272 E 148th Street
Harvey, Illinois 60426

New / MLS #12538401 / Multiple Unit (2-4) / Harvey
Listing information updated 1/2/2026 at 8:43am
Solid investment opportunity with strong in-place cash flow and upside potential. Legal 4-unit building with the ability to convert to a 6-unit by completing the basement studios. Currently generating approximately $4,000/month in gross income, with additional upside once the vacant unit is rented and basement units are completed. All leases include a 30-day vacancy clause upon sale. Major CapEx items have already been completed; remaining work is primarily cosmetic. Property features separate, newer high-efficiency furnaces and hot water heaters for each unit, separate electric panels and gas meters, newer windows, and a roof and gutters approximately 2 years old. Laundry located in the basement. Configuration consists of 1 bed / 1 bath units. Five units are currently occupied: Ideal value-add opportunity for investors seeking stable cash flow with future upside.

Listing Office: RE/MAX Mi Casa

Listing Office Phone: 773.767.1616

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272 E 148th Street, Harvey, IL 60426 is a multiple unit (2-4) currently listed at $269,950. 272 E 148th Street features 4 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since December 31st, 2025 and was built in 1963. The nearest transit stops include E 147th St Metra Metra Metra Electric Main Branch line.