Harvey, IL 60426 131 W 150TH Street
$99,000



11 more











Presented By: EXIT Strategy Realty
Home Details
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.
Presented By: EXIT Strategy Realty
Interior Features for 131 W 150TH Street
Bedrooms
Bedrooms Possible4
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourceEstimated
BasementFinished, Full, Walk-Out Access
Fireplace FeaturesGas Starter
Interior AmenitiesIn-Law Floorplan
Total Fireplaces1
Other Rooms
Room TypeScreened Porch
General for 131 W 150TH Street
Additional Parcels Y/NNo
Architectural StyleStep Ranch
Assoc Fee Paid PerNot Applicable
Association Fee IncludesNone
CityHarvey
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsDIXIE HWY TO 150TH E TO PROPERTY (BET DIXIE & WOOD ST)
ElectricCircuit Breakers, 100 Amp Service
Elementary School District147
Full Baths2
Garage Spaces2
HOA Fee$
HeatingNatural Gas, Forced Air
High School District205
Living Area864
MLS AreaHarvey
Middle/Junior School District147
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential
Property TypeDetached Single
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount1614.34
Tax Year2025
Total Rooms7
TownshipThornton
Year Built1959
Exterior for 131 W 150TH Street
Foundation DetailsConcrete Perimeter
Lot Dimensions145 X 37.50
Lot Size Acres
Parking FeaturesYes, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

SQFT • 864