16826 Orchard Ridge Ave · Hazel Crest, IL 60429

$205,000

3 bd · 1.0 ba · 1,059 sqft · SingleFamily public records · 14 Days on market

Built 1953 6,496 sqft lot Est $145k · 41% over

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Why this score? — see what drove the D+ 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 +22.9/30.0
• DSCR +7.3/10.0
• 1% rule +6.6/10.0
• 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 MLS

This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

Key facts

• Remodeled ranch home
• Nice sized backyard
• New kitchen cabinets

Tags

• REMODELED RANCH HOME
• NEW KITCHEN CABINETS
• STAINLESS STEEL APPLIANCES
• NICE SIZED BACKYARD
• MOVE IN READY

Property features AI

Finance

• Other: Property currently not leased; Directions: 167th Street west of Dixie Highway; Orchard Ridge is a one-way street going north; Some photos are virtually staged
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage accessed off the alley; Two garage/total parking spaces
• Utilities: Water source: Lake Michigan; Public sewer; Electric service with circuit breakers
• Home design: Detached single-family home; One-story; Fee simple ownership; Rehab completed in 2026; Built before 1978 (rehab done)
• Construction: Aluminum siding; Asphalt roof; Concrete perimeter foundation; Estimated age 71–80 years
• Exterior features: Patio; Fenced yard; Lot dimensions approximately 58 x 112

Interior

• Kitchen: Kitchen on the main level (12 x 18)
• Bedrooms: Three bedrooms on the main level; Master bedroom on the main level with a half bath
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Seven total rooms; Crawl space basement; One wood-burning fireplace located in a bedroom
• Laundry & utility: Main-level laundry (8 x 12), in-unit

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $358 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $205k).

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.
• 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: 80 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 2d 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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 8y ago 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 $102k; list at $205k implies a 101% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $205,000

Questions for the listing agent

1. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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?
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: 1.16% ✓
• Cap rate: 8.39%
• Cash-on-cash: 7.49%
• DSCR: 1.33
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $145,083
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16784 Crane Ave	0.13mi	3/1.0	1,059 (0%)	2mo	$155,000	$146	92
16738 Crane Ave	0.16mi	3/1.0	1,059 (0%)	2mo	$147,000	$139	91
16784 Trapet Ave	0.25mi	3/1.0	970 (-8%)	1mo	$96,000	$99	74
16727 Head Ave	0.24mi	3/1.5	1,150 (+9%)	1mo	$157,000	$137	72
16876 Head Ave	0.20mi	4/2.0 (+1)	1,147 (+8%)	1mo	$185,000	$161	67
1924 169th St	0.51mi	2/1.0 (-1)	1,086 (+2%)	3mo	$189,900	$175	64
16768 Bulger Ave	0.32mi	2/1.0 (-1)	954 (-10%)	4mo	$125,000	$131	60
16444 Wolcott Ave	0.72mi	3/1.5	1,080 (+2%)	3mo	$112,500	$104	59
16735 Dixie Hwy	0.48mi	2/1.0 (-1)	965 (-9%)	1mo	$153,000	$159	57
16628 Winchester Ave	0.55mi	2/1.0 (-1)	1,134 (+7%)	1mo	$84,000	$74	57
16501 Oxford Dr S	0.60mi	3/1.0	975 (-8%)	3mo	$105,000	$108	56
16807 Wood St	0.71mi	3/1.0	985 (-7%)	0mo	$90,000	$91	55

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: -4.8%
• Equity multiple: 0.82×
• Total profit: $-10,294
• Equity at exit: $30,566

10-year hold

• IRR: 4.9%
• Equity multiple: 1.36×
• Total profit: $20,828
• Equity at exit: $17,725

Cash invested: $57,400 (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 60429

• Home prices YoY: -14.0%
• Active inventory: 80
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,375 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$358 /mo · $4,291/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $358

Break-even live

Break-even rent $1,922

Max offer price $205,000

Occupancy floor 80%

Sensitivity live

Price	-10% $474	-5% $416	+0% $358	+5% $300	+10% $242
Rent	-10% $171	-5% $265	+0% $358	+5% $452	+10% $546
Rate	-1.0pp $462	-0.5pp $411	base $358	+0.5pp $305	+1.0pp $251

