14526 Loomis Avenue Harvey, IL 60426
Listing Courtesy of: MLS LogoMidwest Real Estate Data / eXp Realty

  14526 Loomis Avenue Harvey, IL 60426

Contingent (13 Days)
$205,000
8
BED
3
BATH

Description

Turn-Key Investment Opportunity - Solid 3-Unit Brick Building with Immediate Cash Flow Potential Investors, take notice! This well-maintained three-unit brick building presents a fantastic opportunity to own a cash-flowing asset in a neighborhood surrounded by other well-kept multi-units. The first and second floors feature identical spacious 3-bedroom layouts, each with a large eat-in kitchen, fresh paint, new carpet, updated kitchen appliances, and modern bathroom fixtures-perfectly move-in ready for renters. The garden unit, designed as a 2-bedroom, 1-bath, is near completion-framing and plumbing are done, and electrical work is nearly finished. With minimal investment, you can unlock a third income-producing unit and boost your ROI. Additional income stream from coin-operated laundry on-site, generating approximately $200/month, which currently covers the water bill. Recent capital improvements include: New windows (~2020) New roof on both building and garage (~2023) Individually metered furnaces and hot water heaters (~2023) - Tenants pay their own electric and gas! 2-car garage for added rental income potential This property is also Section 8 approved, offering rent stability and reduced vacancy risk. Whether you're looking for owner-occupancy with supplemental income or want to rent out all three units, this is a smart, low-maintenance addition to any portfolio. Located with easy access to expressways and toll roads, making it attractive to commuters and tenants alike. Everything has been thoughtfully upgraded-your only job is to collect the cash flow. Don't miss out on this high-performing investment. Schedule your showing today!

MLS #:
12402704
Taxes
$8,497(2023)
Type
Multifamily
Year Built
1961
School District
152
County
Cook County

Listed By

Michelle Cole, eXp Realty
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Jul 7 2025 at 4:25 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Natural Gas
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • On Site
  • Detached
  • Garage
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.