$1,100,000
( $164.52Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

184 W 147th Street,Harvey, IL 60426

Harvey, IL 60426

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Description

Excellent opportunity to acquire a 20-unit studio apartment building in Harvey, IL. Conveniently located along busy 147th Street with approximately 23,000 vehicles per day, the property offers easy access to Interstates 57, 80, 94, and 294, major employers, public transportation, schools, healthcare, and retail amenities throughout Chicago's south suburbs. Owned and maintained by the same ownership since 2012, the property features low-maintenance landscaping, with the parking lot to be repaved prior to closing or a credit provided to the purchaser. Current rents average approximately $750 per month with potential for future growth through continued operational improvements. Strong occupancy history and consistent demand have historically allowed ownership to rely primarily on on-site signage and referrals for leasing. An attractive workforce housing investment offering stable cash flow and value-add potential.

Details

MLS #12681020
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1964
Days On Site103
Listing Provided ByMR. LANDMAN | Jon Fisher

Features

SQ Feet6,686
Story(s)2
Units20
ZoningMULTI
Acreage0.33

Taxes

Tax Year2025
Tax Annual Amount40591

Area Information

StateIL
CountyCook
CityHarvey
Zip Code60426
AreaHarvey
Listing VS Median (in 60426)
Price:
$1,100,000
low | high
Med:
$150,000
100% of Average
sqft:
6,686
low | high
Med:
2,075
100% of Average
$ / sqft:
$165
low | high
Med:
$97
90.937862527716% of Average
On site:
103
low | high
Med:
76
100% of Average
Sourced by Back At You

Market Activity 60426

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Learn More About This Property

StateIL
CountyCook
CityHarvey
Zip Code60426
AreaHarvey
Listing VS Median (in 60426)
Price:
$1,100,000
low | high
Med:
$150,000
100% of Average
sqft:
6,686
low | high
Med:
2,075
100% of Average
$ / sqft:
$165
low | high
Med:
$97
90.937862527716% of Average
On site:
103
low | high
Med:
76
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:00:45 PM PDT