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Multifamily

184 W 147th St

184 W 147th St, Harvey, IL 60426

Listing Price: $900,000

Cap Rate
7.61%
Number of Units
20
GRM
5.20
Price/Unit
$45,000
Price/Gross SF
$113.21
Gross SF
7,950

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 184 West 147th Street, a 20-unit multifamily property located in Harvey, Illinois.

This investment offers an investor the opportunity to acquire a well-maintained asset from a long-term owner with significant upside in rents.

Investment Highlights

  • High Visibility Location and Long-Term Owner
  • Located Across the Street from Rosa Parks Middle School and Martin Luther King Elementary School
  • Two Miles from 147th Street Metra Station and Walking Distance to PACE Bus Stops on 147th Street
  • Close to Retail and Dining Options include Aldi, Domino's Pizza, Subway, and Local Restaurants
  • Tenant Heated by Electric Baseboard Heat and Ample Parking: 14 Designated Spots and Street Parking Available
  • 22 Miles South of the Downtown Chicago Loop and Midway International Airport is Approximately 17 Miles Northwest
  • Near UChicago Medicine Ingalls Memorial Hospital and Harvey Public Library
  • Easy Access to Interstate 294, Interstate 80, Interstate 57 and Route 83

Exclusively Listed By

Multifamily

184 W 147th St

Listing Price: $900,000

Cap Rate
7.61%
Number of Units
20
GRM
5.20
Price/Unit
$45,000
Price/Gross SF
$113.21
Gross SF
7,950

Investment Highlights

  • High Visibility Location and Long-Term Owner
  • Located Across the Street from Rosa Parks Middle School and Martin Luther King Elementary School
  • Two Miles from 147th Street Metra Station and Walking Distance to PACE Bus Stops on 147th Street
  • Close to Retail and Dining Options include Aldi, Domino's Pizza, Subway, and Local Restaurants
  • Tenant Heated by Electric Baseboard Heat and Ample Parking: 14 Designated Spots and Street Parking Available
  • 22 Miles South of the Downtown Chicago Loop and Midway International Airport is Approximately 17 Miles Northwest
  • Near UChicago Medicine Ingalls Memorial Hospital and Harvey Public Library
  • Easy Access to Interstate 294, Interstate 80, Interstate 57 and Route 83

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 184 West 147th Street, a 20-unit multifamily property located in Harvey, Illinois. This investment offers an investor the opportunity to acquire a well-maintained asset from a long-term owner with significant upside in rents.

Exclusively Listed By

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