272 E 148th Street Harvey, IL 60426
MULTI_FAMILY - Harvey, IL
- Added:
- Jan 28, 2026
- Days on Market:
- 63
- Last Refresh:
- Apr 1 at 6:06 am
Property Features for 272 E 148th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Basement, Bathroom 3, Bathroom 5, Bathroom 1
- Parking
- 4
- Parking features
- Owned, Assigned
- Basement
- Unfinished, Full, Partially Finished
- Standard status
- Pending
- APN
- 29084100090000
Taxes and HOA fees
- TaxYear
- 2022
- TaxAnnualAmount
- 10753
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Water source
- Well, Public
Building Details
- Year built
- 1963
- Building materials
- Brick
- Roof type
- Rubber
Listing agent Katherine Vences License #475189610 (773) 767-1616
Listing office RE/MAX Mi Casa 3958 W 55th St, Chicago, IL (773) 767-1616
Listing date Jan 28, 2026
MLS# 12556735
Listing URL
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.
Overview
Harvey Multifamily Investment Opportunity
This is a legal four-unit multifamily property with the potential to convert it into a six-unit building by completing the basement studios. The property generates approximately $4,000 per 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 capital expenditure items have already been completed, and the remaining work is primarily cosmetic. The 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 facilities are located in the basement. The configuration consists of one-bedroom, one-bathroom units. Five units are currently occupied. This property is an ideal value-add opportunity for investors seeking stable cash flow with future upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Harvey
- County
- Cook
- State
- Illinois
- Longitude
- -87.64036
- Latitude
- 41.620551
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit building with potential to convert to six units.
Where is this quadplex located?
The property is located at 272 E 148th Street Harvey, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Strong in‑place cash flow of approximately $4,000/month.; Opportunity to increase unit count from 4 to 6 by completing basement studios.; Separate, newer high‑efficiency furnaces and hot water heaters for each unit.
