171 E 154th St 12,000 SF 100% Leased Retail Building Harvey, IL 60426 $395,000 ($32.92/SF) 11.06% Cap Rate

SVN is pleased to present Beacon on 154 at 169-171 E. 154th Street and 15341 Center Avenue, an 11-unit, Mixed-Use Retail and Multi-Family property of approximately ±12,000 SF available in the heart of downtown Harvey, Illinois. Three (3) retail units are 100% occupied by Instant Tax Service, TruStar Beauty Bar & Suites, and EBJ Foundation resale store. Six (6) occupied Multi-Family units and value-add with completion of the remaining 2 units, third-floor units ±1,525 SF on the third floor, below market rents and transfer of unit utilities (individually metered) to existing tenants. Additional storage available in the basement.
Recent renovations include windows, plumbing, an exit stairway, a common area and roof improvements. The Pace bus stop is in front of the building and it is only a few blocks' walking distance to the Metra station. A new development corridor with a 52-unit apartment development called "Harvey Lofts" and the Harvey Police Department Sub Station steps away.