Meridian Plan · Hampshire, IL 60140

$383,990

4 bd · 2.5 ba · 1,847 sqft · SingleFamily · 590 Days on market

Good condition

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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 +12.9/30.0
• ARV discount +7.5/15.0
• Condition / age +4.0/5.0
• DSCR +3.9/10.0
• 1% rule +3.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

Key facts

• 2 garage spots
• Listed 590 days

🏗️ New construction. The $383,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $391,276.

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $384k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-25 ($-304/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $339k (11.7% below list).
• Recommended offer: $338k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.2% vs local median 4.6% in Hampshire — 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 71/100 on livability (#350 in IL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
• CUSD 300 (suburban): math 24% / reading 27% proficiency, ranked #261 of 620 in IL (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 254 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 1,944 units permitted in Kane County in 2024 (357 in 5+ unit buildings).
• This rent runs 37% of the median local income ($111k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 590 days — a 12% lower offer ($338k) is reasonable based on typical stale-listing flexibility.

Recommended offer $337,911 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 590 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
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. 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?
6. 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.
7. 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.
8. 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: 0.87% ✗
• Cap rate: 6.22%
• Cash-on-cash: -0.28%
• DSCR: 0.99
• GRM: 9.6

CMA / ARV

• ARV (median comp): $391,276
• List price: $383,990
• Delta: -1.86%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
127 Cornerstone Xing	0.06mi	4/2.5	1,847 (0%)	1mo	$406,990	$220	96
123 Cornerstone Xing	0.08mi	4/2.5	1,847 (0%)	2mo	$393,990	$213	95
130 Cornerstone Xing	0.10mi	4/2.5	1,847 (0%)	2mo	$392,990	$213	94
119 Cornerstone Xing	0.10mi	4/2.5	1,847 (0%)	4mo	$389,990	$211	92
132 Cornerstone Xing	0.09mi	4/2.5	1,953 (+6%)	1mo	$406,990	$208	86
120 Cornerstone Xing	0.14mi	4/2.5	1,953 (+6%)	3mo	$399,990	$205	82
402 Arbor Ridge Ct	0.19mi	4/2.5	2,051 (+11%)	2mo	$443,940	$216	71
494 Arbor Ridge Dr	0.39mi	4/2.5	2,051 (+11%)	3mo	$431,990	$211	61
500 Arbor Ridge Dr	0.41mi	4/2.5	2,051 (+11%)	3mo	$423,990	$207	60
507 Autumn Moor Trl	0.46mi	4/2.5	2,051 (+11%)	3mo	$441,990	$215	57
512 Dawns End	0.65mi	4/2.5	1,700 (-8%)	3mo	$385,000	$226	54
47W185 Kelley Rd	0.46mi	3/1.5 (-1)	1,579 (-14%)	1mo	$535,000	$339	44

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: -16.7%
• Equity multiple: 0.41×
• Total profit: $-64,966
• Equity at exit: $58,340

10-year hold

• IRR: -8.5%
• Equity multiple: 0.47×
• Total profit: $-58,441
• Equity at exit: $33,830

Cash invested: $109,557 (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 60140

• Home prices YoY: -24.6%
• Active inventory: 254
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $3,391 medium
• Mortgage (P&I): −$2,052
• Tax est. 1.5%: −$489 /mo · $5,869/yr
• Insurance: −$163
• HOA: −$0
• Vacancy / Maint / Mgmt: −$712
• Net cashflow: $-25

Break-even live

Break-even rent $3,423

Max offer price $387,610

Occupancy floor 96%

Sensitivity live

Price	-10% $245	-5% $110	+0% $-25	+5% $-161	+10% $-296
Rent	-10% $-293	-5% $-159	+0% $-25	+5% $109	+10% $243
Rate	-1.0pp $172	-0.5pp $74	base $-25	+0.5pp $-127	+1.0pp $-230

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: $97,819
• Closing costs: $11,738
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
863 Briar Glen Ct Unit 863 Hampshire, IL	3.0	2.5	1758	$2,595	$1.48	44d	1	0.77mi
179 Terrabrook Way Hampshire, IL	3.0–4.0	2.5	1828	$3,000	$1.64	2d	1	1.02mi

Listing history 27 events

1. 2026-06-18
   days on market $383,990 Active 590 DOM
2. 2026-06-17
   days on market $383,990 Active 589 DOM
3. 2026-06-16
   days on market $383,990 Active 588 DOM
4. 2026-06-15
   days on market $383,990 Active 587 DOM
5. 2026-06-13
   days on market $383,990 Active 585 DOM
6. 2026-06-13
   days on market $383,990 Active 584 DOM
7. 2026-06-09
   days on market $383,990 Active 581 DOM
8. 2026-06-08
   days on market $383,990 Active 580 DOM
9. 2026-06-07
   days on market $383,990 Active 579 DOM
10. 2026-06-04
    days on market $383,990 Active 576 DOM
11. 2026-06-03
    days on market $383,990 Active 575 DOM
12. 2026-06-02
    days on market $383,990 Active 574 DOM
13. 2026-06-01
    days on market $383,990 Active 573 DOM
14. 2026-05-31
    days on market $383,990 Active 572 DOM
15. 2026-03-05
    price $383,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

16. 2026-02-19
    price $382,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

