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Ashton Plan 🏗️ New Construction
F Composite 32.8
Why this score? — see what drove the F 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).

  • ARV discount +7.5/15.0
  • Cash flow +7.3/30.0
  • Condition / age +4.8/5.0
  • Schools +3.8/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • 1% rule +2.1/10.0
  • DSCR +1.5/10.0
  • Appreciation +0.0/10.0

$393,990

Ashton Plan · Plainfield, IL 60585
2 bd · 2.5 ba · 1,883 sqft · Townhouse · 742 Days on market
Excellent condition

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The open concept Ashton offers the perfect space for entertaining with the kitchen open to the gathering room and café. An optional sunroom expands the living space further. A large Owner's Suite is complete with a private bath and spacious walk-in closet. A flex room upstairs can be converted to a third bedroom to accommodate singles and families alike.

Key facts

  • Open concept
  • Large owner's suite
  • Flex room

Tags

OPEN CONCEPTOPTIONAL SUNROOMLARGE OWNER'S SUITEFLEX ROOM

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction. The $393,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $438,587.

What this means for you Summary

Snapshot

  • This is a 2-bed/2.5-bath townhouse listed at $394k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-580 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $355k (10.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $310k (21.2% below list).
  • Recommended offer: $310k (21.2% below list) — sets the bar for 1% rule.
  • Cap rate 4.7% vs local median 3.9% in Plainfield — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 67/100 on livability (#496 in IL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
  • Plainfield SD 202 (suburban): math 25% / reading 32% proficiency, ranked #213 of 620 in IL (top 34%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; only 17% free/reduced lunch — higher-income household profile.
  • Zoned schools: Eagle Pointe Elementary School (math 31% / reading 32%, grade F, #631 of 2,056 statewide, top 31%, 580 students, 0% FRL); Heritage Grove Middle School (math 38% / reading 48%, grade D-, #107 of 665 statewide, top 16%, 866 students, 0% FRL); Plainfield North High School (math 40% / reading 40%, grade F, #85 of 693 statewide, top 12%, 2,377 students, 0% FRL) — zoned schools average 0% FRL vs 17% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: 279 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals lingering (median 97d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 90% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 2,028 units permitted in Will County in 2024 (530 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
  • Will County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 742 days — a 12% lower offer ($347k) is reasonable based on typical stale-listing flexibility.
Recommended offer $310,280 (21.2% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 742 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
  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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. 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.
  7. 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.
  8. 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
0.71%
Cap rate
4.71%
Cash-on-cash
-5.67%
DSCR
0.75
GRM
11.8

CMA / ARV

ARV (median comp)
$438,587
List price
$393,990
Delta
-10.17%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
24504 W Kroll Dr #66392 0.10mi 3/2.5 (+1) 1,883 (0%) 6mo $409,991 $218 86
22454 W Alexis Ln #59372 0.03mi 3/2.5 (+1) 1,990 (+6%) 0mo $430,000 $216 84
24436 W Alexis Ln 0.14mi 3/2.5 (+1) 1,883 (0%) 6mo $495,131 $263 84
24505 W Kroll Dr #67416 0.07mi 2/2.5 1,990 (+6%) 7mo $411,354 $207 82
24432 Alexis Ln #56401 0.13mi 3/2.5 (+1) 1,990 (+6%) 1mo $403,696 $203 78
24502 W Kroll Dr #66393 0.10mi 3/2.5 (+1) 1,990 (+6%) 5mo $447,364 $225 77
24454 W Kroll Dr #65397 0.11mi 3/2.5 (+1) 1,990 (+6%) 5mo $419,333 $211 76
24462 W Alexis Ln #59368 0.15mi 3/2.5 (+1) 1,990 (+6%) 4mo $459,429 $231 75
24460 W Alexis Ln #59369 0.16mi 3/2.5 (+1) 2,020 (+7%) 1mo $408,100 $202 75
24422 W Alexis Ln #55406 0.12mi 3/2.5 (+1) 1,990 (+6%) 7mo $440,184 $221 74
24434 W Alexis Ln #56400 0.14mi 3/2.5 (+1) 2,020 (+7%) 4mo $422,629 $209 73
24424 W Alexis Ln #55405 0.12mi 3/2.5 (+1) 2,084 (+11%) 6mo $419,686 $201 67

