
175 W 157th St Harvey, IL 60426
Estimated payment $630/month
Highlights
- Ranch Style House
- Laundry Room
- Forced Air Heating System
- Living Room
- Bathroom on Main Level
- Combination Kitchen and Dining Room
About This Home
This charming 3-bedroom, 1-bath home is full of potential and perfectly situated in a quiet, friendly neighborhood-a great opportunity for investors or savvy buyers looking for value! Step inside to find a spacious living area that flows effortlessly into the kitchen, which features modern appliances, ample cabinet space, and a convenient breakfast bar. The open layout creates a welcoming atmosphere ideal for everyday living and entertaining. In addition to the three main bedrooms, this home boasts a generous bonus/family room with a closet, currently being used as a 4th bedroom. This flexible space can easily be transformed into a home office, playroom, media room, or guest suite-endless possibilities to suit your lifestyle! Step outside to a fully fenced backyard, perfect for relaxing evenings, summer barbecues, or entertaining family and friends. Currently rented on a month-to-month lease, this property is occupied by a reliable tenant who has lived in the home for over five years and pays $1,300 per month. At the current asking price, it offers a strong return with a cap rate exceeding 10%-a rare opportunity in today's market and a valuable addition to any investment portfolio. Whether you're looking to grow your investment holdings or create your dream home, this property offers a versatile layout and fantastic potential. Don't miss out on this hidden gem-schedule your showing today!
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Lot Details
- 7,971 Sq Ft Lot
- Lot Dimensions are 59x135x59x135
- Fenced
- Paved or Partially Paved Lot
- Additional Parcels
Parking
- 1 Car Garage
- Driveway
Home Design
- Ranch Style House
- Asphalt Roof
Interior Spaces
- 1,148 Sq Ft Home
- Ceiling Fan
- Window Screens
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Vinyl Flooring
- Range with Range Hood
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 |
---|---|---|---|---|
2024 | $2,201 | $3,103 | $1,106 | $1,997 |
2023 | $1,867 | $3,103 | $1,106 | $1,997 |
2022 | $1,867 | $2,156 | $1,106 | $1,050 |
2021 | $1,825 | $2,155 | $1,105 | $1,050 |
2020 | $1,771 | $2,155 | $1,105 | $1,050 |
2019 | $2,041 | $2,517 | $1,005 | $1,512 |
2018 | $1,976 | $2,517 | $1,005 | $1,512 |
2017 | $1,943 | $2,517 | $1,005 | $1,512 |
2016 | $1,905 | $2,636 | $904 | $1,732 |
2015 | $1,832 | $2,636 | $904 | $1,732 |
2014 | $1,823 | $2,636 | $904 | $1,732 |
2013 | -- | $3,098 | $904 | $2,194 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/16/2025 05/16/25 | For Sale | $80,000 | 0.0% | $70 / Sq Ft |
05/15/2025 05/15/25 | Off Market | $80,000 | -- | -- |
05/15/2025 05/15/25 | For Sale | $80,000 | 0.0% | $70 / Sq Ft |
05/02/2025 05/02/25 | Pending | -- | -- | -- |
04/11/2025 04/11/25 | For Sale | $80,000 | -- | $70 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $81,500 | Attorney | |
Warranty Deed | $58,000 | None Available | |
Warranty Deed | $20,000 | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $70,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $62,200 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $52,500 | Unknown |
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12335920

APN: 29-18-312-030-0000
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