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    15437 Broadway Ave Harvey, IL 60426

    Sponsored
    For Sale
    $199,900

    11-Room Office Building, Ample Parking, Near Hospital.

    Property size:
    2,700 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 2,700 square foot commercial property located at 15437 Broadway Avenue in Harvey, IL presents a unique investment opportunity. The building boasts a distinctive black and grey brick exterior and offers 11 versatile rooms suitable for a variety of uses, including offices, meeting rooms, or other functional spaces. Four bathrooms provide ample convenience for occupants and guests. A kitchen area is included, perfect for a break room or meal preparation. The property also features an attached one-car garage, offering valuable storage or parking. Ample additional parking is available for 15-20 vehicles in front of the building. Its strategic location directly across from a Metro station ensures easy access to public transportation, a significant advantage for employees and clients. The property's proximity to the University of Chicago Ingalls Hospital offers potential for businesses seeking to serve the hospital's staff and patients, or benefit from the increased foot traffic and potential clientele associated with a growing medical community. Furthermore, the property is situated in an area targeted for city redevelopment plans, presenting significant long-term growth potential. This combination of features makes this property an attractive option for businesses seeking a well-equipped, conveniently located office space in a developing area.

    Property Features for 15437 Broadway Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,700 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harvey
    County
    Cook
    State
    Illinois
    Longitude
    -87.6443
    Latitude
    41.60855

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    FAQs

    What type of property is this?
    Commercial real estate - 11-Room Office Building, Ample Parking, Near Hospital.
    Where is this commercial real estate located?
    The property is located at 15437 Broadway Ave Harvey, IL.
    What is the asking price?
    The asking price for this property is $199,900.
    (773) 451-1200
    Request Owner's contact information
    15437 Broadway Ave 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
    15437 Broadway Ave Harvey, IL 60426
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