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Four-Unit Income Property with Garage
For Sale
$180,000

15736 Lathrop Avenue, Harvey, IL 60426

Four rented units in Harvey with a side lot and a large two-car garage featuring eight-foot doors.

Property SizeContact for details
Days on Market110

Property Features for 15736 Lathrop Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Two to Four Units / 4 Flat
Zoning MULTI

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,355

Building Details

Year Built 1915
Year Renovated 2021
Listing Agency: RE/MAX Mi Casa
Listed By: Salvador Gonzalez · License #475122447
Source: Compass
Added: May 7 Changed: Aug 23 Last Checked: Aug 24 at 12:18PM

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 RE/MAX Mi Casa

Investment Insights

Based on property information with market context.

This four-unit income property is offered as-is and includes a side lot with an additional parcel. The building is separately metered with five electrical meters and four gas meters, supporting independent utility arrangements for the units. A new tear-off roof was completed in 2021.

The property is located in the heart of Harvey, IL, at 15736 Lathrop Avenue. In addition to the main building, there is an oversized two-car garage. The garage measures approximately 25 by 21 feet and provides eight-foot doors, offering practical storage and access for tenants or future occupants.

For buyers looking for a straightforward rental asset, the building is currently rented and producing income, according to the seller’s remarks. The combination of multiple units, separate utility metering, and the oversized garage can be a useful fit for investors and owner-operators seeking an income property with on-site space for vehicles and storage. Please note that the property is sold as-is.

Key Highlights

  • Four‑unit income property in Harvey, built in 1915, sold as‑is
  • Side lot included with an extra PIN
  • Oversized 2‑car garage (25' x 21') with eight‑foot doors

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

512
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four rented units in Harvey with a side lot and a large two-car garage featuring eight-foot doors.
Where is this quadplex located?
The property is located at 15736 Lathrop Avenue Harvey, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Four‑unit income property in Harvey, built in 1915, sold as‑is; Side lot included with an extra PIN; Oversized 2‑car garage (25' x 21') with eight‑foot doors
More about this property
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