500 Engle St · Dolton, IL 60419

$134,900

2 bd · 1.0 ba · 700 sqft · SingleFamily public records · 11 Days on market

Built 1939 6,311 sqft lot

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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 +21.9/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 1% rule +5.5/10.0
• 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

Polished and Professional describe this beautifully renovated 2 bedroom 1 bath home, with spacious family room and stunning kitchen. The 1 bedroom on the 1st floor has hardwood floors and the 2nd bedroom (entire 2nd floor space), has wood laminate flooring. All bedrooms are spacious, with ceiling fan and blinds. The bathroom has been beautifully updated. You will love the modern finishes in the living room with tray ceiling, fresh paint, hardwood floors, sleek light fixtures and abundant natural light. The updated kitchen boasts sleek granite countertops, tiled back splash, new cabinetry and stainless steel appliances (refrigerator, oven and microwave oven). In addition, enjoy the family ro

Key facts

• Updated kitchen
• New cabinetry
• Granite countertops

Tags

• HARDWOOD FLOORS
• WOOD LAMINATE FLOORING
• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• TILED BACK SPLASH
• NEW CABINETRY

Property features AI

Finance

• Other: Possession at closing; Earnest money held
• Financial info: Homeowner tax exemptions (2025)
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (1 garage space, 1 total parking space); Garage owned
• Utilities: Public water; Sewer: other
• Home design: Detached single-family home; 1.5-story layout; Fee simple ownership; Rehab completed in 2025; Property built approximately 81–90 years ago; Built before 1978
• Construction: Cedar construction
• Exterior features: Lot approximately 25 x 125; Lot less than 0.25 acre

Interior

• Kitchen: Eating area/table space; Custom cabinetry; Granite counters; Updated kitchen; Range, Microwave, Refrigerator (stainless steel appliances)
• Bedrooms: Two bedrooms (one on main level, one on second level)
• Flooring: Hardwood flooring in living room and master bedroom; Wood laminate flooring in family room, kitchen, second bedroom and laundry
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: Five total rooms
• Laundry & utility: Main-level laundry room

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).

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); 129 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 4d 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 $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 11 sale attempts since 11y 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 $19k; list at $135k implies a 603% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $134,900

Questions for the listing agent

1. Built in 1939 — 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: 1.05% ✓
• Cap rate: 8.19%
• Cash-on-cash: 6.77%
• DSCR: 1.30
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $72,100
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14403 Irving Ave	0.41mi	3/1.0 (+1)	680 (-3%)	23mo	$70,000	$103	52

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: -0.5%
• Equity multiple: 0.98×
• Total profit: $-753
• Equity at exit: $20,114

10-year hold

• IRR: 13.7%
• Equity multiple: 2.35×
• Total profit: $51,085
• Equity at exit: $11,664

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.

Methodology + full state rankings →

ZIP-level market 60419

• Home prices YoY: -25.7%
• Rents YoY: 9.7%
• Active inventory: 129
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,423 high
• Mortgage (P&I): −$707
• Tax from tax record: −$147 /mo · $1,765/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $213

Break-even live

Break-even rent $1,153

Max offer price $134,900

Occupancy floor 80%

Sensitivity live

Price	-10% $290	-5% $251	+0% $213	+5% $175	+10% $137
Rent	-10% $101	-5% $157	+0% $213	+5% $269	+10% $326
Rate	-1.0pp $281	-0.5pp $248	base $213	+0.5pp $178	+1.0pp $143

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: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15324 Doctor Martin Luther King Junior Dr Unit 1B Dolton, IL	1.0	1.0	725	$985	$1.36	20d	1	1.02mi
13905 S Clark St Riverdale, IL	1.0	1.0	685	$1,210	$1.77	8d	6	1.06mi
14031 S School St Riverdale, IL	1.0	1.0	620	$1,045	$1.69	4d	1	1.15mi
14119 S Tracy Ave Riverdale, IL	2.0	1.0	696	$1,205	$1.73	4d	1	1.17mi
455 W 144th St Unit 2W Riverdale, IL	1.0	1.0	750	$1,250	$1.67	0d	1	1.23mi

