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West 154th Street Harvey
Multi Family Housing
ProActive Realty Income Fund II Open
113 West 154th Street, Harvey Illinois is a group of 6 buildings with a total of 36 units and impressive green space located in a quiet neighborbood. Residents will have easy access to public transportation and walk to many local food and retail establishments nearby. Harvey, Illinois has become a destination for businesses seeking warehousing space including a massive Amazon facility recently constructed nearby. The City of Chicago is 12 minutes away by car and 30 minutes by bike. This project will serve as a template to transform neglected and abandoned properties into desirable affordable housing options in a suburb of the City of Chicago.
Facts & Figures
Transaction Status
Location
Designation
Asset Class
Acquired August 2020
Harvey, Illinois
Opportunity Zone
Multifamily
Number of Units
Sizes
Affordability
36
800 to 1000 square feet
$1075 for one bedroom and $1225 for two bedroom
Want to Learn More About this Project?
Hammond Estates in the News
2022
2021
2020
Commence renovations to buildings 1 and 2 and fully rented by end of the year.
Developed architecture and green space plan to transform this property.
Acquired 2 of 6 buildings with options to purchase the remaining 4 buildings.
