3710 Briar Ln · Hazel Crest, IL 60429

$147,000

4 bd · 2.5 ba · 2,920 sqft · SingleFamily public records · 435 Days on market

Built 1981 7,823 sqft lot

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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 +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

This split-level style single family home offers 3 bedrooms and 3 bathrooms with approximately 3123 square feet of living space on a 0.18 acre lot. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. It is a criminal offense to trespass on this property. Sold As Is. Seller does not provide survey. Room sizes are estimated and unverified. Xome Auction. * Property not for rent. *

Key facts

• 7,823 sq ft lot
• 2 garage spots
• Built 1981

🏷️ Possibly a rental listed for sale. The $147,000 price doesn't fit this home's estimated sale value (~$379,600) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $147k.

Deal economics

• At list price, monthly cash flow is $897 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $147k).
• Recommended offer: $129k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.6% vs local median 8.9% in Hazel Crest — 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 (#229 in IL, #4,242 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, schools D-, crime 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.
• Market conditions: 80 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 435 days — a 12% lower offer ($129k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 4y ago; this cycle's ask has dropped $49k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $129,360 (12.0% below list)

Questions for the listing agent

1. It's been on market 435 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F 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?
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: 1.65% ✓
• Cap rate: 13.62%
• Cash-on-cash: 26.16%
• DSCR: 2.16
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $379,600
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3710 Briar Ln	0.00mi	3/3.0 (-1)	2,920 (0%)	0mo	$138,000	$47	93
3806 Carrington Dr	0.37mi	4/2.5	2,947 (+1%)	10mo	$390,000	$132	73
3742 Beech St	0.19mi	4/2.5	3,221 (+10%)	5mo	$412,000	$128	70
3705 Streamwood Dr	0.23mi	5/3.5 (+1)	3,074 (+5%)	9mo	$444,000	$144	64
18450 Carrington Ct	0.37mi	4/2.5	3,000 (+3%)	18mo	$389,900	$130	64
1037 Central Park Ave	0.54mi	5/2.5 (+1)	3,000 (+3%)	9mo	$415,000	$138	58
3608 Edgewater Dr	0.31mi	4/2.5	2,600 (-11%)	16mo	$465,000	$179	54
19055 Crawford Ave	0.59mi	4/3.5	2,542 (-13%)	10mo	$350,000	$138	39
4218 W 185th Pl	0.65mi	4/2.5	2,500 (-14%)	9mo	$293,000	$117	39
18951 Willow Ave	0.70mi	4/3.0	2,600 (-11%)	10mo	$306,675	$118	38
4218 186th St	0.61mi	5/3.0 (+1)	2,636 (-10%)	13mo	$295,000	$112	38
18541 Walnut Ave	0.65mi	5/3.0 (+1)	3,300 (+13%)	5mo	$410,000	$124	37

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: 19.9%
• Equity multiple: 1.81×
• Total profit: $33,368
• Equity at exit: $21,918

10-year hold

• IRR: 28.2%
• Equity multiple: 3.50×
• Total profit: $102,797
• Equity at exit: $12,710

Cash invested: $41,160 (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 60429

• Home prices YoY: -14.0%
• Active inventory: 80
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,422 medium
• Mortgage (P&I): −$771
• Tax est. 1.5%: −$184 /mo · $2,205/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$509
• Net cashflow: $897

Break-even live

Break-even rent $1,286

Max offer price $147,000

Occupancy floor 58%

Sensitivity live

Price	-10% $999	-5% $948	+0% $897	+5% $847	+10% $796
Rent	-10% $706	-5% $802	+0% $897	+5% $993	+10% $1,089
Rate	-1.0pp $971	-0.5pp $935	base $897	+0.5pp $859	+1.0pp $820

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: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Listing history 30 events

