$450,000

15633 Lexington Avenue, Harvey, IL 60426

Commercial Property
Built in 1922
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Rare 7-Unit Multi-Family Investment - Great Price, Strong Upside Investor-ready property featuring 7 REHABBED total units: SIX spacious 3-BEDROOM APARTMENTS and one 2-BEDROOM garden unit. This is one of the few 6-7 unit properties available in this price range - and it's priced to sell! With solid rental demand, large unit layouts, and value-add potential, this asset is ideal for both seasoned and first-time investors. Key Highlights: * 6 FULLY LEASED APARTMENTS +FINISHED BASEMENT ready to rent *Total Rent: $6,700/per month with upside potential *Cap Rate: 10.2 *Value-Add: Basement apartment offers immediate extra income *Location: Conveniently located minutes from Metra and Pace Bus Station. Easy commuter access - ideal for working tenants Surrounded by local schools and shopping.

Listing Status:: Active
Listing Office:: RE/MAX 1st Service : 708-675-1600
Listing Agent:: Yiselle Bryce : 708-446-9493
MLS ID:: 12010667

Basement: Finished

Originating MLS: mred
County: Cook

Zoning: MULTI29173100140000

Source: mred

This listing courtesy of Yiselle Bryce, RE/MAX 1st Service

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$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Dr. Maya Angelou Elementary School

15748 Page Ave, Harvey, IL, 60426

Grades KG-5

0.59 miles away

Brooks Middle School

14741 Wallace St, Harvey, IL, 60426

Grades 6-8

1.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.