930 Coach Rd · Homewood, IL 60430

$218,000

3 bd · 1.5 ba · 1,351 sqft · SingleFamily public records · 234 Days on market

Built 1962 8,165 sqft lot Est $267k · 19% under

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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 +24.2/30.0
• ARV discount +15.0/15.0
• 1% rule +8.7/10.0
• DSCR +7.8/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

BRAND NEW APPLIANCES! This is a fantastic opportunity to get into a sought-after Homewood neighborhood at a great value. You'll be part of an amazing community, and just a short drive from the Metra station and I-294. This location combines the convenience of easy commuting with the quiet of a friendly, established street. The layout features a surprisingly large living room and an extra-spacious 22-foot-long kitchen. The main bedroom includes a private half-bath, a rare find. With a one-car attached garage for storage and sliding doors that open to the patio, this home is the perfect chance to build equity and design your space exactly the way you want it. We loved the interior and are sur

Key facts

• Private half-bath
• 8,165 sq ft lot
• Garage

Tags

• SHORT DRIVE FROM METRA STATION
• ONE-CAR ATTACHED GARAGE
• SLIDING DOORS TO PATIO
• PRIVATE HALF-BATH

Property features AI

Finance

• Other: Built before 1978
• HOA & community: No master association fees required

Exterior

• Parking: Attached garage (owned) — 1 garage space, 1 total parking space
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story
• Construction: Built 61–70 years ago; Vinyl siding and brick exterior
• Exterior features: Lot dimensions approximately 71 x 115; Lot size less than 0.25 acre

Interior

• Kitchen: Kitchen (main level, 22 x 11)
• Bedrooms: 3 bedrooms total; Master bedroom (main level, 13 x 11) with half bath; Bedroom (main level, 13 x 10); Bedroom (main level, 9 x 9)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: 6 total rooms; Separate dining room; Family room; Living room (main level, 17 x 16)
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $218k.

Deal economics

• At list price, monthly cash flow is $434 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $218k).
• Recommended offer: $192k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 6.1% in Homewood — 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 81/100 on livability (#81 in IL, #1,314 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, cost of living A+; Watch: amenities F.
• Homewood Flossmoor Chsd 233 (suburban): math 21% / reading 27% proficiency, ranked #272 of 620 in IL (top 44%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Willow School (607 students, 0% FRL); James Hart School (math 22% / reading 37%, grade F, #256 of 665 statewide, top 41%, 711 students, 0% FRL); Homewood-Flossmoor High School (math 21% / reading 27%, grade F, #304 of 693 statewide, top 44%, 2,798 students, 0% FRL).
• Market conditions: 102 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 234 days — a 12% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $160k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.8% of price.

Recommended offer $191,840 (12.0% below list)

Questions for the listing agent

1. It's been on market 234 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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.
8. 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.
9. 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: 1.37% ✓
• Cap rate: 8.68%
• Cash-on-cash: 8.53%
• DSCR: 1.38
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $267,498
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
914 Coach Rd	0.03mi	3/1.5	1,197 (-11%)	0mo	$275,000	$230	79
330 N Illinois Ave	0.26mi	3/1.5	1,309 (-3%)	5mo	$235,000	$180	78
1041 Coach Rd	0.15mi	4/2.0 (+1)	1,407 (+4%)	2mo	$289,000	$205	77
945 W 187th St	0.04mi	4/1.5 (+1)	1,197 (-11%)	4mo	$244,000	$204	71
900 W Strieff Ln	0.40mi	3/1.5	1,269 (-6%)	3mo	$210,000	$165	69
330 W Holly Ct	0.55mi	3/1.5	1,269 (-6%)	0mo	$220,000	$173	64
18430 Aberdeen St	0.43mi	3/2.0	1,223 (-10%)	0mo	$242,000	$198	62
251 N Pleasant Dr	0.57mi	3/1.5	1,500 (+11%)	4mo	$280,000	$187	52
1129 183rd St	0.61mi	3/2.0	1,216 (-10%)	5mo	$219,150	$180	49
807 W Manor Ct W	0.67mi	4/1.5 (+1)	1,232 (-9%)	1mo	$245,000	$199	48
220 N Park Dr	0.55mi	4/1.0 (+1)	1,486 (+10%)	4mo	$150,500	$101	47
1307 Thomas St	0.61mi	4/2.0 (+1)	1,487 (+10%)	1mo	$319,000	$215	47

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: -3.2%
• Equity multiple: 0.88×
• Total profit: $-7,384
• Equity at exit: $32,505

10-year hold

• IRR: 6.6%
• Equity multiple: 1.50×
• Total profit: $30,384
• Equity at exit: $18,849

Cash invested: $61,040 (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 60430

• Home prices YoY: -32.1%
• Active inventory: 102
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,983 high
• Mortgage (P&I): −$1,143
• Tax from tax record: −$689 /mo · $8,265/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$626
• Net cashflow: $434

