🏗️ New Construction
Ashton Plan · Plainfield, IL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -26.0%
- Equity multiple
- 0.12×
- Total profit
- $-107,948
- Equity at exit
- $65,395
- 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
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
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$652
- Net cashflow
- $-580
Break-even live
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
- Club membership (one-time)
- —
- 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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-09-24days on market $393,990 Active 742 DOM
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2026-09-23days on market $393,990 Active 741 DOM
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2026-09-22days on market $393,990 Active 740 DOM
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2026-09-21days on market $393,990 Active 739 DOM
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2026-09-20days on market $393,990 Active 738 DOM
-
2026-09-19days on market $393,990 Active 737 DOM
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2026-09-18days on market $393,990 Active 736 DOM
-
2026-09-17days on market $393,990 Active 735 DOM
-
2026-09-16days on market $393,990 Active 734 DOM
-
2026-09-15days on market $393,990 Active 733 DOM
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2026-09-14days on market $393,990 Active 732 DOM
-
2026-09-13days on market $393,990 Active 731 DOM
-
2026-09-12days on market $393,990 Active 730 DOM
-
2026-09-11days on market $393,990 Active 729 DOM
-
2026-09-05days on market $393,990 Active 723 DOM
-
2026-09-04days on market $393,990 Active 722 DOM
-
2026-09-02days on market $393,990 Active 720 DOM
-
2026-08-31days on market $393,990 Active 718 DOM
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2026-08-29days on market $393,990 Active 716 DOM
-
2026-08-28days on market $393,990 Active 715 DOM
-
2026-08-27days on market $393,990 Active 714 DOM
-
2026-08-26days on market $393,990 Active 713 DOM
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2026-08-25days on market $393,990 Active 712 DOM
-
2026-08-24days on market $393,990 Active 711 DOM
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2026-08-23days on market $393,990 Active 710 DOM
-
2026-08-22days on market $393,990 Active 709 DOM
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2026-08-21days on market $393,990 Active 708 DOM
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2026-08-20days on market $393,990 Active 707 DOM
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2026-08-19days on market $393,990 Active 706 DOM
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2026-08-18days on market $393,990 Active 705 DOM
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2026-08-17days on market $393,990 Active 704 DOM
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2026-08-16days on market $393,990 Active 703 DOM
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2026-08-15days on market $393,990 Active 702 DOM
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2026-08-14days on market $393,990 Active 701 DOM
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2026-08-13days on market $393,990 Active 700 DOM
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2026-08-12days on market $393,990 Active 699 DOM
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2026-08-11days on market $393,990 Active 698 DOM
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2026-08-10days on market $393,990 Active 697 DOM
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2026-08-09days on market $393,990 Active 696 DOM
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2026-08-08days on market $393,990 Active 695 DOM
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2026-08-06days on market $393,990 Active 693 DOM
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2026-08-05days on market $393,990 Active 692 DOM
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2026-08-04days on market $393,990 Active 691 DOM
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2026-08-03days on market $393,990 Active 690 DOM
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2026-07-31days on market $393,990 Active 687 DOM
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2026-07-30days on market $393,990 Active 685 DOM
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2026-07-28days on market $393,990 Active 684 DOM
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2026-07-26days on market $393,990 Active 682 DOM
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2026-07-24days on market $393,990 Active 680 DOM
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2026-07-23days 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
Loading nearby amenities…
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
- 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
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 ↑
Zoned Schools
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
Livability — Plainfield
- Score
- 67/100
- State rank
- #496
- US rank
- #10260
Category grades
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
- 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
- —
Market trends
- HPI YoY
- ▼ -98.23%
- Current HPI
- 208.5101
- 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
+1.0% since first listed5 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…