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.
Price change
Price cut: $14K (6/27)
$74,999
131 W 150th St, Harvey, IL 60426
4beds
864sqft
Single Family Residence
Built in 1959
5,437 Square Feet Lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
Solid brick ranchMultiple bedroomsDurable brick constructionDesirable single-story layoutAttractive curb appealOriginal hardwood flooring
- 26 days |
- 518 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Ja'Mal Green jaymalgreen@gmail.com,
EXIT Strategy Realty
Source: MRED as distributed by MLS GRID,MLS#: 12669664
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Screened Porch
Primary bedroom
- Features: Flooring (Other)
- Level: Basement
- Area: 242 Square Feet
- Dimensions: 22X11
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 4
- Features: Flooring (Carpet)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Family room
- Features: Flooring (Other)
- Level: Basement
- Area: 272 Square Feet
- Dimensions: 17X16
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl)
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17X10
Living room
- Features: Flooring (Carpet)
- Level: Lower
- Area: 180 Square Feet
- Dimensions: 15X12
Screened porch
- Features: Flooring (Other)
- Level: Main
- Area: 330 Square Feet
- Dimensions: 22X15
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- In-Law Floorplan
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Basement
Interior area
- Total structure area: 0
- Total interior livable area: 864 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Fencing: Fenced
Lot
- Size: 5,437 Square Feet
- Dimensions: 145 X 37.50
Details
- Parcel number: 29074160440000
- Special conditions: Home Warranty
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Step Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1959
Details
- Warranty included: Yes
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Services included: None
Location
- Region: Harvey
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $62,000
- Annual tax amount: $1,614
- Date on market: 6/5/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,152/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $74,999-15.7%$87/sqft |
Source:  MRED as distributed by MLS GRID #12669664 Report a problem | ||
| 6/18/2026 | Price change | $89,000-10.1%$103/sqft |
Source: MRED as distributed by MLS GRID #12669664 Report a problem | ||
| 6/5/2026 | Listed for sale | $99,000-16.4%$115/sqft |
Source: MRED as distributed by MLS GRID #12669664 Report a problem | ||
| 2/14/2007 | Sold | $118,450$137/sqft |
Source: MRED as distributed by MLS GRID #06324678 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $6,200 +0% |
| 2023 | $2,046 +115.4% | $6,199 +37.2% |
| 2022 | $950 -5.5% | $4,517 |
| 2021 | $1,005 -13.6% | $4,517 |
| 2020 | $1,162 -38.3% | $4,517 -21.5% |
| 2019 | $1,884 +3.6% | $5,752 |
| 2018 | $1,819 -0.9% | $5,752 |
| 2017 | $1,835 -28.8% | $5,752 -5.1% |
| 2016 | $2,576 +7.8% | $6,062 |
| 2015 | $2,390 -1.1% | $6,062 |
| 2014 | $2,416 -8.1% | $6,062 -10.3% |
| 2013 | $2,629 +0.5% | $6,755 |
| 2012 | $2,615 -1.4% | $6,755 |
| 2011 | $2,654 -3.3% | $6,755 -7% |
| 2010 | $2,745 +4% | $7,263 |
| 2009 | $2,639 +4.2% | $7,263 -5% |
| 2008 | $2,532 -25% | $7,645 +3% |
| 2007 | $3,375 +109% | $7,419 |
| 2006 | $1,615 +7.8% | $7,419 |
| 2005 | $1,499 -7.2% | $7,419 +27.7% |
| 2004 | $1,614 -0.7% | $5,809 |
| 2003 | $1,625 +42.1% | $5,809 |
| 2002 | $1,144 +67.3% | $5,809 +17.5% |
| 2001 | $684 +8.4% | $4,944 |
| 2000 | $631 -5.8% | $4,944 |
| 1999 | $670 | $4,944 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 60426
Nearby schools
GreatSchools rating
- 3/10Rosa L Parks Middle SchoolGrades: 5-8Distance: 0.4 mi
- 2/10Thornton Township High SchoolGrades: 9-12Distance: 1.1 mi
- 2/10Martin L King Elementary SchoolGrades: 1-4Distance: 0.5 mi
Schools provided by the listing agent
- District: 147
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Harvey
- 60426
- 131 W 150th St
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