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1618 Constance Ave
D- Composite 36.2
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 +13.9/30.0
  • DSCR +4.2/10.0
  • Rent growth +4.1/5.0
  • ARV discount +4.0/15.0
  • 1% rule +3.4/10.0
  • Livability +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +0.7/10.0
  • Appreciation +0.0/10.0

$210,000

1618 Constance Ave · Sauk Village, IL 60411
3 bd · 1.0 ba · 1,326 sqft · SingleFamily public records · 27 Days on market
Built 1974 6,600 sqft lot Est $195k · 8% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Beautifully renovated in 2025, this stunning 3-bedroom, 1-bath ranch offers stylish one-level living with modern finishes throughout. The open-concept layout features a beautifully updated kitchen with striking black countertops, stainless steel appliances, dishwasher, and island seating perfect for entertaining. Enjoy spacious bedrooms with large closets, a cozy fireplace, central air and heat, and washer and dryer. Outside, the fenced-in yard offers plenty of space to relax or entertain, along with exterior lighting and an attached garage for added convenience. Step inside and fall in love - schedule your private tour today.

Key facts

  • Island seating
  • Black countertops
  • Updated kitchen

Tags

OPEN-CONCEPT LAYOUTUPDATED KITCHENBLACK COUNTERTOPSSTAINLESS STEEL APPLIANCESISLAND SEATINGFENCED-IN YARD

Property features AI

Finance

  • Other: Parcel number 32251110090000
  • HOA & community: No master association fee required

Exterior

  • Parking: Attached garage (garage owned) with 2 garage spaces; Concrete driveway; Garage door opener
  • Utilities: Public water; Public sewer
  • Home design: Detached single-family home; One-story; Fee simple ownership; Rehab completed 2025; Disability access available; Built before 1978; Age estimated 51–60 years
  • Construction: Vinyl siding and brick exterior
  • Exterior features: Lot dimensions about 60 x 110; Lot less than 0.25 acre; Interstate access

Interior

  • Kitchen: Kitchen on the main level (approx. 14 x 13)
  • Bedrooms: 3 bedrooms (all on the main level); Master bedroom on the main level (approx. 16 x 11); Bedroom (approx. 13 x 14); Bedroom (approx. 10 x 10)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Natural gas heating; Central air conditioning
  • Interior features: Open floorplan; Main-level full bathroom; One fireplace; 6 rooms total
  • Laundry & utility: Main-level laundry in-unit with laundry closet and sink (approx. 7 x 12)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $210k.

Deal economics

  • At list price, monthly cash flow is $23 ($272/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (15.7% below list).
  • Recommended offer: $177k (15.7% below list) — sets the bar for 1% rule.
  • Cap rate 6.4% vs local median 8.2% in Sauk Village — 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 66/100 on livability (#546 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, health & safety D+, commute D.
  • Bloom Twp Hsd 206 (suburban): math 8% / reading 9% proficiency, ranked #591 of 620 in IL (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Bloom High School (math 7% / reading 8%, grade F, #589 of 693 statewide, top 86%, 1,737 students, 0% FRL).
  • Market conditions: Rents rising fast (+6.5%/yr); 222 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 ($62k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 27 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 2 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 $76k; list at $210k implies a 175% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $176,989 (15.7% below list)

Questions for the listing agent

  1. Built in 1974 — 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. 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?
  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
0.84%
Cap rate
6.42%
Cash-on-cash
0.46%
DSCR
1.02
GRM
9.9

CMA / ARV

ARV (on-the-fly)
$194,922
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1618 Constance Ave 0.00mi 3/1.0 1,326 (0%) 0mo $213,000 $161 100
1908 215th Pl 0.27mi 3/1.0 1,250 (-6%) 2mo $120,000 $96 76
1647 216th St 0.08mi 4/2.0 (+1) 1,408 (+6%) 1mo $275,000 $195 76
21618 Gailine Ave 0.26mi 4/2.0 (+1) 1,271 (-4%) 0mo $192,000 $151 72
2106 216th St 0.50mi 3/2.0 1,337 (+1%) 2mo $75,000 $56 70
21607 Gailine Ave 0.28mi 3/1.0 1,200 (-10%) 6mo $189,000 $158 66
21624 Gailine Ave 0.27mi 4/2.0 (+1) 1,500 (+13%) 2mo $199,000 $133 55
2129 219th St 0.65mi 3/1.0 1,200 (-10%) 1mo $170,000 $142 53
22150 Chappel Ave 0.74mi 3/1.0 1,200 (-10%) 1mo $156,000 $130 49
1913 218th Pl 0.48mi 3/2.0 1,500 (+13%) 7mo $220,000 $147 46
2117 217th St 0.52mi 4/1.0 (+1) 1,134 (-14%) 1mo $90,000 $79 46
21946 Merrill Ave 0.64mi 3/1.0 1,130 (-15%) 2mo $175,000 $155 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 · 6.48% rent growth · sell at horizon

5-year hold
IRR
-11.9%
Equity multiple
0.55×
Total profit
$-26,190
Equity at exit
$31,312
10-year hold
IRR
1.5%
Equity multiple
1.12×
Total profit
$7,246
Equity at exit
$18,157

Cash invested: $58,800 (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.

