About This Home

This 0-bedroom, 20-bathroom residential multi family at 184 W 147th Street in Harvey, IL is listed for $975,000. Built in 1964, on a 0.33 acres lot.

Key Features

  • Built in 1964
  • 0.33 acre lot
  • 2 stories

Property Details

2 stories
20 full
1964
Listing Description

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.

Monthly Cost Estimate

$5,215/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284

Estimates only. Actual payments may vary.

Location

184 W 147th Street

Harvey, IL 60426

Questions & Answers

This 0-bedroom, 20-bathroom residential multi family at 184 W 147th Street is listed at $975,000. The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.33 acre lot, 2 stories.

This property is listed by Jon Fisher.

JF

Jon Fisher

Agent at MR LANDMAN LLC

Listed by MR LANDMAN LLC · Broker phone: (217) 202-0924 · View on Broker Site · Broker website

MLS# 12681020· Source: Midwest Real Estate Data, LLC· 134 days on PropertySimple

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.

184 W 147th Street, Harvey, IL 60426

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