14119 Lincoln Ave · Dolton, IL 60419

$169,900

4 bd · 2.0 ba · 2,294 sqft · SingleFamily public records · 131 Days on market

Built 1920 0.50 ac lot Est $209k · 19% under

---

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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks

If you like uniqueness then you will jump at the chance to be the next owner of this beauty! This property features almost 2300 s. f. above grade living space, original hardwood floors and woodwork throughout, coffered ceilings, real wood burning fire place, an expansive enclosed front porch, privacy galore, and so much more to mention! There are 4 spacious bedrooms on the second level and a bonus room on the main level, perfect for a home office or extra bedroom. The adjacent lot is also included in the sale which provides an opportunity for future expansion. Schedule your private showing, homes like this one aren't available too often!

Key facts

• Coffered ceilings
• Enclosed front porch
• 0.5 acre lot

Tags

• ORIGINAL HARDWOOD FLOORS
• COFFERED CEILINGS
• WOOD BURNING FIRE PLACE
• ENCLOSED FRONT PORCH
• ADJACENT LOT INCLUDED

Property features AI

Finance

• Other: School bus service available; Easy interstate access
• HOA & community: No master association fee required

Exterior

• Parking: Gravel parking; Side driveway; Space for about 6 vehicles
• Security: Holds earnest money
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; 2 stories; Fee simple ownership; Property over 100 years old; Built before 1978
• Construction: Brick construction
• Exterior features: Street lights nearby; Lot dimensions approximately 429 x 51

Interior

• Kitchen: Kitchen (main level)
• Bedrooms: 4 bedrooms (master and three additional bedrooms on the second floor)
• Flooring: Hardwood floors in main living areas and bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heat
• Interior features: 8 total rooms; Unfinished full basement; Bonus room (main level)
• Laundry & utility: Laundry room (basement)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $941 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 9.3% in Dolton — 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 74/100 on livability (#263 in IL, #4,883 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, health & safety C-, schools 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: Rents rising fast (+9.7%/yr); 130 active listings in the ZIP; 4 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).
• At $2,677/mo this rent would consume 55% of the median local household income ($58k/yr) (locally 919% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $48k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 131 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $149,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — 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. 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?
7. 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.
8. 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.
9. 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: 1.58% ✓
• Cap rate: 12.94%
• Cash-on-cash: 23.73%
• DSCR: 2.06
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $208,754
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13920 Kanawha Ave	0.28mi	4/2.0	2,122 (-8%)	2mo	$73,000	$34	72
14208 Ingleside Ave	0.62mi	4/2.5	2,190 (-4%)	2mo	$250,000	$114	60
14223 Grant St	0.16mi	4/2.0	1,995 (-13%)	18mo	$130,000	$65	56
13837 Forest Ave	0.41mi	4/2.0	2,120 (-8%)	18mo	$120,000	$57	53
264 E 142nd Pl	0.44mi	3/3.0 (-1)	2,190 (-4%)	14mo	$200,000	$91	52
14539 Murray Ave	0.64mi	4/3.0	2,500 (+9%)	1mo	$269,900	$108	50
13901 S Michigan Ave	0.74mi	4/1.0	2,300 (+0%)	14mo	$162,000	$70	50
14491 Lincoln Ave	0.71mi	4/3.0	2,300 (+0%)	20mo	$274,000	$119	46
14036 Lincoln Ave	0.18mi	4/3.0	1,966 (-14%)	24mo	$56,650	$29	44
14119 S Wabash Ave	0.75mi	5/1.5 (+1)	2,200 (-4%)	22mo	$225,000	$102	33

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 22.4%
• Equity multiple: 1.98×
• Total profit: $46,574
• Equity at exit: $25,333

10-year hold

• IRR: 33.6%
• Equity multiple: 4.83×
• Total profit: $182,265
• Equity at exit: $14,690

Cash invested: $47,572 (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 60419

• Home prices YoY: -25.7%
• Rents YoY: 9.7%
• Active inventory: 130
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,677 medium
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,548/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$562
• Net cashflow: $941

Break-even live

Break-even rent $1,486

Max offer price $169,900

Occupancy floor 60%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19 E 140th Ct Riverdale, IL	3.0	2.0	2076	$2,231	$1.07	7d	1	0.77mi
13903 S State St Riverdale, IL	4.0	1.5	2300	$2,650	$1.15	24d	1	0.87mi
14505 Minerva Ave Dolton, IL	4.0	2.0	2100	$2,500	$1.19	24d	1	0.93mi
1429 Kasten Dr Dolton, IL	3.0	1.0	1600	$2,500	$1.56	1d	1	1.36mi

Listing history 21 events

1. 2026-06-18
   days on market $169,900 Active 131 DOM
2. 2026-06-17
   days on market $169,900 Active 130 DOM
3. 2026-06-16
   days on market $169,900 Active 129 DOM
4. 2026-06-15
   days on market $169,900 Active 128 DOM
5. 2026-06-13
   days on market $169,900 Active 126 DOM
6. 2026-06-13
   days on market $169,900 Active 125 DOM
7. 2026-06-09
   days on market $169,900 Active 122 DOM
8. 2026-06-08
   days on market $169,900 Active 121 DOM
9. 2026-06-07
   days on market $169,900 Active 120 DOM
10. 2026-06-04
    days on market $169,900 Active 117 DOM
11. 2026-06-03
    days on market $169,900 Active 116 DOM
12. 2026-06-02
    days on market $169,900 Active 115 DOM
13. 2026-06-01
    days on market $169,900 Active 114 DOM
14. 2026-05-31
    days on market $169,900 Active 113 DOM
15. 2026-02-07
    listed $169,900 Active
16. 2026-02-07
    historical
17. 2026-02-06
    status Active
18. 2026-01-31
    historical
19. 2025-10-09
    listed Active
20. 2025-07-29
    historical
21. 2025-06-18
    listed Active

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% 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: $32,125
• − Mortgage interest: −$9,517
• − Property taxes: −$2,548
• − Insurance: −$850
• − Repairs & maintenance: −$2,570
• − Management: −$2,570
• − Depreciation: −$4,943
• Taxable income: $9,127
• Est. tax owed @ 24.0%: −$2,191
• After-tax cash flow: $9,098/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 — Dolton

• Score: 74/100
• State rank: #263
• US rank: #4883

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dolton, IL
• County: Cook County · 4,486,803 people
• City population: 20,825
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 20,825
• Household income: $57,887
• Rent vs Own: 27.4% rent · 72.6% own
• Severe rent burden: 919.0

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 (91%)
• Race & ethnicity: Black 91% White 4% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Spanish 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: ▼ -66.88%
• Current HPI: 193.2346
• Rent YoY: ▲ 9.65%
• 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

7 events — show timeline

• 2026-02-07 Listing Removed — MRED as Distributed by MLS Grid
• 2026-02-07 Listed $169,900 MRED as Distributed by MLS Grid
• 2026-02-06 Relisted — MRED as Distributed by MLS Grid
• 2026-01-31 Listing Removed — MRED as Distributed by MLS Grid
• 2025-10-09 Listed — MRED as Distributed by MLS Grid
• 2025-07-29 Listing Removed — MRED as Distributed by MLS Grid
• 2025-06-18 Listed — MRED as Distributed by MLS Grid