Freestanding Mixed-Use
For Sale
$120,000
256 East 157th Street, Harvey, IL 60426
Includes a commercial storefront and one-bedroom apartment with updated building systems.
Property Size3,621 SF
Price / SF$33.14
Days on Market531
Property Features for 256 East 157th Street
General Information
Standard status
Active
Size
3,621 SF
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$9,771
Building Details
Year Built
1944
Stories
1
Listing Agency:
T Cotton & Associates Realty, LLC
(708) 699-8945
Listed By:
Tyrone Cotton · License #471018989
(708) 699-8945
Source:
Compass
Added: Mar 20, 2025
Changed: Aug 31
Last Checked: Aug 31 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of T Cotton & Associates Realty, LLC
Investment Insights
Based on property information with market context.
This 3,621-square-foot mixed-use property combines a freestanding commercial storefront with a one-bedroom apartment. The storefront was previously used for liquor and grocery sales, while the residential component provides a separate apartment layout within the building. Property improvements include a roof installed in 2016, copper piping, updated electrical work, and plumbing updates. Built in 1944, the building is zoned MULTI and is offered in its existing condition.
Located at 256 East 157th Street in Harvey, Illinois, the property presents a combined commercial and residential configuration in a single building. The existing layout and completed system upgrades provide a clear factual basis for evaluating the asset's current use and future plans.
Located at 256 East 157th Street in Harvey, Illinois, the property presents a combined commercial and residential configuration in a single building. The existing layout and completed system upgrades provide a clear factual basis for evaluating the asset's current use and future plans.
Key Highlights
- 3,621 SF mixed‑use building
- Freestanding commercial storefront with prior liquor and grocery use
- One‑bedroom apartment included
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a commercial storefront and one-bedroom apartment with updated building systems.
Where is this mixed-use property located?
The property is located at 256 East 157th Street Harvey, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 3,621 SF mixed‑use building; Freestanding commercial storefront with prior liquor and grocery use; One‑bedroom apartment included
