184 W 147th Street
Harvey, IL, 60426
$975,000
Beds
1 Baths
0 SqFt
0.33 Acres
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MLS #MRD12681020 image #0
Excellent opportunity to acquire a 20-unit studio apartment building in Harvey, IL. Conveniently located along busy 147th Street with approximately 23,000 vehicles per day, the property offers easy access to Interstates 57, 80, 94, and 294, major employers, public transportation, schools, healthcare, and retail amenities throughout Chicago’s south suburbs. Owned and maintained by the same ownership since 2012, the property features low-maintenance landscaping, with the parking lot to be repaved prior to closing or a credit provided to the purchaser. Current rents average approximately $750 per month with potential for future growth through continued operational improvements. Strong occupancy history and consistent demand have historically allowed ownership to rely primarily on on-site signage and referrals for leasing. An attractive workforce housing investment offering stable cash flow and value-add potential.

Property Details

Price:
$975,000
MLS #:
MRD12681020
Status:
Active
Beds:
0
Baths:
1
Type:
Commercial
Neighborhood:
harvey
Listed Date:
Jun 16, 2026
Total Sq Ft:
6,686
Lot Size:
14,679 sqft / 0.33 acres (approx)
Year Built:
1964
HarveyHarvey

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Schools

Interior

Exterior

Stories
2

Financial

Net Operating Income
$77,067
Tax Year
2025
Taxes
$40,591

Map

Community

Market Summary

Current real estate data for Commercial in Harvey as of Oct 04, 2026
8
Commercial Listed
137
Avg DOM
$420,562
Avg List Price

Property Summary

    184 W 147th Street Harvey IL is a Commercial for sale in Harvey, IL, 60426. It is listed for $975,000

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