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Brick 2-Unit Residential Income Property
For Sale
Contact for pricing
Pending

15616 Loomis Avenue, Harvey, IL 60426

Brick duplex with two 7-room units, separate heating and utilities, plus porches, hardwood floors, and a fenced yard.

Property SizeContact for details
Days on Market270

Property Features for 15616 Loomis Avenue

General Information

Standard status Pending
Property subtype Multifamily
Zoning MULTI

Additional Details

Fenced Yard Yes
Multifamily Units 2

Amenities

open front porches
hardwood floors
classic woodwork
enclosed rear porch

Building Details

Year Built 1923
Stories 2
Construction brick
Tenancy Multi
Listing Agency: Keller Williams Preferred Rlty
Listed By: Frank Montro · License #475128449
Source: Crexi
Added: Dec 12, 2025 Changed: Aug 8 Last Checked: Jul 24 at 4:14PM

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 Keller Williams Preferred Rlty

Investment Insights

Based on property information with market context.

This spacious brick 2-unit residential income property includes two separate units, each offering 7 rooms with 3 bedrooms and 2 full baths. The building has separate heating systems and utilities for each unit. Interior finishes include hardwood floors throughout, along with classic woodwork. Both levels feature charming open front porches, and there is an enclosed rear porch as well.

An unfinished basement is included with front and rear entries, offering room for additional development or storage. Outside, the property sits on an oversized lot with a large fenced yard and an existing garage slab in place.

The home is reported to be in good condition; however, it is being sold as-is.

Key Highlights

  • 1923 brick 2‑unit duplex with two 7‑room units, each offering 3 bedrooms and 2 full baths
  • Separate heating systems and separate utilities for each unit
  • Hardwood floors and classic woodwork throughout, with open front porches on both levels

Property Analytics

Current Use

15616 Loomis High School B E & Associates ... Storage Facility

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Law Firm 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

2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

915
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Brick duplex with two 7-room units, separate heating and utilities, plus porches, hardwood floors, and a fenced yard.
Where is this duplex located?
The property is located at 15616 Loomis Avenue Harvey, IL.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 1923 brick 2‑unit duplex with two 7‑room units, each offering 3 bedrooms and 2 full baths; Separate heating systems and separate utilities for each unit; Hardwood floors and classic woodwork throughout, with open front porches on both levels
(708) 307-0777 Call to check price and availability
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