lot Dimensions: 120.7 x 30
  • Drainage: Floor Drains
  • Zoning: MULTI

Financial Considerations

  • Lease Price: $10
  • Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s
  • Assessment Year: 1944
  • Tax Amount: $9,771
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat, Janitorial Service, Insurance, Sewer, Other

Disclosures and Reports

  • Property ID: 29174080480000

Listed by T Cotton & Associates Realty, LLC

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Listing agent

— 256 E 157th St —

  • T Cotton & Associates Realty, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 256 E 157th St

School Districts:Harvey School District 152, Thornton Township High School District 205
NameGradesDistance
Holmes Elementary School, Harvey, IL
16000 Carse Avenue, Harvey, IL 60426
K-50.4 mi
Brooks Middle School, Harvey, IL
14741 Wallace Street, Harvey, IL 60426
6-81.3 mi
Thornton Township High School
15001 Broadway Avenue, Harvey, IL 60426
9-120.9 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 256 E 157th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2025
Listed
$120,000
-14.29%
MLS
1/27/2017
Sold
$140,000
—
Public Record
Get Price Alerts and Save Property
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 for 256 E 157th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,543
-2%
$14,599
22%
2022
$9,771
4%
$12,015
—
2021
$9,439
-3%
$12,015
—
2020
$9,699
20%
$12,015
16%
2019
$8,065
2%
$10,393
—
2018
$7,870
2%
$10,393
—
2017
$7,689
18%
$10,393
3%
2016
$6,542
4%
$10,106
—
2015
$6,282
—
$10,106
—
2014
$6,267
-11%
$10,106
-13%
2013
$7,067
239%
$11,618
224%
2012
$2,082
—
$3,583
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by T Cotton & Associates Realty, LLC

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256 E 157th Street, Harvey, IL 60426 (MLS# 12489729) is a Commercial property. 256 E 157th Street is currently listed for $120,000 and was received on October 06, 2025. Want to learn more about 256 E 157th Street? Do you have questions about finding other Commercial real estate for sale in Harvey? You can browse all Harvey real estate or contact a Coldwell Banker agent to request more information.

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