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

Projected returns pro-forma

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

5-year hold
IRR
-26.0%
Equity multiple
0.12×
Total profit
$-107,948
Equity at exit
$65,395
10-year hold
IRR
-22.7%
Equity multiple
-0.15×
Total profit
$-141,357
Equity at exit
$37,921

Cash invested: $122,804 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
25 active · 10 under contract
Months of supply
8.8 mo (11%/mo absorbed)
Median asking
$459,702 ($227/sqft)
Median days on market
54 d
This list price
lowest-priced of the active set
ARV vs active asking
+2.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 60585

Home prices YoY
-32.0%
Active inventory
279
Price-to-rent
10.6×

Monthly cashflow live

Estimated rent
$3,103 high interval (Pro) →
Mortgage (P&I)
$2,300
Tax est. 1.5%
$548 /mo · $6,579/yr
Insurance
$183
HOA
$0
Vacancy / Maint / Mgmt
$652
Net cashflow
$-580

Break-even live

Break-even rent $3,837
Max offer price $354,694
Occupancy floor

Sensitivity live

Price -10% $-277 -5% $-428 +0% $-580 +5% $-731 +10% $-883
Rent -10% $-825 -5% $-702 +0% $-580 +5% $-457 +10% $-335
Rate -1.0pp $-359 -0.5pp $-468 base $-580 +0.5pp $-693 +1.0pp $-809

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
$109,647
Closing costs
$13,158
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 29 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12760 S Nicholas Dr Unit 12760 Plainfield, IL 3.0 2.5 2020 $2,999 $1.48 73d 1 0.02mi
12760 S Nicholas Dr Unit 12760 Plainfield, IL 3.0 2.5 2020 $2,799 $1.39 59d 1 0.02mi
12760 S Nicholas Dr Unit 12760 Plainfield, IL 3.0 2.5 2020 $3,200 $1.58 107d 1 0.02mi
12760 S Nicholas Dr Unit 12760 Plainfield, IL 3.0 2.5 2020 $2,899 $1.44 57d 1 0.02mi
12760 S Nicholas Dr Unit 12760 Plainfield, IL 3.0 2.5 2020 $2,999 $1.48 98d 1 0.02mi
24354 W Alexis Ln Unit 24354 Plainfield, IL 3.0 2.5 2084 $3,300 $1.58 118d 1 0.03mi
12802 S Nicholas Dr Plainfield, IL 3.0 2.5 1990 $3,250 $1.63 120d 1 0.03mi
24507 W Kroll Dr Plainfield, IL 3.0 2.5 2097 $3,200 $1.53 83d 1 0.05mi
24453 W Kroll Dr Plainfield, IL 3.0 2.5 1990 $3,250 $1.63 139d 1 0.07mi
24406 W Alexis Ln Unit 24406 Plainfield, IL 3.0 2.5 2100 $3,200 $1.52 139d 1 0.08mi
24408 W Alexis Ln Unit 24408 Plainfield, IL 3.0 2.5 1833 $3,200 $1.75 139d 1 0.08mi
24410 W Alexis Ln #54430 Plainfield, IL 3.0 2.5 2000 $3,259 $1.63 139d 1 0.08mi
24432 W Alexis Ln Plainfield, IL 3.0 2.5 1990 $2,990 $1.50 12d 1 0.11mi
12414 S Compass Ave Plainfield, IL 3.0 2.5 2515 $3,580 $1.42 82d 1 0.50mi
24321 W Hemlock Dr Plainfield, IL 3.0 2.5 2000 $3,400 $1.70 55d 1 0.73mi
12905 Cathy Ln Plainfield, IL 3.0 1.5 2566 $3,500 $1.36 108d 1 0.77mi
23760 W 127th St Plainfield, IL 3.0 1.0–2.0 1026 $2,517 $2.45 1d 31 0.98mi
23760 W 127th St Plainfield, IL 3.0 1.0–2.0 1026 $2,475 $2.41 139d 28 0.98mi
24039 W Walnut Cir Plainfield, IL 2.0 2.5 1654 $2,500 $1.51 51d 1 1.12mi
24121 W Walnut Cir Plainfield, IL 2.0 2.5 1595 $2,475 $1.55 120d 1 1.15mi
24130 W Walnut Cir Plainfield, IL 2.0 2.5 1650 $2,650 $1.61 81d 1 1.18mi
12640 S Talbot Cir Plainfield, IL 3.0 2.5 1781 $3,200 $1.80 97d 1 1.19mi
24230 W Walnut Cir Plainfield, IL 3.0 2.0 1814 $2,500 $1.38 103d 1 1.20mi
12606 S Talbot Cir Plainfield, IL 2.0 2.5 1500 $2,800 $1.87 85d 1 1.24mi
12606 S Talbot Cir Plainfield, IL 2.0 2.5 1500 $2,900 $1.93 90d 1 1.24mi
12606 S Talbot Cir Plainfield, IL 2.0 2.5 1500 $3,000 $2.00 108d 1 1.24mi
24358 Leski Ln Plainfield, IL 2.0 2.5 1535 $2,600 $1.69 111d 1 1.25mi
24254 Leski Ln Unit 24254 Plainfield, IL 3.0 2.5 1606 $2,850 $1.77 95d 1 1.25mi
24854 W Gates Ln Plainfield, IL 3.0 2.5 1400 $2,610 $1.86 18d 1 1.39mi

