Listing provided courtesy of Real People RealtyMREDas Distributed by MLSGrid- MLS# 12643303MLS Provider

Harvey, IL 60426

Commercial · 20 Beds
$499,999 Active

Overview

Time on Site:
49 days
Visits:
0

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.

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Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 6700
  • Gross Scheduled Income: 80400
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 45876
  • Operating Expense: 34524
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1922

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Harvey

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $14,592.01
  • Tax Year: 2024

General Information

  • Parcel Number: 29173100140000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Basement: Finished
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 8600 SQUARE FEET

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 6

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 6

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 6

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 6

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 6

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 6

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Neighborhood

Community

60426 (Harvey) Demographics

36
Median Age
3,616
Population Density (per sq. mile)
17%
College Educated
$34,580
Estimated Median Income
5,377
Estimated Total Home Owners
4,661
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$164,108
Average List Price
$105
Average Price per Square Foot
16
Properties Sold
110
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
5/13/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Added to Database
May 11, 2026