131 W 150TH Street, Harvey, IL 60426

• 3 beds |
• 2 baths |
• 864 sqft

Property Description

131 E. 150th Street presents a compelling fix-and-flip or buy-and-hold investment opportunity in the growing South Suburban market. This solid brick ranch offers investors the chance to acquire a property with strong structural appeal and significant upside through renovation and repositioning. The home features a desirable single-story layout, spacious living areas, multiple bedrooms, original hardwood flooring, and a full unfinished basement with substantial additional storage and future finishing potential. While the property requires cosmetic and interior updates, the overall footprint and construction provide an excellent foundation for a value-add renovation. The exterior showcases durable brick construction and attractive curb appeal, while the interior offers an opportunity to modernize the kitchen, bathrooms, flooring, lighting, and finishes to maximize resale value or rental income. The large basement presents additional possibilities for recreation space, storage, or expanded living areas, subject to local requirements. Located on a residential block with convenient access to schools, transportation, shopping, and major employment corridors, this property is well-positioned for investors seeking a project with multiple exit strategies. Whether renovated for resale, added to a rental portfolio, or utilized as a long-term wealth-building asset, 131 E. 150th Street offers the potential to create substantial equity through strategic improvements. Opportunities to acquire brick homes with this level of renovation upside are becoming increasingly limited. Investors looking for their next value-add project should take a serious look at the potential offered by 131 E. 150th Street.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 1:20AM

Listing Office:

EXIT Strategy Realty : 312-554-5478

Listing Agent:

Ja'Mal Green : 708-574-3498

MLS ID:

12669664

Interior

• General: In-Law Floorplan
• Rooms: Screened Porch
• Basement: FinishedFullWalk-Out Access
• A/C: Central Air
• Heating: Natural GasForced Air
• Fireplace: Gas StarterFireplaces: 1
• Disability Feature: None

Exterior

• Style: Step Ranch
• Parking: YesDetachedGarageParking spaces: 2

Construction

• Roofing: Asphalt
• General: Raised RanchConcrete Perimeter

Location

• HOA Amenities: 0.0Not Applicable
• Originating MLS: mred
• School District: 147
• County: Cook

Lot

• Zoning: 29074160440000
• Fencing: Fenced

Utilities

• Utilities: Circuit Breakers100 Amp Service
• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple