16037 Marshfield Ave · Harvey, IL 60426

$169,900

3 bd · 1.5 ba · 918 sqft · SingleFamily public records · 196 Days on market

Built 1973 0.25 ac lot Est $130k · 30% over

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +8.8/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

WHAT A STUNNING DEPARTURE FROM THE ORDINARY AFFORDABLE STARTER ALL BRICK TRI-LEVEL RECOVERED AND REDONE AND NESTLED ON A PRIDE OF OWNERSHIP BLOCK! COME AND GET IT NOW! ACCENT ON EASY COMMUTE TO TRAIN, I-294, AND I-57! REFINISHED GLOWING HARDWOOD FLOORS WARMS LIVING ROOM AND ENTIRE UPPER LEVEL! NEWER CEILING RECESS LIGHTING! INFORMAL BREAKFAST BAR AREA! NEWER QUARTZ COUNTERTOPS, DELUXE DUAL FAUCET, STAINLESS-STEEL APPLIANCES, CERAMIC TILE FLOORS AND BACKSPLASH IN STEP-SAVING KITCHEN! NEWER CEILING FANS IN BEDROOMS WHERE SLUMBER IS INVITED! NEWER SHOWER SPA WITH ALL THE NEEDED BODY SPRAYS IN BOTH FULL BATHS! NEWER CERAMIC TILE FLOORS IN LOWER LEVEL DEN RETREAT AND 4TH BEDROOM WITH TRIPLE-DUTY POTENTIAL AS A POSSIBLE OWNER'S SUITE OR IN-HOME OFFICE OR HOBBY AND CRAFT ROOM HAS IT'S OWN BATH! NEWER FURNACE, HOT WATER HEATER, CENTRAL-AIR, DOORS AND WINDOWS POTENTIALLY MEANS LOWER UTILITY BILLS! TUCKED AWAY LAUNDRY ROOM! ADDITIONAL CRAWL SPACE STORAGE! ROOF OVER MAIN-LEVEL 2020 AND ROOF OVER BEDROOM LEVEL 2012! A ZESTFUL REAR YARD ROOMY ENOUGH FOR A FUTURE 2-CAR-GARAGE! QUALITY HAS BEEN THE 1ST CONSIDERATION HERE! MAKE TODAY THE DAY TO SEE HOW THIS FINE HOME IS DESIGNED FOR MORE OF AN INTIMATE AND VERY LOW MAINTENANCE COMFORT! DON'T YOU DARE BE A SLOW POKE ON THIS ONE!

Key facts

• Quartz countertops
• Updated kitchen
• Ceramic tile

Tags

• REFINISHED HARDWOOD FLOORS
• NEWER RECESSED LIGHTING
• UPDATED KITCHEN
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• CERAMIC TILE

Property features AI

Finance

• Financial info: Special service area: No
• HOA & community: No master association fee required; Community features include park access and typical neighborhood improvements (curbs, sidewalks, street lights, paved streets)

Exterior

• Parking: None specified
• Security: CO detectors
• Utilities: Water from Lake Michigan; Public sewer; Electric with circuit breakers
• Home design: Detached single-family home; Tri-level / split-level design; Fee simple ownership; Rehab completed in 2022; Built approximately 51–60 years ago
• Construction: Brick construction; Asphalt roof; Concrete perimeter foundation; Built before 1978
• Exterior features: Fenced yard; Lot dimensions approximately 30 x 125; Lot under 0.25 acre; Curbs, sidewalks, street lights, and paved streets nearby; Park access

