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17 Properties Within 0.5 miles of: 15633 Lexington, Harvey

15633 Lexington
Harvey, IL 60426

  • Built In 1922
Price

$499,999

Est Payment
$3,784 / month (details)  
Taxes
$14,592  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
8600 SQUARE FEET  
Built
1922  
Neighborhood
Harvey  
MLS
#12643303
Status
Active

Property Description

Exceptional 6-unit brick multi-family investment property in Harvey's south suburban Cook County market. Building features six fully rehabbed 3-bedroom, 1-bathroom apartments across three stories of solid masonry construction - all fully leased. Unit rents vary by floor with a strong income profile. Above-market cap rate relative to the Chicago metro average - see financial tab for full figures. Tenants pay electric and heat. Landlord expenses limited to water, garbage, and insurance. DSCR loan eligible - qualifies on property income, not personal W-2 documentation. The property also includes a finished garden-level basement space with kitchen, bathroom, and bedroom - not a legal dwelling unit per Cook County Assessor records; see Property Disclosure Addendum. $35,000 in recent capital improvements including cabinets, flooring, countertops, and fixtures. Convenient Metra and Pace Bus access serving the south suburban Cook County market. Close to retail and neighborhood services. All financial figures are estimates based on current occupancy - buyer and their advisors should independently verify all figures prior to closing. See Property Disclosure Addendum regarding garden-level basement space. Sold As-Is. Real People Realty. Equal Housing Opportunity.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
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Assessments
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Home Insurance
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Mortgage Insurance
$0

Nearby Transportation

  • Metra Electric 0.4 mi
  • I 294 North 1.4 mi
  • I 294 South 1.7 mi
  • I 80 West 1.7 mi
  • Hwy 57 1.9 mi
  • I 80 East 2.0 mi
  • Hwy 57 2.1 mi
  • I 94 East 3.2 mi
  • I 94 West 3.5 mi
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