ZIP-level market 60411

Home prices YoY
-33.9%
Rents YoY
6.5%
Active inventory
222
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$1,770 high interval (Pro) →
Mortgage (P&I)
$1,101
Tax from tax record
$187 /mo · $2,241/yr
Insurance
$88
HOA
$0
Vacancy / Maint / Mgmt
$372
Net cashflow
$23

Break-even live

Break-even rent $1,741
Max offer price $210,000
Occupancy floor 94%

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
$52,500
Closing costs
$6,300
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
21538 Gailine Ave Chicago Heights, IL 3.0 1.0 1031 $1,600 $1.55 3d 1 0.22mi
2241 Astor St Unit Labs Sauk Village, IL 2.0 2.0 1000 $1,650 $1.65 2d 1 0.79mi
2236 220th St Sauk Village, IL 3.0 1.0 1008 $1,800 $1.79 24d 1 0.80mi
1154 Barry Ln Sauk Village, IL 2.0 2.0 960 $1,550 $1.61 1d 1 0.84mi
22332 Clyde Ave Sauk Village, IL 3.0 1.0 925 $1,800 $1.95 24d 1 0.98mi
22340 Chappel Ave Sauk Village, IL 3.0 1.0 1100 $1,800 $1.64 19d 1 0.99mi

Listing history 13 events

  1. 2026-06-04
    statusdays on market $210,000 Pending 27 DOM
  2. 2026-06-03
    days on market $210,000 Contingent - No Showings 26 DOM
  3. 2026-06-02
    days on market $210,000 Contingent - No Showings 25 DOM
  4. 2026-06-01
    days on market $210,000 Contingent - No Showings 24 DOM
  5. 2026-05-31
    days on market $210,000 Contingent - No Showings 23 DOM
  6. 2026-05-11
    historical Contingent - No Showings
  7. 2026-05-08
    listed $210,000 Active
  8. 2011-03-01
    historical
  9. 2010-08-23
    listed New
  10. 2000-04-21
    soldstatus $76,500
  11. 1995-04-11
    soldstatus $65,000
  12. 1984-11-01
    soldstatus $40,732
  13. 1979-06-29
    soldstatus $42,500

ⓘ 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
$2,241 · $187/mo
Projected year-2 tax
$3,504 · $292/mo
Expected delta
+$1,263/yr (+$105/mo · 56.4%)

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

Climate risk First Street

  • 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% 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 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,239
− Mortgage interest
−$11,763
− Property taxes
−$2,241
− Insurance
−$1,050
− Repairs & maintenance
−$1,699
− Management
−$1,699
− Depreciation
−$6,109
Taxable loss
−$3,323
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$798
After-tax cash flow
$1,070/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
Bloom Twp Hsd 206
NCES district ID
1706420
Math proficiency
8% ▼ -3.00%
Reading proficiency
9% ▼ -8.00%
Median HH income
$39,795
Composite
7.4/100
National rank
#9952
State rank
#591 of 620 in IL

Livability — Sauk Village

Score
66/100
State rank
#546
US rank
#11370

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Sauk Village, IL
County
Cook County · 4,486,803 people
Metro
Chicago-Naperville-Elgin, IL-IN-WI
Population (ZIP)
52,175
Household income
$62,073
Rent vs Own
34.8% rent · 65.2% own
Severe rent burden
1714.0

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
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
Black 49% Hispanic / Latino 26% White 19% Two or more races 11%
Hispanic origin (detail)
Mexican 22% Puerto Rican 2%
Common ancestry
Romanian 4% Portuguese 1% Lithuanian 1%
Foreign-born
12% · Canada
Languages at home
76% English-only · Spanish 21% Russian/Polish/Slavic 1% Other Indo-European 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
▼ -108.75%
Current HPI
212.4058
Rent YoY
▲ 6.48%
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

Price history

+394.1% since first listed
8 events — show timeline
  • 2026-05-11 Contingent MRED as Distributed by MLS Grid
  • 2026-05-08 Listed $210,000 MRED as Distributed by MLS Grid
  • 2011-03-01 Listing Removed MRED as Distributed by MLS Grid
  • 2010-08-23 Listed MRED as Distributed by MLS Grid
  • 2000-04-21 Sold (Public Records) $76,500 Public Records
  • 1995-04-11 Sold (Public Records) $65,000 Public Records
  • 1984-11-01 Sold (Public Records) $40,732 Public Records
  • 1979-06-29 Sold (Public Records) $42,500 Public Records

Property tax history

+0.3%/yr

Latest (2023): $2,241 · +206.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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