210 N Main St · Tampico, IL 61283

$62,000

4 bd · 1.5 ba · 1,836 sqft · Other · 16 Days on market

0.30 ac lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Appreciation +4.7/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This charming two story home in the heart of Tampico offers a large canvas with tons of potential. Featuring tall ceilings, 4 bedrooms, 1.5 bathrooms with a main floor bed & bath suite, full basement, and detached garage with alley access. Whether you are looking to make this house a home, or an addition to your portfolio, this is a great option for you! Make it yours today.

Key facts

• 0.3 acre lot
• 2 garage spots
• Listed 16 days

Property features AI

Finance

• Other: Fee simple ownership; School bus service available; Property located within Tampico township/corporate limits
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (garage owned) with space for 2 vehicles; Two total parking spaces
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; Two-story layout; Main-level entry
• Construction: Built approximately 61–70 years ago; Vinyl siding; Asphalt roof; Stone foundation
• Exterior features: Lot approximately 100 x 130; Quarter-acre to half-acre lot

Interior

• Kitchen: Kitchen on main level (10 x 8); Range
• Bedrooms: Four bedrooms (master on main; three additional bedrooms on the second floor: 13 x 10, 10 x 9, 12 x 11)
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Seven total rooms; Full unfinished basement
• Laundry & utility: Laundry room; Washer and dryer included

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath other listed at $62k.

Deal economics

• At list price, monthly cash flow is $580 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $62k).
• Recommended offer: $61k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#869 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, employment D, amenities F.
• Zoned schools: Plt Middle School (math 12% / reading 27%, grade F, #425 of 665 statewide, top 65%, 168 students, 0% FRL); Prophetstown High School (math 15% / reading 24%, grade F, #379 of 693 statewide, top 57%, 214 students, 0% FRL).
• Market conditions: 1 active listings in the ZIP; 19 units permitted in Whiteside County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $63 of equity ($429 loan paydown + $-366 appreciation (-0.6% local appreciation)).
• Whiteside County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.6% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y 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.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $61,070 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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?
4. 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.
5. 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.
6. 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: 2.05% ✓
• Cap rate: 17.52%
• Cash-on-cash: 40.08%
• DSCR: 2.78
• GRM: 4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.59% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 40.2%
• Equity multiple: 2.93×
• Total profit: $33,435
• Equity at exit: $16,195

10-year hold

• IRR: 43.9%
• Equity multiple: 5.78×
• Total profit: $83,002
• Equity at exit: $18,078

Cash invested: $17,360 (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 61283

• Home prices YoY: -0.5%
• Active inventory: 1
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,271 medium
• Mortgage (P&I): −$325
• Tax from tax record: −$73 /mo · $878/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $580

Break-even live

Break-even rent $537

Max offer price $62,000

Occupancy floor 49%

Sensitivity live

Price	-10% $615	-5% $597	+0% $580	+5% $562	+10% $545
Rent	-10% $479	-5% $530	+0% $580	+5% $630	+10% $680
Rate	-1.0pp $611	-0.5pp $596	base $580	+0.5pp $564	+1.0pp $547

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: $15,500
• Closing costs: $1,860
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-07
   statusdays on market $62,000 Pending 16 DOM
2. 2026-06-04
   days on market $62,000 Active 15 DOM
3. 2026-06-02
   days on market $62,000 Active 14 DOM
4. 2026-06-01
   days on market $62,000 Active 13 DOM
5. 2026-05-31
   days on market $62,000 Active 12 DOM
6. 2026-05-31
   days on market $62,000 Active 11 DOM
7. 2026-05-19
   listed $62,000 Active 383-char remark

   Show marketing remark (383 chars)

   This charming two story home in the heart of Tampico offers a large canvas with tons of potential. Featuring tall ceilings, 4 bedrooms, 1.5 bathrooms with a main floor bed & bath suite, full basement, and detached garage with alley access. Whether you are looking to make this house a home, or an addition to your portfolio, this is a great option for you! Make it yours today.

8. 2026-05-19
   listed $62,000 Active

   Show marketing remark (383 chars)

   This charming two story home in the heart of Tampico offers a large canvas with tons of potential. Featuring tall ceilings, 4 bedrooms, 1.5 bathrooms with a main floor bed & bath suite, full basement, and detached garage with alley access. Whether you are looking to make this house a home, or an addition to your portfolio, this is a great option for you! Make it yours today.

