14915 Washington Avenue Harvey, IL $ 419,500
14915 Washington Avenue
$ 419,500
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14915 Washington Avenue

Harvey, IL, 60426
$ 419,500
Bedrooms13 Baths0.0

Monthly Estimate*

$ 2,649

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Multi-Family Home for sale in Harvey, IL

for $419,500 with 13 bedrooms. This home was built in 1961.

Rare opportunity to own a turnkey 6-unit multifamily property featuring six spacious 2-bedroom, 1-bathroom units in Harvey. The property is currently cash-flowing with established rental income, making it an attractive opportunity for both experienced investors and those looking to expand their multifamily portfolio. Each unit offers a practical 2BR/1BA layout, while the property's turnkey condition allows a new owner to focus on operations and maximizing long-term returns rather than taking on a major renovation project. The property also offers significant value-add potential, with an opportunity to increase rental income through future rent optimization, improved management, and continued stabilization.

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Multi-Family Active

Price

$ 419,500

Bedrooms

13

Property Type

Multi-Family

Taxes

$ 10,151

Style

Year Built

1961

Town/City

Harvey

County/Region

Cook

MLS | Web ID

12764075

Features
General
Cooling Wall Sleeve
Zoning MULTI
Construction Materials Brick
Year Built 1961
Tenant Pays Electricity Heat
Stories Count 2
Tax Year 2025
Gross Income 66720
Additional Parcels Description 29084190120000
County Cook
Net Operating Income 47195
Operating Expense 19524
Insurance Expense 6000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 4300
Status New
Directions North Up Washington Ave the block around E 149th st and Washington Ave
City Harvey
Number Of Units Total 6
MLS Area Harvey
Tax Annual Amount 10151
Electric Expense 1039
Fuel Expense 1190
Trash Expense 1380
Water Sewer Expense 6414
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 11.2
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 30x150
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* Excluded Features
List By
Fulton Grace Realty

Broker

minhhuynhrealty@gmail.com

Email

Affordability Calculator

$3,495
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,649
Monthly Property Taxes
$846
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/21/2026$419,500 Listed Price

Map


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14915 Washington Avenue, Harvey, IL, 60426 is a Multi-Family Home for sale at $419,500. 14915 Washington Avenue has 13 bedrooms, 0.0 baths, and was built in 1961. The property's zip code is 60426 which is in Harvey, IL