Sold

14600 Loomis Avenue, Harvey, IL 60426

Beds
6
Baths
2
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Realty
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Overview

This fully occupied brick 2-flat, featuring an additional garden apartment, presents a smart opportunity for investors seeking immediate income with room to grow. Both main units feature spacious layouts with three bedrooms and one bathroom, while the garden apartment offers one bedroom and one bathroom. The property has been well-maintained, offering a fenced yard and a two-car garage that can be kept for tenants or leveraged for additional income. With all units currently rented below market value, there is significant upside potential for an investor who wants to reposition rents and maximize cash flow. Located just minutes from I-57, I-294, and I-94, the property offers quick access to downtown Chicago and the surrounding suburbs. It's also near the Metra Electric Line, South Suburban College, Ingalls Memorial Hospital, and neighboring Homewood -areas that consistently draw tenant demand. This is a low-maintenance and high-opportunity building. Whether you're expanding your portfolio or searching for a solid first investment, this property offers stability today with clear upside tomorrow. Sold As-Is.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
2
Lot size (acres)
0.08
Year built
1961

Interior features

Basement
Yes, Partially finished

Garage and parking

Garage parking spaces
2

Utilities

Heating
Natural gas
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2023)
$8,497

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12470525 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.