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Attention Investors And Owner-Occupants! This Is A Solid Brick Legal 4-Unit Plus An Additional Garden Apartment On A Double Lot In Harvey. The Unit Mix Includes Three 2-Bedroom And Two 1-Bedroom Apartments. The Roof Is Approximately 10 Years Old, And The Brick Is Solid And In Good Shape. The Building Is All Electric, With 5 Separate Electric Meters And 5 Separate Water Heaters. Tenants Pay Their Own Electric, So Landlord Utility Costs Stay Low. There Is Dedicated Basement Space With Storage Lockers For Tenants, Plus Parking For 4-5 Cars In The Back. Two Units Are Currently Leased At $900 And $1,000 Per Month. Two Units Are Vacant And Ready For New Tenants: The Garden Unit, Previously Leased At $1,400/Month, And A Unit With Market Rent Of Approximately $950/Month. One Additional Unit Can Be Delivered Vacant Before Closing. Perfect Rent Hack Opportunity: Live In One Unit And Let The Rent From The Others Pay Your Mortgage! At Full Occupancy, Projected Gross Income Is Approximately $5,100/Month ($61,200/Year), For A Projected 15.7% Cap Rate And A Projected 33.6% Cash-On-Cash Return (Based On 25% Down At 7.5% Interest). This Is A True Value-Add Opportunity To Stabilize The Building And Grow Your Cash Flow. Rent Roll And Expense Estimates Available Upon Request. Sold Strictly As-Is. Bring Your Investors And Your Vision!

Highlights

  • Residential Income
  • Multi Family
  • Built in 1959
  • 0.14 Acre Lot
  • 7 days on Market

  • Bedrooms
    8
  • Year Built
    1959
  • Construction Materials
    Brick
  • Heating
    Electric
  • Basement
    Full, Partially Finished

  • Acres
    0.14


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Frequently Asked Questions

How do I schedule a tour of 273 E 148th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 273 E 148th St.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 273 E 148th St?

Click Ask a Question to talk with our team. You already know it is a 8 bed, N/A bath, listed for $225,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Harvey, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 273 E 148th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 273 E 148th St at around $2,257. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 273 E 148th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 273 E 148th St?

In most cases, yes. Whether 273 E 148th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Harvey's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 273 E 148th St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Harvey and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

273 E 148th St was listed on November 03, 2026, which means it's been on the market for 7 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1959, making it approximately 67 years old.

What is the lot size of this property?

273 E 148th St sits on a 0.14-acre lot, which is 6,098 square feet.

What are the property taxes for 273 E 148th St?

The most recent public record shows annual property taxes for 273 E 148th St were approximately $11,721. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 273 E 148th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 10, 2026 at 06:04AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12800046