BEDS4
BATHS5 full
MLS#12556735
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 154
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Unfinished, Full
Heating: Natural Gas, Electric
Lot Size: 34 X 125
Roof Type: Rubber
Taxes: $10,753
Year Built: 1963
Feature Descriptions
Exterior: Brick
Lot Dimensions: 34 X 125
Parcel#: 29084100090000
Parking: Unassigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 12
Township: Thornton
Water: Lake Michigan, Public, Shared Well
Local Schools
School District: District 154
Listed By / Shown By
Listed By
Agency Name: RE/MAX Mi Casa
Agency Phone: 773-767-1616
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 1,550.56 per month $578.65 Principal & Interest $896.08 Property Tax $75.83 Homeowner's InsuranceChange Payment Information
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272 E 148th Street | MLS# 12556735
This multi-family property located at 272 E 148th Street, Harvey, IL 60426 is currently listed for sale with an asking price of $260,000. E 148th Street is located within the District 154 school district. Search Harvey real estate on www.bhhscrosby.com today.