$45,000
$64,999
30.8%For more information regarding the value of a property, please contact us for a free consultation.
131 W 150TH ST Harvey, IL 60426
4 Beds
2 Baths
864 SqFt
Key Details
Sold Price $45,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $52
MLS Listing ID 12669664
Sold Date 08/21/26
Style Step Ranch
Bedrooms 4
Full Baths 2
Year Built 1959
Annual Tax Amount $1,614
Tax Year 2025
Lot Dimensions 145 X 37.50
Property Sub-Type Detached Single
Property Description
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.
Location
State IL
County Cook
Area Harvey
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features In-Law Floorplan
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Gas Starter
Fireplace Y
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Level or Stories Raised Ranch
Structure Type Brick
New Construction false
Schools
School District 147 , 147, 205
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition Home Warranty
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Karina Barrera of Coldwell Banker Realty






