19208 Pine Dr #204 · Country Club Hills, IL 60478

$105,000

3 bd · 2.0 ba · 1,200 sqft · Condo · 294 Days on market

Built 1976 $220/mo HOA · 9% of rent

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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 +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

VERY RARE 3 BEDROOM, 2 BATH CONDO ..... UNIT IS LOCATED ON THE 2ND FLOOR. UNIT HAS MASTER BEDROOM WITH PRIVATE BATH, BALCONY, IN-UNIT LAUNDRY AND 1 CAR ATTACHED GARAGE. CLOSE TO ALL AMENITIES INCLUDING HIGHWAY ACCESS, PUBLIC TRANSPORTATION, AND ALL FORMS OF SHOPPING. Multiple offers received - Highest & Best due Friday, 8/5/16 by 12:00 noon.

Key facts

• Easy access to i 57
• New range
• New led lights

Tags

• RECENTLY RENOVATED
• LONG BALCONY
• NEW FRIDGE
• NEW RANGE
• NEW LED LIGHTS
• EASY ACCESS TO I 57

Property features AI

Finance

• Other: Part of a 4-unit building; Living area source: assessor
• HOA & community: Monthly association fee of $220; Association fee covers insurance, exterior maintenance, lawn care, and other services; Pets allowed (cats and dogs)

Exterior

• Parking: Detached garage (off-site); 2 garage spaces, 2 total parking spaces
• Utilities: Public water; Public sewer
• Home design: Attached single condo; Entry level: 1; Built approximately 41–50 years ago; Built before 1978
• Construction: Aluminum siding
• Exterior features: Common lot area

Interior

• Kitchen: Kitchen on the second level (9 x 9); Refrigerator; Gas oven
• Bedrooms: 3 bedrooms (all on the second level); Master bedroom on the second level with a full bath; Second bedroom on the second level (12 x 10); Third bedroom on the second level (10 x 10)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: 7 total rooms
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $105k.

Deal economics

• At list price, monthly cash flow is $674 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.0% vs local median 7.4% in Country Club Hills — 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 75/100 on livability (#212 in IL, #3,963 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, health & safety D+, schools F.
• Rich Twp Hsd 227 (suburban): math 5% / reading 12% proficiency, ranked #577 of 620 in IL (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 94 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 1d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 294 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago; this cycle's ask has dropped $30k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $105k implies a 244% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.9% of price.

Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 294 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 1976 — 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.31% ✓
• Cap rate: 13.99%
• Cash-on-cash: 27.49%
• DSCR: 2.22
• GRM: 3.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 21.8%
• Equity multiple: 1.89×
• Total profit: $26,244
• Equity at exit: $15,656

10-year hold

• IRR: 30.0%
• Equity multiple: 3.71×
• Total profit: $79,542
• Equity at exit: $9,078

Cash invested: $29,400 (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 60478

• Home prices YoY: -27.3%
• Active inventory: 94
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $2,429 high
• Mortgage (P&I): −$551
• Tax from tax record: −$431 /mo · $5,166/yr
• Insurance: −$44
• HOA: −$220
• Vacancy / Maint / Mgmt: −$510
• Net cashflow: $674

Break-even live

Break-even rent $1,576

Max offer price $105,000

Occupancy floor 67%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4453 Provincetown Dr Country Club Hills, IL	3.0	2.5	1300	$2,500	$1.92	1d	1	0.82mi
2256 Windsor Ln Country Club Hills, IL	3.0	1.0	1212	$2,250	$1.86	1d	1	0.89mi
1153 Williamsburg Rd Country Club Hills, IL	2.0	1.5	1216	$1,900	$1.56	1d	1	0.91mi
4962 Bennett St Matteson, IL	2.0–3.0	2.5	1341	$3,120	$2.33	1d	7	1.39mi
18019 Ravisloe Ter Country Club Hills, IL	3.0	1.5	1150	$2,800	$2.43	1d	1	1.44mi

HOA detail condo

• Monthly dues: $220 · $2,640/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 33 events

1. 2026-06-18
   days on market $105,000 Active 294 DOM
2. 2026-06-17
   days on market $105,000 Active 293 DOM
3. 2026-06-16
   days on market $105,000 Active 292 DOM
4. 2026-06-15
   days on market $105,000 Active 291 DOM
5. 2026-06-13
   days on market $105,000 Active 289 DOM
6. 2026-06-09
   days on market $105,000 Active 285 DOM
7. 2026-06-08
   days on market $105,000 Active 284 DOM
8. 2026-06-07
   days on market $105,000 Active 283 DOM
9. 2026-06-04
   days on market $105,000 Active 280 DOM
10. 2026-06-03
    days on market $105,000 Active 279 DOM
11. 2026-06-02
    days on market $105,000 Active 278 DOM
12. 2026-06-01
    days on market $105,000 Active 277 DOM
13. 2026-05-31
    days on market $105,000 Active 276 DOM
14. 2026-05-18
    price $105,000
15. 2026-03-25
    status Active
16. 2026-03-19
    status Pending
17. 2026-03-17
    price $110,000
18. 2026-02-24
    price $115,000
19. 2025-12-07
    price $120,000
20. 2025-10-16
    price $125,500
21. 2025-10-07
    price $126,500
22. 2025-09-21
    price $127,500
23. 2025-08-26
    price $130,000
24. 2025-08-22
    listed $135,000 Active
25. 2016-09-13
    soldstatus $30,500 Closed Sale 349-char remark

    Show marketing remark (349 chars)

    VERY RARE 3 BEDROOM, 2 BATH CONDO ..... UNIT IS LOCATED ON THE 2ND FLOOR. UNIT HAS MASTER BEDROOM WITH PRIVATE BATH, BALCONY, IN-UNIT LAUNDRY AND 1 CAR ATTACHED GARAGE. CLOSE TO ALL AMENITIES INCLUDING HIGHWAY ACCESS, PUBLIC TRANSPORTATION, AND ALL FORMS OF SHOPPING. Multiple offers received - Highest & Best due Friday, 8/5/16 by 12:00 noon.

