169-171 Center Ave Harvey, IL 60426

This mixed-use property, known as Beacon on 154, is located at 169-171 E. 154th Street and 15341 Center Avenue in downtown Harvey, Illinois. The property consists of approximately 12,000 square feet and features 11 units. There are three retail units, fully occupied by Instant Tax Service, TruStar Beauty Bar & Suites, and EBJ Foundation resale store. Additionally, there are six occupied multi-family units, with value-add potential through the completion of the remaining two units on the third floor, which encompass approximately 1,525 square feet. The property offers below-market rents and the opportunity to transfer unit utilities, which are individually metered, to existing tenants. Basement storage is available. Recent renovations include improvements to the windows, plumbing, an exit stairway, a common area, and the roof. The property benefits from its location with a Pace bus stop in front of the building and proximity to the Metra station. It is situated in a new development corridor, near the upcoming Harvey Lofts, a 52-unit apartment development, and the Harvey Police Department Sub Station. The City of Harvey is located in Cook County, approximately 20 miles south of Chicago and 10 miles west of Hammond, Indiana, with accessibility to I-294, I-57, and I-80. Building signage is available.