Date
Details
Price
Change
Source
12/31/2025
Listed
$269,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$269,950
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1/25
Property Description
Solid investment opportunity with strong in-place cash flow and upside potential. Legal 4-unit building with the ability to convert to a 6-unit by completing the basement studios. Currently generating approximately $4,000/month in gross income, with additional upside once the vacant unit is rented and basement units are completed. All leases include a 30-day vacancy clause upon sale. Major CapEx items have already been completed; remaining work is primarily cosmetic. Property features separate, newer high-efficiency furnaces and hot water heaters for each unit, separate electric panels and gas meters, newer windows, and a roof and gutters approximately 2 years old. Laundry located in the basement. Configuration consists of 1 bed / 1 bath units. Five units are currently occupied: Ideal value-add opportunity for investors seeking stable cash flow with future upside.
Full Property Details
Full Property Details for 272 E 148th St
General
- Price: $269,950
- Taxes: $10,753 (2022)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12538401
- Updated: 1/8/2026
- Added to Site: 16 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 5
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 4
- Parking Features: Unassigned, Yes, Owned
Location
- Area: Harvey
- County: Cook
- Township: Thornton
- Driving Directions: South Halsted N or S to 148th... East to address... Unit is on the South side of the street.
School Information
- School District: 152
- Elem School District: 152
- Midd School District: 167
- High School District: 154
Heating & Cooling
- Heating Type: Natural Gas, Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public, Shared Well
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Rubber
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 34 x 125
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,637
- Parking Included: Yes
- Assessment Year: 1963
- Tax Amount: $10,753
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 29084100090000
Listed by RE/MAX Mi Casa
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Listing agent
— 272 E 148th St —
RE/MAX Mi Casa
(630) 415-9109
NMLS#: 1598647
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Schools
Schools serving 272 E 148th St
School Districts:Harvey School District 152, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Bryant Elementary School 14700 Main Street, Harvey, IL 60426 | K-5 | 0.2 mi |
Brooks Middle School, Harvey, IL 14741 Wallace Street, Harvey, IL 60426 | 6-8 | 0.5 mi |
Thornton Township High School 15001 Broadway Avenue, Harvey, IL 60426 | 9-12 | 0.3 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 272 E 148th St
Tax History
Tax History for 272 E 148th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,624
-51%
$2,289
-40%
2022
$3,282
2%
$3,789
—
2021
$3,208
3%
$3,789
—
2020
$3,113
38%
$3,789
36%
2019
$2,262
3%
$2,789
—
2018
$2,190
2%
$2,789
—
2017
$2,154
22%
$2,789
14%
2016
$1,770
5%
$2,450
1%
2015
$1,693
12%
$2,436
11%
2014
$1,512
-7%
$2,187
-14%
2013
$1,618
4%
$2,539
—
2012
$1,559
—
$2,539
—
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 272 E 148th St
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 891Sq. Ft.
Listed by Newell Broadway (815) 325-2866
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,053Sq. Ft.
- Single Family
- Active
- Updated 19 hours ago
- 4Beds
- 2Total Baths
- 1,136Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 2Total Baths
- 1,295Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,025Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,147Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,165Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,375Sq. Ft.
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,727Sq. Ft.
Listed by Janeen DeWalt
272 E 148th Street, Harvey, IL 60426 (MLS# 12538401) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 272 E 148th Street is currently listed for $269,950 and was received on December 31, 2025. Want to learn more about 272 E 148th Street? 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.