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Listing provided courtesy of EXIT Strategy RealtyMREDas Distributed by MLSGrid- MLS# 12669664MLS Provider

131 W 150TH StreetHarvey, IL 60426

Single Family · 4 Beds · 2 Full Baths · 864 Sq. ft.
$74,999 Price Change

131 W 150TH Street Overview

Time on Site:
24 days
Visits:
0

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.

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131 W 150TH Street Facts & Features

  • Type Single Family
  • Sq. ft. 864
  • Price/Sq.ft. $87

Details

General

Association/HOA

  • Association Fee: $0.00
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 205

Building Information

  • New Construction: No
  • Year Built: 1959

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Harvey
  • Township: Thornton

Tax Information

  • Tax Annual Amount: $1,614.34
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 29074160440000
  • Property Type: Residential
  • Special Listing Conditions: Home Warranty

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 4

Building Interior

  • Fireplace Location: Basement

General Information

  • Basement: Finished, Full, Walk-Out Access
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Fireplace Features: Gas Starter
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Interior Features: In-Law Floorplan
  • Living Area: 864
  • Living Area Source: Estimated
  • Rooms Total: 7

Exterior

Parking Information

  • Parking Features: Yes, Detached, Garage
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Dimensions: 145 X 37.50
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Step Ranch
  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Family Room

  • Level: Basement
  • Dimensions: 17X16

Room: Master Bedroom

  • Level: Basement
  • Dimensions: 22X11

Room: Living Room

  • Level: Lower
  • Dimensions: 15X12

Room: Bedroom 2

  • Level: Main
  • Dimensions: 11X11

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X10

Room: Bedroom 4

  • Level: Main
  • Dimensions: 11X10

Room: Kitchen

  • Level: Main
  • Dimensions: 17X10

Room: Screened Porch

  • Level: Main
  • Dimensions: 22X15

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Dining Room

  • Level: N/A

Room: Laundry

  • Level: N/A

131 W 150TH Street Neighborhood

Community

60426 (Harvey) Demographics

36
Median Age
3,616
Population Density (per sq. mile)
17%
College Educated
$34,580
Estimated Median Income
5,377
Estimated Total Home Owners
4,661
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

131 W 150TH Street Monthly Cost

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$
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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

131 W 150TH Street Market Data

Based on the last 30 days in this zip code

$164,108
Average List Price
$105
Average Price per Square Foot
16
Properties Sold
110
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

131 W 150TH Street History

Date Event Value Agent
6/29/2026Source: MRED Price Reduction
$74,999 -15.7%
6/29/2026Source: MRED Status Change
Price Change
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Price Reduction
$89,000 -10.1%
6/17/2026Source: MRED Status Change
Price Change
6/10/2026Source: MRED Status Change
Active
6/5/2026Source: MRED Added to Database
June 05, 2026