110 N Oak Ln · Glenwood, IL 60425

$189,900

3 bd · 1.0 ba · 950 sqft · SingleFamily public records · 6 Days on market

Built 1973 7,200 sqft lot Est $169k · 12% 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 +23.2/30.0
• 1% rule +7.6/10.0
• DSCR +7.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.0/15.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom 1 level ranch with attached garage. Maintenance free exterior, nice large yard eat-in kitchen. Great starter home or great rental. Waiting for your ideas.

Key facts

• Large eat-in kitchen
• Large backyard
• Bright living room

Tags

• BRIGHT LIVING ROOM
• LARGE EAT-IN KITCHEN
• LOADS OF STORAGE
• LARGE BACKYARD

Property features AI

Finance

• Other: Living area source: Assessor
• HOA & community: No master association fees required

Exterior

• Parking: Attached garage (1-car)
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story layout; Fee simple ownership
• Construction: Frame construction; Built approximately 51–60 years ago; Built before 1978; Not rebuilt or rehabilitated
• Exterior features: Lot dimensions approximately 60 x 120; Lot smaller than 0.25 acre

Interior

• Kitchen: Kitchen on the main level, approx. 13 x 9
• Bedrooms: Three bedrooms (all on the main level); Master bedroom on the main level, approx. 12 x 11; Second bedroom on the main level, approx. 12 x 10; Third bedroom on the main level, approx. 10 x 9
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Six total rooms; Crawl space basement
• Laundry & utility: Main-level laundry room, approx. 9 x 7

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $346 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).

Location & tenants

• Location reads 66/100 on livability (#545 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: health & safety D+, amenities F, commute F.
• Bloom Twp Hsd 206 (suburban): math 8% / reading 9% proficiency, ranked #591 of 620 in IL (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Hickory Bend Elem School (math 8% / reading 12%, grade F, #1,517 of 2,056 statewide, top 78%, 290 students, 0% FRL); Brookwood Jr High School (math 5% / reading 20%, grade F, #545 of 665 statewide, top 83%, 241 students, 0% FRL); Bloom High School (math 7% / reading 8%, grade F, #589 of 693 statewide, top 86%, 1,737 students, 0% FRL).
• Market conditions: 53 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 $6k of value loss. Plan a longer hold.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 14y 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 $82k; list at $190k implies a 132% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price.

Recommended offer $189,900

Questions for the listing agent

1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.26% ✓
• Cap rate: 8.48%
• Cash-on-cash: 7.80%
• DSCR: 1.35
• GRM: 6.6

CMA / ARV

• ARV (on-the-fly): $169,100
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
43 N Oak Ln	0.05mi	3/1.0	950 (0%)	5mo	$162,000	$171	94
126 N Cedar Ln	0.07mi	3/1.0	950 (0%)	19mo	$178,000	$187	81
113 N Rebecca St	0.28mi	3/1.5	964 (+2%)	6mo	$182,500	$189	78
208 E Mulberry Dr	0.22mi	3/1.0	975 (+3%)	11mo	$162,500	$167	76
139 N Wabash Ave	0.37mi	3/1.0	950 (0%)	20mo	$166,900	$176	66
39 N Elm Ln	0.10mi	3/1.0	1,035 (+9%)	18mo	$160,000	$155	66
34 S Chestnut Ct	0.32mi	3/1.5	1,067 (+12%)	2mo	$189,900	$178	61
337 E Rose St	0.37mi	4/1.5 (+1)	993 (+4%)	10mo	$200,000	$201	60
117 S Willow Ln	0.46mi	3/2.0	941 (-1%)	18mo	$150,000	$159	58
301 E Maple Dr	0.20mi	3/1.5	1,067 (+12%)	13mo	$206,000	$193	58
330 E Tulip Dr	0.25mi	3/1.5	1,067 (+12%)	17mo	$205,000	$192	52
101 N Walnut Ln	0.51mi	4/1.5 (+1)	1,084 (+14%)	16mo	$138,000	$127	32