Listing history 50 events

  1. 2026-09-24
    days on market $393,990 Active 742 DOM
  2. 2026-09-23
    days on market $393,990 Active 741 DOM
  3. 2026-09-22
    days on market $393,990 Active 740 DOM
  4. 2026-09-21
    days on market $393,990 Active 739 DOM
  5. 2026-09-20
    days on market $393,990 Active 738 DOM
  6. 2026-09-19
    days on market $393,990 Active 737 DOM
  7. 2026-09-18
    days on market $393,990 Active 736 DOM
  8. 2026-09-17
    days on market $393,990 Active 735 DOM
  9. 2026-09-16
    days on market $393,990 Active 734 DOM
  10. 2026-09-15
    days on market $393,990 Active 733 DOM
  11. 2026-09-14
    days on market $393,990 Active 732 DOM
  12. 2026-09-13
    days on market $393,990 Active 731 DOM
  13. 2026-09-12
    days on market $393,990 Active 730 DOM
  14. 2026-09-11
    days on market $393,990 Active 729 DOM
  15. 2026-09-05
    days on market $393,990 Active 723 DOM
  16. 2026-09-04
    days on market $393,990 Active 722 DOM
  17. 2026-09-02
    days on market $393,990 Active 720 DOM
  18. 2026-08-31
    days on market $393,990 Active 718 DOM
  19. 2026-08-29
    days on market $393,990 Active 716 DOM
  20. 2026-08-28
    days on market $393,990 Active 715 DOM
  21. 2026-08-27
    days on market $393,990 Active 714 DOM
  22. 2026-08-26
    days on market $393,990 Active 713 DOM
  23. 2026-08-25
    days on market $393,990 Active 712 DOM
  24. 2026-08-24
    days on market $393,990 Active 711 DOM
  25. 2026-08-23
    days on market $393,990 Active 710 DOM
  26. 2026-08-22
    days on market $393,990 Active 709 DOM
  27. 2026-08-21
    days on market $393,990 Active 708 DOM
  28. 2026-08-20
    days on market $393,990 Active 707 DOM
  29. 2026-08-19
    days on market $393,990 Active 706 DOM
  30. 2026-08-18
    days on market $393,990 Active 705 DOM
  31. 2026-08-17
    days on market $393,990 Active 704 DOM
  32. 2026-08-16
    days on market $393,990 Active 703 DOM
  33. 2026-08-15
    days on market $393,990 Active 702 DOM
  34. 2026-08-14
    days on market $393,990 Active 701 DOM
  35. 2026-08-13
    days on market $393,990 Active 700 DOM
  36. 2026-08-12
    days on market $393,990 Active 699 DOM
  37. 2026-08-11
    days on market $393,990 Active 698 DOM
  38. 2026-08-10
    days on market $393,990 Active 697 DOM
  39. 2026-08-09
    days on market $393,990 Active 696 DOM
  40. 2026-08-08
    days on market $393,990 Active 695 DOM
  41. 2026-08-06
    days on market $393,990 Active 693 DOM
  42. 2026-08-05
    days on market $393,990 Active 692 DOM
  43. 2026-08-04
    days on market $393,990 Active 691 DOM
  44. 2026-08-03
    days on market $393,990 Active 690 DOM
  45. 2026-07-31
    days on market $393,990 Active 687 DOM
  46. 2026-07-30
    days on market $393,990 Active 685 DOM
  47. 2026-07-28
    days on market $393,990 Active 684 DOM
  48. 2026-07-26
    days on market $393,990 Active 682 DOM
  49. 2026-07-24
    days on market $393,990 Active 680 DOM
  50. 2026-07-23
    days on market $393,990 Active 679 DOM

