Harvey, IL 60426,15633 Lexington AVE
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$ 450,000
Est. payment | /mo

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$ 450,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12010667

Year Built 1922

Annual Tax Amount $13,727

Tax Year 2023

Lot Dimensions 8600 SQUARE FEET

Property Sub-Type Multi Family 5+

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.

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 Yiselle Bryce of  RE/MAX 1st Service 
Legacy Properties

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

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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15633 Lexington AVE