Homes for sale - 14600 Loomis AVE, Harvey, IL 60426

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Brandy Graves

homesbybrandy8@gmail.com +1(815) 914-7752

$ 230,000

Est. payment | -/mo

6 Beds

2 Baths

3,484 Sqft Lot

Save

$ 230,000

Est. payment | -/mo

Save

6 Beds

2 Baths

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12470525

Bedrooms 6

Year Built 1961

Annual Tax Amount $8,497

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 3849

Property Sub-Type Two to Four Units

Property Description

This fully occupied brick 2-flat, featuring an additional garden apartment, presents a smart opportunity for investors seeking immediate income with room to grow. Both main units feature spacious layouts with three bedrooms and one bathroom, while the garden apartment offers one bedroom and one bathroom. The property has been well-maintained, offering a fenced yard and a two-car garage that can be kept for tenants or leveraged for additional income. With all units currently rented below market value, there is significant upside potential for an investor who wants to reposition rents and maximize cash flow. Located just minutes from I-57, I-294, and I-94, the property offers quick access to downtown Chicago and the surrounding suburbs. It's also near the Metra Electric Line, South Suburban College, Ingalls Memorial Hospital, and neighboring Homewood -areas that consistently draw tenant demand. This is a low-maintenance and high-opportunity building. Whether you're expanding your portfolio or searching for a solid first investment, this property offers stability today with clear upside tomorrow. Sold As-Is.

Location

State IL

County Cook

Area Harvey

Zoning MULTI

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 152 , 152, 205

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Krystle Bradley of Coldwell Banker Realty

GET MORE INFORMATION

Brandy Graves

Broker-Associate | Lic# 475175567

homesbybrandy8@gmail.com

+1(815) 914-7752

4962 Hononegah Rd, Roscoe, IL, 61073, USA

14600 Loomis AVE Harvey, IL 60426

Brandy Graves

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

14600 Loomis AVE