Multi-Family: MLS #12643303 Harvey, IL $ 499,999
Multi-Family: MLS #12643303
$ 499,999
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Multi-Family: MLS #12643303

Harvey, IL, 60426
$ 499,999
Bedrooms20 Baths0.0

Monthly Estimate*

$ 3,079

MLS #/Web ID: 12643303 - Image 1

Multi-Family Home for sale in Harvey, IL

for $499,999 with 20 bedrooms. This home was built in 1922.

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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Multi-Family Active

Price

$ 499,999

Bedrooms

20

Property Type

Multi-Family

Taxes

$ 14,592

Style

Year Built

1922

Town/City

Harvey

County/Region

Cook

MLS | Web ID

12643303

Features
General
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1922
Tenant Pays Electricity Heat
Stories Count 3
Tax Year 2024
Gross Income 6700
County Cook
Net Operating Income 45876
Operating Expense 34524
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions 159th st east to Lexington ave north to the property
City Harvey
Number Of Units Total 6
MLS Area Harvey
Tax Annual Amount 14592.01
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Cap Rate 10.2
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Interior
Basement Finished
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Exterior
Lot Dimensions 8600 SQUARE FEET
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* Excluded Features
List By
Real People Realty

Broker

bear.mario@icloud.com

Email

Affordability Calculator

$4,295
Per Month
72%
28%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$1,216
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$499,999 Listed Price

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