14600 Loomis Avenue, Harvey, IL

$230,000

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6

Beds

2

Baths

0.08

Acres

About 14600 Loomis Avenue

This fully occupied brick 2-flat, featuring an additional garden apartment, presents a smart opportunity for investors seeking immediate income with room to grow. Both main units feature spacious layouts with three bedrooms and one bathroom, while the garden apartment offers one bedroom and one bathroom. The property has been well-maintained, offering a fenced yard and a two-car garage that can be kept for tenants or leveraged for additional income. With all units currently rented below market value, there is significant upside potential for an investor who wants to reposition rents and maximize cash flow. Located just minutes from I-57, I-294, and I-94, the property offers quick access to downtown Chicago and the surrounding suburbs. It's also near the Metra Electric Line, South Suburban College, Ingalls Memorial Hospital, and neighboring Homewood -areas that consistently draw tenant demand. This is a low-maintenance and high-opportunity building. Whether you're expanding your portfolio or searching for a solid first investment, this property offers stability today with clear upside tomorrow. Sold As-Is.

Features of 14600 Loomis Avenue

MLS® # 12470525
Price $230,000
Bedrooms 6
Bathrooms 2.00
Acres 0.08
Year Built 1961
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 14600 Loomis Avenue
Area Harvey
City Harvey
County Cook
State IL
Zip Code 60426

Amenities

Parking Spaces 2
Parking On Site, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Partially Finished, Full

Exterior

Exterior Brick
Roof Flat
Foundation Concrete Perimeter

School Information

District 205

Additional Information

Days on Market 34
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty
Contact Info708-424-4000

Listing Map

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