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14701 Myrtle Avenue, Harvey, IL 60426

$350,000
  • 14701 Myrtle Avenue, Harvey, IL 60426 Main Photo

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Pending
SQUARE FEET20,000 MLS#12518110
STATUSPending PROPERTY TYPECommercial - Office

Property Description

TRANSFORM 20,000 SQ FT INTO A TRIPLE-INCOME POWERHOUSE IN HARVEY, IL Imagine collecting rent from THREE different sources every single month. This isn't just a property-it's a ready-made income ecosystem with built-in diversification that savvy investors dream about. Currently home to The First Church of God, this meticulously maintained facility offers an extraordinary opportunity to generate $8,000-$12,000+ monthly from DAY ONE through strategic multi-tenant configuration: INCOME STREAM #1: Weekend Church Rental ($2,500-$3,500/month) 200-person sanctuary with professional sound system, baptismal tank, and video systems ALL INCLUDED! Wednesday evening + weekend services = steady, reliable income INCOME STREAM #2: Weekday Daycare Operations ($3,000-$4,500/month) Perfectly configured spaces for Monday-Friday childcare services Kitchen facilities already in place Separate entrance ensures zero conflict with other tenants Growing demand in Harvey for quality childcare = waiting list potential INCOME STREAM #3: Professional Office Suites ($2,500-$4,000/month) 15 individual offices ready for doctors, therapists, attorneys Second-floor location provides privacy and prestige Separate HVAC systems = tenants control their own comfort and costs Multiple entrances allow 24/7 professional access THE NUMBERS THAT MATTER: 20,000 sq ft of income-generating space Current parking for 20 cars PLUS additional lot ready for 20-30 more spaces Four sets of bathrooms across multiple levels JUST PASSED City of Harvey inspection (no hidden surprises!) ADDITIONAL INCOME OPPORTUNITIES: Event hall with commercial kitchen: Add $1,500-$2,500/month from parties, quinceaneras, community gatherings Evening programming space: Adult education, fitness classes, support groups Weekend parking: Overflow for nearby businesses or events WHY THIS WORKS: The building's brilliant design-multiple entrances, separate HVAC zones, natural space divisions-means each tenant operates independently. Your daycare families never cross paths with law office clients. Your weekend church services don't interfere with Monday morning therapy sessions. PERFECT FOR: Community Development Corporations seeking sustainable revenue models Impact investors wanting strong returns AND community benefit Experienced operators who understand the power of diversified income Visionaries who see beyond traditional single-use properties LOCATION ADVANTAGES: Harvey's strategic position: Chicago access without Chicago prices Growing Hispanic community = built-in market for all three uses City's revitalization efforts = appreciation potential This isn't just real estate-it's a community ecosystem that pays you monthly from multiple sources. While other investors chase single-tenant risks, you'll sleep soundly knowing that even if one tenant leaves, you still have income flowing. The building recently passed Harvey ins

14701 Myrtle Avenue | MLS# 12518110

This commercial property located at 14701 Myrtle Avenue, Harvey, IL 60426 is currently listed for sale with an asking price of $350,000. Search Harvey real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.22 Acres
Roof Type: Composition
Stories: 2.0
Year Built: 1950

Feature Descriptions

Electric: Service - 101 to 200 Amps
Exterior: Brick
Fire Protection: Alarm On Site, Fire Extinguisher/s
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Bldg Heat, Forced Air, Gas, Heat Pump, Hot Water
Location: Central Business District
Lot Dimensions: 75 x 125
Number of Tenant(s): 0
Parcel#: 29083020010000
Potential Use: Commercial, Office, Special Use
Units: 20

Listed By / Shown By

Listed By

Agency Name: Harthside Realtors, Inc.
Agency Phone: 708-371-1910

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