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$37,234
− Mortgage interest
−$24,568
− Property taxes
−$6,579
− Insurance
−$2,193
− Repairs & maintenance
−$2,979
− Management
−$2,979
− Depreciation
−$12,759
Taxable loss
−$14,822
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,557
After-tax cash flow
$-3,400/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.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This townhouse is in excellent condition with modern finishes and a well-maintained exterior. It offers a great balance of style and functionality, making it an attractive option for both resale and rental.

Value-add opportunities

  • Resale Painting the interior walls — Fresh paint can enhance the home's curb appeal and make it more inviting
  • Rental Updating the flooring in the bedrooms — New flooring can improve the rental experience and attract more tenants
  • Resale Upgrading the kitchen appliances — Modern appliances can add value and appeal to potential buyers
F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Eagle Pointe Elementary School F IL #631/2,056 Nat'l #25,956/41,679 Middle Heritage Grove Middle School D- IL #107/665 Nat'l #5,160/14,009 High Plainfield North High School F IL #85/693 Nat'l #8,112/17,239

Schools (NCES district)

District
Plainfield SD 202
NCES district ID
1731740
Math proficiency
25% ▼ -16.00%
Reading proficiency
32% ▼ -14.00%
Median HH income
$90,706
Composite
28.83/100
National rank
#6653
State rank
#213 of 620 in IL
C Composite livability gradescore 67/100

Livability — Plainfield

Score
67/100
State rank
#496
US rank
#10260

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Plainfield, IL
County
Will · 705,368 people
City population
75,140
Metro
Chicago-Naperville-Elgin, IL-IN
Population (ZIP)
24,948
Household income
$151,202
Rent vs Own
8.4% rent · 91.6% own
Severe rent burden
4% of renters

Population outlook (Will County) Hauer SSP2

Today (2025)
705,368 people
By 2030
708,154 · +0.4%
By 2040
702,692 · -0.4%
By 2050
680,249 · -3.6%
By 2075
611,990 · -13.2%
By 2100
516,215 · -26.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 63% Asian 15% Black 10% Hispanic / Latino 9% Two or more races 4%
Hispanic origin (detail)
Mexican 6% Puerto Rican 1%
Common ancestry
Romanian 10% Lithuanian 2% Scotch-Irish 1%
Foreign-born
16% · Canada, China, Vietnam
Languages at home
80% English-only · Other Indo-European 6% Spanish 5% Tagalog/Filipino 2%

Political lean MEDSL · Will

2024 margin
Toss-up / Even · D 50.1% · R 48.5% · Other 1.4%
2008→2024 swing
-11.6pp toward R · 2008: 13.2pp · 2024: 1.6pp
All cycles
2024: D+1.6 2020: D+8.3 2016: D+5.7 2012: D+3.7 2008: D+13.2

Not yet ingested

Civics

Price history

+1.0% since first listed
5 events — show timeline
  • 2026-04-03 Price Changed $393,990 Zillow
  • 2026-03-04 Price Changed $392,990 Zillow
  • 2026-02-04 Price Changed $391,990 Zillow
  • 2025-11-02 Price Changed $390,990 Zillow
  • 2024-09-13 Listed $389,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…