c.1897 Illinois Handyman Special Under $50K
OHU50K Notes $49,873
Three-bedroom, one-bath Illinois handyman special with wrap-around porch, hardwood floors, built-in corner cupboard, eat-in kitchen and public sewer.
Realtor Comments
Investor’s and Rehabber’s Dream: Victorian Charm Await Your Vision. Embrace the opportunity to restore this historic 2-story Victorian to its former grandeur! This property, in need of extensive rehab, offers a nostalgic charm with its expansive wrap-around porch. Step inside to discover a main level featuring a formal dining area, a spacious living room, an L-shaped kitchen, and a versatile bedroom or den. Upstairs, you’ll find two additional bedrooms, complemented by a lofty area. The unfinished basement provides ample storage space. Sold as-is, the price reflects the property’s current condition-ideal for those ready to take on the challenge. Buyer to assume responsibility for any necessary city repairs and escrows. Don’t miss out on the chance to revitalize this ‘neglected’ gem into a true masterpiece. Schedule your showing today!
- 3 bed
- 1 bath
- Build date 1897
15604 Loomis Ave, Harvey, IL 60426 $49,873
- Contact Realtor: Thomas Domasik
- Google Maps
- Niche
Location of This Illinois Handyman Special
Pros of Harvey, IL:
- Affordable housing prices compared to Chicago and many suburbs
- Convenient location with proximity to Chicago (approximately 20 miles south)
- Access to public transportation via Metra Electric line
- Cultural diversity with strong community ties
- Several parks and recreational facilities
- Close to major highways (I-57, I-80, I-294)
- Lower property taxes than some neighboring suburbs
- Rich industrial history and heritage
- Potential for investment as revitalization efforts continue
- Access to Lake Michigan and forest preserves within reasonable driving distance
Cons of Harvey, IL:
- Higher crime rates compared to state and national averages
- Economic challenges with higher unemployment than surrounding areas
- Struggling school system with lower performance metrics
- Declining population over recent decades
- Infrastructure issues including aging roads and buildings
- Limited dining, shopping, and entertainment options
- Perception and reputation challenges affecting property values
- Some environmental concerns from past industrial activity
- Limited job opportunities within the immediate community
- Financial challenges at the municipal government level
