213 S Burr Blvd · Kewanee, IL 61443

$84,900

2 bd · 1.0 ba · 1,259 sqft · SingleFamily public records · 13 Days on market

Built 1917 10,560 sqft lot Est $69k · 23% over

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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 +27.9/30.0
• DSCR +9.9/10.0
• 1% rule +7.3/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

Key facts

• Walk up attic
• Full deep basement
• Detached garage

Tags

• DETACHED GARAGE
• AMPLE OFF-STREET PARKING
• BUILT-INS
• FULL DEEP BASEMENT
• WALK UP ATTIC
• REPLACEMENT WINDOWS

Property features AI

Exterior

• Parking: Detached paved garage (1.5 car)
• Utilities: Public water; Public sewer
• Home design: Single family residence; Built in 1917
• Construction: Shingle roof; Full basement
• Exterior features: Level lot; Paved road access

Interior

• Kitchen: Microwave; Refrigerator
• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Hardwood in primary bedroom; Laminate flooring in second bedroom, living room, dining room, and kitchen
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Ceiling fan(s); Electric fireplace in the living room
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $261 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).

Location & tenants

• Location reads 69/100 on livability (#409 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: crime D-, amenities F, commute F.
• Kewanee CUSD 229 (town): math 8% / reading 20% proficiency, ranked #540 of 620 in IL (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Kewanee High School (math 8% / reading 17%, grade F, #506 of 693 statewide, top 74%, 581 students, 0% FRL) — zoned schools average 0% FRL vs 73% district-wide (73 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 39 active listings in the ZIP; 32 units permitted in Henry County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Henry County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 2y 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 $65k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $84,900

Questions for the listing agent

1. Built in 1917 — 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: 1.23% ✓
• Cap rate: 9.99%
• Cash-on-cash: 13.19%
• DSCR: 1.59
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $69,245
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
206 Roosevelt Ave	0.36mi	2/1.5	1,317 (+5%)	5mo	$112,000	$85	69
312 E Division St	0.49mi	3/1.0 (+1)	1,248 (-1%)	4mo	$55,000	$44	67
323 S Vine St	0.24mi	3/1.0 (+1)	1,116 (-11%)	0mo	$17,000	$15	64
517 W 1st St	0.43mi	3/3.0 (+1)	1,263 (+0%)	7mo	$119,000	$94	61
213 Elliott St	0.32mi	3/2.0 (+1)	1,170 (-7%)	8mo	$55,000	$47	58
328 E Prospect St	0.28mi	3/1.0 (+1)	1,443 (+15%)	2mo	$110,000	$76	56
323 S Chestnut St	0.25mi	3/1.0 (+1)	1,098 (-13%)	8mo	$67,500	$61	55
451 S Grove St	0.55mi	3/2.0 (+1)	1,237 (-2%)	9mo	$67,500	$55	54
422 Ross St	0.68mi	3/1.0 (+1)	1,200 (-5%)	1mo	$64,900	$54	54
110 N Park St	0.38mi	3/1.0 (+1)	1,088 (-14%)	2mo	$105,000	$97	53
630 N Burr St	0.60mi	2/1.0	1,443 (+15%)	0mo	$59,000	$41	47
622 S Tremont St	0.41mi	3/2.0 (+1)	1,124 (-11%)	8mo	$46,000	$41	47

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: 3.2%
• Equity multiple: 1.12×
• Total profit: $2,890
• Equity at exit: $12,659

10-year hold

• IRR: 12.7%
• Equity multiple: 2.01×
• Total profit: $23,955
• Equity at exit: $7,341

Cash invested: $23,772 (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 61443

• Active inventory: 39
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,043 medium
• Mortgage (P&I): −$445
• Tax from tax record: −$82 /mo · $987/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$219
• Net cashflow: $261

Break-even live

Break-even rent $713

Max offer price $84,900

Occupancy floor 70%

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-02
   status Pending
2. 2026-04-18
   listed $84,900 Active
3. 2024-03-11
   soldstatus $65,000
4. 2024-03-08
   soldstatus $65,000 Closed 725-char remark

