$80,000

175 W 157th St Harvey, IL 60426

Estimated payment $630/month

Total Views 6,402
3 Beds
1 Bath
1,148 Sq Ft
$70 Price per Sq Ft

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!

Last Listed By

Milton Nivose

RE/MAX Top Performers License #475214129 Listed on: 04/11/2025

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

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Range Hood
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1148
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1148
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • List Price: 80000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 147

Lot Info

  • Additional Parcels Description: 29183120290000
  • Additional Parcels: Yes
  • Lot Size Acres: 0.183
  • Lot Dimensions: 59X135X59X135
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 4401.54
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Midwest Real Estate Data (MRED)

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
Source: Public Records

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
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12335920

Midwest Real Estate Data (MRED)

APN: 29-18-312-030-0000