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131 W 150th Street Harvey, IL 60426

$99,000
New / MLS# 12669664 / Residential - Single Family / Harvey
4 Beds
2 Baths
864 SqFt

131 E. 150th Street presents a compelling fix-and-flip or buy-and-hold investment opportunity in the growing South Suburban market. This solid brick ranch offers investors the chance to acquire a property with strong structural appeal and significant upside through renovation and repositioning. The home features a desirable single-story layout, spacious living areas, multiple bedrooms, original hardwood flooring, and a full unfinished basement with substantial additional storage and future finishing potential. While the property requires cosmetic and interior updates, the overall footprint and construction provide an excellent foundation for a value-add renovation. The exterior showcases durable brick construction and attractive curb appeal, while the interior offers an opportunity to modernize the kitchen, bathrooms, flooring, lighting, and finishes to maximize resale value or rental income. The large basement presents additional possibilities for recreation space, storage, or expanded living areas, subject to local requirements. Located on a residential block with convenient access to schools, transportation, shopping, and major employment corridors, this property is well-positioned for investors seeking a project with multiple exit strategies. Whether renovated for resale, added to a rental portfolio, or utilized as a long-term wealth-building asset, 131 E. 150th Street offers the potential to create substantial equity through strategic improvements. Opportunities to acquire brick homes with this level of renovation upside are becoming increasingly limited. Investors looking for their next value-add project should take a serious look at the potential offered by 131 E. 150th Street.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 383.38 per month $220.00 Principal & Interest $134.50 Property Tax $28.88 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Natural Gas, Forced Air
Home Style: Step Ranch
Lot Size: 145 X 37.50
Roof Type: Asphalt
Taxes: $1,614
Year Built: 1959

Amenities

In-Law Floorplan

Feature Descriptions

Additional rooms: Screened Porch
Association Includes: None
Exterior: Brick
Fireplace: Gas Starter
Fireplace Location(s): Basement
Lot Dimensions: 145 X 37.50
Parcel#: 29074160440000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 7
Township: Thornton
Water: Lake Michigan

Room Information

Screened Porch: 22X15
Bedroom 2: 11X11
Bedroom 3: 12X10
Bedroom 4: 11X10
Family Room: 17X16
Kitchen: 17X10
Living Room: 15X12
Primary Bedroom: 22X11

Schools

School District: District 205

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: EXIT Strategy Realty

Listing Office Phone: 312-554-5478



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