Break-even live

Break-even rent $2,434

Max offer price $218,000

Occupancy floor 80%

Sensitivity live

Price	-10% $557	-5% $496	+0% $434	+5% $372	+10% $311
Rent	-10% $198	-5% $316	+0% $434	+5% $552	+10% $670
Rate	-1.0pp $544	-0.5pp $489	base $434	+0.5pp $377	+1.0pp $320

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: $54,500
• Closing costs: $6,540
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1332 Jamie Ln Homewood, IL	4.0	2.5	1576	$3,171	$2.01	25d	1	0.49mi
705 W Fitzhenry Ct Glenwood, IL	3.0	2.0	1700	$2,950	$1.74	26d	1	0.86mi
705 W Fitzhenry Ct Glenwood, IL	3.0	2.0	1600	$2,950	$1.84	21d	1	0.86mi
18117 Loomis Ave Homewood, IL	4.0	2.0	1500	$2,800	$1.87	5d	1	0.96mi
1601 183rd St Unit 1237861P Homewood, IL	3.0	1.5	1528	$8,665	$5.67	23d	1	0.99mi
1802 Evergreen Rd Homewood, IL	4.0	2.0	1716	$2,836	$1.65	0d	1	1.20mi

Listing history 25 events

1. 2026-06-21
   days on market $218,000 Active 234 DOM
2. 2026-06-18
   days on market $218,000 Active 231 DOM
3. 2026-06-17
   days on market $218,000 Active 230 DOM
4. 2026-06-16
   days on market $218,000 Active 229 DOM
5. 2026-06-15
   days on market $218,000 Active 228 DOM
6. 2026-06-13
   days on market $218,000 Active 226 DOM
7. 2026-06-09
   days on market $218,000 Active 222 DOM
8. 2026-06-08
   days on market $218,000 Active 221 DOM
9. 2026-06-07
   days on market $218,000 Active 220 DOM
10. 2026-06-04
    days on market $218,000 Active 217 DOM
11. 2026-06-03
    days on market $218,000 Active 216 DOM
12. 2026-06-02
    days on market $218,000 Active 215 DOM
13. 2026-06-01
    days on market $218,000 Active 214 DOM
14. 2026-05-31
    days on market $218,000 Active 213 DOM
15. 2026-05-15
    price $218,000
16. 2026-04-17
    price $220,000
17. 2026-02-27
    price $222,000
18. 2026-02-06
    price $231,000
19. 2026-01-16
    price $236,000
20. 2025-12-19
    price $243,000
21. 2025-11-21
    price $251,000
22. 2025-10-30
    listed $258,000 Active
23. 2005-08-23
    soldstatus $160,000
24. 1999-08-16
    soldstatus $97,000
25. 1984-09-04
    soldstatus $55,000

ⓘ 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: $8,265 · $689/mo
• Projected year-2 tax: $8,265 · $689/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 ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,800
• − Mortgage interest: −$12,211
• − Property taxes: −$8,265
• − Insurance: −$1,090
• − Repairs & maintenance: −$2,864
• − Management: −$2,864
• − Depreciation: −$6,342
• Taxable income: $2,163
• Est. tax owed @ 24.0%: −$519
• After-tax cash flow: $4,689/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: Homewood Flossmoor Chsd 233
• NCES district ID: 1719560
• Math proficiency: 21% ▼ -15.00%
• Reading proficiency: 27% ▼ -13.00%
• Median HH income: $83,564
• Composite: 24.42/100
• National rank: #7681
• State rank: #272 of 620 in IL

Livability — Homewood

• Score: 81/100
• State rank: #81
• US rank: #1314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Homewood, IL
• City population: 19,993
• Population (ZIP): 19,993

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 44% White 42% Hispanic / Latino 9% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 5% Iranian 2% Italian 2%
• Foreign-born: 6% · Canada, Dominican Republic
• Languages at home: 91% English-only · Spanish 5% Russian/Polish/Slavic 1% German/W. Germanic 1%

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: ▼ -105.00%
• Current HPI: 222.2923
• 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

+296.4% since first listed

11 events — show timeline

• 2026-05-15 Price Changed $218,000 MRED as Distributed by MLS Grid
• 2026-04-17 Price Changed $220,000 MRED as Distributed by MLS Grid
• 2026-02-27 Price Changed $222,000 MRED as Distributed by MLS Grid
• 2026-02-06 Price Changed $231,000 MRED as Distributed by MLS Grid
• 2026-01-16 Price Changed $236,000 MRED as Distributed by MLS Grid
• 2025-12-19 Price Changed $243,000 MRED as Distributed by MLS Grid
• 2025-11-21 Price Changed $251,000 MRED as Distributed by MLS Grid
• 2025-10-30 Listed $258,000 MRED as Distributed by MLS Grid
• 2005-08-23 Sold (Public Records) $160,000 Public Records
• 1999-08-16 Sold (Public Records) $97,000 Public Records
• 1984-09-04 Sold (Public Records) $55,000 Public Records

Property tax history

+5.5%/yr

Latest (2023): $8,265 · +17.5% YoY. Source: county tax records.