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: -4.3%
• Equity multiple: 0.84×
• Total profit: $-8,570
• Equity at exit: $28,315

10-year hold

• IRR: 5.5%
• Equity multiple: 1.41×
• Total profit: $21,632
• Equity at exit: $16,419

Cash invested: $53,172 (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 60425

• Home prices YoY: -10.6%
• Active inventory: 53
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $2,400 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$475 /mo · $5,702/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$504
• Net cashflow: $346

Break-even live

Break-even rent $1,962

Max offer price $189,900

Occupancy floor 81%

Sensitivity live

Price	-10% $453	-5% $399	+0% $346	+5% $292	+10% $238
Rent	-10% $156	-5% $251	+0% $346	+5% $441	+10% $535
Rate	-1.0pp $441	-0.5pp $394	base $346	+0.5pp $297	+1.0pp $246

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-06-21
   days on market $189,900 Active 6 DOM
2. 2026-06-18
   days on market $189,900 Active 3 DOM
3. 2026-06-17
   days on market $189,900 Active 2 DOM
4. 2026-06-15
   remarks 502-char remark
5. 2026-06-15
   listed $189,900 Active 1 DOM

ⓘ 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: $5,702 · $475/mo
• Projected year-2 tax: $5,702 · $475/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 3/10 Moderate
• 🌡 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: $28,798
• − Mortgage interest: −$10,637
• − Property taxes: −$5,702
• − Insurance: −$950
• − Repairs & maintenance: −$2,304
• − Management: −$2,304
• − Depreciation: −$5,524
• Taxable income: $1,377
• Est. tax owed @ 24.0%: −$331
• After-tax cash flow: $3,818/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: Bloom Twp Hsd 206
• NCES district ID: 1706420
• Math proficiency: 8% ▼ -3.00%
• Reading proficiency: 9% ▼ -8.00%
• Median HH income: $39,795
• Composite: 7.4/100
• National rank: #9952
• State rank: #591 of 620 in IL

Livability — Glenwood

• Score: 66/100
• State rank: #545
• US rank: #11292

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glenwood, IL
• City population: 8,730
• Population (ZIP): 8,730

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 (68%)
• Race & ethnicity: Black 68% White 22% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 3% Iranian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -37.24%
• Current HPI: 314.1777
• 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

+332.6% since first listed

18 events — show timeline

• 2026-06-15 Listed $189,900 MRED as Distributed by MLS Grid
• 2025-12-02 Listing Removed — MRED as Distributed by MLS Grid
• 2025-02-26 Listed — MRED as Distributed by MLS Grid
• 2020-10-21 Sold (Public Records) $82,000 Public Records
• 2020-08-13 Sold (MLS) $82,000 MRED as Distributed by MLS Grid
• 2020-07-11 Pending — MRED as Distributed by MLS Grid
• 2020-07-06 Price Changed $105,000 MRED as Distributed by MLS Grid
• 2020-07-04 Listed $130,000 MRED as Distributed by MLS Grid
• 2013-02-28 Sold (MLS) $37,000 MRED as Distributed by MLS Grid
• 2012-08-22 Contingent — MRED as Distributed by MLS Grid
• 2012-08-13 Price Changed $29,900 MRED as Distributed by MLS Grid
• 2012-08-07 Price Changed $34,900 MRED as Distributed by MLS Grid
• 2012-06-15 Price Changed $39,900 MRED as Distributed by MLS Grid
• 2012-06-06 Price Changed $45,900 MRED as Distributed by MLS Grid
• 2012-05-22 Price Changed $50,900 MRED as Distributed by MLS Grid
• 2012-04-09 Listed $55,900 MRED as Distributed by MLS Grid
• 2003-07-22 Sold (Public Records) $87,500 Public Records
• 1986-09-01 Sold (Public Records) $43,900 Public Records

Property tax history

+3.3%/yr

Latest (2023): $5,702 · +9.7% YoY. Source: county tax records.