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16551 Plymouth Dr
A Composite 86.12
Why this score? — see what drove the A 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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • Livability +3.8/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.5/5.0
  • Schools +1.1/10.0

$134,900

16551 Plymouth Dr · Markham, IL 60428
2 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 21 Days on market
Built 1960 Good condition 8,850 sqft lot $135/sqft · 17% below area Est $163k · 17% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

PRICE REDUCED!Current taxes reflect no exemptions, giving owner-occupants the opportunity of reduced taxes! Swing by this cozy move-in ready ranch with no stairs, perfect for anyone seeking true one-level living. This updated 3-bedroom, 1-bath home features a bright modern kitchen and a refreshed bathroom bringing comfort and style from day one. The huge yard has endless potential, perfect for this upcoming summer and large enough to build a garage or design your ideal outdoor space. The side driveway fits two cars easily. . A clean, well-maintained home with great possibilities-don't miss out!

Key facts

  • Freshly painted
  • Large yard
  • Eat-in kitchen

Tags

EAT-IN KITCHENNEW LAMINATE FLOORINGFRESHLY PAINTEDUPDATED KITCHENLARGE YARD

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $135k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $896 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $133k (1.5% below list) — sets the bar for market timing.
  • Cap rate 14.3% vs local median 10.8% in Markham — 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 76/100 on livability (#186 in IL, #3,539 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D, amenities D, employment D.
  • 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.
  • Zoned schools: Fieldcrest Elem School (math 17% / reading 22%, grade F, #1,054 of 2,056 statewide, top 54%, 207 students, 0% FRL); Prairie-Hills Junior High School (math 7% / reading 10%, grade F, #605 of 665 statewide, top 91%, 825 students, 0% FRL); Hillcrest High School (math 4% / reading 4%, grade F, #657 of 693 statewide, top 95%, 1,314 students, 0% FRL).
  • Market conditions: 93 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 54d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
  • At $2,315/mo this rent would consume 52% of the median local household income ($53k/yr) (locally 32% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $14k of equity ($933 loan paydown + $13k appreciation (10.0% local appreciation)).
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $132,876 (1.5% below list)

Questions for the listing agent

  1. Built in 1960 — 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 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.72%
Cap rate
14.27%
Cash-on-cash
28.47%
DSCR
2.27
GRM
4.9

CMA / ARV

ARV (median comp)
$162,540
List price
$134,900
Delta
-17.01%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
16549 California Ave 0.06mi 3/1.0 (+1) 1,051 (+5%) 3mo $150,000 $143 81
16607 California Ave 0.08mi 3/1.0 (+1) 1,051 (+5%) 3mo $155,000 $147 80
16358 Plymouth Dr 0.23mi 3/1.0 (+1) 993 (-1%) 5mo $138,999 $140 79
16600 Oxford Dr 0.05mi 3/1.0 (+1) 1,068 (+7%) 3mo $170,000 $159 79
16309 Plymouth Dr 0.33mi 3/1.0 (+1) 1,051 (+5%) 5mo $170,000 $162 67
2859 Stafford Dr 0.40mi 3/1.0 (+1) 1,084 (+8%) 2mo $154,900 $143 61
3014 W 163rd St 0.50mi 3/1.0 (+1) 1,053 (+5%) 2mo $120,000 $114 61
3114 W 163rd St 0.60mi 3/1.0 (+1) 1,033 (+3%) 2mo $160,000 $155 60
2926 Sussex Ave 0.64mi 3/1.0 (+1) 1,048 (+5%) 5mo $129,900 $124 53
16032 Circle Dr 0.66mi 3/1.0 (+1) 1,075 (+8%) 2mo $158,000 $147 50
16155 Kedzie Pkwy 0.74mi 3/1.0 (+1) 1,048 (+5%) 4mo $215,000 $205 49
16727 Head Ave 0.72mi 3/1.5 (+1) 1,150 (+15%) 4mo $157,000 $137 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
45.9%
Equity multiple
4.46×
Total profit
$130,590
Equity at exit
$121,529
10-year hold
IRR
39.8%
Equity multiple
9.99×
Total profit
$339,745
Equity at exit
$262,081