Interior

• Kitchen: Galley-style kitchen with eating area/breakfast bar; Breakfast room (9 x 8)
• Bedrooms: Four bedrooms total; Master bedroom on second floor; Bedroom 2 on second floor (10 x 10); Bedroom 3 on second floor (10 x 9); Bedroom 4 on lower level (12 x 10)
• Flooring: Hardwood in main living areas and bedrooms; Ceramic tile in kitchen, breakfast room, lower-level family room, and lower bedroom
• Bathrooms: Two full bathrooms; Primary bath includes full body spray shower; Basement includes a bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Nine total rooms; Unfinished attic; Finished daylight basement; Cable TV hookup; CO detectors; Ceiling fans; Sump pump
• Laundry & utility: Lower-level laundry with gas dryer hookup, sink, and in-unit laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $683 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#539 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A-; Watch: health & safety D+, crime F, amenities F.
• Thornton Twp Hsd 205 (suburban): math 7% / reading 8% proficiency, ranked #594 of 620 in IL (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Maya Angelou Elem Sch (math 2% / reading 8%, grade F, #1,741 of 2,056 statewide, top 93%, 192 students, 0% FRL); Brooks Middle School (math 3% / reading 14%, grade F, #605 of 665 statewide, top 91%, 487 students, 0% FRL); Thornton Township High School (math 7% / reading 7%, grade F, #605 of 693 statewide, top 87%, 1,628 students, 0% FRL).
• Market conditions: 133 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $17k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $48k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 196 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 15y ago; this cycle's ask has dropped $29k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $149,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 196 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.38% ✓
• Cap rate: 11.12%
• Cash-on-cash: 17.24%
• DSCR: 1.77
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $130,356
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16154 Honore Ave	0.32mi	3/1.0	864 (-6%)	4mo	$110,000	$127	70
16019 Myrtle Ave	0.25mi	3/1.0	1,008 (+10%)	3mo	$70,000	$69	68
16221 Hermitage Ave	0.25mi	3/1.5	1,044 (+14%)	1mo	$192,000	$184	65
16340 Justine St	0.38mi	3/1.0	1,002 (+9%)	6mo	$170,000	$170	60
16535 Hermitage Ave	0.62mi	3/1.0	956 (+4%)	6mo	$133,900	$140	57
16300 Winchester Ave	0.51mi	3/1.0	1,012 (+10%)	2mo	$97,500	$96	56
15734 Marshfield Ave	0.37mi	3/1.0	793 (-14%)	3mo	$49,000	$62	56
16519 Honore Ave	0.63mi	4/1.0 (+1)	956 (+4%)	7mo	$174,900	$183	51
16328 Winchester Ave	0.54mi	3/1.0	1,011 (+10%)	6mo	$135,000	$134	51
16354 Justine St	0.41mi	3/1.0	1,053 (+15%)	6mo	$170,000	$161	49
106 W 157th St	0.52mi	4/1.0 (+1)	1,012 (+10%)	5mo	$145,500	$144	48
16333 Winchester Ave	0.52mi	3/1.0	1,053 (+15%)	6mo	$149,000	$142	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.1%
• Equity multiple: 3.86×
• Total profit: $136,092
• Equity at exit: $153,059

10-year hold

• IRR: 31.9%
• Equity multiple: 8.71×
• Total profit: $366,611
• Equity at exit: $330,078

Cash invested: $47,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 60426

• Home prices YoY: 6.9%
• Active inventory: 133
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $2,351 medium
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,548/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$494
• Net cashflow: $683

Break-even live

Break-even rent $1,486

Max offer price $169,900

Occupancy floor 66%

Sensitivity live

Price	-10% $801	-5% $742	+0% $683	+5% $625	+10% $566
Rent	-10% $498	-5% $590	+0% $683	+5% $776	+10% $869
Rate	-1.0pp $769	-0.5pp $727	base $683	+0.5pp $639	+1.0pp $595

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16125 Marshfield Ave Markham, IL	3.0	1.0	1043	$2,400	$2.30	0d	1	0.10mi
16048 Halsted St Unit 2 Harvey, IL	3.0	1.0	1091	$1,650	$1.51	26d	1	1.05mi
16752 Artesian Ave Hazel Crest, IL	3.0	1.0	867	$2,500	$2.88	0d	1	1.34mi
2308 170th St Hazel Crest, IL	3.0	2.0	1020	$2,400	$2.35	0d	1	1.44mi

Listing history 22 events

1. 2026-06-15
   days on market $169,900 Active 196 DOM
2. 2026-06-13
   days on market $169,900 Active 194 DOM
3. 2026-06-13
   days on market $169,900 Active 193 DOM
4. 2026-06-09
   days on market $169,900 Active 190 DOM
5. 2026-06-08
   days on market $169,900 Active 189 DOM
6. 2026-06-07
   days on market $169,900 Active 188 DOM
7. 2026-06-04
   days on market $169,900 Active 185 DOM
8. 2026-06-03
   days on market $169,900 Active 184 DOM
9. 2026-06-02
   days on market $169,900 Active 183 DOM
10. 2026-06-01
    days on market $169,900 Active 182 DOM
11. 2026-05-31
    days on market $169,900 Active 181 DOM
12. 2026-04-09
    price $169,900
13. 2025-12-28
    price $189,900
14. 2025-12-01
    listed $199,000 Active
15. 2022-04-15
    soldstatus $160,000
16. 2022-03-22
    soldstatus $160,000 Closed 1300-char remark

    Show marketing remark (1300 chars)

