17760 Springfield Ave · Country Club Hills, IL 60478

$184,900

3 bd · 1.5 ba · 1,054 sqft · SingleFamily public records · 180 Days on market

Built 1978 7,000 sqft lot Est $203k · 9% under

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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 +20.6/30.0
• ARV discount +11.6/15.0
• 1% rule +8.3/10.0
• DSCR +6.5/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

VERY NICE BEAUTY. MOVE IN TODAY UPDATED HARDWOOD FLOORS, CERAMIC BATHS, SPACOUS BEDROOMS, NEW WINDOWS, AND NEW ROOF ON GARAGE. LARGE YARD TO ENJOY. KITCHEN AND BATHS ARE UPDATED. THIS HOME IS MOVE IN CONDITION. ONE YEAR HOME WARRANTY.

Key facts

• Large backyard
• Newer windows
• Updated kitchen

Tags

• UPDATED KITCHEN
• HARDWOOD FLOORS
• NEWER WINDOWS
• LARGE BACKYARD

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Parking: Attached garage with asphalt driveway (1 garage space, 1 total parking space)
• Security: Security system
• Utilities: Public water; Public sewer; Electric service with circuit breakers
• Home design: Detached single-family split-level home; Fee simple ownership; Currently leased
• Construction: Brick construction; Concrete perimeter foundation; Built approximately 41–50 years ago
• Exterior features: Park access nearby; Curbs and sidewalks; Irregular lot shape; Lot dimensions approximately 50 x 140

Interior

• Kitchen: Eating-area kitchen (12 x 11)
• Bedrooms: 3 bedrooms (master plus two additional bedrooms on the second level); Bedroom sizes include 20 x 15 (master), 15 x 13, and 12 x 10
• Flooring: Carpet in bedrooms; Hardwood in lower-level living and family rooms; Vinyl in kitchen and dining room
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced-air heating; Central air conditioning
• Interior features: Security system; Sump pump; 8 total rooms
• Laundry & utility: Lower-level laundry room (5 x 8)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $247 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $163k (12.0% below list) — sets the bar for market timing.

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.
• Bremen Chsd 228 (suburban): math 15% / reading 17% proficiency, ranked #468 of 620 in IL (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 94 active listings in the ZIP; 9 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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y ago; this cycle's ask has dropped $14k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $156k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 4.2% of price.

Recommended offer $162,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 180 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 1978 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.33% ✓
• Cap rate: 7.89%
• Cash-on-cash: 5.72%
• DSCR: 1.25
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $203,422
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17620 Winston Dr	0.17mi	3/1.0	1,091 (+4%)	3mo	$195,000	$179	81
3617 Coventry Ct	0.49mi	3/2.0	1,064 (+1%)	1mo	$240,000	$226	73
17801 Yale Ln	0.53mi	3/1.5	1,040 (-1%)	3mo	$206,000	$198	71
3704 Tamarind Ln	0.59mi	3/1.5	1,066 (+1%)	1mo	$189,000	$177	70
18008 Edwards Ave	0.44mi	3/1.5	1,136 (+8%)	0mo	$273,600	$241	66
18207 Ravisloe Ter	0.70mi	3/1.5	1,057 (+0%)	3mo	$250,000	$237	64
18040 Springfield Ave	0.39mi	3/1.0	1,139 (+8%)	2mo	$180,000	$158	64
4050 Russet Way	0.69mi	3/2.0	1,058 (+0%)	1mo	$259,000	$245	64
3618 Peach Grove Ln	0.69mi	3/1.0	1,092 (+4%)	5mo	$175,000	$160	56
18208 Fountainbleau Dr	0.72mi	3/1.5	958 (-9%)	5mo	$185,000	$193	47
17781 Yale Ln	0.52mi	4/2.0 (+1)	1,200 (+14%)	2mo	$141,500	$118	44
4411 177th Pl	0.60mi	4/1.5 (+1)	1,212 (+15%)	3mo	$126,653	$104	39

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: -7.3%
• Equity multiple: 0.73×
• Total profit: $-13,959
• Equity at exit: $27,569

10-year hold

• IRR: 2.5%
• Equity multiple: 1.18×
• Total profit: $9,255
• Equity at exit: $15,987

Cash invested: $51,772 (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: 6.3×

Monthly cashflow live

• Estimated rent: $2,451 high
• Mortgage (P&I): −$970
• Tax from tax record: −$643 /mo · $7,714/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$515
• Net cashflow: $247

