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About This Home

This 3-bedroom, 2-bathroom single family at 131 W 150TH Street in Harvey, IL is listed for $99,000 ($115 per sqft). Built in 1959, the home offers 864 sqft of living space on a N/A lot.

Agent Description

131 E. 150th Street presents a compelling fix-and-flip or buy-and-hold investment opportunity in the growing South Suburban market. This solid brick ranch offers investors the chance to acquire a property with strong structural appeal and significant upside through renovation and repositioning.

The home features a desirable single-story layout, spacious living areas, multiple bedrooms, original hardwood flooring, and a full unfinished basement with substantial additional storage and future finishing potential. While the property requires cosmetic and interior updates, the overall footprint and construction provide an excellent foundation for a value-add renovation.

The exterior showcases durable brick construction and attractive curb appeal, while the interior offers an opportunity to modernize the kitchen, bathrooms, flooring, lighting, and finishes to maximize resale value or rental income. The large basement presents additional possibilities for recreation space, storage, or expanded living areas, subject to local requirements.

Located on a residential block with convenient access to schools, transportation, shopping, and major employment corridors, this property is well-positioned for investors seeking a project with multiple exit strategies. Whether renovated for resale, added to a rental portfolio, or utilized as a long-term wealth-building asset, 131 E.

150th Street offers the potential to create substantial equity through strategic improvements. Opportunities to acquire brick homes with this level of renovation upside are becoming increasingly limited. Investors looking for their next value-add project should take a serious look at the potential offered by 131 E. 150th Street.

Key Features

  • Built in 1959
  • 2 parking spaces
  • Fireplace

Property Details

2 full
2 spaces
1959

Amenities

FireplaceA/C

Monthly Cost Estimate

$529/mo

20% down · 6.5% · 30 years

Principal$72
Interest$429
Insurance$29

Estimates only. Actual payments may vary.

Location

131 W 150TH Street

Harvey, IL 60426

Features & Amenities

Interior Features

In-Law Floorplan

Property Details

Flooring

CarpetVinyl

Construction

Brick

Parking

Garage

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 131 W 150TH Street is listed at $99,000 ($115/sqft). The estimated monthly payment is $429 based on 20% down at 6.5% interest.

Key features include: Built in 1959, 2 parking spaces, Fireplace. Interior Features: In-Law Floorplan.

This property is listed by Ja'Mal Green and can be reached at (312) 493-0920 or jaymalgreen@gmail.com.

JG

Ja'Mal Green

Agent at EXIT Strategy Realty

(312) 493-0920

Listed by EXIT Strategy Realty · View on Broker Site

MLS# 12669664· Source: listhub· Updated 1 days ago

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.

131 W 150TH Street, Harvey, IL 60426

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