1443 Truman Dr · Bradley, IL 60915

$109,000

2 bd · 2.0 ba · 1,192 sqft · SingleFamily · 17 Days on market

Built 1994 5,100 sqft lot ↓ 16% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute Cute Cute!! Great open floor plan with cathedral ceiling, gas log fireplace & cozy sun room! All appliances plus 1 year home warranty included. Hot water heater '08, shed, crown molding in kitchen & great room. 2.5 car attached garage. Large kitchen with plenty of cabinet & counterspace. Low maintainance - Easy Living. Call for appointment today!!

Key facts

• Close to schools
• Large kitchen
• Spacious garage

Tags

• LARGE KITCHEN
• SPACIOUS GARAGE
• CUL-DE-SAC
• CLOSE TO SCHOOLS
• CLOSE TO SHOPPING
• CLOSE TO TRANSPORTATION

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $109k.

Deal economics

• At list price, monthly cash flow is $407 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $109k).
• Recommended offer: $107k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 4.5% in Bradley — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#569 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities D, schools F.
• Bradley Bourbonnais Chsd 307 (suburban): math 15% / reading 24% proficiency, ranked #413 of 620 in IL (top 67%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 21 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 145 units permitted in Kankakee County in 2024 (5 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Kankakee County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price.

Recommended offer $107,365 (1.5% below list)

Questions for the listing agent

1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.56% ✓
• Cap rate: 10.78%
• Cash-on-cash: 16.02%
• DSCR: 1.71
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $228,864
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
860 Pheasant Dr	0.24mi	3/2.0 (+1)	1,235 (+4%)	1mo	$242,200	$196	77
318 N Jackson Ave	0.41mi	3/1.0 (+1)	1,186 (-0%)	1mo	$210,000	$177	70
973 Cardinal Dr	0.31mi	3/1.5 (+1)	1,120 (-6%)	0mo	$215,000	$192	69
1069 Flamingo Ln	0.36mi	3/2.0 (+1)	1,288 (+8%)	6mo	$235,000	$182	59
166 N Randolph Ave	0.68mi	3/1.5 (+1)	1,188 (-0%)	2mo	$195,000	$164	59
253 N Jackson Ave	0.49mi	3/2.0 (+1)	1,146 (-4%)	11mo	$220,000	$192	56
135 S Jackson Ave	0.71mi	3/1.5 (+1)	1,175 (-1%)	2mo	$200,000	$170	56
1374 Potomac Pl	0.72mi	3/1.5 (+1)	1,120 (-6%)	1mo	$260,000	$232	49
252 N Lasalle	0.74mi	3/1.0 (+1)	1,216 (+2%)	6mo	$214,900	$177	48
289 N Jackson Ave	0.45mi	3/2.0 (+1)	1,040 (-13%)	6mo	$209,999	$202	48
1525 Merlin Rd	0.63mi	3/2.0 (+1)	1,300 (+9%)	11mo	$274,900	$211	41
244 N Madison Ave	0.53mi	3/1.0 (+1)	1,352 (+13%)	11mo	$175,000	$129	35

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: 7.1%
• Equity multiple: 1.28×
• Total profit: $8,426
• Equity at exit: $16,252

10-year hold

• IRR: 16.5%
• Equity multiple: 2.35×
• Total profit: $41,312
• Equity at exit: $9,424

Cash invested: $30,520 (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 60915

• Active inventory: 21
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,700 medium
• Mortgage (P&I): −$572
• Tax from tax record: −$318 /mo · $3,819/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $407

Break-even live

Break-even rent $1,184

Max offer price $109,000

Occupancy floor 71%

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
728 Double Jack St Bourbonnais, IL	3.0	2.0	950	$1,700	$1.79	1d	1	1.38mi

Listing history 22 events

1. 2026-06-13
   statusdays on market $109,000 Pending 17 DOM
2. 2026-06-10
   days on market $109,000 Active 16 DOM
3. 2026-06-09
   days on market $109,000 Active 15 DOM
4. 2026-06-08
   days on market $109,000 Active 14 DOM
5. 2026-06-07
   statusdays on market $109,000 Active 13 DOM
6. 2026-03-09
   status Pending
7. 2026-02-25
   listed $109,000 Active
8. 2025-02-11
   status Pending
9. 2025-02-11
   status Active
10. 2025-02-07
    historical
11. 2025-02-05
    historical
12. 2025-02-05
    status Temporarily No Showings
13. 2025-02-03
    historical
14. 2025-01-12
    listed Active
15. 2010-04-30
    soldstatus $125,000
16. 2010-04-27
    soldstatus $124,900 Closed Sale 366-char remark

    Show marketing remark (366 chars)

    Cute Cute Cute!! Great open floor plan with cathedral ceiling, gas log fireplace & cozy sun room! All appliances plus 1 year home warranty included. Hot water heater '08, shed, crown molding in kitchen & great room. 2.5 car attached garage. Large kitchen with plenty of cabinet & counterspace. Low maintainance - Easy Living. Call for appointment today!!