26. 2016-08-08
    status Pending 349-char remark

    Show marketing remark (349 chars)

    VERY RARE 3 BEDROOM, 2 BATH CONDO ..... UNIT IS LOCATED ON THE 2ND FLOOR. UNIT HAS MASTER BEDROOM WITH PRIVATE BATH, BALCONY, IN-UNIT LAUNDRY AND 1 CAR ATTACHED GARAGE. CLOSE TO ALL AMENITIES INCLUDING HIGHWAY ACCESS, PUBLIC TRANSPORTATION, AND ALL FORMS OF SHOPPING. Multiple offers received - Highest & Best due Friday, 8/5/16 by 12:00 noon.

27. 2016-07-26
    listed $26,500 New 349-char remark

    Show marketing remark (349 chars)

    VERY RARE 3 BEDROOM, 2 BATH CONDO ..... UNIT IS LOCATED ON THE 2ND FLOOR. UNIT HAS MASTER BEDROOM WITH PRIVATE BATH, BALCONY, IN-UNIT LAUNDRY AND 1 CAR ATTACHED GARAGE. CLOSE TO ALL AMENITIES INCLUDING HIGHWAY ACCESS, PUBLIC TRANSPORTATION, AND ALL FORMS OF SHOPPING. Multiple offers received - Highest & Best due Friday, 8/5/16 by 12:00 noon.

28. 2016-05-02
    status Pending
29. 2016-05-02
    historical
30. 2016-04-06
    listed New
31. 2007-07-18
    historical
32. 2007-04-19
    listed
33. 1987-07-15
    soldstatus $45,000

ⓘ 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: $5,166 · $431/mo
• Projected year-2 tax: $5,166 · $431/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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,142
• − Mortgage interest: −$5,882
• − Property taxes: −$5,166
• − Insurance: −$525
• − Repairs & maintenance: −$2,331
• − Management: −$2,331
• − HOA: −$2,640
• − Depreciation: −$3,055
• Taxable income: $7,212
• Est. tax owed @ 24.0%: −$1,731
• After-tax cash flow: $6,352/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: Rich Twp Hsd 227
• NCES district ID: 1733420
• Math proficiency: 5% ▼ -3.00%
• Reading proficiency: 12% ▬ 0.00%
• Median HH income: $56,056
• Composite: 8.93/100
• National rank: #9885
• State rank: #577 of 620 in IL

Livability — Country Club Hills

• Score: 75/100
• State rank: #212
• US rank: #3963

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Country Club Hills, IL
• City population: 16,549
• Population (ZIP): 16,549

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 (87%)
• Race & ethnicity: Black 87% White 8% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Romanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 96% English-only · Spanish 2%

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: ▼ -79.73%
• Current HPI: 212.3917
• 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

+133.3% since first listed

20 events — show timeline

• 2026-05-18 Price Changed $105,000 MRED as Distributed by MLS Grid
• 2026-03-25 Relisted — MRED as Distributed by MLS Grid
• 2026-03-19 Pending — MRED as Distributed by MLS Grid
• 2026-03-17 Price Changed $110,000 MRED as Distributed by MLS Grid
• 2026-02-24 Price Changed $115,000 MRED as Distributed by MLS Grid
• 2025-12-07 Price Changed $120,000 MRED as Distributed by MLS Grid
• 2025-10-16 Price Changed $125,500 MRED as Distributed by MLS Grid
• 2025-10-07 Price Changed $126,500 MRED as Distributed by MLS Grid
• 2025-09-21 Price Changed $127,500 MRED as Distributed by MLS Grid
• 2025-08-26 Price Changed $130,000 MRED as Distributed by MLS Grid
• 2025-08-22 Listed $135,000 MRED as Distributed by MLS Grid
• 2016-09-13 Sold (MLS) $30,500 MRED as Distributed by MLS Grid
• 2016-08-08 Pending — MRED as Distributed by MLS Grid
• 2016-07-26 Listed $26,500 MRED as Distributed by MLS Grid
• 2016-05-02 Pending — MRED as Distributed by MLS Grid
• 2016-05-02 Listing Removed — MRED as Distributed by MLS Grid
• 2016-04-06 Listed — MRED as Distributed by MLS Grid
• 2007-07-18 Listing Removed — MRED as Distributed by MLS Grid
• 2007-04-19 Listed — MRED as Distributed by MLS Grid
• 1987-07-15 Sold (Public Records) $45,000 Public Records

Property tax history

+6.9%/yr

Latest (2023): $5,166 · +50.7% YoY. Source: county tax records.