Cash invested: $37,772 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
25 active · 28 under contract
Months of supply
5.2 mo (19%/mo absorbed)
Median asking
$155,000 ($150/sqft)
Median days on market
42 d
This list price
36% of active listings are priced below it
ARV vs active asking
+8.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 60428

Home prices YoY
8.5%
Active inventory
93
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$2,315 high interval (Pro) →
Mortgage (P&I)
$707
Tax est. 1.5%
$169 /mo · $2,024/yr
Insurance
$56
HOA
$0
Vacancy / Maint / Mgmt
$486
Net cashflow
$896

Break-even live

Break-even rent $1,180
Max offer price $134,900
Occupancy floor 56%

Sensitivity live

Price -10% $990 -5% $943 +0% $896 +5% $850 +10% $803
Rent -10% $713 -5% $805 +0% $896 +5% $988 +10% $1,079
Rate -1.0pp $964 -0.5pp $931 base $896 +0.5pp $861 +1.0pp $826

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
$33,725
Closing costs
$4,047
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
16752 Artesian Ave Hazel Crest, IL 3.0 1.0 867 $2,200 $2.54 51d 1 0.43mi
16775 Artesian Ave Hazel Crest, IL 3.0 1.0 867 $2,150 $2.48 0d 1 0.47mi
16751 Crane Ave Hazel Crest, IL 3.0 1.0 1200 $1,800 $1.50 84d 1 0.66mi
2308 170th St Hazel Crest, IL 3.0 2.0 1020 $2,400 $2.35 0d 1 0.75mi
2173 171st St Hazel Crest, IL 3.0 1.5 1159 $2,350 $2.03 54d 1 0.98mi
2107 171st St Unit 2107 Hazel Crest, IL 3.0 1.5 1158 $2,300 $1.99 24d 1 1.05mi
15711 Whipple Ave Markham, IL 3.0 1.0 920 $3,025 $3.29 9d 1 1.11mi
2722 Larkspur Ln Hazel Crest, IL 3.0 1.5 1441 $2,650 $1.84 108d 1 1.30mi
16340 Ashland Ave Markham, IL 3.0 1.0 956 $2,500 $2.62 6d 1 1.41mi
17561 Hillside Ave Homewood, IL 3.0 1.0 1174 $2,300 $1.96 57d 1 1.44mi
17561 Hillside Ave Homewood, IL 3.0 1.0 1174 $2,500 $2.13 112d 1 1.44mi
16125 Marshfield Ave Markham, IL 3.0 1.0 1043 $2,400 $2.30 93d 1 1.45mi

Property features AI

Finance

Other
Property is not currently leasedPossession at closingSchool bus service and commuter bus access; close to interstate access
HOA & community
No master association fee requiredCommunity features include curbs, sidewalks, street lights and paved streets

Exterior

Parking
Two parking spaces totalAsphalt driveway and off-street parking (owned)
Utilities
Public waterPublic sewerElectric with circuit breakers
Home design
Detached single-family homeOne-storyFee simple ownershipBuilt before 1978
Construction
Vinyl siding and brick exteriorAsphalt roofConcrete perimeter foundationEstimated age: 61–70 years
Exterior features
Fenced yard with chain-link fencingCurb, sidewalk, street lights, and paved street accessLot dimensions approximately 59 x 150

Interior

Kitchen
Galley kitchen with eating area (9 x 15)Granite countersRange, microwave, dishwasher, refrigerator
Bedrooms
Master bedroom on main level (14 x 12) with laminate flooringBedroom on main level (13 x 12) with laminate flooringBedroom on main level (12 x 12) with laminate flooring
Flooring
Laminate (wood laminate) throughout main living areas and bedrooms
Bathrooms
One full bathroom on main level
Heating & cooling
Natural gas forced-air heating
Interior features
First-floor bedroomFirst-floor full bathroomGranite countersScreens and drapes on windowsTotal of 5 rooms
Laundry & utility
Main-level laundry in-unit with laundry closet (7 x 7)