17. 2010-03-05
    historical Contingent 366-char remark

    Show marketing remark (366 chars)

    Cute Cute Cute!! Great open floor plan with cathedral ceiling, gas log fireplace & cozy sun room! All appliances plus 1 year home warranty included. Hot water heater '08, shed, crown molding in kitchen & great room. 2.5 car attached garage. Large kitchen with plenty of cabinet & counterspace. Low maintainance - Easy Living. Call for appointment today!!

18. 2010-01-06
    price $124,900 Price Change 366-char remark

    Show marketing remark (366 chars)

    Cute Cute Cute!! Great open floor plan with cathedral ceiling, gas log fireplace & cozy sun room! All appliances plus 1 year home warranty included. Hot water heater '08, shed, crown molding in kitchen & great room. 2.5 car attached garage. Large kitchen with plenty of cabinet & counterspace. Low maintainance - Easy Living. Call for appointment today!!

19. 2009-11-20
    listed $129,900 New 366-char remark

    Show marketing remark (366 chars)

    Cute Cute Cute!! Great open floor plan with cathedral ceiling, gas log fireplace & cozy sun room! All appliances plus 1 year home warranty included. Hot water heater '08, shed, crown molding in kitchen & great room. 2.5 car attached garage. Large kitchen with plenty of cabinet & counterspace. Low maintainance - Easy Living. Call for appointment today!!

20. 2006-03-13
    soldstatus $128,000
21. 2006-03-10
    soldstatus $128,000
22. 2006-02-06
    listed $129,900

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

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $3,819 · $318/mo
• Projected year-2 tax: $3,819 · $318/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,396
• − Mortgage interest: −$6,106
• − Property taxes: −$3,819
• − Insurance: −$545
• − Repairs & maintenance: −$1,632
• − Management: −$1,632
• − Depreciation: −$3,171
• Taxable income: $3,492
• Est. tax owed @ 24.0%: −$838
• After-tax cash flow: $4,051/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: Bradley Bourbonnais Chsd 307
• NCES district ID: 1706960
• Math proficiency: 15% ▼ -6.00%
• Reading proficiency: 24% ▼ -6.00%
• Median HH income: $59,302
• Composite: 18.35/100
• National rank: #8945
• State rank: #413 of 620 in IL

Livability — Bradley

• Score: 66/100
• State rank: #569
• US rank: #11945

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bradley, IL
• City population: 10,217
• Population (ZIP): 10,217

Population outlook (Kankakee County) Hauer SSP2

• Today (2025): 105,479 people
• By 2030: 101,792 · -3.5%
• By 2040: 93,479 · -11.4%
• By 2050: 85,061 · -19.4%
• By 2075: 67,314 · -36.2%
• By 2100: 52,439 · -50.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 14% Two or more races 9% Black 3%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Romanian 10% Lithuanian 6% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 86% English-only · Spanish 11% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Kankakee

• 2024 margin: Strong R (+20.8) · D 38.7% · R 59.5% · Other 1.8%
• 2008→2024 swing: -25.4pp toward R · 2008: 4.6pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.5 2016: R+13.3 2012: R+3.4 2008: D+4.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -136.35%
• Current HPI: 178.3271
• 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

-16.1% since first listed

17 events — show timeline

• 2026-03-09 Pending — MRED as Distributed by MLS Grid
• 2026-02-25 Listed $109,000 MRED as Distributed by MLS Grid
• 2025-02-11 Pending — MRED as Distributed by MLS Grid
• 2025-02-11 Relisted — MRED as Distributed by MLS Grid
• 2025-02-07 Listing Removed — MRED as Distributed by MLS Grid
• 2025-02-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-02-05 Relisted — MRED as Distributed by MLS Grid
• 2025-02-03 Listing Removed — MRED as Distributed by MLS Grid
• 2025-01-12 Listed — MRED as Distributed by MLS Grid
• 2010-04-30 Sold (Public Records) $125,000 Public Records
• 2010-04-27 Sold (MLS) $124,900 MRED as Distributed by MLS Grid
• 2010-03-05 Contingent — MRED as Distributed by MLS Grid
• 2010-01-06 Price Changed $124,900 MRED as Distributed by MLS Grid
• 2009-11-20 Listed $129,900 MRED as Distributed by MLS Grid
• 2006-03-13 Sold (Public Records) $128,000 Public Records
• 2006-03-10 Sold (MLS) $128,000 MRED as Distributed by MLS Grid
• 2006-02-06 Listed $129,900 MRED as Distributed by MLS Grid

Property tax history

+2.3%/yr

Latest (2024): $3,819 · +5.2% YoY. Source: county tax records.