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    14616 Loomis Ave Harvey, IL 60426

    Under Contract
    For Sale
    $235,000

    Residential Income - Harvey, IL

    Days on Market:
    29
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 14616 Loomis Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    29081220460000
    Parking
    2

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1961
    Roof type
    Asphalt
    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Zelia Cato (708) 429-4300 License #475134802

    Listing date Nov 9, 2025

    MLS# 12504418 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Brick 3-Unit Building

    This well-maintained brick 3-unit building presents an investment opportunity. The property features two 3-bedroom apartments and one 2-bedroom garden unit. All units are currently occupied by long-term tenants. The first and second-floor apartments include hardwood flooring and eat-in kitchens. The garden apartment features ceramic tile flooring. Each unit is equipped with a refrigerator and range. The property includes a coin-operated washer and dryer with a laundry tub. Newer furnaces were installed in 2020 and 2023, and the roof was replaced in 2018. The property also features an updated sump pump system and improved back porch areas. The garden apartment rent is below market value because the tenant assists with building maintenance in exchange for a rent credit. The property is located in Harvey, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harvey
    County
    Cook
    State
    Illinois
    Longitude
    -87.6514238
    Latitude
    41.6237513

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    FAQs

    What type of property is this?
    Triplex - Well-maintained 3-unit building with long-term tenants and updated systems.
    Where is this triplex located?
    The property is located at 14616 Loomis Ave Harvey, IL.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Well-maintained brick 3-unit building offering an exceptional investment opportunity.; - Fully occupied with long-term, dependable tenants.; - Newer furnaces (installed in 2020 and 2023) and newer roof (2018).
    (708) 429-4300
    Request Owner's contact information
    14616 Loomis Ave Harvey, IL 60426
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    Harvey, IL 60426
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14616 Loomis Ave Harvey, IL 60426
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