17. 2026-02-05
    price $381,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

18. 2026-01-22
    price $380,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

19. 2025-05-14
    price $379,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

20. 2025-04-08
    price $374,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

21. 2025-04-03
    price $372,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

22. 2025-02-25
    price $370,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

23. 2025-01-28
    price $369,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

24. 2025-01-15
    price $368,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

25. 2024-12-31
    price $367,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

26. 2024-11-21
    price $366,990 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

27. 2024-11-05
    listed $364,990 Active 1246-char remark

    Show marketing remark (1246 chars)

    Discover the Meridian plan at Prairie Ridge in Hampshire, IL, an inviting two-story home designed for modern living. Find all the space you need in this 1,847 square foot home that offers 4 bedrooms, 2.5 baths, and a 2-car garage. Entering the home, you are greeted by the foyer which opens up to the main level living space. The main living area open layout with a bump out dining area, a living room, and kitchen, perfect for family time and entertaining. The kitchen boaster beautiful cabinetry, a walk-in pantry, and a spacious island with ample seating space that looks out to the living room. Your primary bedroom features a deluxe bath with ample storage in the walk-in closet, and a dual sink vanity. Three additional bedrooms, a second bath, linen closet and a convenient upstairs laundry room complete the second floor. Each Meridian home include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more; allowing you to control and monitor your home from your couch or from 500 miles away. Visit Prairie Ridge in Hampshire, and tour the Meridian floor plan today. * Photos are for representational purposes only, finishes may vary per home.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $40,689
• − Mortgage interest: −$21,918
• − Property taxes: −$5,869
• − Insurance: −$1,956
• − Repairs & maintenance: −$3,255
• − Management: −$3,255
• − Depreciation: −$11,383
• Taxable loss: −$6,947
• Est. tax savings @ 24.0%: +$1,667
• After-tax cash flow: $1,363/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 · 1 photo

Good 80/100 Cosmetic rehab

This Meridian plan home in Hampshire, IL is in good condition with a good condition score of 80. It is move-in ready with minor cosmetic updates that could further enhance its resale and rental value.

Value-add opportunities

• Both Painting the exterior and interior — Fresh paint can enhance the curb appeal and interior aesthetics.
• Resale Updating the kitchen backsplash — A fresh backsplash can improve the kitchen's appearance and functionality.
• Rental Upgrading the flooring in the bathrooms — Updated flooring can make the bathrooms more appealing to renters.
• Both Installing smart home technology — Smart home features can increase convenience and appeal to both buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior — Fresh paint can enhance the curb appeal and interior aesthetics. ↑
• Resale Updating the kitchen backsplash — A fresh backsplash can improve the kitchen's appearance and functionality. ↑
• Rental Upgrading the flooring in the bathrooms — Updated flooring can make the bathrooms more appealing to renters. ↑
• Both Installing smart home technology — Smart home features can increase convenience and appeal to both buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: CUSD 300
• NCES district ID: 1708550
• Math proficiency: 24% ▼ -12.00%
• Reading proficiency: 27% ▼ -11.00%
• Median HH income: $77,706
• Composite: 25.12/100
• National rank: #7524
• State rank: #261 of 620 in IL

Livability — Hampshire

• Score: 71/100
• State rank: #350
• US rank: #7222

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hampshire, IL
• County: Kane County · 361,735 people
• City population: 22,689
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 22,689
• Household income: $111,241
• Rent vs Own: 10.9% rent · 89.1% own
• Severe rent burden: 16.0

Population outlook (Kane County) Hauer SSP2

• Today (2025): 559,449 people
• By 2030: 568,757 · +1.7%
• By 2040: 575,969 · +3.0%
• By 2050: 563,477 · +0.7%
• By 2075: 492,321 · -12.0%
• By 2100: 380,943 · -31.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Two or more races 7% Asian 6% Black 5%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Romanian 12% Lithuanian 3% Italian 2%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 83% English-only · Spanish 11% Russian/Polish/Slavic 2% Tagalog/Filipino 2%

Political lean MEDSL · Kane

• 2024 margin: Lean D (+9.4) · D 54.0% · R 44.6% · Other 1.4%
• 2008→2024 swing: -2.4pp toward R · 2008: 11.8pp · 2024: 9.4pp
• All cycles: 2024: D+9.4 2020: D+14.4 2016: D+8.9 2012: D+0.9 2008: D+11.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.68%
• Current HPI: 219.0902
• Rent YoY: —
• 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

+5.2% since first listed

13 events — show timeline

• 2026-03-05 Price Changed $383,990 Zillow
• 2026-02-19 Price Changed $382,990 Zillow
• 2026-02-05 Price Changed $381,990 Zillow
• 2026-01-22 Price Changed $380,990 Zillow
• 2025-05-14 Price Changed $379,990 Zillow
• 2025-04-08 Price Changed $374,990 Zillow
• 2025-04-03 Price Changed $372,990 Zillow
• 2025-02-25 Price Changed $370,990 Zillow
• 2025-01-28 Price Changed $369,990 Zillow
• 2025-01-15 Price Changed $368,990 Zillow
• 2024-12-31 Price Changed $367,990 Zillow
• 2024-11-21 Price Changed $366,990 Zillow
• 2024-11-05 Listed $364,990 Zillow