209 N Hunter St · Thornton, IL 60476

$244,999

4 bd · 2.0 ba · 1,393 sqft · SingleFamily public records · 120 Days on market

Built 1878 6,969 sqft lot Est $191k · 28% over

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Why this score? — see what drove the C- 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 +25.8/30.0
• DSCR +8.6/10.0
• 1% rule +7.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Beautifully Rehabbed 4-Bedroom Home with Modern Updates! Welcome to this fully renovated 4-bedroom, 2-bath home offering the perfect blend of modern comfort and timeless charm. Step inside to a bright, open floor plan featuring fresh finishes, contemporary updates, and brand-new stainless steel appliances throughout. The home includes a convenient 1-car detached garage and a spacious backyard ideal for outdoor entertaining, relaxing, or everyday enjoyment. Ideally located just minutes from I-80 and I-94, providing easy access for commuting, shopping, dining, parks, and local amenities, including the nearby Thornton Quarry. Move-in ready and thoughtfully updated - schedule your private showi

Key facts

• Minutes from i-80
• Fully rehabbed
• Spacious backyard

Tags

• FULLY REHABBED
• STAINLESS STEEL APPLIANCES
• SPACIOUS BACKYARD
• MINUTES FROM I-80
• MINUTES FROM THORNTON QUARRY
• SHOPPING DINING PARKS

Property features AI

Finance

• Other: Property assessed from assessor records
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage; Two garage spaces; Four total parking spaces
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; Two-story; Fee simple ownership; Home rehab completed in 2025; Over 100 years old (originally built before 1978)
• Construction: Vinyl siding exterior
• Exterior features: Less than 0.25-acre lot; Lot dimensions: 7200

Interior

• Kitchen: Kitchen on main level (12 x 10); Range; Microwave; Dishwasher; Refrigerator; Stainless steel appliances
• Bedrooms: Four bedrooms total; Master bedroom on main level (13 x 12); Bedroom on main level (12 x 10); Two bedrooms on second level (8 x 10 and 8 x 7)
• Bathrooms: Two full bathrooms
• Heating & cooling: Natural gas and electric heating; Central air conditioning
• Interior features: Seven total rooms; Family room; Living room (15 x 14); Dining room (8 x 5)
• Laundry & utility: Main-level laundry (3 x 10)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $595 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $245k).
• Recommended offer: $223k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#183 in IL, #3,517 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D+, schools F, amenities F.
• Thornton Twp Hsd 205 (suburban): math 7% / reading 8% proficiency, ranked #594 of 620 in IL (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 11 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 120 days — a 9% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts 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.
• Current owner paid $90k; list at $245k implies a 172% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1878 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $222,949 (9.0% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1878 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 1.20% ✓
• Cap rate: 9.21%
• Cash-on-cash: 10.41%
• DSCR: 1.46
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $190,841
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
113 N Hunter St	0.07mi	3/2.0 (-1)	1,204 (-14%)	0mo	$180,000	$150	69
920 Sunnyside Ave	0.57mi	4/1.0	1,393 (0%)	4mo	$173,000	$124	66
315 Blackstone St	0.15mi	3/2.0 (-1)	1,259 (-10%)	11mo	$125,000	$99	63
43 Blackhawk Dr	0.47mi	3/2.0 (-1)	1,400 (+0%)	14mo	$207,000	$148	60
107 N Kinzie St	0.10mi	3/1.5 (-1)	1,269 (-9%)	17mo	$182,000	$143	59
59 Indianwood Dr	0.61mi	4/2.0	1,506 (+8%)	5mo	$190,000	$126	54
116 Cora Ct	0.45mi	3/1.5 (-1)	1,323 (-5%)	16mo	$141,000	$107	50
304 S Hunter St	0.30mi	3/1.0 (-1)	1,248 (-10%)	13mo	$127,900	$102	49
64 Indianwood Dr	0.65mi	4/2.0	1,513 (+9%)	9mo	$170,500	$113	48
86 Indianwood Dr	0.56mi	3/2.0 (-1)	1,300 (-7%)	15mo	$210,000	$162	45
921 Highland Ave	0.56mi	3/1.5 (-1)	1,499 (+8%)	13mo	$205,000	$137	44
34 Chippewa Dr	0.71mi	4/2.0	1,500 (+8%)	19mo	$249,000	$166	38

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: -0.7%
• Equity multiple: 0.97×
• Total profit: $-1,727
• Equity at exit: $36,530

10-year hold

• IRR: 9.0%
• Equity multiple: 1.69×
• Total profit: $47,588
• Equity at exit: $21,183

Cash invested: $68,600 (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 60476

• Home prices YoY: -20.4%
• Active inventory: 11
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $2,950 medium
• Mortgage (P&I): −$1,285
• Tax from tax record: −$349 /mo · $4,182/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$620
• Net cashflow: $595

