$64,999
$34K PRICE DROP

131 W 150th St Harvey, IL 60426

Harvey Area

Estimated payment $489/month

Total Views 3,006
4 Beds
2 Baths
864 Sq Ft
$75 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • 2 Car Detached Garage
  • Living Room
  • Screened Porch
  • In-Law or Guest Suite
  • Laundry Room

About This Home

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.

Listing Agent

Ja'Mal Green

EXIT Strategy Realty Brokerage Email: jaymalgreen@gmail.com License #475202184 Listed on: 06/05/2026

EXIT Strategy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 145 x 37.50
  • Fenced

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Raised Ranch Architecture
  • Step Ranch
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 864 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Step Ranch
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: jaymalgreen@gmail.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: In-Law Floorplan
  • LivingArea: 864
  • Room Type: Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Fireplace Location: Basement
  • Total Sq Ft: 0
  • Flooring: Other

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 145 X 37.50
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1614.34
  • Tax Year: 2025
  • Tax Exemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,046 $6,200 $1,444 $4,756
2024 $2,046 $6,200 $1,444 $4,756
2023 $950 $6,200 $1,444 $4,756
2022 $950 $4,518 $1,444 $3,074
2021 $1,005 $4,517 $1,443 $3,074
2020 $1,162 $4,517 $1,443 $3,074
2019 $1,884 $5,752 $1,312 $4,440
2018 $1,819 $5,752 $1,312 $4,440
2017 $1,835 $5,752 $1,312 $4,440
2016 $2,576 $6,062 $1,181 $4,881
2015 $2,390 $6,062 $1,181 $4,881
2014 $2,416 $6,062 $1,181 $4,881
2013 $2,629 $6,755 $1,181 $5,574
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2026 07/02/26 Price Changed $64,999 -13.3% $75 / Sq Ft
06/27/2026 06/27/26 Price Changed $74,999 -15.7% $87 / Sq Ft
06/18/2026 06/18/26 Price Changed $89,000 -10.1% $103 / Sq Ft
06/05/2026 06/05/26 For Sale $99,000 -- $115 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Warranty Deed $118,500 Pntn
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $94,750 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12669664

Midwest Real Estate Data (MRED)

APN: 29-07-416-044-0000

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