Listing provided courtesy of MR. LANDMANMREDas Distributed by MLSGrid- MLS# 12681020
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Request Info184 W 147th StreetHarvey, IL 60426
Commercial · 6,686 Sq. ft. | 0.33 Acres$1,100,000
Active
184 W 147th Street Overview
- Time on Site:
- 12 days
- Visits:
- 0
Excellent opportunity to acquire a 20-unit studio apartment building in Harvey, IL. Conveniently located along busy 147th Street with approximately 23,000 vehicles per day, the property offers easy access to Interstates 57, 80, 94, and 294, major employers, public transportation, schools, healthcare, and retail amenities throughout Chicago's south suburbs. Owned and maintained by the same ownership since 2012, the property features low-maintenance landscaping, with the parking lot to be repaved prior to closing or a credit provided to the purchaser. Current rents average approximately $750 per month with potential for future growth through continued operational improvements. Strong occupancy history and consistent demand have historically allowed ownership to rely primarily on on-site signage and referrals for leasing. An attractive workforce housing investment offering stable cash flow and value-add potential.
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184 W 147th Street Facts & Features
- Type Commercial
- Sq. ft. 6,686
- Price/Sq.ft. $165
- Lot 0.33 Acres
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 179700
- Insurance Expense: 0
- Maintenance Expense: 0
- Net Operating Income: 77067
- Operating Expense: 41775
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1964
Location/Region
- County Or Parish: Cook
- MLS Area Major: Harvey
Tax Information
- Tax Annual Amount: $40,591.00
- Tax Year: 2025
General Information
- Parcel Number: 29073060100000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 6686
General Information
- Stories: 2
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Acres: 0.33
- Lot Size Dimensions: 109 x 136
- Lot Size Square Feet: 14679
General Information
- Number Of Units Total: 20
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Baths Total: 1
- Units Total: 20
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 0
- Units Total: 0
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
184 W 147th Street Neighborhood
Community
60426 (HARVEY) Demographics
36
Median Age
3,616
Population Density (per sq. mile)
17%
College Educated
$34,580
Estimated Median Income
5,377
Estimated Total Home Owners
4,661
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.184 W 147th Street Monthly Cost
184 W 147th Street Market Data
Based on the last 30 days in this zip code
$164,108
Average List Price
$105
Average Price per Square Foot
16
Properties Sold
110
Average Days on Market
110
Properties for Sale
184 W 147th Street History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: MRED | Active |
|
| 6/17/2026Source: MRED | June 17, 2026 |