15431 Ashland Ave Harvey, IL 60426
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 15431 Ashland Ave
- Year built
- 1927
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a six-unit brick building ideally situated in the heart of Harvey, Illinois, at 15431 Ashland Avenue. The property boasts a prime location, within easy walking distance of public transportation, the post office, a hospital, schools, and the Metra station, ensuring high occupancy rates and convenient access for residents. The building itself comprises a mix of apartment units: two studios and four one-bedroom units, each with its own bathroom. The building is currently fully occupied, providing immediate cash flow for the new owner. Recent improvements include a new roof and porch, installed in 2020, enhancing the property's curb appeal and longevity. The units are heated by radiators, a cost-effective system for the building's size. Nestled amongst attractive single-family homes, this property offers a stable and desirable residential environment. The property is being sold "as is," presenting a chance for a savvy investor to acquire a well-located, income-generating asset at an attractive price. All offers will be considered, reflecting the seller's motivation to finalize a sale. This is a rare chance to acquire a solid, cash-flowing multi-family property in a convenient and desirable location. Don't miss this opportunity to add a valuable asset to your portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harvey
- County
- Cook
- State
- Illinois
- Longitude
- -87.6557
- Latitude
- 41.60862