    WHAT A STUNNING DEPARTURE FROM THE ORDINARY AFFORDABLE STARTER ALL BRICK TRI-LEVEL RECOVERED AND REDONE AND NESTLED ON A PRIDE OF OWNERSHIP BLOCK! COME AND GET IT NOW! ACCENT ON EASY COMMUTE TO TRAIN, I-294, AND I-57! REFINISHED GLOWING HARDWOOD FLOORS WARMS LIVING ROOM AND ENTIRE UPPER LEVEL! NEWER CEILING RECESS LIGHTING! INFORMAL BREAKFAST BAR AREA! NEWER QUARTZ COUNTERTOPS, DELUXE DUAL FAUCET, STAINLESS-STEEL APPLIANCES, CERAMIC TILE FLOORS AND BACKSPLASH IN STEP-SAVING KITCHEN! NEWER CEILING FANS IN BEDROOMS WHERE SLUMBER IS INVITED! NEWER SHOWER SPA WITH ALL THE NEEDED BODY SPRAYS IN BOTH FULL BATHS! NEWER CERAMIC TILE FLOORS IN LOWER LEVEL DEN RETREAT AND 4TH BEDROOM WITH TRIPLE-DUTY POTENTIAL AS A POSSIBLE OWNER'S SUITE OR IN-HOME OFFICE OR HOBBY AND CRAFT ROOM HAS IT'S OWN BATH! NEWER FURNACE, HOT WATER HEATER, CENTRAL-AIR, DOORS AND WINDOWS POTENTIALLY MEANS LOWER UTILITY BILLS! TUCKED AWAY LAUNDRY ROOM! ADDITIONAL CRAWL SPACE STORAGE! ROOF OVER MAIN-LEVEL 2020 AND ROOF OVER BEDROOM LEVEL 2012! A ZESTFUL REAR YARD ROOMY ENOUGH FOR A FUTURE 2-CAR-GARAGE! QUALITY HAS BEEN THE 1ST CONSIDERATION HERE! MAKE TODAY THE DAY TO SEE HOW THIS FINE HOME IS DESIGNED FOR MORE OF AN INTIMATE AND VERY LOW MAINTENANCE COMFORT! DON'T YOU DARE BE A SLOW POKE ON THIS ONE!

17. 2022-02-15
    historical Contingent - Continue to Show 1300-char remark

    Show marketing remark (1300 chars)

    WHAT A STUNNING DEPARTURE FROM THE ORDINARY AFFORDABLE STARTER ALL BRICK TRI-LEVEL RECOVERED AND REDONE AND NESTLED ON A PRIDE OF OWNERSHIP BLOCK! COME AND GET IT NOW! ACCENT ON EASY COMMUTE TO TRAIN, I-294, AND I-57! REFINISHED GLOWING HARDWOOD FLOORS WARMS LIVING ROOM AND ENTIRE UPPER LEVEL! NEWER CEILING RECESS LIGHTING! INFORMAL BREAKFAST BAR AREA! NEWER QUARTZ COUNTERTOPS, DELUXE DUAL FAUCET, STAINLESS-STEEL APPLIANCES, CERAMIC TILE FLOORS AND BACKSPLASH IN STEP-SAVING KITCHEN! NEWER CEILING FANS IN BEDROOMS WHERE SLUMBER IS INVITED! NEWER SHOWER SPA WITH ALL THE NEEDED BODY SPRAYS IN BOTH FULL BATHS! NEWER CERAMIC TILE FLOORS IN LOWER LEVEL DEN RETREAT AND 4TH BEDROOM WITH TRIPLE-DUTY POTENTIAL AS A POSSIBLE OWNER'S SUITE OR IN-HOME OFFICE OR HOBBY AND CRAFT ROOM HAS IT'S OWN BATH! NEWER FURNACE, HOT WATER HEATER, CENTRAL-AIR, DOORS AND WINDOWS POTENTIALLY MEANS LOWER UTILITY BILLS! TUCKED AWAY LAUNDRY ROOM! ADDITIONAL CRAWL SPACE STORAGE! ROOF OVER MAIN-LEVEL 2020 AND ROOF OVER BEDROOM LEVEL 2012! A ZESTFUL REAR YARD ROOMY ENOUGH FOR A FUTURE 2-CAR-GARAGE! QUALITY HAS BEEN THE 1ST CONSIDERATION HERE! MAKE TODAY THE DAY TO SEE HOW THIS FINE HOME IS DESIGNED FOR MORE OF AN INTIMATE AND VERY LOW MAINTENANCE COMFORT! DON'T YOU DARE BE A SLOW POKE ON THIS ONE!

