3314 Willow Ln · Markham, IL 60428

$260,000

3 bd · 2.0 ba · 1,166 sqft · SingleFamily public records · 34 Days on market

Built 2005 8,102 sqft lot Est $195k · 34% over

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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).

• Appreciation +10.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• 1% rule +0.8/10.0
• Cash flow +0.5/30.0
• DSCR +0.0/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

Key facts

• Oak cabinetry
• Easy access to i 294
• Easy access to i 57

Tags

• MOVE IN READY
• QUIET NEIGHBORHOOD
• EASY ACCESS TO I 294
• EASY ACCESS TO I 57
• OAK CABINETRY
• TILED BACKSPLASH

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (garage owned) with 2 garage spaces; Asphalt driveway; Garage door opener
• Utilities: Lake Michigan water source; Public sewer; Electric with circuit breakers
• Home design: Detached single-family home; Split-level / tri-level layout; Fee simple ownership
• Construction: Built about 21–25 years ago; Vinyl siding with brick accents; Asphalt roof; Concrete perimeter foundation
• Exterior features: Patio; Lot approximately 60 x 135 (less than 0.25 acre); Curbs, sidewalks, street lights, and paved streets in the neighborhood; Park nearby; Commuter bus access

Interior

• Kitchen: Range; Gas cooktop; Gas oven; Microwave; Dishwasher; Refrigerator; Stainless steel appliances; Eating area / table space in kitchen
• Bedrooms: 3 bedrooms (master bedroom on second level; additional bedrooms on second level)
• Flooring: Laminate flooring; Wood laminate in living room and dining area; Ceramic tile in foyer and kitchen; Carpet in bedrooms, master bedroom, and lower-level family room; Other flooring in laundry room
• Bathrooms: 2 full bathrooms; Double sink in bathroom(s)
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: Walk-in closet(s); Dining area combined with living room; Full attic; Crawl space basement; Screens and drapes on windows; Seven total rooms
• Laundry & utility: Laundry room on lower level (in-unit) with gas dryer hookup and utility sink

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
• To cash-flow at today's rent, offer at most $171k (34.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $150k (42.5% below list).
• Recommended offer: $150k (42.5% below list) — sets the bar for 1% rule.
• Cap rate 1.1% vs local median 10.2% in Markham — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 76/100 on livability (#186 in IL, #3,539 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D, amenities D, employment D.
• Bremen Chsd 228 (suburban): math 15% / reading 17% proficiency, ranked #468 of 620 in IL (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Central Park Elem School (math 4% / reading 14%, grade F, #1,611 of 2,056 statewide, top 79%, 646 students, 0% FRL); Bremen High School (math 8% / reading 11%, grade F, #577 of 693 statewide, top 84%, 1,497 students, 0% FRL).
• Market conditions: 66 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 8d 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 $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
• By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask is 8% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: property tax is 3.9% of price.

Recommended offer $149,511 (42.5% 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 34 days. Have you received any prior offers? Is the seller open to a 42% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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 D 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. 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?
8. 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.
9. 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.
10. 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: 0.58% ✗
• Cap rate: 1.05%
• Cash-on-cash: -18.72%
• DSCR: 0.17
• GRM: 14.5

CMA / ARV

• ARV (on-the-fly): $194,722
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15315 Cherry Ln	0.18mi	3/1.0	1,040 (-11%)	3mo	$195,000	$188	67
15313 Cherry Ln	0.18mi	3/1.0	1,036 (-11%)	3mo	$89,000	$86	67
3236 Roesner Dr	0.15mi	3/1.0	1,036 (-11%)	5mo	$77,000	$74	66
15422 Cherry Ln	0.27mi	3/1.5	1,040 (-11%)	4mo	$175,000	$168	64
15330 Cherry Ln	0.26mi	4/2.0 (+1)	1,036 (-11%)	2mo	$249,900	$241	63
15246 Calitonia Dr	0.58mi	3/1.0	1,113 (-4%)	1mo	$137,000	$123	60
15328 Parkside Dr	0.59mi	3/1.0	1,224 (+5%)	3mo	$155,000	$127	58
15435 Hamlin Ave	0.61mi	3/1.0	1,107 (-5%)	3mo	$155,000	$140	56
15823 S Saint Louis Ave	0.75mi	3/2.0	1,203 (+3%)	4mo	$220,000	$183	56
14850 Homan Ave	0.68mi	3/1.5	1,107 (-5%)	5mo	$185,000	$167	54
3813 153rd St	0.63mi	2/1.0 (-1)	1,075 (-8%)	1mo	$268,130	$249	48
14820 Turner Ave	0.72mi	3/1.0	1,064 (-9%)	3mo	$150,000	$141	45

