Harvey, IL 60426,272 E 148th ST
Harvey, IL 60426,272 E 148th ST
Harvey, IL 60426,272 E 148th ST
25
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$260,000
Est. payment /mo
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4 Beds
5 Baths
Active Under Contract

272 E 148th ST Harvey, IL 60426

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Ariel Manlapaz

Ariel Manlapaz

+1(847) 924-7177

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12556735

Bedrooms 4

Year Built 1963

Annual Tax Amount $10,753

Tax Year 2022

Lot Dimensions 34 X 125

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Harvey

Zoning MULTI

Rooms

Basement Partially Finished, Unfinished, Full

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public, Shared Well

Structure Type Brick

New Construction false

Schools

School District 152 , 167, 154

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Katherine Vences of  RE/MAX Mi Casa 

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Whittier Elementary School

    Public | KG - 6

  • 6

    McKinley Elementary School

    Public | 4 - 5

  • 5

    Sandburg Elementary School

    Public | KG - 6

  • 5

    R. Brown Elementary Community Academy

    Public | PK - 8

  • 5

    Lincoln Elementary School

    Public | KG - 6

  • 4

    Whittier Elementary School

    Public | 4 - 5

  • 4

    Woodland School

    Public | 1 - 4

  • 4

    Lincoln Elementary School

    Public | KG - 3

  • 4

    Martin L King Elementary School

    Public | PK - 5

  • 4

    Riverdale School

    Public | KG - 4

  • 4

    Washington Elementary School

    Public | KG - 6

  • 4

    Franklin Elementary School

    Public | KG - 6

  • 3

    Maya Angelou Elementary School

    Public | KG - 6

  • 2

    Lincoln Elementary School

    Public | PK - 5

  • 2

    Aldridge Elementary School

    Public | PK - 8

  • 1

    Washington Elementary School

    Public | PK - 5

  • 1

    Dr Ralph Bunche School

    Public | 1 - 4

  • 1

    Lowell-Longfellow Elementary School

    Public | KG - 6

  • 1

    Bryant Elementary School

    Public | KG - 6

  • 1

    Holmes Elementary School

    Public | KG - 6

Middle Schools 10
  • 6

    McKinley Jr High School

    Public | 6 - 8

  • 5

    Calumet Elementary School

    Public | 6 - 8

  • 4

    Everett F Kerr Middle School

    Public | 6 - 8

  • 4

    Rosa L Parks Middle School

    Public | 6 - 8

  • 4

    Roosevelt Junior High School

    Public | 7 - 8

  • 3

    Coolidge Middle School

    Public | 6 - 8

  • 2

    Brooks Middle School

    Public | 7 - 8

  • 1

    Washington Junior High School

    Public | 7 - 8

  • 1

    Lincoln Junior High School

    Public | 7 - 8

  • 0

    Robert Frost Middle School

    Public | 7 - 8

High Schools 4
  • 1

    Thornton Township High School

    Public | 9 - 12

  • 1

    Thornwood High School

    Public | 9 - 12

  • 1

    Thornridge High School

    Public | 9 - 12

  • 0

    Academy for Learning

    Public | 9 - 12

School and business data provided by Attom Data.

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Ariel Manlapaz

Ariel Manlapaz

Real Estate Consultant | License ID: 475173895

+1(847) 924-7177

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