832 E 153 St · Phoenix, IL 60426

$79,900

3 bd · 2.0 ba · 1,050 sqft · SingleFamily public records · 70 Days on market

Built 1968 6,192 sqft lot Est $141k · 43% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0

Listing remarks MLS

Seasoned Rehabbers will want this deal! Corp owned Sold as-is No survey, termite, or disclosures. Tax pro 100% Buyer resp for any/all village reqmnts (insp, escrow, repairs) Offers MUST have pof or preapproval, EM MUST be certified.

Key facts

• Versatile layout
• Open layout
• Low taxes

Tags

• OPEN LAYOUT
• VERSATILE LAYOUT
• LARGE DINING AREA
• SEPARATE LAUNDRY ROOM
• QUIET COMMUNITY
• LOW TAXES

Property features AI

Finance

• Other: Property not currently leased; Possession at closing
• Financial info:
• HOA & community: No master association fee required

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer; Electric service with circuit breakers
• Home design: Detached single-family home; One-story layout; Fee simple ownership; Built before 1978
• Construction: Vinyl siding; Asphalt roof; Estimated age 51–60 years
• Exterior features: Lot dimensions approximately 48 x 129

Interior

• Kitchen: Kitchen on the main level (vinyl flooring)
• Bedrooms: Three bedrooms (all on the main level); Master bedroom on the main level with a full bath
• Flooring: Vinyl flooring in the kitchen; Other flooring throughout remaining rooms
• Bathrooms: Two full bathrooms
• Heating & cooling: Natural gas heating
• Interior features: Seven total rooms; Some photos virtually staged
• Laundry & utility: Main-level laundry room (6 x 8)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Recommended offer: $75k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#230 in IL, #4,248 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, crime A-; Watch: health & safety C-, schools F, amenities 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: 134 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($552 loan paydown + $8k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y 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 $16k; list at $80k implies a 407% gain — meaningful room to come down on a strong offer.

Recommended offer $75,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 3.01% ✓
• Cap rate: 26.11%
• Cash-on-cash: 70.78%
• DSCR: 4.15
• GRM: 2.8

CMA / ARV

• ARV (on-the-fly): $140,700
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
931 Miller Pl	0.11mi	3/1.5	1,042 (-1%)	1mo	$140,000	$134	91
15137 7th Ave	0.20mi	3/1.0	1,000 (-5%)	8mo	$78,000	$78	72
15316 4th Ave	0.24mi	3/1.0	964 (-8%)	2mo	$35,000	$36	69
15533 Vincennes Rd	0.41mi	3/1.0	1,020 (-3%)	6mo	$85,000	$83	67
14931 Riverside Dr	0.46mi	3/2.0	1,100 (+5%)	9mo	$164,000	$149	63
14825 Perry Ave	0.59mi	4/2.0 (+1)	1,014 (-3%)	1mo	$200,000	$197	61
523 E 149th St	0.54mi	3/1.5	1,143 (+9%)	2mo	$80,000	$70	57
523 E 152nd St	0.44mi	2/1.0 (-1)	942 (-10%)	3mo	$16,000	$17	51
14811 Perry Ave	0.63mi	3/1.0	975 (-7%)	5mo	$160,000	$164	50
540 148th Pl E	0.58mi	3/1.0	938 (-11%)	5mo	$90,000	$96	47
14727 Riverside Dr	0.72mi	4/2.0 (+1)	1,200 (+14%)	3mo	$212,000	$177	35
15955 State St	0.69mi	2/1.0 (-1)	900 (-14%)	5mo	$175,000	$194	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 81.7%
• Equity multiple: 6.70×
• Total profit: $127,613
• Equity at exit: $71,980

10-year hold

• IRR: 76.0%
• Equity multiple: 14.85×
• Total profit: $309,818
• Equity at exit: $155,228

Cash invested: $22,372 (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 60426

• Home prices YoY: 6.9%
• Active inventory: 134
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $2,407 high
• Mortgage (P&I): −$419
• Tax from tax record: −$130 /mo · $1,557/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$505
• Net cashflow: $1,320

Break-even live

Break-even rent $737

Max offer price $79,900

Occupancy floor 40%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14844 Wabash Ave Dolton, IL	3.0	1.5	1277	$2,320	$1.82	24d	1	0.99mi
16048 Halsted St Unit 2 Harvey, IL	3.0	1.0	1091	$1,650	$1.51	24d	1	1.06mi
15238 Doctor Martin Luther King Junior Dr Unit 2W Dolton, IL	2.0	1.0	800	$1,500	$1.88	10d	1	1.09mi
15509 Park Ln South Holland, IL	4.0	1.5	1200	$3,400	$2.83	8d	1	1.25mi
15509 Park Ln South Holland, IL	4.0	1.5	1200	$3,400	$2.83	24d	1	1.25mi

