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Studio Apartment Building
For Sale
$1,100,000

184 W 147th Street, Harvey, IL 60426

MULTI_FAMILY - Harvey, IL

Lot Size0.33 Acres
Days on Market49

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 9, Bathroom 4, Bathroom 19, Bathroom 10, Bathroom 16, Bathroom 12, Bathroom 11, Bathroom 3, Bathroom 20, Bathroom 2, Bathroom 8, Bathroom 18, Bathroom 1, Bathroom 14, Bathroom 7, Bathroom 17, Bathroom 5, Bathroom 13, Bathroom 15, Bathroom 6
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

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 #RB18000549
Added: Jun 16 Changed: Jul 30 Last Checked: Aug 3 at 8:06AM
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.

Investment Insights

Based on property information with market context.

This studio apartment building offers 20 units and is zoned MULTI. The property was built in 1964 and has been owned and maintained by the same ownership since 2012. Low-maintenance landscaping is in place, and the parking lot is scheduled to be repaved prior to closing.

The building is located along 147th Street, with approximately 23,000 vehicles per day. It provides easy access to Interstates 57, 80, 94, and 294, along with public transportation, schools, healthcare, and retail amenities throughout Chicago’s south suburbs.

The building is currently leased using primarily on-site signage and referrals, and it offers an opportunity to pursue operational improvements to support future rent growth through continued property management.

Key Highlights

  • 20‑unit studio apartment building
  • Zoned MULTI
  • Parking lot repaving scheduled prior to closing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon 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

20
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

246
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?
Apartment building - 20-unit studio apartment building zoned MULTI, with a parking lot repaving scheduled prior to closing.
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 $1,100,000.
What are key features of this property?
This property features: 20‑unit studio apartment building; Zoned MULTI; Parking lot repaving scheduled prior to closing
More about this property
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