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.
Property Details
Price:
$99,000
MLS #:
MRD12669664
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Neighborhood:
harvey
Listed Date:
Jun 5, 2026
Finished Sq Ft:
864
Year Built:
1959
See this Listing
Schools
School District:
205
Interior
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas, Forced Air
Interior Features
In-Law Floorplan
Exterior
Architectural Style
Step Ranch
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
2
Parking Features
Yes, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$1,614
Map
Community
- Address131 W 150TH Street Harvey IL
- CityHarvey
- CountyCook
- Zip Code60426
Market Summary
Current real estate data for Single Family in Harvey as of Jun 16, 2026
90
Single Family Listed
100
Avg DOM
110
Avg $ / SqFt
$149,427
Avg List Price
Property Summary
- 131 W 150TH Street Harvey IL is a Single Family for sale in Harvey, IL, 60426. It is listed for $99,000 and features 3 beds, 2 baths, and has approximately 864 square feet of living space, and was originally constructed in 1959. The current price per square foot is $115. The average price per square foot for Single Family listings in Harvey is $110. The average listing price for Single Family in Harvey is $149,427.
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Copyright 2026. All rights reserved.
131 W 150TH Street
Harvey, IL