Listing history 22 events

1. 2026-06-18
   days on market $79,900 Active 70 DOM
2. 2026-06-17
   days on market $79,900 Active 69 DOM
3. 2026-06-16
   days on market $79,900 Active 68 DOM
4. 2026-06-15
   days on market $79,900 Active 67 DOM
5. 2026-06-13
   days on market $79,900 Active 65 DOM
6. 2026-06-13
   days on market $79,900 Active 64 DOM
7. 2026-06-09
   days on market $79,900 Active 61 DOM
8. 2026-06-08
   days on market $79,900 Active 60 DOM
9. 2026-06-07
   days on market $79,900 Active 59 DOM
10. 2026-06-04
    days on market $79,900 Active 56 DOM
11. 2026-06-03
    days on market $79,900 Active 55 DOM
12. 2026-06-02
    days on market $79,900 Active 54 DOM
13. 2026-06-01
    days on market $79,900 Active 53 DOM
14. 2026-05-31
    days on market $79,900 Active 52 DOM
15. 2026-05-12
    status Active
16. 2026-04-16
    historical Contingent - No Showings
17. 2026-04-09
    listed $79,900 Active
18. 2008-03-17
    historical
19. 2008-03-10
    listed
20. 2007-09-25
    soldstatus $15,750 232-char remark

    Show marketing remark (232 chars)

    Seasoned Rehabbers will want this deal! Corp owned Sold as-is No survey, termite, or disclosures. Tax pro 100% Buyer resp for any/all village reqmnts (insp, escrow, repairs) Offers MUST have pof or preapproval, EM MUST be certified.

21. 2007-09-04
    historical 232-char remark

    Show marketing remark (232 chars)

    Seasoned Rehabbers will want this deal! Corp owned Sold as-is No survey, termite, or disclosures. Tax pro 100% Buyer resp for any/all village reqmnts (insp, escrow, repairs) Offers MUST have pof or preapproval, EM MUST be certified.

22. 2007-04-25
    listed $16,900 232-char remark

    Show marketing remark (232 chars)

    Seasoned Rehabbers will want this deal! Corp owned Sold as-is No survey, termite, or disclosures. Tax pro 100% Buyer resp for any/all village reqmnts (insp, escrow, repairs) Offers MUST have pof or preapproval, EM MUST be certified.

ⓘ 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: $1,557 · $130/mo
• Projected year-2 tax: $1,685 · $140/mo
• Expected delta: +$129/yr (+$11/mo · 8.3%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% 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: $28,885
• − Mortgage interest: −$4,476
• − Property taxes: −$1,557
• − Insurance: −$400
• − Repairs & maintenance: −$2,311
• − Management: −$2,311
• − Depreciation: −$2,324
• Taxable income: $15,507
• Est. tax owed @ 24.0%: −$3,722
• After-tax cash flow: $12,113/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 — Phoenix

• Score: 75/100
• State rank: #230
• US rank: #4248

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Phoenix, IL
• Population (ZIP): 23,066

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: Majority Black (59%)
• Race & ethnicity: Black 59% Hispanic / Latino 33% Two or more races 12% White 3% Asian 2%
• Hispanic origin (detail): Mexican 31%
• Foreign-born: 17% · Canada
• Languages at home: 67% English-only · Spanish 30% Other Indo-European 2% French/Haitian/Cajun 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: ▲ 20.36%
• Current HPI: 313.7895
• 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

+372.8% since first listed

8 events — show timeline

• 2026-05-12 Relisted — MRED as Distributed by MLS Grid
• 2026-04-16 Contingent — MRED as Distributed by MLS Grid
• 2026-04-09 Listed $79,900 MRED as Distributed by MLS Grid
• 2008-03-17 Listing Removed — MRED as Distributed by MLS Grid
• 2008-03-10 Listed — MRED as Distributed by MLS Grid
• 2007-09-25 Sold (MLS) $15,750 MRED as Distributed by MLS Grid
• 2007-09-04 Listing Removed — MRED as Distributed by MLS Grid
• 2007-04-25 Listed $16,900 MRED as Distributed by MLS Grid

Property tax history

+4.1%/yr

Latest (2023): $1,557 · -7.9% YoY. Source: county tax records.