14844 Dearborn St · Dolton, IL 60419

$237,000

3 bd · 1.5 ba · 1,416 sqft · SingleFamily public records · 85 Days on market

Built 1957

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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 +18.1/30.0
• ARV discount +7.5/15.0
• DSCR +5.7/10.0
• 1% rule +5.3/10.0
• Rent growth +4.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

Key facts

• Garage
• Built 1957
• Listed 84 days

Property features AI

Finance

• Other: Parcel number 29092210160000
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (1 garage space; 1 total parking space)
• Utilities: Water source: Lake Michigan; Public sewer and storm sewer
• Home design: Detached single-family home; One-story layout; Fee simple ownership; Rehab completed in 2026; Property age approximately 61–70 years; Built before 1978
• Construction: Brick construction
• Exterior features: Corner lot; Lot less than 0.25 acre (approx. 0.22)

Interior

• Kitchen: Main-level kitchen (22 x 12); Second kitchen in basement (12 x 10)
• Bedrooms: 3 bedrooms on main level; 2 additional bedrooms below grade (finished basement) — up to 5 possible bedrooms total; Master bedroom on main level (13 x 9); Bedroom 2 on main level (10 x 9); Bedroom 3 on main level (9 x 8); Bedroom 4 in basement (14 x 9); Bedroom 5 in basement (9 x 10)
• Bathrooms: 2 full bathrooms; 1 half bathroom; Basement includes bathroom(s)
• Heating & cooling: Forced air heating; Steam heating; Central air conditioning
• Interior features: Finished full basement; Nine total rooms
• Laundry & utility: Main-level laundry room (5 x 7)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $237k.

Deal economics

• At list price, monthly cash flow is $209 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $237k).
• Recommended offer: $223k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 9.3% in Dolton — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 74/100 on livability (#263 in IL, #4,883 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, health & safety C-, schools 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: Rents rising fast (+9.7%/yr); 130 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• At $2,451/mo this rent would consume 51% of the median local household income ($58k/yr) (locally 919% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $66k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 $115k; list at $237k implies a 106% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $222,780 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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?
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: 1.03% ✓
• Cap rate: 7.35%
• Cash-on-cash: 3.78%
• DSCR: 1.17
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $110,448
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14636 Clark St	0.27mi	3/1.0	1,394 (-2%)	3mo	$105,000	$75	81
14828 Wabash Ave	0.13mi	3/1.0	1,296 (-8%)	1mo	$112,000	$86	77
14844 Wabash Ave	0.13mi	3/1.0	1,277 (-10%)	4mo	$125,000	$98	72
14817 S Wentworth Ave	0.17mi	3/2.0	1,270 (-10%)	3mo	$180,000	$142	71
14914 Edbrooke Ave	0.26mi	3/1.0	1,287 (-9%)	2mo	$100,000	$78	69
14925 Riverside Dr	0.50mi	3/1.0	1,472 (+4%)	3mo	$70,000	$48	65
308 W 145th Pl	0.52mi	3/1.5	1,488 (+5%)	3mo	$91,000	$61	65
14521 S Michigan Ave	0.47mi	3/2.0	1,497 (+6%)	5mo	$200,000	$134	63
14437 S Dearborn St	0.50mi	3/1.5	1,307 (-8%)	5mo	$70,500	$54	60
14308 S Michigan Ave	0.73mi	3/1.5	1,386 (-2%)	5mo	$123,649	$89	58
15300 Haney Rd	0.74mi	2/1.5 (-1)	1,500 (+6%)	2mo	$73,000	$49	50
14417 S Atlantic Ave	0.59mi	2/1.0 (-1)	1,227 (-13%)	6mo	$70,000	$57	38

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -4.6%
• Equity multiple: 0.82×
• Total profit: $-12,038
• Equity at exit: $35,337

10-year hold

• IRR: 10.3%
• Equity multiple: 1.99×
• Total profit: $65,995
• Equity at exit: $20,491

Cash invested: $66,360 (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 60419

• Home prices YoY: -25.7%
• Rents YoY: 9.7%
• Active inventory: 130
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,451 high
• Mortgage (P&I): −$1,243
• Tax from tax record: −$385 /mo · $4,625/yr
• Insurance: −$99
• HOA: −$0
• Vacancy / Maint / Mgmt: −$515
• Net cashflow: $209

Break-even live

Break-even rent $2,186

Max offer price $237,000

Occupancy floor 86%

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: $59,250
• Closing costs: $7,110
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14844 Wabash Ave Dolton, IL	3.0	1.5	1277	$2,320	$1.82	24d	1	0.15mi
14124 Manor Ave Dolton, IL	3.0	2.0	1440	$2,390	$1.66	24d	1	1.02mi
14817 Champlain Ave Dolton, IL	2.0	1.0	980	$2,430	$2.48	22d	1	1.18mi
14916 Langley Ave Dolton, IL	3.0	1.5	1418	$2,500	$1.76	24d	1	1.22mi
14305 Irving Ave Unit 2 Dolton, IL	3.0	1.0	1100	$2,200	$2.00	24d	1	1.31mi
15509 Park Ln South Holland, IL	4.0	1.5	1200	$3,400	$2.83	24d	1	1.35mi
15509 Park Ln South Holland, IL	4.0	1.5	1200	$3,400	$2.83	7d	1	1.35mi
13841 Forest Ave Dolton, IL	3.0	1.0	930	$1,895	$2.04	24d	1	1.42mi
14500 Cottage Grove Ave Unit 3 Dolton, IL	2.0	1.0	1000	$1,475	$1.48	24d	1	1.42mi
13708 S Wentworth Ave Riverdale, IL	3.0	1.5	1500	$2,200	$1.47	22d	1	1.44mi

