1527 Wentworth Ave · Calumet City, IL 60409

$119,950

2 bd · 2.5 ba · 1,123 sqft · SingleFamily public records · 93 Days on market

Built 1950 5,998 sqft lot Est $157k · 24% under

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Why this score? — see what drove the B 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 +28.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Rent growth +4.0/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Brick 4 Bedroom with 2 bedrooms up and 2 bedrooms down. Home has been used as a rental. Full unfinished basement, hardwood flooring on main level, long extended driveway, , and roof is 2 months new. Comes with appliances present and a one year paid Guard home warranty through Guard Home Warranty and partially fenced in yard.

Key facts

• Hardwood flooring
• Roof is new
• 5,998 sq ft lot

Tags

• FULL UNFINISHED BASEMENT
• HARDWOOD FLOORING
• LONG EXTENDED DRIVEWAY
• ROOF IS NEW
• PARTIALLY FENCED YARD

Property features AI

Finance

• HOA & community: No master association fee required; Community features include curbs, sidewalks, street lights and paved streets

Exterior

• Parking: Two parking spaces; Concrete driveway and off-street parking (owned)
• Utilities: Public water; Public sewer; Electric with circuit breakers
• Home design: Detached single-family home; 1.5-story design; Fee simple ownership; Commuter-bus and interstate access nearby; Built 71–80 years ago; Facing direction not specified
• Construction: Brick construction; Asphalt roof; Built before 1978
• Exterior features: Patio; Fenced yard; Curbs, sidewalks, street lights, paved streets

Interior

• Kitchen: Kitchen with eating area/table space
• Bedrooms: 4 bedrooms (master and another bedroom on main level; two bedrooms on second floor)
• Flooring: Hardwood flooring throughout main areas; Wood laminate flooring on second-floor bedrooms; Vinyl flooring in kitchen
• Bathrooms: 1 full bath
• Heating & cooling: Natural gas forced-air heating
• Interior features: First-floor bedroom; First-floor full bathroom; 6 total rooms; Unfinished full basement
• Laundry & utility: In-unit laundry with gas dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $-23 ($-275/yr) — negative.
• To cash-flow at today's rent, offer at most $117k (2.8% below list).
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 8.3% in Calumet City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 71/100 on livability (#330 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools F, crime D-.
• Thornton Fractional Twp Hsd 215 (suburban): math 9% / reading 13% proficiency, ranked #563 of 620 in IL (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+6.2%/yr); 196 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• This rent runs 34% of the median local income ($55k/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 $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 16y 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 $24k; list at $120k implies a 400% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,154 (9.0% 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 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.30% ✓
• Cap rate: 10.33%
• Cash-on-cash: 14.42%
• DSCR: 1.64
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $157,220
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1531 Lincoln Ave	0.13mi	3/1.0 (+1)	1,109 (-1%)	1mo	$170,000	$153	80
43 162nd Pl	0.39mi	3/2.5 (+1)	1,135 (+1%)	0mo	$159,000	$140	75
1374 Kenilworth Dr	0.38mi	3/2.0 (+1)	1,111 (-1%)	0mo	$138,000	$124	73
116 163rd St	0.34mi	3/1.0 (+1)	1,125 (+0%)	1mo	$61,500	$55	72
1636 State Line Rd	0.34mi	3/3.0 (+1)	1,084 (-4%)	2mo	$241,000	$222	70
1678 State Line Rd	0.41mi	3/1.0 (+1)	1,126 (+0%)	3mo	$158,000	$140	67
1394 Forest Pl	0.38mi	3/1.0 (+1)	1,147 (+2%)	2mo	$81,000	$71	66
32 166th Pl	0.17mi	3/1.0 (+1)	1,000 (-11%)	2mo	$155,000	$155	61
19 Schrum Rd	0.41mi	3/1.5 (+1)	1,062 (-5%)	3mo	$109,000	$103	60
1382 Burnham Ave	0.64mi	3/1.5 (+1)	1,147 (+2%)	1mo	$105,000	$92	57
3351 171st St	0.41mi	3/1.5 (+1)	1,231 (+10%)	2mo	$219,900	$179	54
6516 Lyman Ave	0.68mi	3/1.0 (+1)	1,095 (-2%)	1mo	$150,000	$137	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 · 6.17% rent growth · sell at horizon

5-year hold

• IRR: -12.2%
• Equity multiple: 0.54×
• Total profit: $-15,478
• Equity at exit: $17,885

10-year hold

• IRR: 2.8%
• Equity multiple: 1.25×
• Total profit: $8,289
• Equity at exit: $10,371

Cash invested: $33,586 (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 60409