1. 2026-04-27
   status Pending
2. 2025-11-07
   status Auction
3. 2025-10-31
   status Pending
4. 2025-09-08
   status Auction
5. 2025-08-28
   status Pending
6. 2025-08-13
   price $147,000
7. 2025-05-08
   status Auction
8. 2025-04-30
   status Pending
9. 2025-04-10
   status Auction
10. 2025-04-02
    status Pending
11. 2025-01-14
    listed $195,713 Active
12. 2024-03-06
    historical Contingent - Continue to Show
13. 2024-03-01
    historical
14. 2023-12-22
    listed Active
15. 2023-12-22
    historical
16. 2023-11-21
    status Active
17. 2023-10-21
    historical Contingent - Continue to Show
18. 2023-09-30
    listed Active
19. 2023-05-04
    historical Contingent - Continue to Show
20. 2023-05-04
    listed Active
21. 2023-05-04
    historical
22. 2022-11-22
    historical Contingent - Continue to Show
23. 2022-11-21
    historical
24. 2022-11-18
    price
25. 2022-11-08
    price
26. 2022-11-01
    price
27. 2022-10-10
    price
28. 2022-10-07
    listed Active
29. 2000-05-09
    soldstatus $175,000
30. 1985-11-22
    soldstatus $122,500

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

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 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,062
• − Mortgage interest: −$8,234
• − Property taxes: −$2,205
• − Insurance: −$735
• − Repairs & maintenance: −$2,325
• − Management: −$2,325
• − Depreciation: −$4,276
• Taxable income: $8,961
• Est. tax owed @ 24.0%: −$2,151
• After-tax cash flow: $8,617/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 — Hazel Crest

• Score: 75/100
• State rank: #229
• US rank: #4242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Crest, IL
• City population: 14,602
• Population (ZIP): 14,602

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 (83%)
• Race & ethnicity: Black 83% White 7% Hispanic / Latino 7% Two or more races 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 1% Iranian 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 6%

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: ▼ -46.04%
• Current HPI: 282.3552
• 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

+20.0% since first listed

30 events — show timeline

• 2026-04-27 Pending — MRED as Distributed by MLS Grid
• 2025-11-07 Relisted — MRED as Distributed by MLS Grid
• 2025-10-31 Pending — MRED as Distributed by MLS Grid
• 2025-09-08 Relisted — MRED as Distributed by MLS Grid
• 2025-08-28 Pending — MRED as Distributed by MLS Grid
• 2025-08-13 Price Changed $147,000 MRED as Distributed by MLS Grid
• 2025-05-08 Relisted — MRED as Distributed by MLS Grid
• 2025-04-30 Pending — MRED as Distributed by MLS Grid
• 2025-04-10 Relisted — MRED as Distributed by MLS Grid
• 2025-04-02 Pending — MRED as Distributed by MLS Grid
• 2025-01-14 Listed $195,713 MRED as Distributed by MLS Grid
• 2024-03-06 Contingent — MRED as Distributed by MLS Grid
• 2024-03-01 Listing Removed — MRED as Distributed by MLS Grid
• 2023-12-22 Listing Removed — MRED as Distributed by MLS Grid
• 2023-12-22 Listed — MRED as Distributed by MLS Grid
• 2023-11-21 Relisted — MRED as Distributed by MLS Grid
• 2023-10-21 Contingent — MRED as Distributed by MLS Grid
• 2023-09-30 Listed — MRED as Distributed by MLS Grid
• 2023-05-04 Contingent — MRED as Distributed by MLS Grid
• 2023-05-04 Listing Removed — MRED as Distributed by MLS Grid
• 2023-05-04 Listed — MRED as Distributed by MLS Grid
• 2022-11-22 Contingent — MRED as Distributed by MLS Grid
• 2022-11-21 Listing Removed — MRED as Distributed by MLS Grid
• 2022-11-18 Price Changed — MRED as Distributed by MLS Grid
• 2022-11-08 Price Changed — MRED as Distributed by MLS Grid
• 2022-11-01 Price Changed — MRED as Distributed by MLS Grid
• 2022-10-10 Price Changed — MRED as Distributed by MLS Grid
• 2022-10-07 Listed — MRED as Distributed by MLS Grid
• 2000-05-09 Sold (Public Records) $175,000 Public Records
• 1985-11-22 Sold (Public Records) $122,500 Public Records

Property tax history

+5.7%/yr

Latest (2023): $15,298 · -3.9% YoY. Source: county tax records.