Break-even live

Break-even rent $2,197

Max offer price $244,999

Occupancy floor 75%

Sensitivity live

Price	-10% $734	-5% $664	+0% $595	+5% $526	+10% $456
Rent	-10% $362	-5% $479	+0% $595	+5% $712	+10% $828
Rate	-1.0pp $718	-0.5pp $657	base $595	+0.5pp $532	+1.0pp $467

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
705 W Fitzhenry Ct Glenwood, IL	3.0	2.0	1700	$2,950	$1.74	25d	1	1.23mi
705 W Fitzhenry Ct Glenwood, IL	3.0	2.0	1600	$2,950	$1.84	20d	1	1.23mi

Listing history 31 events

1. 2026-06-18
   days on market $244,999 Active 120 DOM
2. 2026-06-17
   days on market $244,999 Active 119 DOM
3. 2026-06-16
   days on market $244,999 Active 118 DOM
4. 2026-06-15
   days on market $244,999 Active 117 DOM
5. 2026-06-13
   days on market $244,999 Active 115 DOM
6. 2026-06-13
   days on market $244,999 Active 114 DOM
7. 2026-06-09
   days on market $244,999 Active 111 DOM
8. 2026-06-08
   days on market $244,999 Active 110 DOM
9. 2026-06-07
   pricedays on market $244,999 Active 109 DOM
10. 2026-06-04
    days on market $249,899 Active 106 DOM
11. 2026-06-03
    days on market $249,899 Active 105 DOM
12. 2026-06-02
    days on market $249,899 Active 104 DOM
13. 2026-06-01
    days on market $249,899 Active 103 DOM
14. 2026-05-31
    days on market $249,899 Active 102 DOM
15. 2026-05-19
    status Active
16. 2026-05-04
    historical Contingent - Continue to Show
17. 2026-04-07
    status Active
18. 2026-03-31
    historical Contingent - Continue to Show
19. 2026-03-20
    status Active
20. 2026-03-19
    historical Contingent - Continue to Show
21. 2026-02-27
    price $249,899
22. 2026-02-18
    listed $249,900 Active
23. 2026-02-18
    historical
24. 2026-02-12
    price
25. 2026-02-08
    listed Active
26. 2026-02-08
    historical
27. 2025-11-22
    price
28. 2025-11-03
    listed Active
29. 2025-02-18
    soldstatus $90,000
30. 2022-12-06
    soldstatus $70,000
31. 1992-07-28
    soldstatus $71,500

ⓘ 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: $4,182 · $349/mo
• Projected year-2 tax: $4,872 · $406/mo
• Expected delta: +$690/yr (+$57/mo · 16.5%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,400
• − Mortgage interest: −$13,724
• − Property taxes: −$4,182
• − Insurance: −$1,225
• − Repairs & maintenance: −$2,832
• − Management: −$2,832
• − Depreciation: −$7,127
• Taxable income: $3,478
• Est. tax owed @ 24.0%: −$835
• After-tax cash flow: $6,307/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: Thornton Twp Hsd 205
• NCES district ID: 1738970
• Math proficiency: 7% ▬ 0.00%
• Reading proficiency: 8% ▼ -2.00%
• Median HH income: $43,392
• Composite: 6.92/100
• National rank: #9976
• State rank: #594 of 620 in IL

Livability — Thornton

• Score: 76/100
• State rank: #183
• US rank: #3517

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Thornton, IL
• Population (ZIP): 1,876

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 0.65)
• Race & ethnicity: White 43% Black 35% Hispanic / Latino 20% Two or more races 3%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Romanian 8% Iranian 3% Portuguese 1%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 82% English-only · Spanish 16% Other Indo-European 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: ▼ -49.92%
• Current HPI: 194.3119
• 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

+249.5% since first listed

17 events — show timeline

• 2026-05-19 Relisted — MRED as Distributed by MLS Grid
• 2026-05-04 Contingent — MRED as Distributed by MLS Grid
• 2026-04-07 Relisted — MRED as Distributed by MLS Grid
• 2026-03-31 Contingent — MRED as Distributed by MLS Grid
• 2026-03-20 Relisted — MRED as Distributed by MLS Grid
• 2026-03-19 Contingent — MRED as Distributed by MLS Grid
• 2026-02-27 Price Changed $249,899 MRED as Distributed by MLS Grid
• 2026-02-18 Listing Removed — MRED as Distributed by MLS Grid
• 2026-02-18 Listed $249,900 MRED as Distributed by MLS Grid
• 2026-02-12 Price Changed — MRED as Distributed by MLS Grid
• 2026-02-08 Listing Removed — MRED as Distributed by MLS Grid
• 2026-02-08 Listed — MRED as Distributed by MLS Grid
• 2025-11-22 Price Changed — MRED as Distributed by MLS Grid
• 2025-11-03 Listed — MRED as Distributed by MLS Grid
• 2025-02-18 Sold (Public Records) $90,000 Public Records
• 2022-12-06 Sold (Public Records) $70,000 Public Records
• 1992-07-28 Sold (Public Records) $71,500 Public Records

Property tax history

+4.5%/yr

Latest (2023): $4,182 · +100.5% YoY. Source: county tax records.