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3-Unit Brick Triplex
For Sale
$280,000

16609 Emerald Avenue, Harvey, IL 60426

Residential Income, Harvey, IL

Property SizeContact for details
Days on Market49

Property Features for 16609 Emerald Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Basement, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Parking 2
Parking features Garage
Basement Finished, Full
Elementary school district 151
Middle school district 151
High school district 205
Directions Halsted to E 167th St. E to Emerald Ave. N to Property
Subdivision Harvey
Standard status Active
APN 29213130030000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10910

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1931
Building materials Brick
Listing Agency: eXp Realty
Listed By: Richard Mendez
Added: Aug 7 Changed: Sep 17 Last Checked: Sep 24 at 1:06AM
MLS# 12727057

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This three-unit brick multifamily property includes a studio with one bathroom on the first level and two additional units, each with two bedrooms and one bathroom. The building dates to 1931 and includes a garage, basement, natural-gas heating, and forced-air systems. A new roof was installed in 2024, followed by a new hot water heater and A/C in 2025.

The property is approximately five minutes from Wind Creek Casino and I-294, with access to dining, entertainment, major roadways, and public transportation. Public water and public sewer serve the building. The unit mix provides separate living spaces across the property and may accommodate an owner-occupant arrangement or multi-unit rental use, as described in the listing information.

Key Highlights

  • Three‑unit layout with one studio and two 2‑bedroom units
  • Studio includes 1 bath; each 2‑bedroom unit includes 1 bath
  • New roof installed in 2024

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Bakery Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 60426, IL

24,114
Population
10,870
Households
2.2
Avg Household Size
37
Median Age
10%
College-Educated
77%
High-School Grad
7.7 sq mi
ZIP Area
3,132
Density / Sq Mi
$40,995
Median Household Income
$29,712
Median Earnings
$987
Median Rent
$88,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Brick multifamily property with a studio and two two-bedroom units.
Where is this triplex located?
The property is located at 16609 Emerald Avenue Harvey, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Three‑unit layout with one studio and two 2‑bedroom units; Studio includes 1 bath; each 2‑bedroom unit includes 1 bath; New roof installed in 2024
More about this property
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