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20-Unit Studio Apartment Building

184 W 147th Street, Harvey, IL 60426

For Sale
$975,000

Commercial Sale, Harvey, IL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market147

Property Features for 184 W 147th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bathrooms 20
Full bathrooms 20
Rooms Bathroom 1, Bathroom 2, Bathroom 16, Bathroom 17, Bathroom 10, Bathroom 6, Bathroom 15, Bathroom 5, Bathroom 18, Bathroom 13, Bathroom 3, Bathroom 4, Bathroom 12, Bathroom 9, Bathroom 20, Bathroom 7, Bathroom 11, Bathroom 19, Bathroom 14, Bathroom 8
Directions The property is on the south side of 147th street just SW of Rosa Parks Middle School.
Subdivision Harvey
Standard status Active
APN 29073060100000
Lot size 0.33 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 40591

Building Details

Year built 1964
Floors in Building 2
Number of units 20
Listing Agency: MR. LANDMAN
Listed By: Jon Fisher · License #B68919000
Added: Jun 16 Changed: Oct 28 Last Checked: Nov 9 at 5:06AM
MLS# 12681020

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 20-unit studio apartment building in Harvey, Illinois, occupies 0.33 acres and was constructed in 1964. The property includes 20 bathrooms, low-maintenance landscaping, and an existing parking lot scheduled for repaving before closing. MULTI zoning supports its multifamily use.

Positioned along 147th Street, the property records approximately 23,000 vehicles per day and provides access to Interstates 57, 80, 94, and 294. Public transportation, schools, healthcare, retail amenities, and major employers are located throughout the surrounding Chicago south suburbs. The same ownership has maintained the property since 2012.

Key Highlights

  • 20‑unit studio apartment building on 0.33 acres
  • MULTI zoning supports multifamily use
  • Built in 1964 with 20 bathrooms

Property Analytics

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Lease Details

20
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

343
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with studio units, MULTI zoning, and convenient access to regional transportation routes.
Where is this apartment building located?
The property is located at 184 W 147th Street Harvey, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 20‑unit studio apartment building on 0.33 acres; MULTI zoning supports multifamily use; Built in 1964 with 20 bathrooms
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