18. 2022-02-01
    status Active Under Contract 1300-char remark

    Show marketing remark (1300 chars)

    WHAT A STUNNING DEPARTURE FROM THE ORDINARY AFFORDABLE STARTER ALL BRICK TRI-LEVEL RECOVERED AND REDONE AND NESTLED ON A PRIDE OF OWNERSHIP BLOCK! COME AND GET IT NOW! ACCENT ON EASY COMMUTE TO TRAIN, I-294, AND I-57! REFINISHED GLOWING HARDWOOD FLOORS WARMS LIVING ROOM AND ENTIRE UPPER LEVEL! NEWER CEILING RECESS LIGHTING! INFORMAL BREAKFAST BAR AREA! NEWER QUARTZ COUNTERTOPS, DELUXE DUAL FAUCET, STAINLESS-STEEL APPLIANCES, CERAMIC TILE FLOORS AND BACKSPLASH IN STEP-SAVING KITCHEN! NEWER CEILING FANS IN BEDROOMS WHERE SLUMBER IS INVITED! NEWER SHOWER SPA WITH ALL THE NEEDED BODY SPRAYS IN BOTH FULL BATHS! NEWER CERAMIC TILE FLOORS IN LOWER LEVEL DEN RETREAT AND 4TH BEDROOM WITH TRIPLE-DUTY POTENTIAL AS A POSSIBLE OWNER'S SUITE OR IN-HOME OFFICE OR HOBBY AND CRAFT ROOM HAS IT'S OWN BATH! NEWER FURNACE, HOT WATER HEATER, CENTRAL-AIR, DOORS AND WINDOWS POTENTIALLY MEANS LOWER UTILITY BILLS! TUCKED AWAY LAUNDRY ROOM! ADDITIONAL CRAWL SPACE STORAGE! ROOF OVER MAIN-LEVEL 2020 AND ROOF OVER BEDROOM LEVEL 2012! A ZESTFUL REAR YARD ROOMY ENOUGH FOR A FUTURE 2-CAR-GARAGE! QUALITY HAS BEEN THE 1ST CONSIDERATION HERE! MAKE TODAY THE DAY TO SEE HOW THIS FINE HOME IS DESIGNED FOR MORE OF AN INTIMATE AND VERY LOW MAINTENANCE COMFORT! DON'T YOU DARE BE A SLOW POKE ON THIS ONE!

19. 2022-01-28
    listed $149,000 Active 1300-char remark

    Show marketing remark (1300 chars)

    WHAT A STUNNING DEPARTURE FROM THE ORDINARY AFFORDABLE STARTER ALL BRICK TRI-LEVEL RECOVERED AND REDONE AND NESTLED ON A PRIDE OF OWNERSHIP BLOCK! COME AND GET IT NOW! ACCENT ON EASY COMMUTE TO TRAIN, I-294, AND I-57! REFINISHED GLOWING HARDWOOD FLOORS WARMS LIVING ROOM AND ENTIRE UPPER LEVEL! NEWER CEILING RECESS LIGHTING! INFORMAL BREAKFAST BAR AREA! NEWER QUARTZ COUNTERTOPS, DELUXE DUAL FAUCET, STAINLESS-STEEL APPLIANCES, CERAMIC TILE FLOORS AND BACKSPLASH IN STEP-SAVING KITCHEN! NEWER CEILING FANS IN BEDROOMS WHERE SLUMBER IS INVITED! NEWER SHOWER SPA WITH ALL THE NEEDED BODY SPRAYS IN BOTH FULL BATHS! NEWER CERAMIC TILE FLOORS IN LOWER LEVEL DEN RETREAT AND 4TH BEDROOM WITH TRIPLE-DUTY POTENTIAL AS A POSSIBLE OWNER'S SUITE OR IN-HOME OFFICE OR HOBBY AND CRAFT ROOM HAS IT'S OWN BATH! NEWER FURNACE, HOT WATER HEATER, CENTRAL-AIR, DOORS AND WINDOWS POTENTIALLY MEANS LOWER UTILITY BILLS! TUCKED AWAY LAUNDRY ROOM! ADDITIONAL CRAWL SPACE STORAGE! ROOF OVER MAIN-LEVEL 2020 AND ROOF OVER BEDROOM LEVEL 2012! A ZESTFUL REAR YARD ROOMY ENOUGH FOR A FUTURE 2-CAR-GARAGE! QUALITY HAS BEEN THE 1ST CONSIDERATION HERE! MAKE TODAY THE DAY TO SEE HOW THIS FINE HOME IS DESIGNED FOR MORE OF AN INTIMATE AND VERY LOW MAINTENANCE COMFORT! DON'T YOU DARE BE A SLOW POKE ON THIS ONE!

