BEDS0
BATHS
SQUARE FEET6,948
MLS#12643303
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional 6-unit brick multi-family investment property in Harvey's south suburban Cook County market. Building features six fully rehabbed 3-bedroom, 1-bathroom apartments across three stories of solid masonry construction - all fully leased. Unit rents vary by floor with a strong income profile. Above-market cap rate relative to the Chicago metro average - see financial tab for full figures. Tenants pay electric and heat. Landlord expenses limited to water, garbage, and insurance. DSCR loan eligible - qualifies on property income, not personal W-2 documentation. The property also includes a finished garden-level basement space with kitchen, bathroom, and bedroom - not a legal dwelling unit per Cook County Assessor records; see Property Disclosure Addendum. $35,000 in recent capital improvements including cabinets, flooring, countertops, and fixtures. Convenient Metra and Pace Bus access serving the south suburban Cook County market. Close to retail and neighborhood services. All financial figures are estimates based on current occupancy - buyer and their advisors should independently verify all figures prior to closing. See Property Disclosure Addendum regarding garden-level basement space. Sold As-Is. Real People Realty. Equal Housing Opportunity.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.20 Acres
Stories: 3.0
Taxes: $14,592
Year Built: 1922
Feature Descriptions
Current Use: Multi-Family
Electric: Separate Meters
Exterior: Brick
Foundation: Concrete Perimeter
HVAC: Forced Air
Lot Dimensions: 8600 SQUARE FEET
Parcel#: 29173100140000
Tenant Pays: Electricity, Heat
Units: 6
Listed By / Shown By
Listed By
Agency Name: Real People Realty
Agency Phone: 815-469-7449
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,474.62 per month $1,112.78 Principal & Interest $1,216.00 Property Tax $145.83 Homeowner's InsuranceChange Payment Information
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15633 Lexington Avenue | MLS# 12643303
This multi-family property located at 15633 Lexington Avenue, Harvey, IL 60426 is currently listed for sale with an asking price of $499,999. Search Harvey real estate on www.bhhscrosby.com today.