15633 Lexington AVE, Harvey, IL 60426
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$ 499,999
Est. payment | /mo

6,948 SqFt


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$ 499,999
Est. payment | /mo
Save

6,948 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,948 sqft

Price per Sqft $71

MLS Listing ID 12643303

Maintenance Fees $4,080

Year Built 1922

Annual Tax Amount $14,592

Tax Year 2024

Lot Dimensions 8600 SQUARE FEET

Property Sub-Type Multi Family 5+

Property Description

Exceptional 6-unit brick multi-family investment property in Harvey's south suburban Cook County market. Building features six fully rehabbed 3-bedroom, 1-bathroom apartments across three stories of solid masonry construction - all fully leased. Unit rents vary by floor with a strong income profile. Above-market cap rate relative to the Chicago metro average - see financial tab for full figures. Tenants pay electric and heat. Landlord expenses limited to water, garbage, and insurance. DSCR loan eligible - qualifies on property income, not personal W-2 documentation. The property also includes a finished garden-level basement space with kitchen, bathroom, and bedroom - not a legal dwelling unit per Cook County Assessor records; see Property Disclosure Addendum. $35,000 in recent capital improvements including cabinets, flooring, countertops, and fixtures. Convenient Metra and Pace Bus access serving the south suburban Cook County market. Close to retail and neighborhood services. All financial figures are estimates based on current occupancy - buyer and their advisors should independently verify all figures prior to closing. See Property Disclosure Addendum regarding garden-level basement space. Sold As-Is. Real People Realty. Equal Housing Opportunity.

Location

State IL

County Cook

Area Harvey

Zoning MULTI

Rooms

Basement Finished

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Mario Bear of  Real People Realty 

Nearby Locations

Michael Vrielink

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642-1219, USA

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15633 Lexington AVE