20. 2012-01-03
    soldstatus $21,100 Closed Sale 379-char remark

    Show marketing remark (379 chars)

    3 bedroom 1.5 bathroom brick, sided split level with a shed in the back yard. Property is located near amenities including transportation and schools. Corp owned, sold as is, no survey, no termite, no disclosure. Buyer responsible for any/all inspections, compliances, and escrows. Fax all offers with proof of funds or prequal letter. Earnest money needs to be certified funds.

21. 2011-12-06
    status Pending 379-char remark

    Show marketing remark (379 chars)

    3 bedroom 1.5 bathroom brick, sided split level with a shed in the back yard. Property is located near amenities including transportation and schools. Corp owned, sold as is, no survey, no termite, no disclosure. Buyer responsible for any/all inspections, compliances, and escrows. Fax all offers with proof of funds or prequal letter. Earnest money needs to be certified funds.

22. 2011-11-18
    listed $14,850 New 379-char remark

    Show marketing remark (379 chars)

    3 bedroom 1.5 bathroom brick, sided split level with a shed in the back yard. Property is located near amenities including transportation and schools. Corp owned, sold as is, no survey, no termite, no disclosure. Buyer responsible for any/all inspections, compliances, and escrows. Fax all offers with proof of funds or prequal letter. Earnest money needs to be certified funds.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,215
• − Mortgage interest: −$9,517
• − Property taxes: −$2,548
• − Insurance: −$850
• − Repairs & maintenance: −$2,257
• − Management: −$2,257
• − Depreciation: −$4,943
• Taxable income: $5,843
• Est. tax owed @ 24.0%: −$1,402
• After-tax cash flow: $6,798/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Thornton Twp Hsd 205
• NCES district ID: 1738970
• Math proficiency: 7% ▬ 0.00%
• Reading proficiency: 8% ▼ -2.00%
• Median HH income: $43,392
• Composite: 6.92/100
• National rank: #9976
• State rank: #594 of 620 in IL

Livability — Harvey

• Score: 67/100
• State rank: #539
• US rank: #11162

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment F Housing A- Health & safety D+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harvey, IL
• City population: 23,066
• Population (ZIP): 23,066

Population outlook (Cook County) Hauer SSP2

• Today (2025): 5,347,519 people
• By 2030: 5,357,703 · +0.2%
• By 2040: 5,324,924 · -0.4%
• By 2050: 5,230,762 · -2.2%
• By 2075: 4,785,735 · -10.5%
• By 2100: 4,188,836 · -21.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (59%)
• Race & ethnicity: Black 59% Hispanic / Latino 33% Two or more races 12% White 3% Asian 2%
• Hispanic origin (detail): Mexican 31%
• Foreign-born: 17% · Canada
• Languages at home: 67% English-only · Spanish 30% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Cook

• 2024 margin: Solid D (+42.0) · D 70.4% · R 28.4% · Other 1.2%
• 2008→2024 swing: -11.4pp toward R · 2008: 53.4pp · 2024: 42.0pp
• All cycles: 2024: D+42.0 2020: D+50.3 2016: D+53.0 2012: D+49.4 2008: D+53.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 20.36%
• Current HPI: 313.7895
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

+1044.1% since first listed

11 events — show timeline

• 2026-04-09 Price Changed $169,900 MRED as Distributed by MLS Grid
• 2025-12-28 Price Changed $189,900 MRED as Distributed by MLS Grid
• 2025-12-01 Listed $199,000 MRED as Distributed by MLS Grid
• 2022-04-15 Sold (Public Records) $160,000 Public Records
• 2022-03-22 Sold (MLS) $160,000 MRED as Distributed by MLS Grid
• 2022-02-15 Contingent — MRED as Distributed by MLS Grid
• 2022-02-01 Pending — MRED as Distributed by MLS Grid
• 2022-01-28 Listed $149,000 MRED as Distributed by MLS Grid
• 2012-01-03 Sold (MLS) $21,100 MRED as Distributed by MLS Grid
• 2011-12-06 Pending — MRED as Distributed by MLS Grid
• 2011-11-18 Listed $14,850 MRED as Distributed by MLS Grid

Property tax history

+5.5%/yr

Latest (2023): $9,413 · +205.0% YoY. Source: county tax records.