14701 Myrtle Ave

Harvey, IL 60426

$350,000
Price
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a front view of a house with garden
a front view of a house with garden
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a view of workspace with windows
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a living room with furniture gym equipment and a large window
a dining room with a wooden table and chairs
a kitchen with stainless steel appliances kitchen island granite countertop a stove a sink and a refrigerator
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Description

TRANSFORM 20,000 SQ FT INTO A TRIPLE-INCOME POWERHOUSE IN HARVEY, IL Imagine collecting rent from THREE different sources every single month. This isn't just a property-it's a ready-made income ecosystem with built-in diversification that savvy investors dream about. Currently home to The First Church of God, this meticulously maintained facility offers an extraordinary opportunity to generate $8,000-$12,000+ monthly from DAY ONE through strategic multi-tenant configuration: INCOME STREAM #1: Weekend...TRANSFORM 20,000 SQ FT INTO A TRIPLE-INCOME POWERHOUSE IN HARVEY, IL Imagine collecting rent from THREE different sources every single month. This isn't just a property-it's a ready-made income ecosystem with built-in diversification that savvy investors dream about. Currently home to The First Church of God, this meticulously maintained facility offers an extraordinary opportunity to generate $8,000-$12,000+ monthly from DAY ONE through strategic multi-tenant configuration: INCOME STREAM #1: Weekend Church Rental ($2,500-$3,500/month) 200-person sanctuary with professional sound system, baptismal tank, and video systems ALL INCLUDED! Wednesday evening + weekend services = steady, reliable income INCOME STREAM #2: Weekday Daycare Operations ($3,000-$4,500/month) Perfectly configured spaces for Monday-Friday childcare services Kitchen facilities already in place Separate entrance ensures zero conflict with other tenants Growing demand in Harvey for quality childcare = waiting list potential INCOME STREAM #3: Professional Office Suites ($2,500-$4,000/month) 15 individual offices ready for doctors, therapists, attorneys Second-floor location provides privacy and prestige Separate HVAC systems = tenants control their own comfort and costs Multiple entrances allow 24/7 professional access THE NUMBERS THAT MATTER: 20,000 sq ft of income-generating space Current parking for 20 cars PLUS additional lot ready for 20-30 more spaces Four sets of bathrooms across multiple levels JUST PASSED City of Harvey inspection (no hidden surprises!) ADDITIONAL INCOME OPPORTUNITIES: Event hall with commercial kitchen: Add $1,500-$2,500/month from parties, quinceaneras, community gatherings Evening programming space: Adult education, fitness classes, support groups Weekend parking: Overflow for nearby businesses or events WHY THIS WORKS: The building's brilliant design-multiple entrances, separate HVAC zones, natural space divisions-means each tenant operates independently. Your daycare families never cross paths with law office clients. Your weekend church services don't interfere with Monday morning therapy sessions. PERFECT FOR: Community Development Corporations seeking sustainable revenue models Impact investors wanting strong returns AND community benefit Experienced operators who understand the power of diversified income Visionaries who see beyond traditional single-use properties LOCATION ADVANTAGES: Harvey's strategic position: Chicago access without Chicago prices Growing Hispanic community = built-in market for all three uses City's revitalization efforts = appreciation potential This isn't just real estate-it's a community ecosystem that pays you monthly from multiple sources. While other investors chase single-tenant risks, you'll sleep soundly knowing that even if one tenant leaves, you still have income flowing. The building recently passed Harvey inspection. Multiple configurations possible. Existing congregation interested in lease-back arrangement. Don't let another investor capture this triple-income opportunity. In today's market, diversification isn't just smart-it's essential. Schedule your strategic investment tour today.
  1. Listed by Lenny Feil • Harthside Realtors, Inc.
    P: (708)-371-1910 C: (708)-870-0514 lenfeil@yahoo.com

Property Details for 14701 Myrtle Avenue

Area
Harvey
Township
Thornton
Air Conditioning Type
Central Air
Zoning
OTHER
LISTING UPDATED: 11/21/2025 02:01 AM

Property Details for 14701 Myrtle Avenue

StatusActive
MLS #12518110
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1950
Lot Size0.22 AC / 9,375 SF
CountyCook County

Location

Listing Courtesy of Harthside Realtors, Inc.
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Building Information for 14701 Myrtle Avenue

Stories2Residences20Year Built1950Lot Size0.22 AC / 9,375 SF

Payment Calculator

$1,729 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,729

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14701 Myrtle Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: East/West Corridor
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas,Heat Pump,Hot Water
  • # Of Refrigerators: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 75 x 125
  • Lot Size Square Feet: 9375.0
  • Stories: 2
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Roof Structure: Pitched,Wood Joists
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 20000
  • # Of Offices: 20
  • # Of Ranges: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office, Special Use
  • Public Document Count: 0
  • Photos Count: 28
Miscellaneous
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 0
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 14701 Myrtle Avenue

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Listed (Active)

MRED #12518110

$350,000—
DateEvent & SourcePrice
11/12/2025

Listed (Active)

MRED #12518110

$350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14701 Myrtle Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size3,259 SqFtStyleGovernmental / Public UseCountyCOOKAPN29-08-302-001

Schools near 14701 Myrtle Avenue

This home is within Thornton Twp Hsd 205 School District.
Rating
School
Type
Grades
Distance
Brooks Middle School
Public - 6 to 8
Thornton Township High School
Public - 9 to 12
Outlook Academy
Public - 9 to 12
Peace Center
Public - 9 to 12
Rating
School
Distance
Brooks Middle School
Public6 to 8

Thornton Township High School
Public9 to 12

Outlook Academy
Public9 to 12

Peace Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 14701 Myrtle Avenue, Harvey, IL 60426

14701 Myrtle Avenue is a mixed use property for sale in Harvey, IL 60426. This property was listed for sale on November 12, 2025 by Harthside Realtors, Inc., it's currently listed at $350,000. This listing's school districts are Harvey School District 152, Thornton Twp Hsd 205 School District. Nearby schools include Brooks Middle School, Thornton Township High School and Outlook Academy. 14701 Myrtle Avenue is a 0-bed, 0-bath, mixed use property built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harthside Realtors, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 02:01 AM. 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.