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: 11.4%
• Equity multiple: 1.96×
• Total profit: $69,602
• Equity at exit: $234,229

10-year hold

• IRR: 12.3%
• Equity multiple: 4.61×
• Total profit: $262,538
• Equity at exit: $505,123

Cash invested: $72,800 (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 60428

• Home prices YoY: 8.5%
• Active inventory: 66
• Price-to-rent: 14.5×

Monthly cashflow live

• Estimated rent: $1,495 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$845 /mo · $10,142/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $-1,136

Break-even live

Break-even rent $2,933

Max offer price $170,912

Occupancy floor —

Sensitivity live

Price	-10% $-989	-5% $-1,062	+0% $-1,136	+5% $-1,209	+10% $-1,283
Rent	-10% $-1,254	-5% $-1,195	+0% $-1,136	+5% $-1,077	+10% $-1,018
Rate	-1.0pp $-1,005	-0.5pp $-1,070	base $-1,136	+0.5pp $-1,203	+1.0pp $-1,272

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3349 147th St Unit 3240 06 Midlothian, IL	2.0	1.0	817	$1,500	$1.84	7d	1	0.86mi
3542 147th St Midlothian, IL	2.0	1.0	817	$1,500	$1.84	8d	2	0.96mi
14521 Richmond Ave Unit 3 Posen, IL	2.0	1.0	850	$1,375	$1.62	26d	1	1.19mi
14547 Keystone Ave #12 Midlothian, IL	2.0	1.0	1000	$1,600	$1.60	1d	1	1.36mi

Listing history 28 events

1. 2026-06-21
   days on market $260,000 Active 34 DOM
2. 2026-06-18
   days on market $260,000 Active 31 DOM
3. 2026-06-17
   days on market $260,000 Active 30 DOM
4. 2026-06-16
   days on market $260,000 Active 29 DOM
5. 2026-06-15
   days on market $260,000 Active 28 DOM
6. 2026-06-13
   days on market $260,000 Active 26 DOM
7. 2026-06-09
   days on market $260,000 Active 22 DOM
8. 2026-06-08
   days on market $260,000 Active 21 DOM
9. 2026-06-07
   days on market $260,000 Active 20 DOM
10. 2026-06-04
    days on market $260,000 Active 17 DOM
11. 2026-06-03
    days on market $260,000 Active 16 DOM
12. 2026-06-02
    days on market $260,000 Active 15 DOM
13. 2026-06-01
    days on market $260,000 Active 14 DOM
14. 2026-05-31
    days on market $260,000 Active 13 DOM
15. 2026-05-18
    historical
16. 2026-04-07
    price
17. 2026-03-12
    listed Active
18. 2022-04-25
    soldstatus $235,000
19. 2022-04-18
    soldstatus $235,000 Closed 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

20. 2022-02-15
    historical Contingent - Continue to Show 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

21. 2022-02-04
    status Active Under Contract 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

22. 2022-02-02
    price $235,000 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

23. 2022-01-26
    status Active 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

24. 2022-01-16
    status Active Under Contract 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

25. 2022-01-07
    status Active 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

26. 2021-11-30
    status Active Under Contract 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

27. 2021-11-18
    listed $240,000 Active 1624-char remark

    Show marketing remark (1624 chars)