Listing history 50 events

  1. 2026-09-24
    days on market $134,900 Active 21 DOM
  2. 2026-09-23
    days on market $134,900 Active 20 DOM
  3. 2026-09-22
    days on market $134,900 Active 19 DOM
  4. 2026-09-21
    days on market $134,900 Active 18 DOM
  5. 2026-09-20
    days on market $134,900 Active 17 DOM
  6. 2026-09-19
    days on market $134,900 Active 16 DOM
  7. 2026-09-18
    days on market $134,900 Active 15 DOM
  8. 2026-09-17
    days on market $134,900 Active 14 DOM
  9. 2026-09-16
    days on market $134,900 Active 13 DOM
  10. 2026-09-15
    days on market $134,900 Active 12 DOM
  11. 2026-09-14
    days on market $134,900 Active 11 DOM
  12. 2026-09-13
    days on market $134,900 Active 10 DOM
  13. 2026-09-12
    days on market $134,900 Active 9 DOM
  14. 2026-09-11
    days on market $134,900 Active 8 DOM
  15. 2026-09-05
    days on market $134,900 Active 2 DOM
  16. 2026-09-04
    statusdays on marketlisting id $134,900 Active 1 DOM
  17. 2026-09-02
    days on market $134,900 Contingent - No Showings 53 DOM
  18. 2026-08-31
    days on market $134,900 Contingent - No Showings 51 DOM
  19. 2026-08-29
    days on market $134,900 Contingent - No Showings 49 DOM
  20. 2026-08-28
    days on market $134,900 Contingent - No Showings 48 DOM
  21. 2026-08-27
    days on market $134,900 Contingent - No Showings 47 DOM
  22. 2026-08-25
    days on market $134,900 Contingent - No Showings 45 DOM
  23. 2026-08-24
    days on market $134,900 Contingent - No Showings 44 DOM
  24. 2026-08-23
    days on market $134,900 Contingent - No Showings 43 DOM
  25. 2026-08-22
    days on market $134,900 Contingent - No Showings 42 DOM
  26. 2026-08-21
    days on market $134,900 Contingent - No Showings 41 DOM
  27. 2026-08-20
    days on market $134,900 Contingent - No Showings 40 DOM
  28. 2026-08-19
    days on market $134,900 Contingent - No Showings 39 DOM
  29. 2026-08-18
    days on market $134,900 Contingent - No Showings 38 DOM
  30. 2026-08-17
    days on market $134,900 Contingent - No Showings 37 DOM
  31. 2026-08-16
    days on market $134,900 Contingent - No Showings 36 DOM
  32. 2026-08-15
    days on market $134,900 Contingent - No Showings 35 DOM
  33. 2026-08-14
    days on market $134,900 Contingent - No Showings 34 DOM
  34. 2026-08-13
    days on market $134,900 Contingent - No Showings 33 DOM
  35. 2026-08-12
    days on market $134,900 Contingent - No Showings 32 DOM
  36. 2026-08-11
    days on market $134,900 Contingent - No Showings 31 DOM
  37. 2026-08-10
    status $134,900 Contingent - No Showings 30 DOM
  38. 2026-08-10
    days on market $134,900 Active 30 DOM
  39. 2026-08-09
    days on market $134,900 Active 29 DOM
  40. 2026-08-08
    days on market $134,900 Active 28 DOM
  41. 2026-08-06
    days on market $134,900 Active 26 DOM
  42. 2026-08-05
    days on market $134,900 Active 25 DOM
  43. 2026-08-04
    days on market $134,900 Active 24 DOM
  44. 2026-08-03
    days on market $134,900 Active 23 DOM
  45. 2026-07-31
    pricedays on market $134,900 Active 20 DOM
  46. 2026-07-30
    days on market $139,900 Active 18 DOM
  47. 2026-07-28
    days on market $139,900 Active 17 DOM
  48. 2026-07-26
    days on market $139,900 Active 15 DOM
  49. 2026-07-24
    days on market $139,900 Active 13 DOM
  50. 2026-07-23
    days on market $139,900 Active 12 DOM

ⓘ 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 ≥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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,776
− Mortgage interest
−$7,556
− Property taxes
−$2,024
− Insurance
−$674
− Repairs & maintenance
−$2,222
− Management
−$2,222
− Depreciation
−$3,924
Taxable income
$9,153
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,197
After-tax cash flow
$8,559/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.