   Show marketing remark (725 chars)

   2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

5. 2024-03-08
   soldstatus $65,000 725-char remark

   Show marketing remark (725 chars)

   2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

6. 2024-01-14
   status Pending 725-char remark

   Show marketing remark (725 chars)

   2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

7. 2024-01-10
   price $69,900 725-char remark

   Show marketing remark (725 chars)

   2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

8. 2024-01-02
   listed $74,900 Active 725-char remark

   Show marketing remark (725 chars)

   2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

9. 2024-01-02
   listed $69,900 725-char remark

   Show marketing remark (725 chars)

   2BR, 1BA BRICK Bungalow w/spacious 1.5 car detached garage, located near school. Lots of original woodwork throughout. French doors with beveled glass between Living and dining room. Newer replacement windows throughout. New Furnace and C-Air in 2023. Newly remodeled Bathroom with walk-in shower and rain shower head. Lovely old world charm built-in decorative fireplace with book cases on each side in large living room. Walk up attic partially finished for added storage space or many possibilities. All appliances stay but unwarranted. This home sits on 2 lots with a large chain-link fenced area and partial privacy fenced backyard. Additional driveway on south side. Large deep basement has many possibilities as well.

ⓘ 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: $987 · $82/mo
• Projected year-2 tax: $1,457 · $121/mo
• Expected delta: +$470/yr (+$39/mo · 47.6%)

ⓘ 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 ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,520
• − Mortgage interest: −$4,756
• − Property taxes: −$987
• − Insurance: −$424
• − Repairs & maintenance: −$1,002
• − Management: −$1,002
• − Depreciation: −$2,470
• Taxable income: $1,879
• Est. tax owed @ 24.0%: −$451
• After-tax cash flow: $2,685/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: Kewanee CUSD 229
• NCES district ID: 1721000
• Math proficiency: 8% ▼ -8.00%
• Reading proficiency: 20% ▼ -12.00%
• Median HH income: $38,294
• Composite: 11.77/100
• National rank: #9682
• State rank: #540 of 620 in IL

Livability — Kewanee

• Score: 69/100
• State rank: #409
• US rank: #8423

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kewanee, IL
• Population (ZIP): 13,529

Population outlook (Henry County) Hauer SSP2

• Today (2025): 47,376 people
• By 2030: 45,920 · -3.1%
• By 2040: 42,829 · -9.6%
• By 2050: 39,606 · -16.4%
• By 2075: 31,848 · -32.8%
• By 2100: 23,503 · -50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Hispanic / Latino 11% Black 6% Two or more races 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 1%
• Common ancestry: Romanian 4% English 3% Italian 3%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 7%

Political lean MEDSL · Henry

• 2024 margin: Strong R (+24.5) · D 36.8% · R 61.3% · Other 1.9%
• 2008→2024 swing: -32.2pp toward R · 2008: 7.7pp · 2024: -24.5pp
• All cycles: 2024: R+24.5 2020: R+21.4 2016: R+21.2 2012: D+3.1 2008: D+7.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.32%
• Current HPI: 121.8672
• 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

+13.4% since first listed

9 events — show timeline

• 2026-05-02 Pending — RMLSA as Distributed by MLS Grid
• 2026-04-18 Listed $84,900 RMLSA as Distributed by MLS Grid
• 2024-03-11 Sold (Public Records) $65,000 Public Records
• 2024-03-08 Sold (MLS) $65,000 MRED as Distributed by MLS Grid
• 2024-03-08 Sold (MLS) $65,000 RMLSA as Distributed by MLS Grid
• 2024-01-14 Pending — RMLSA as Distributed by MLS Grid
• 2024-01-10 Price Changed $69,900 RMLSA as Distributed by MLS Grid
• 2024-01-02 Listed $69,900 MRED as Distributed by MLS Grid
• 2024-01-02 Listed $74,900 RMLSA as Distributed by MLS Grid

Property tax history

-4.5%/yr

Latest (2024): $987 · -19.2% YoY. Source: county tax records.