9. 2025-10-09
   soldstatus $72,000 Closed 401-char remark

   Show marketing remark (401 chars)

   Motivated seller! This charming two-story home in the heart of Tampico offers a large canvas with tons of potential. Featuring tall ceilings, 4 bedrooms, 1.5 bathrooms with a main floor bed & bath suite, full basement, and detached garage with alley access. Whether you are looking to make this house a home, or an addition to your portfolio, this is a great option for you! Make it yours today.

10. 2025-09-17
    price $69,900 401-char remark

    Show marketing remark (401 chars)

    Motivated seller! This charming two-story home in the heart of Tampico offers a large canvas with tons of potential. Featuring tall ceilings, 4 bedrooms, 1.5 bathrooms with a main floor bed & bath suite, full basement, and detached garage with alley access. Whether you are looking to make this house a home, or an addition to your portfolio, this is a great option for you! Make it yours today.

11. 2025-08-25
    listed $79,900 Active 401-char remark

    Show marketing remark (401 chars)

    Motivated seller! This charming two-story home in the heart of Tampico offers a large canvas with tons of potential. Featuring tall ceilings, 4 bedrooms, 1.5 bathrooms with a main floor bed & bath suite, full basement, and detached garage with alley access. Whether you are looking to make this house a home, or an addition to your portfolio, this is a great option for you! Make it yours today.

12. 2012-07-09
    soldstatus $20,000
13. 2012-07-06
    soldstatus $30,000
14. 2012-01-16
    listed $34,900
15. 2008-09-26
    soldstatus $25,000
16. 2008-09-26
    soldstatus $25,000
17. 2008-08-17
    listed $29,000

ⓘ 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: $878 · $73/mo
• Projected year-2 tax: $1,143 · $95/mo
• Expected delta: +$265/yr (+$22/mo · 30.2%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 67% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,250
• − Mortgage interest: −$3,473
• − Property taxes: −$878
• − Insurance: −$310
• − Repairs & maintenance: −$1,220
• − Management: −$1,220
• − Depreciation: −$1,804
• Taxable income: $6,346
• Est. tax owed @ 24.0%: −$1,523
• After-tax cash flow: $5,435/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)

No district data.

Livability — Tampico

• Score: 62/100
• State rank: #869
• US rank: #16939

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tampico, IL
• Population (ZIP): 1,349

Population outlook (Whiteside County) Hauer SSP2

• Today (2025): 53,736 people
• By 2030: 51,657 · -3.9%
• By 2040: 47,169 · -12.2%
• By 2050: 42,613 · -20.7%
• By 2075: 32,691 · -39.2%
• By 2100: 22,638 · -57.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Hispanic / Latino 4%
• Common ancestry: Polish 5% Romanian 1% English 1%
• Foreign-born: 0% · Canada
• Languages at home: 71% English-only · German/W. Germanic 27% Spanish 2%

Political lean MEDSL · Whiteside

• 2024 margin: R (+14.7) · D 41.7% · R 56.4% · Other 2.0%
• 2008→2024 swing: -32.3pp toward R · 2008: 17.6pp · 2024: -14.7pp
• All cycles: 2024: R+14.7 2020: R+8.3 2016: R+6.3 2012: D+17.3 2008: D+17.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.59%
• Current HPI: 127.3335
• Rent YoY: —
• Metro: —
• 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

+113.8% since first listed

11 events — show timeline

• 2026-05-19 Listed $62,000 MRED as Distributed by MLS Grid
• 2026-05-19 Listed $62,000 NWIAR
• 2025-10-09 Sold (MLS) $72,000 NWIAR
• 2025-09-17 Price Changed $69,900 NWIAR
• 2025-08-25 Listed $79,900 NWIAR
• 2012-07-09 Sold (Public Records) $20,000 Public Records
• 2012-07-06 Sold (MLS) $30,000 MRED as Distributed by MLS Grid
• 2012-01-16 Listed $34,900 MRED as Distributed by MLS Grid
• 2008-09-26 Sold (Public Records) $25,000 Public Records
• 2008-09-26 Sold (MLS) $25,000 MRED as Distributed by MLS Grid
• 2008-08-17 Listed $29,000 MRED as Distributed by MLS Grid

Property tax history

+3.2%/yr

Latest (2024): $878 · +3.4% YoY. Source: county tax records.