Sanja Scordato
REALTOR®
BEDS4
BATHS2 full
SQUARE FEET864
MLS#12669664
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 205
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.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Natural Gas, Forced Air
Home Style: Step Ranch
Lot Size: 145 X 37.50
Roof Type: Asphalt
Taxes: $1,614
Year Built: 1959
Amenities
In-Law Floorplan
Feature Descriptions
Additional rooms: Screened Porch
Association Includes: None
Exterior: Brick
Fireplace: Gas Starter
Fireplace Location(s): Basement
Lot Dimensions: 145 X 37.50
Parcel#: 29074160440000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 7
Township: Thornton
Water: Lake Michigan
Room Sizes
Screened Porch: 22X15
Bedroom 2: 11X11
Bedroom 3: 12X10
Bedroom 4: 11X10
Family Room: 17X16
Kitchen: 17X10
Living Room: 15X12
Primary Bedroom: 22X11
Local Schools
School District: District 205
Listed By / Shown By
Listed By
Agency Name: EXIT Strategy Realty
Agency Phone: 312-554-5478
Shown By
Agent Name: Sanja Scordato
Agent Phone: (815) 505-0700
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimate Your Payment
Estimated Payment
$ 383.71 per month $220.33 Principal & Interest $134.50 Property Tax $28.88 Homeowner's InsuranceChange Payment Information
Sanja Scordato
Cell: (815) 505-0700
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131 W 150th Street | MLS# 12669664
This single family home located at 131 W 150th Street , Harvey, IL 60426 is currently listed for sale with an asking price of $99,000. This property was built in 1959 and has 4 bedrooms and 2 full baths with 864 sq. ft. W 150th Street is located within the District 205 school district. Search Harvey real estate on sanja.bhhscrosby.com today.