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16901 Orchard Ridge Ave Hazel Crest, IL	4.0	2.0	1406	$2,700	$1.92	1d	1	0.11mi
16752 Artesian Ave Hazel Crest, IL	3.0	1.0	867	$2,500	$2.88	1d	1	0.15mi
16751 Crane Ave Hazel Crest, IL	3.0	1.0	1200	$1,800	$1.50	1d	1	0.16mi
2308 170th St Hazel Crest, IL	3.0	2.0	1020	$2,400	$2.35	1d	1	0.21mi
2173 171st St Hazel Crest, IL	3.0	1.5	1159	$2,350	$2.03	1d	1	0.42mi
2107 171st St Unit 2107 Hazel Crest, IL	3.0	1.5	1158	$2,300	$1.99	1d	1	0.48mi
17561 Hillside Ave Homewood, IL	3.0	1.0	1174	$2,300	$1.96	1d	1	0.97mi
17561 Hillside Ave Homewood, IL	3.0	1.0	1174	$2,500	$2.13	17d	1	0.97mi
2722 Larkspur Ln Hazel Crest, IL	3.0	1.5	1441	$2,650	$1.84	13d	1	1.09mi
16125 Marshfield Ave Markham, IL	3.0	1.0	1043	$2,400	$2.30	1d	1	1.24mi

Listing history 19 events

1. 2026-04-11
   status Pending
2. 2026-03-29
   listed $205,000 Active
3. 2025-12-04
   soldstatus $102,000
4. 2025-12-02
   soldstatus $102,000 Closed 713-char remark

   Show marketing remark (713 chars)

   This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

5. 2025-11-04
   historical Contingent - Continue to Show 713-char remark

   Show marketing remark (713 chars)

   This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

6. 2025-10-26
   price $125,000 713-char remark

   Show marketing remark (713 chars)

   This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

7. 2025-10-19
   price $140,000 713-char remark

   Show marketing remark (713 chars)

   This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

8. 2025-10-01
   status Active 713-char remark

   Show marketing remark (713 chars)

   This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

9. 2025-09-07
   historical 713-char remark

   Show marketing remark (713 chars)

   This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

10. 2025-07-24
    listed $150,000 Active 713-char remark

    Show marketing remark (713 chars)

    This 3-bedroom, 1.5-bathroom ranch style home is an investor's dream! Nestled on a spacious lot with a large yard, this property offers endless possibilities. The home features a functional layout with well-sized bedrooms, an eat-in kitchen, and a cozy living area ready for your creative touch. The oversized 2-car garage provides ample storage or workshop space, while the expansive yard is perfect for outdoor projects or entertaining. Whether you're looking to renovate and flip, expand your rental portfolio, or create your ideal home, this property offers incredible potential. Conveniently located near schools, shopping, and major highways, this home combines opportunity and location. Home is now vacant.

11. 2025-07-23
    historical
12. 2025-06-10
    status Active
13. 2025-03-14
    historical Contingent - Continue to Show
14. 2025-01-14
    listed Active
15. 2019-04-10
    soldstatus $130,000
16. 2019-01-16
    soldstatus $58,000
17. 2019-01-15
    soldstatus $58,000 Closed Sale
18. 2018-12-19
    status Contingent (Do Not Show)
19. 2018-12-01
    listed $64,900 New

ⓘ 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: $4,291 · $358/mo
• Projected year-2 tax: $4,472 · $373/mo
• Expected delta: +$181/yr (+$15/mo · 4.2%)

ⓘ 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: $28,503
• − Mortgage interest: −$11,483
• − Property taxes: −$4,291
• − Insurance: −$1,025
• − Repairs & maintenance: −$2,280
• − Management: −$2,280
• − Depreciation: −$5,964
• Taxable income: $1,180
• Est. tax owed @ 24.0%: −$283
• After-tax cash flow: $4,018/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 — 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

+215.9% since first listed

19 events — show timeline

• 2026-04-11 Pending — MRED as Distributed by MLS Grid
• 2026-03-29 Listed $205,000 MRED as Distributed by MLS Grid
• 2025-12-04 Sold (Public Records) $102,000 Public Records
• 2025-12-02 Sold (MLS) $102,000 MRED as Distributed by MLS Grid
• 2025-11-04 Contingent — MRED as Distributed by MLS Grid
• 2025-10-26 Price Changed $125,000 MRED as Distributed by MLS Grid
• 2025-10-19 Price Changed $140,000 MRED as Distributed by MLS Grid
• 2025-10-01 Relisted — MRED as Distributed by MLS Grid
• 2025-09-07 Listing Removed — MRED as Distributed by MLS Grid
• 2025-07-24 Listed $150,000 MRED as Distributed by MLS Grid
• 2025-07-23 Listing Removed — MRED as Distributed by MLS Grid
• 2025-06-10 Relisted — MRED as Distributed by MLS Grid
• 2025-03-14 Contingent — MRED as Distributed by MLS Grid
• 2025-01-14 Listed — MRED as Distributed by MLS Grid
• 2019-04-10 Sold (Public Records) $130,000 Public Records
• 2019-01-16 Sold (Public Records) $58,000 Public Records
• 2019-01-15 Sold (MLS) $58,000 MRED as Distributed by MLS Grid
• 2018-12-19 Pending — MRED as Distributed by MLS Grid
• 2018-12-01 Listed $64,900 MRED as Distributed by MLS Grid

Property tax history

+20.3%/yr

Latest (2023): $4,291 · +23.4% YoY. Source: county tax records.