184 W 147th St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent opportunity to acquire a 20-unit studio apartment building in Harvey, IL. Conveniently located along busy 147th Street with approximately 23,000 vehicles per day, the property offers easy access to Interstates 57, 80, 94, and 294, major employers, public transportation, schools, healthcare, and retail amenities throughout Chicago's south suburbs. Owned and maintained by the same ownership since 2012, the property features low-maintenance landscaping, with the parking lot to be repaved prior...Excellent opportunity to acquire a 20-unit studio apartment building in Harvey, IL. Conveniently located along busy 147th Street with approximately 23,000 vehicles per day, the property offers easy access to Interstates 57, 80, 94, and 294, major employers, public transportation, schools, healthcare, and retail amenities throughout Chicago's south suburbs. Owned and maintained by the same ownership since 2012, the property features low-maintenance landscaping, with the parking lot to be repaved prior to closing or a credit provided to the purchaser. Current rents average approximately $750 per month with potential for future growth through continued operational improvements. Strong occupancy history and consistent demand have historically allowed ownership to rely primarily on on-site signage and referrals for leasing. An attractive workforce housing investment offering stable cash flow and value-add potential.
  1. Listed by Jon Fisher • MR. LANDMAN
    P: (217)-202-0924 C: (217)-202-0924 jonfisher1991@gmail.com

Property Details for 184 West 147th Street

Area
Harvey
Zoning
MULTI
LISTING UPDATED: 06/17/2026 02:08 PM

Property Details for 184 West 147th Street

StatusNew
MLS #12681020
Days on Market5
Taxes$40,591 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1964
Lot Size0.34 AC / 14,679 SF
CountyCook County

Location

Listing Courtesy of MR. LANDMAN
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Building Information for 184 West 147th Street

Stories2Residences20Year Built1964Building Size-Lot Size0.34 AC / 14,679 SF

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$5,481

Property Taxes

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Property Information for 184 West 147th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • # Of Washers: 0
  • Heat/Ventilation: Separate Per Unit
  • # Of Refrigerators: 20
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 20.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 109 x 136
  • Lot Size Square Feet: 14679.0
  • Stories: 2
  • Building Area Total: 6686
  • # Of Ranges: 20
  • Flood Zone: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 19
  • Habitable Residence: Yes
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: $179,700.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 14975
  • Net Operating Income: $77,067.00
  • Operating Expense: $41,775.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 20
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 184 West 147th Street

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Listed (Active)

MRED #12681020

$1,100,000
Sep 30, 2024

Expired

MRED #12034207

$700,000
Aug 16, 2024

Listed (Active)

MRED #12034207

$700,000
DateEvent & SourcePrice
06/16/2026

Listed (Active)

MRED #12681020

$1,100,000
09/30/2024

Expired

MRED #12034207

$700,000
08/16/2024

Listed (Active)

MRED #12034207

$700,000

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

Public Records for 184 West 147th Street

Taxable ValueLand$1,232Additions$31,946Total$33,178
Tax Record2023$23,538 ($1,961 / month)
Home Facts
Lot Size4,481 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN29-07-306-010

Schools near 184 West 147th Street

This home is within Thornton Twp Hsd 205 School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 1 to 4
Public - 9 to 12
Rating
School
Distance
Rosa L Parks Middle School
Public5 to 8

Thornton Township High School
Public9 to 12

Martin L King Elementary School
Public1 to 4

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.

Similar Homes

184 West 147th Street is a multi-family home for sale in Harvey, IL 60426. This property was listed for sale on June 16, 2026 by MR. LANDMAN, it's currently listed at $1,100,000. It has been on the market for a total of 5 days and was last sold on June 15, 2012. This listing's school districts are W Harvey-Dixmoor Public School District 147 School District, Thornton Twp Hsd 205 School District. Nearby schools include Rosa L Parks Middle School, Thornton Township High School and Martin L King Elementary School. 184 West 147th Street is a 0-bed, 20-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MR. LANDMAN

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 06/17/2026 02:08 PM. 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.