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Property Description
Exceptional 6-unit brick multi-family investment property offering strong in-place income and immediate value-add upside. The building features six rehabbed 3-bedroom apartments, all fully leased with solid monthly rental income. Units have been recently updated, reducing near-term capital expenditure needs for the next owner. The property also includes a finished garden-level unit featuring a full kitchen, bathroom, and bedroom space, previously used as a residential unit. This space represents significant additional income potential upon buyer's completion of due diligence. Conveniently located with access to Metra and Pace Bus transit serving the south suburban Cook County market. Close to retail and neighborhood services. A rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in a supply-constrained price range. All financial figures are based on current full occupancy and are estimates - buyer and their advisors should independently verify all figures prior to closing. Sold As-Is. Real People Realty. Equal Housing Opportunity.
Full Property Details
Full Property Details for MLS# 12643303
General
- Price: $499,999
- Taxes: $14,592 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12643303
- Updated: 5/11/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: Finished
Location
- Area: Harvey
- County: Cook
- Driving Directions: 159th st east to Lexington ave north to the property
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished
- Stories/Levels: 3
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Dimensions: 8600 SQUARE FEET
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $34,524
- Assessment Year: 1922
- Tax Amount: $14,592.01
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 29173100140000
Listed by Real People Realty
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Schools
Schools serving MLS# 12643303
School Districts:Harvey School District 152, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Whittier Elementary School, Harvey, IL 71 East 152nd Street, Harvey, IL 60426 | K-5 | 0.7 mi |
Brooks Middle School, Harvey, IL 14741 Wallace Street, Harvey, IL 60426 | 6-8 | 1.5 mi |
Thornton Township High School 15001 Broadway Avenue, Harvey, IL 60426 | 9-12 | 0.8 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 MLS# 12643303
Date
Details
Price
Change
Source
5/08/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales 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 MLS# 12643303
MLS# 12643303, Harvey, IL 60426 (MLS# 12643303) is a Commercial property. MLS# 12643303 is currently listed for $499,999 and was received on May 08, 2026. Want to learn more about MLS# 12643303? 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.