Break-even live

Break-even rent $2,139

Max offer price $184,900

Occupancy floor 85%

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: $46,225
• Closing costs: $5,547
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
17984 Amherst Ct Country Club Hills, IL	2.0	1.0	1000	$1,900	$1.90	1d	1	0.31mi
18019 Ravisloe Ter Country Club Hills, IL	3.0	1.5	1150	$2,800	$2.43	1d	1	0.48mi
17306 Peach Grove Ln Hazel Crest, IL	4.0	1.0	1034	$2,700	$2.61	1d	1	0.49mi
3501 177th St Country Club Hills, IL	2.0	2.0	839	$2,850	$3.40	1d	1	0.53mi
3515 Bordeaux Ct Hazel Crest, IL	4.0	2.0	1486	$2,900	$1.95	1d	1	0.71mi
1153 Williamsburg Rd Country Club Hills, IL	2.0	1.5	1216	$1,900	$1.56	1d	1	0.92mi
2256 Windsor Ln Country Club Hills, IL	3.0	1.0	1212	$2,250	$1.86	1d	1	0.96mi
4453 Provincetown Dr Country Club Hills, IL	3.0	2.5	1300	$2,500	$1.92	1d	1	1.02mi
2722 Larkspur Ln Hazel Crest, IL	3.0	1.5	1441	$2,650	$1.84	12d	1	1.46mi

Listing history 15 events

1. 2026-04-23
   price $184,900
2. 2026-02-25
   status Active
3. 2026-02-24
   historical
4. 2025-11-24
   listed $199,000 Active
5. 2025-01-29
   historical
6. 2025-01-12
   status Active
7. 2025-01-11
   historical
8. 2024-11-19
   price
9. 2024-10-11
   listed Active
10. 2008-08-07
    soldstatus $156,000
11. 2008-05-29
    soldstatus $156,000 234-char remark

    Show marketing remark (234 chars)

    VERY NICE BEAUTY. MOVE IN TODAY UPDATED HARDWOOD FLOORS, CERAMIC BATHS, SPACOUS BEDROOMS, NEW WINDOWS, AND NEW ROOF ON GARAGE. LARGE YARD TO ENJOY. KITCHEN AND BATHS ARE UPDATED. THIS HOME IS MOVE IN CONDITION. ONE YEAR HOME WARRANTY.

12. 2008-04-27
    historical 234-char remark

    Show marketing remark (234 chars)

    VERY NICE BEAUTY. MOVE IN TODAY UPDATED HARDWOOD FLOORS, CERAMIC BATHS, SPACOUS BEDROOMS, NEW WINDOWS, AND NEW ROOF ON GARAGE. LARGE YARD TO ENJOY. KITCHEN AND BATHS ARE UPDATED. THIS HOME IS MOVE IN CONDITION. ONE YEAR HOME WARRANTY.

13. 2008-02-09
    listed $159,900 234-char remark

    Show marketing remark (234 chars)

    VERY NICE BEAUTY. MOVE IN TODAY UPDATED HARDWOOD FLOORS, CERAMIC BATHS, SPACOUS BEDROOMS, NEW WINDOWS, AND NEW ROOF ON GARAGE. LARGE YARD TO ENJOY. KITCHEN AND BATHS ARE UPDATED. THIS HOME IS MOVE IN CONDITION. ONE YEAR HOME WARRANTY.

14. 2007-01-16
    soldstatus $151,000
15. 1987-05-27
    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: $7,714 · $643/mo
• Projected year-2 tax: $7,714 · $643/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 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,411
• − Mortgage interest: −$10,357
• − Property taxes: −$7,714
• − Insurance: −$924
• − Repairs & maintenance: −$2,353
• − Management: −$2,353
• − Depreciation: −$5,379
• Taxable income: $330
• Est. tax owed @ 24.0%: −$79
• After-tax cash flow: $2,881/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: Bremen Chsd 228
• NCES district ID: 1707050
• Math proficiency: 15% ▼ -4.00%
• Reading proficiency: 17% ▼ -5.00%
• Median HH income: $57,625
• Composite: 15.32/100
• National rank: #9327
• State rank: #468 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

+310.9% since first listed

15 events — show timeline

• 2026-04-23 Price Changed $184,900 MRED as Distributed by MLS Grid
• 2026-02-25 Relisted — MRED as Distributed by MLS Grid
• 2026-02-24 Listing Removed — MRED as Distributed by MLS Grid
• 2025-11-24 Listed $199,000 MRED as Distributed by MLS Grid
• 2025-01-29 Listing Removed — MRED as Distributed by MLS Grid
• 2025-01-12 Relisted — MRED as Distributed by MLS Grid
• 2025-01-11 Listing Removed — MRED as Distributed by MLS Grid
• 2024-11-19 Price Changed — MRED as Distributed by MLS Grid
• 2024-10-11 Listed — MRED as Distributed by MLS Grid
• 2008-08-07 Sold (Public Records) $156,000 Public Records
• 2008-05-29 Sold (MLS) $156,000 MRED as Distributed by MLS Grid
• 2008-04-27 Listing Removed — MRED as Distributed by MLS Grid
• 2008-02-09 Listed $159,900 MRED as Distributed by MLS Grid
• 2007-01-16 Sold (Public Records) $151,000 Public Records
• 1987-05-27 Sold (Public Records) $45,000 Public Records

Property tax history

+4.1%/yr

Latest (2023): $7,714 · +39.5% YoY. Source: county tax records.