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About the Listing 95406 - 950169
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.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Separate Per Unit
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 109 x 136
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
- Parking Features: 19-30 Spaces
Financial Details
- Tax Amount: $40,591
- Taxes w/Assessments: N/A
- Tax/Property ID: 29073060100000
- Tax Year: 2025
Payment Calculator
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Questions About..
184 W 147th St Harvey, IL 60426
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