272 E 148th Street Harvey, IL $ 269,950
272 E 148th Street
$ 269,950
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272 E 148th Street

Harvey, IL, 60426
$ 269,950
Bedrooms4 Baths5.0

Monthly Estimate*

$ 1,662

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Multi-Family Home for sale in Harvey, IL

for $269,950 with 4 bedrooms and 5 full baths. This home was built in 1963.

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.

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Multi-Family Active

Price

$ 269,950

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,753

Style

Year Built

1963

Town/City

Harvey

County/Region

Cook

MLS | Web ID

12538401

Features
General
Sewer Public Sewer
Heating Natural Gas Electric
Possession Closing Tenant's Rights
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1963
Township Thornton
Tax Year 2022
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Insurance Expense 1637
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions South Halsted N or S to 148th... East to address... Unit is on the South side of the street.
City Harvey
High School District 154
MLS Area Harvey
Tax Annual Amount 10753
Water Sewer Expense 2400
Standard Status Active
Middle/Junior School District 167
Elementary School District 152
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Interior
Basement Partially Finished Unfinished Full
Total Bedrooms 4
Total Baths 5
Bedrooms Possible 4
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Unassigned Yes Owned
Water Source Lake Michigan Public Shared Well
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 34 X 125
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Mi Casa

Broker

kvenceshomes@gmail.com

Email

Affordability Calculator

$2,558
Per Month
65%
35%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$896
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567286 Elementary School
565110 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$269,950 Listed Price

Map


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272 E 148th Street, Harvey, IL, 60426 is a Multi-Family Home for sale at $269,950. 272 E 148th Street has 4 bedrooms, 5.0 baths, and was built in 1963. The property's zip code is 60426 which is in Harvey, IL