• Home prices YoY: -27.6%
• Rents YoY: 6.2%
• Active inventory: 196
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,560 high
• Mortgage (P&I): −$629
• Tax est. 1.5%: −$150 /mo · $1,799/yr
• Insurance: −$50
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $-23

Break-even live

Break-even rent $1,589

Max offer price $116,632

Occupancy floor 96%

Sensitivity live

Price	-10% $60	-5% $19	+0% $-23	+5% $-64	+10% $-106
Rent	-10% $-146	-5% $-85	+0% $-23	+5% $39	+10% $100
Rate	-1.0pp $37	-0.5pp $8	base $-23	+0.5pp $-54	+1.0pp $-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: $29,988
• Closing costs: $3,598
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1539 Wentworth Ave Unit 3W Calumet City, IL	3.0	1.0	1100	$1,700	$1.55	13d	1	0.03mi
17104 Wentworth Ave Unit 4 Lansing, IL	2.0	1.0	1100	$1,400	$1.27	0d	1	0.34mi
1338 Wentworth Ave Unit 1338 Calumet City, IL	2.0	1.0	800	$1,430	$1.79	25d	1	0.47mi
1312 Gordon Ave Calumet City, IL	2.0	1.0	1134	$1,600	$1.41	8d	1	0.65mi
3649 173rd Ct Lansing, IL	2.0	2.0	972	$1,357	$1.40	25d	1	0.67mi
230 Wildwood Rd Unit 103 Hammond, IN	1.0	1.0	750	$1,295	$1.73	25d	1	0.88mi
407 Kenwood St Hammond, IN	2.0	1.0	920	$1,495	$1.62	25d	1	0.92mi
407 Kenwood St Hammond, IN	2.0	1.0	920	$1,495	$1.62	18d	1	0.92mi
3069 Bernice Rd Apt 2N Lansing, IL	3.0	1.0	950	$1,535	$1.62	22d	1	0.97mi
3069 Bernice Rd Apt 2S Lansing, IL	3.0	1.0	950	$1,535	$1.62	4d	1	0.97mi
3023 Bernice Rd Unit 3030 3N Lansing, IL	3.0	1.0	1000	$1,400	$1.40	0d	1	1.02mi
3023 Bernice Rd Apt 2S Lansing, IL	3.0	1.0	1000	$1,600	$1.60	0d	1	1.02mi
3007 Bernice Rd Unit 3007 1S Lansing, IL	2.0	1.0	850	$1,400	$1.65	0d	1	1.03mi
34 Elizabeth St Calumet City, IL	3.0	1.0	1246	$2,400	$1.93	0d	1	1.13mi
3 Waltham St Hammond, IN	3.0	1.0	1200	$1,095	$0.91	25d	1	1.21mi
5945 Hyslop Pl Unit 204 Hammond, IN	1.0	1.0	700	$1,195	$1.71	25d	1	1.21mi
5940 Hyslop Pl #226 Hammond, IN	1.0	1.0	800	$950	$1.19	3d	1	1.23mi
5 Ruth St Unit 2W Hammond, IN	2.0	1.0	900	$1,250	$1.39	14d	1	1.26mi
3 Ruth St Hammond, IN	2.0	1.0	900	$1,250	$1.39	25d	1	1.26mi
3020 178th St Unit C1 Lansing, IL	2.0	1.0	900	$1,550	$1.72	0d	1	1.38mi
3020 178th St Apt C7 Lansing, IL	2.0	1.0	900	$1,550	$1.72	25d	1	1.38mi
115 157th St Unit 3 Calumet City, IL	3.0	1.0	800	$1,350	$1.69	25d	1	1.46mi
331 157th St Calumet City, IL	1.0	1.0	900	$1,100	$1.22	25d	1	1.48mi

