Mixed-Use Property in Downtown
169-171 E 154th St & 15341 Center Ave, Harvey, IL 60426
Mixed-use property with retail and multi-family units in Harvey, Illinois.
Type:Multifamily
Property size:
12,000 SFPrice / SF:
$32/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 6 at 12:41 am
Property Features for 169-171 E 154th St & 15341 Center Ave
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Multifamily
Listing agent Karen Kulczycki, CCIM, SIOR License #IL #471020279 (630) 330-3352
Listing office (630) 330-3352
Listing date Nov 21, 2025
Source Svnchicago
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 Karen Kulczycki, CCIM, SIOR
HighLights
- Mixed‑Use Property: Diversified income streams from 3 retail units (100% occupied) and 6 occupied multi‑family units.
- Value‑Add Opportunity: Completion of 2 remaining third‑floor units (±1,525 SF) offers immediate upside.
- Below Market Rents: Opportunity to increase rental income to market rates.
- Recent Renovations: Windows, plumbing, exit stairway, common area, and roof improvements.
- Prime Location: Downtown Harvey location with Pace bus stop in front and walking distance to Metra station.
- New Development Corridor: Located near the "Harvey Lofts" and Harvey Police Department Sub Station.
Overview
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.
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Harvey
- County
- Cook
- State
- Illinois
- Longitude
- -87.668
- Latitude
- 41.6072
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and multi-family units in Harvey, Illinois.
Where is this mixed-use property located?
The property is located at 169-171 E 154th St & 15341 Center Ave Harvey, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Mixed‑Use Property: Diversified income streams from 3 retail units (100% occupied) and 6 occupied multi‑family units.; Value‑Add Opportunity: Completion of 2 remaining third‑floor units (±1,525 SF) offers immediate upside.; Below Market Rents: Opportunity to increase rental income to market rates.