Condition & rehab AI · 2 photos

Good 75/100 Cosmetic rehab Est. rehab $5,000–$15,000 screening

This move-in ready ranch home is in good condition with no visible repairs needed. It offers a good ROI with potential for cosmetic upgrades to enhance its curb appeal and value.

Components & finishes AI

Roof asphalt shingle · good

Deferred maintenance Est. $2,500–$10,000 screening

  • Minor Roof (roof) — No visible signs of damage or wear on the roof.
  • Minor Windows (windows) — No visible signs of damage or wear on the windows.
  • Minor Electrical (electrical) — No visible signs of damage or wear on the electrical components.
  • Minor Plumbing (plumbing) — No visible signs of damage or wear on the plumbing.
  • Minor Exterior (exterior) — No visible signs of damage or wear on the exterior.

Value-add opportunities

  • Both Painting the exterior — Enhances curb appeal and value
  • Both Landscaping improvements — Enhances curb appeal and value
  • Both New roof inspection — Ensures structural integrity and longevity

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 11/100

Zoned Schools

Elementary Fieldcrest Elem School F IL #1,054/2,056 Nat'l #33,738/41,679 Middle Prairie-Hills Junior High School F IL #605/665 Nat'l #13,547/14,009 High Hillcrest High School F IL #657/693 Nat'l #17,118/17,239

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
B Composite livability gradescore 76/100

Livability — Markham

Score
76/100
State rank
#186
US rank
#3539

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Markham, IL
County
Cook · 5,347,519 people
City population
10,980
Metro
Chicago-Naperville-Elgin, IL-IN
Population (ZIP)
10,980
Household income
$53,059
Rent vs Own
26.7% rent · 73.3% own
Severe rent burden
32% of renters

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 (69%)
Race & ethnicity
Black 69% Hispanic / Latino 17% White 11% Two or more races 4%
Hispanic origin (detail)
Mexican 16%
Common ancestry
Romanian 1% Lithuanian 1% Iranian 1%
Foreign-born
8% · Canada
Languages at home
86% English-only · Spanish 14%

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

Price history

+110.4% since first listed
18 events — show timeline
  • 2026-07-17 Price Changed $139,900 MRED as Distributed by MLS Grid
  • 2026-07-11 Listed $144,900 MRED as Distributed by MLS Grid
  • 2026-07-07 Contingent MRED as Distributed by MLS Grid
  • 2026-07-06 Listing Removed MRED as Distributed by MLS Grid
  • 2026-06-26 Price Changed MRED as Distributed by MLS Grid
  • 2026-06-09 Listed MRED as Distributed by MLS Grid
  • 2026-06-05 Listing Removed MRED as Distributed by MLS Grid
  • 2026-04-13 Listing Removed MRED as Distributed by MLS Grid
  • 2026-04-13 Listed MRED as Distributed by MLS Grid
  • 2026-03-11 Listed MRED as Distributed by MLS Grid
  • 2026-03-03 Listing Removed MRED as Distributed by MLS Grid
  • 2026-02-04 Listing Removed MRED as Distributed by MLS Grid
  • 2026-02-04 Listed MRED as Distributed by MLS Grid
  • 2025-12-12 Listed MRED as Distributed by MLS Grid
  • 2025-03-28 Rental Removed $2,200 TURBOTENANT
  • 2025-01-07 Listed for Rent $2,200 TURBOTENANT
  • 2022-11-21 Sold (Public Records) $149,000 Public Records
  • 2003-08-21 Sold (Public Records) $66,500 Public Records

Property tax history

+6.7%/yr

Latest (2023): $8,104 · +91.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…