    BUYER WAS UNABLE TO OBTAIN FINANCING, NOWS YOUR CHANCE! You're going to love it here! Welcome to 3314 Willow Lane, the updated and move-in ready split level with all of the features you're looking for. Enter through the front door to the ceramic tiled foyer with large coat closet. To your left you'll fine the large living room/dining room combo with dramatic vaulted ceilings, wood laminate flooring, large windows and neutral paint. Excellent sized kitchen includes lovely oak cabinetry, BRAND NEW stainless steel appliances, tiled backsplash, ceramic tiled floor and even room for a small table. Just a few steps up takes you to the second floor offering a large master bedroom featuring new carpet, ceiling fan, HUGE 17' walk-in closet and additional regular size closet! 2 additional bedrooms on the second floor also with new carpeting. Spacious full bathroom has double sinks and jetted tub with tiled surround. The lower level boasts a large living room with new carpeting and under-the-stairs storage and crawl space access. Second full bathroom is also a great size with a stand-up shower. Laundry/utility room has storage space with door to the backyard! Speaking of the yard - there's plenty of it for your hobbies, activities or four legged friends. Concrete patio is perfect for the grill and chairs! 2-car detached garage is in impeccable condition! Extra long driveway, too. This gem is in a desirable location in a quiet neighborhood with sidewalks and is close to amenities such as parks and schools with shopping and dining nearby and very easy access to I-294 & I-57. This home home is a 10/10!

28. 2005-01-21
    soldstatus $170,000

ⓘ 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: $10,142 · $845/mo
• Projected year-2 tax: $10,142 · $845/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 ≥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: $17,941
• − Mortgage interest: −$14,564
• − Property taxes: −$10,142
• − Insurance: −$1,300
• − Repairs & maintenance: −$1,435
• − Management: −$1,435
• − Depreciation: −$7,564
• Taxable loss: −$18,499
• Est. tax savings @ 24.0%: +$4,440
• After-tax cash flow: $-9,190/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: Bremen Chsd 228
• NCES district ID: 1707050
• Math proficiency: 15% ▼ -4.00%
• Reading proficiency: 17% ▼ -5.00%
• Median HH income: $57,625
• Composite: 15.32/100
• National rank: #9327
• State rank: #468 of 620 in IL

Livability — Markham

• Score: 76/100
• State rank: #186
• US rank: #3539

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Markham, IL
• City population: 10,980
• Population (ZIP): 10,980

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: Predominantly Black (69%)
• Race & ethnicity: Black 69% Hispanic / Latino 17% White 11% Two or more races 4%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Romanian 1% Lithuanian 1% Iranian 1%
• Foreign-born: 8% · Canada
• Languages at home: 86% English-only · Spanish 14%

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: ▲ 23.63%
• Current HPI: 302.333
• 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

+38.2% since first listed

14 events — show timeline

• 2026-05-18 Listing Removed — MRED as Distributed by MLS Grid
• 2026-04-07 Price Changed — MRED as Distributed by MLS Grid
• 2026-03-12 Listed — MRED as Distributed by MLS Grid
• 2022-04-25 Sold (Public Records) $235,000 Public Records
• 2022-04-18 Sold (MLS) $235,000 MRED as Distributed by MLS Grid
• 2022-02-15 Contingent — MRED as Distributed by MLS Grid
• 2022-02-04 Pending — MRED as Distributed by MLS Grid
• 2022-02-02 Price Changed $235,000 MRED as Distributed by MLS Grid
• 2022-01-26 Relisted — MRED as Distributed by MLS Grid
• 2022-01-16 Pending — MRED as Distributed by MLS Grid
• 2022-01-07 Relisted — MRED as Distributed by MLS Grid
• 2021-11-30 Pending — MRED as Distributed by MLS Grid
• 2021-11-18 Listed $240,000 MRED as Distributed by MLS Grid
• 2005-01-21 Sold (Public Records) $170,000 Public Records

Property tax history

+5.0%/yr

Latest (2023): $10,142 · +107.8% YoY. Source: county tax records.