sale of 1.85-Acre Development Site at 147th Street & Dixie Highway, Harvey, IL
Matanky Realty Group is proud to announce the successful closing of a 1.85-acre development site located at the highly trafficked intersection of 147th Street and Dixie Highway in Harvey, Illinois.
This strategically positioned site serves as a key gateway into Harvey and benefits from exceptional visibility and traffic exposure, with approximately 55,000 VPD at the intersection and more than 105,000 VPD visible from nearby I-57. These fundamentals position the site well for long-term commercial success.
The transaction closed on December 31, 2025, with E&S Development, LLC as the tenant and AGG, LLC as the owner. Matanky Realty Group represented the seller in the transaction, with Terri Cox leading the deal.
Project Momentum & What’s Next
Beyond the sale, Matanky Realty Group remains actively involved in the project, providing leasing services for the development. A 4,000-square-foot lease is currently out for signature, further advancing the site’s momentum.
This development is part of a broader 13-acre vision that has been years in the making and reflects a shared commitment to revitalizing Harvey’s commercial landscape. Project renderings will be released soon, and Matanky Realty Group is also working toward the potential closing of an adjacent 7.3-acre neighboring parcel, which would further enhance the scale and impact of this gateway development.
Stay tuned for updates as this transformative project continues to take shape.
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