Listing history 26 events

1. 2026-06-18
   days on market $237,000 Active 85 DOM
2. 2026-06-17
   days on market $237,000 Active 84 DOM
3. 2026-06-16
   days on market $237,000 Active 83 DOM
4. 2026-06-15
   days on market $237,000 Active 82 DOM
5. 2026-06-13
   days on market $237,000 Active 80 DOM
6. 2026-06-13
   days on market $237,000 Active 79 DOM
7. 2026-06-09
   days on market $237,000 Active 76 DOM
8. 2026-06-08
   days on market $237,000 Active 75 DOM
9. 2026-06-07
   days on market $237,000 Active 74 DOM
10. 2026-06-04
    days on market $237,000 Active 71 DOM
11. 2026-06-03
    days on market $237,000 Active 70 DOM
12. 2026-06-02
    days on market $237,000 Active 69 DOM
13. 2026-06-01
    days on market $237,000 Active 68 DOM
14. 2026-05-31
    days on market $237,000 Active 67 DOM
15. 2026-03-25
    listed $237,000 Active
16. 2026-03-25
    historical
17. 2026-01-10
    listed Active
18. 2025-08-22
    soldstatus $115,000
19. 2025-08-18
    soldstatus $115,000 Closed 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

20. 2025-06-28
    status Pending 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

21. 2025-06-20
    price $135,000 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

22. 2025-06-19
    status Active 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

23. 2025-06-12
    historical Contingent - No Showings 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

24. 2025-05-28
    price $149,900 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

25. 2025-05-20
    listed $169,900 Active 440-char remark

    Show marketing remark (440 chars)

    PERFECT FOR FHA 203K LOAN...PRICED TO SELL!! THIS PET FRIENDLY HOME IS A SOLID BRICK RANCH AND IS PRICED TO SELL TO A HANDY PERSON OR INVESTOR. 5 BEDROOMS, 2 1/2 BATHS...SHARED HALF BATH. RELATED LIVING IN THIS 2,500 SQ FT HOME. AHS HOME WARRANTY PROVIDED. SOLD 'AS IS'. PRE-APPROVAL AND/OR PROOF OF FUNDS REQUIRED AT TIME OF CONTRACT. A lot of home for the money! Cash or conventional only. Deck measures APPROX 19 X 25 (Irregular shape).

26. 1976-11-16
    soldstatus $39,500

ⓘ 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: $4,625 · $385/mo
• Projected year-2 tax: $5,002 · $417/mo
• Expected delta: +$377/yr (+$31/mo · 8.2%)

ⓘ 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 ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,410
• − Mortgage interest: −$13,276
• − Property taxes: −$4,625
• − Insurance: −$1,185
• − Repairs & maintenance: −$2,353
• − Management: −$2,353
• − Depreciation: −$6,895
• Taxable loss: −$1,276
• Est. tax savings @ 24.0%: +$306
• After-tax cash flow: $2,816/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 — Dolton

• Score: 74/100
• State rank: #263
• US rank: #4883

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dolton, IL
• County: Cook County · 4,486,803 people
• City population: 20,825
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 20,825
• Household income: $57,887
• Rent vs Own: 27.4% rent · 72.6% own
• Severe rent burden: 919.0

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 (91%)
• Race & ethnicity: Black 91% White 4% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Spanish 1%

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: ▼ -66.88%
• Current HPI: 193.2346
• Rent YoY: ▲ 9.65%
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• 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

+500.0% since first listed

12 events — show timeline

• 2026-03-25 Listing Removed — MRED as Distributed by MLS Grid
• 2026-03-25 Listed $237,000 MRED as Distributed by MLS Grid
• 2026-01-10 Listed — MRED as Distributed by MLS Grid
• 2025-08-22 Sold (Public Records) $115,000 Public Records
• 2025-08-18 Sold (MLS) $115,000 MRED as Distributed by MLS Grid
• 2025-06-28 Pending — MRED as Distributed by MLS Grid
• 2025-06-20 Price Changed $135,000 MRED as Distributed by MLS Grid
• 2025-06-19 Relisted — MRED as Distributed by MLS Grid
• 2025-06-12 Contingent — MRED as Distributed by MLS Grid
• 2025-05-28 Price Changed $149,900 MRED as Distributed by MLS Grid
• 2025-05-20 Listed $169,900 MRED as Distributed by MLS Grid
• 1976-11-16 Sold (Public Records) $39,500 Public Records

Property tax history

+9.9%/yr

Latest (2023): $4,625 · +1678.2% YoY. Source: county tax records.