# 273 E 148th Street, Harvey, IL 60426

> **TL;DR:** 8bd/5ba residential multi family, $200,000, built 1959. Est. $1,069/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $200,000 |
| Bedrooms | 8 |
| Bathrooms | 5 full |
| Year Built | 1959 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,011 |
| Estimated Insurance | $58 |
| **Total** | **$1,069** |

## Property Highlights

- Built in 1959
- 0.14 acre lot
- 4 parking spaces

## Description

### Agent Description
Attention Investors And Owner-Occupants! This Is A Solid Brick Legal 4-Unit Plus An Additional Garden Apartment On A Double Lot In Harvey. The Unit Mix Includes Three 2-Bedroom And Two 1-Bedroom Apartments. The Roof Is Approximately 10 Years Old, And The Brick Is Solid And In Good Shape. The Building Is All Electric, With 5 Separate Electric Meters And 5 Separate Water Heaters. Tenants Pay Their Own Electric, So Landlord Utility Costs Stay Low. There Is Dedicated Basement Space With Storage Lockers For Tenants, Plus Parking For 4-5 Cars In The Back. Two Units Are Currently Leased At $900 And $1,000 Per Month. Two Units Are Vacant And Ready For New Tenants: The Garden Unit, Previously Leased At $1,400/Month, And A Unit With Market Rent Of Approximately $950/Month. One Additional Unit Can Be Delivered Vacant Before Closing. Perfect Rent Hack Opportunity: Live In One Unit And Let The Rent From The Others Pay Your Mortgage! At Full Occupancy, Projected Gross Income Is Approximately $5,100/Month ($61,200/Year), For A Projected 17.7% Cap Rate And A Projected 40.6% Cash-On-Cash Return (Based On 25% Down At 7.5% Interest). This Is A True Value-Add Opportunity To Stabilize The Building And Grow Your Cash Flow. The Property Is Located In A Census Tract That Appears Eligible For The Wells Fargo Homebuyer Access Grant. Qualified Buyers May Receive A $10,000 Grant Toward Their Down Payment. The Grant May Also Be Combined With The Dream. Plan. Home. Closing Cost Credit Of Up To $5,000, Potentially Providing An Eligible Buyer With Up To $15,000 In Combined Down Payment And Closing Cost Support. Rent Roll And Expense Estimates Available Upon Request. Sold Strictly As-Is. Bring Your Investors And Your Vision!

## Location

- **Address:** 273 E 148th Street, Harvey, IL 60426
- **County:** Cook
- **Coordinates:** 41.621068, -87.640253
- **Google Maps:** https://www.google.com/maps?q=41.621068,-87.640253

## Listing Agent

- **Name:** Ryan Widerberg
- **Brokerage:** eXp Realty, LLC
- **Broker Phone:** (888) 574-9405
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/273-E-148th-St_Harvey_IL_60426_M74921-45139?f=listhub&s=MREDIL&m=12800046&c=propsimple)

## Photos

![273 E 148th Street - Photo 1](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3982745205r.jpg)

![273 E 148th Street - Photo 2](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f1479315533r.jpg)

![273 E 148th Street - Photo 3](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3448155113r.jpg)

![273 E 148th Street - Photo 4](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3117677216r.jpg)

![273 E 148th Street - Photo 5](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f904654642r.jpg)

![273 E 148th Street - Photo 6](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f2275970425r.jpg)

![273 E 148th Street - Photo 7](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3830933244r.jpg)

![273 E 148th Street - Photo 8](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3599073796r.jpg)

![273 E 148th Street - Photo 9](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f1975467750r.jpg)

![273 E 148th Street - Photo 10](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3392957899r.jpg)

![273 E 148th Street - Photo 11](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f269231738r.jpg)

![273 E 148th Street - Photo 12](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f2730629405r.jpg)

![273 E 148th Street - Photo 13](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f2474012497r.jpg)

![273 E 148th Street - Photo 14](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3188140550r.jpg)

![273 E 148th Street - Photo 15](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f4070454783r.jpg)

![273 E 148th Street - Photo 16](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f3205799464r.jpg)

![273 E 148th Street - Photo 17](http://lh.rdcpix.com/9625c3a9bb8b19d6dedf44e622fc7833l-f1180393033r.jpg)

---

**MLS#:** 12800046 | **Updated:** 2026-11-12
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/273-e-148th-street-harvey-il-60426-38fbdbb1ee614e98b9fceb78914a4f3f)

---

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