Harvey, IL: Affordable Living Set for Growth

Things to Do in Harvey, Illinois

Harvey offers a blend of suburban charm and urban accessibility, appealing to families, professionals, and investors:

• Harvey Community Center: Enjoy local events like the Harvey Summer Fest and youth programs, fostering a strong community spirit.

• Wind Creek Chicago Southland Casino: A short drive to East Hazel Crest, this 2024-opened casino offers 1,400 slot machines, dining, and entertainment, boosting regional appeal.

• Sand Ridge Nature Center: Nearby in South Holland, explore hiking trails, wildlife exhibits, and family-friendly nature programs.

• Chicago Access: With quick expressway access via I-94 and I-57, residents can reach Chicago’s Loop in about 25 minutes for world-class dining, museums, and entertainment.

Revitalization efforts, including commercial redevelopment along Halsted Street, are attracting new retail and dining options, enhancing Harvey’s appeal as a place to live or invest.

Schools in Harvey, Illinois

Harvey is served by Harvey School District 152 and Thornton Township High School District 205, offering educational options for families. Notable schools include:

• Gwendolyn Brooks Middle School: Provides a supportive environment with programs for young learners in Harvey.

• Holmes Elementary School: Known for its focus on early education and community engagement in Harvey.

• Thornton Township High School: Offers academics, vocational training, and athletics in Harvey.

Nearby Prairie State College in Chicago Heights provides higher education and workforce training. I, Daniel Ellington, can help you find homes near quality schools tailored to your family’s needs.

Parks and Recreation

Harvey’s parks and nearby recreational areas enhance its appeal for active lifestyles and community connection:

• Martin Luther King Jr. Park: Located in Harvey, features playgrounds, basketball courts, and picnic areas, ideal for family outings.

• Lexington Park: Offers green spaces and recreational facilities in Harvey for community events and relaxation.

• William Powers State Recreation Area: A short drive away near Wolf Lake, provides fishing, boating, and trails.

Properties near these parks are increasingly desirable as revitalization efforts improve community amenities. I can guide you to homes in prime locations to maximize lifestyle and value.

Median Home Price in Harvey

Harvey’s real estate market is highly affordable, with revitalization driving interest. As of December 2024, the median home price is $133,000, up 15.8% from last year, with a median price per square foot of $90 (inferred from regional trends). Homes spend about 47 days on the market, reflecting a buyer’s market with 119 homes for sale, up 4.4% from November 2024. Over the past five years, Harvey has seen a cumulative appreciation rate of approximately 75% (15% annually), aligning with Cook County’s suburban trends.

The commercial redevelopment along Halsted Street, supported by local economic initiatives and grants, is expected to boost property values, particularly in neighborhoods like West Harvey and South Harvey. Buyers have options across single-family homes, duplexes, and small apartment buildings, while sellers benefit from increasing demand. Whether you’re buying your first home or selling for top value, I, Daniel Ellington, will leverage my expertise to secure the best deal.

Typical Property Taxes in Harvey

Property taxes in Harvey are a key consideration for homeowners and investors. In Cook County, the median annual property tax bill is around $4,500, with rates typically ranging from 1.8-2.5% of assessed value (calculated at 33.33% of market value). For a $133,000 home, expect an annual tax bill of approximately $2,394-$3,325, though homestead or senior exemptions can reduce this. Harvey’s affordability compared to Cook County’s median home price of $340,000, combined with quick expressway access via I-94 and I-57 and revitalization momentum, makes it a budget-friendly option with growth potential.

I, Daniel Ellington, can connect you with tools like Cook County’s Property Tax Calculator and specialists to explore tax-saving strategies, ensuring you maximize your investment.

Why Invest in Harvey Real Estate?

Harvey’s real estate market offers compelling opportunities, fueled by its revitalization efforts:

• Strong Appreciation: A 75% appreciation rate over five years positions Harvey as a high-value suburb in Cook County.

• Affordable Entry Point: With a median home value of $133,000, Harvey is significantly below Cook County’s $340,000, appealing to first-time buyers and investors.

• Rental Demand: With 30% of homes rented and proximity to Chicago, Harvey attracts tenants, with median rents around $1,000-$1,400 monthly, offering solid cash flow.

• Prime Location: Just 19 miles from Chicago, quick expressway access via I-94 and I-57 enhances commuter appeal, supported by commercial redevelopment.

• Revitalization Momentum: Efforts to redevelop Halsted Street’s commercial corridor, with new retail and dining options funded by local grants, signal economic growth, making areas like West Harvey prime for investment.

From rehabbed bungalows to multi-family units, I, Daniel Ellington, can help you identify high-return properties tailored to your investment goals, capitalizing on Harvey’s upward trajectory.

Why Choose Daniel Ellington as Your Harvey Real Estate Expert?

Navigating Harvey’s affordable market, with its revitalization potential, requires local expertise and a strategic approach. As your trusted real estate professional, I offer:

• Market Mastery: Deep knowledge of Harvey’s neighborhoods, from West Harvey to South Harvey, and their unique trends.

• Personalized Guidance: Tailored strategies for first-time buyers, families, or investors to meet your specific objectives.

• Negotiation Expertise: Proven skills to secure top value for sellers and competitive deals for buyers in a buyer-friendly market.

• Comprehensive Support: Access to lenders, inspectors, and tax specialists to streamline your transaction and maximize savings.

Ready to buy, sell, or invest in Harvey? Contact me, Daniel Ellington, at [insert contact info] to schedule a consultation and start your journey today!

Final Thoughts

Harvey, Illinois, offers an affordable blend of suburban living, community charm, and investment potential, and I particularly like the quick expressway access via I-94 and I-57 for seamless commutes. Set for growth with commercial redevelopment along Halsted Street and community-focused initiatives, Harvey is poised for a bright future. Whether you’re seeking a starter home, a rental property, or a quick sale, I, Daniel Ellington, am here to guide you every step of the way. Reach out today to unlock the opportunities in Harvey’s thriving real estate market!