Listing history 40 events

1. 2026-06-21
   days on market $119,950 Active 93 DOM
2. 2026-06-18
   days on market $119,950 Active 90 DOM
3. 2026-06-17
   days on market $119,950 Active 89 DOM
4. 2026-06-16
   days on market $119,950 Active 88 DOM
5. 2026-06-15
   days on market $119,950 Active 87 DOM
6. 2026-06-13
   days on market $119,950 Active 85 DOM
7. 2026-06-09
   days on market $119,950 Active 81 DOM
8. 2026-06-08
   days on market $119,950 Active 80 DOM
9. 2026-06-07
   days on market $119,950 Active 79 DOM
10. 2026-06-04
    days on market $119,950 Active 76 DOM
11. 2026-06-03
    days on market $119,950 Active 75 DOM
12. 2026-06-02
    days on market $119,950 Active 74 DOM
13. 2026-06-01
    days on market $119,950 Active 73 DOM
14. 2026-05-31
    days on market $119,950 Active 72 DOM
15. 2026-05-16
    status Active
16. 2026-04-13
    historical Contingent - Continue to Show
17. 2026-03-20
    listed $119,950 Active
18. 2026-03-19
    historical
19. 2026-03-19
    price $119,950
20. 2025-12-10
    listed $125,000 Active
21. 2025-12-10
    historical
22. 2025-05-13
    price
23. 2025-04-21
    price
24. 2025-03-17
    price
25. 2025-02-18
    listed Active
26. 2022-05-29
    historical
27. 2022-04-15
    listed Active
28. 2021-12-31
    historical
29. 2021-09-05
    listed Active
30. 2014-08-01
    historical
31. 2014-02-12
    status Back On Market
32. 2014-02-06
    historical
33. 2013-11-20
    price Price Change
34. 2013-09-05
    listed New
35. 2011-03-07
    soldstatus $24,000 Closed Sale
36. 2011-02-10
    status Pending
37. 2011-01-07
    price $28,000 Price Change
38. 2010-12-13
    listed $30,000 New
39. 2005-05-25
    soldstatus $88,000
40. 1994-09-12
    soldstatus $65,000

ⓘ 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 5/10 Major FEMA zone AE · 24% 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 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,722
• − Mortgage interest: −$6,719
• − Property taxes: −$1,799
• − Insurance: −$5,718
• − Repairs & maintenance: −$1,498
• − Management: −$1,498
• − Depreciation: −$3,489
• Taxable loss: −$1,999
• Est. tax savings @ 24.0%: +$480
• After-tax cash flow: $205/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 Fractional Twp Hsd 215
• NCES district ID: 1738940
• Math proficiency: 9% ▼ -3.00%
• Reading proficiency: 13% ▼ -3.00%
• Median HH income: $48,207
• Composite: 10.27/100
• National rank: #9793
• State rank: #563 of 620 in IL

Livability — Calumet City

• Score: 71/100
• State rank: #330
• US rank: #6552

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Calumet City, IL
• County: Cook County · 4,486,803 people
• City population: 35,100
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 35,100
• Household income: $55,369
• Rent vs Own: 44.3% rent · 55.7% own
• Severe rent burden: 2415.0

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 (74%)
• Race & ethnicity: Black 74% Hispanic / Latino 15% White 7% Two or more races 4%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Romanian 2%
• Foreign-born: 9% · Canada
• Languages at home: 83% 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: —

Market trends

• HPI YoY: ▼ -75.01%
• Current HPI: 197.2137
• Rent YoY: ▲ 6.17%
• 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

+84.5% since first listed

26 events — show timeline

• 2026-05-16 Relisted — MRED as Distributed by MLS Grid
• 2026-04-13 Contingent — MRED as Distributed by MLS Grid
• 2026-03-20 Listed $119,950 MRED as Distributed by MLS Grid
• 2026-03-19 Listing Removed — NIRA MLS as Distributed by MLS Grid
• 2026-03-19 Price Changed $119,950 NIRA MLS as Distributed by MLS Grid
• 2025-12-10 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-10 Listed $125,000 NIRA MLS as Distributed by MLS Grid
• 2025-05-13 Price Changed — MRED as Distributed by MLS Grid
• 2025-04-21 Price Changed — MRED as Distributed by MLS Grid
• 2025-03-17 Price Changed — MRED as Distributed by MLS Grid
• 2025-02-18 Listed — MRED as Distributed by MLS Grid
• 2022-05-29 Listing Removed — MRED as Distributed by MLS Grid
• 2022-04-15 Listed — MRED as Distributed by MLS Grid
• 2021-12-31 Listing Removed — MRED as Distributed by MLS Grid
• 2021-09-05 Listed — MRED as Distributed by MLS Grid
• 2014-08-01 Listing Removed — MRED as Distributed by MLS Grid
• 2014-02-12 Relisted — MRED as Distributed by MLS Grid
• 2014-02-06 Listing Removed — MRED as Distributed by MLS Grid
• 2013-11-20 Price Changed — MRED as Distributed by MLS Grid
• 2013-09-05 Listed — MRED as Distributed by MLS Grid
• 2011-03-07 Sold (MLS) $24,000 MRED as Distributed by MLS Grid
• 2011-02-10 Pending — MRED as Distributed by MLS Grid
• 2011-01-07 Price Changed $28,000 MRED as Distributed by MLS Grid
• 2010-12-13 Listed $30,000 MRED as Distributed by MLS Grid
• 2005-05-25 Sold (Public Records) $88,000 Public Records
• 1994-09-12 Sold (Public Records) $65,000 Public Records

Property tax history

+6.1%/yr

Latest (2023): $9,207 · +63.2% YoY. Source: county tax records.