$260,000

272 E 148th Street, Harvey, IL 60426

  • 4 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Pending
Data Last Updated:
February 14, 2026 at 3:19AM
Listing Office:
RE/MAX Mi Casa : 630-415-9109
Listing Agent:
Katherine Vences : 630-415-9109
MLS ID:
12556735
  • Basement: Partially FinishedUnfinishedFull
  • Heating: Natural GasElectric
  • Parking: UnassignedYesOwnedParking spaces: 4
  • Roofing: Rubber
  • General: Concrete Perimeter
  • HOA Amenities: CurbsSidewalksStreet LightsStreet Paved
  • Originating MLS: mred
  • School District: 152
  • County: Cook
  • Zoning: MULTI29084100090000
  • Water: Lake MichiganPublicShared Well
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Katherine Vences , RE/MAX Mi Casa

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rosa L Parks Middle School

14700 Robey Ave, Harvey, IL, 60426

Grades 5-8

0.40 miles away

R

Rosa L Parks Middle School

14700 Robey Ave, Harvey, IL, 60426

Grades 5-8

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.