Listing history 8 events

1. 2026-06-21
   days on market $134,900 Active 11 DOM
2. 2026-06-18
   days on market $134,900 Active 8 DOM
3. 2026-06-17
   days on market $134,900 Active 7 DOM
4. 2026-06-16
   days on market $134,900 Active 6 DOM
5. 2026-06-15
   days on market $134,900 Active 5 DOM
6. 2026-06-13
   days on market $134,900 Active 3 DOM
7. 2026-06-13
   remarks 699-char remark
8. 2026-06-13
   listed $134,900 Active 2 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: $1,765 · $147/mo
• Projected year-2 tax: $2,414 · $201/mo
• Expected delta: +$648/yr (+$54/mo · 36.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% 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: $17,073
• − Mortgage interest: −$7,556
• − Property taxes: −$1,765
• − Insurance: −$674
• − Repairs & maintenance: −$1,366
• − Management: −$1,366
• − Depreciation: −$3,924
• Taxable income: $420
• Est. tax owed @ 24.0%: −$101
• After-tax cash flow: $2,458/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

+315.1% since first listed

34 events — show timeline

• 2026-06-10 Listed $134,900 MRED as Distributed by MLS Grid
• 2026-05-13 Relisted — MRED as Distributed by MLS Grid
• 2026-05-13 Listing Removed — MRED as Distributed by MLS Grid
• 2026-05-07 Price Changed — MRED as Distributed by MLS Grid
• 2026-05-07 Contingent — MRED as Distributed by MLS Grid
• 2026-04-30 Price Changed — MRED as Distributed by MLS Grid
• 2026-04-27 Relisted — MRED as Distributed by MLS Grid
• 2026-04-22 Price Changed — MRED as Distributed by MLS Grid
• 2026-04-22 Contingent — MRED as Distributed by MLS Grid
• 2026-04-07 Price Changed — MRED as Distributed by MLS Grid
• 2026-04-06 Relisted — MRED as Distributed by MLS Grid
• 2026-03-19 Contingent — MRED as Distributed by MLS Grid
• 2026-02-18 Listed — MRED as Distributed by MLS Grid
• 2026-01-10 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-12 Relisted — MRED as Distributed by MLS Grid
• 2025-11-17 Contingent — MRED as Distributed by MLS Grid
• 2025-10-25 Listed — MRED as Distributed by MLS Grid
• 2025-10-21 Listing Removed — MRED as Distributed by MLS Grid
• 2025-08-30 Relisted — MRED as Distributed by MLS Grid
• 2025-08-25 Contingent — MRED as Distributed by MLS Grid
• 2025-08-19 Price Changed — MRED as Distributed by MLS Grid
• 2025-08-04 Listed — MRED as Distributed by MLS Grid
• 2025-07-30 Listing Removed — MRED as Distributed by MLS Grid
• 2025-06-07 Price Changed — MRED as Distributed by MLS Grid
• 2025-05-12 Price Changed — MRED as Distributed by MLS Grid
• 2025-04-30 Listed — MRED as Distributed by MLS Grid
• 2015-06-12 Sold (MLS) $19,200 MRED as Distributed by MLS Grid
• 2015-06-01 Pending — MRED as Distributed by MLS Grid
• 2015-05-27 Listing Removed — MRED as Distributed by MLS Grid
• 2015-05-07 Price Changed $22,500 MRED as Distributed by MLS Grid
• 2015-04-06 Price Changed $25,900 MRED as Distributed by MLS Grid
• 2015-03-04 Listed $27,500 MRED as Distributed by MLS Grid
• 1999-11-30 Sold (Public Records) $32,500 Public Records
• 1999-11-30 Sold (Public Records) $32,500 Public Records

Property tax history

-3.2%/yr

Latest (2023): $1,765 · +80.7% YoY. Source: county tax records.