335 Coventry Ct · Clarendon Hills, IL 60514

$249,900

2 bd · 1.0 ba · 1,044 sqft · Condo public records · 37 Days on market

Built 1982

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Why this score? — see what drove the C 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 +20.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• Schools +6.0/10.0
• 1% rule +5.8/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful and well-maintained 2-bedroom, 1-bath condo in a quiet, established community in Clarendon Hills. This bright and spacious unit features an open living area with a cozy fireplace, large windows for natural light, and a functional layout. Enjoy a private balcony, attached garage, and convenient access to shopping, dining, and major highways.

Key facts

• Attached garage
• Private balcony
• Convenient access

Tags

• PRIVATE BALCONY
• ATTACHED GARAGE
• CONVENIENT ACCESS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $242k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 0.7% in Clarendon Hills — 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 83/100 on livability (#48 in IL, #978 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, commute A+; Watch: health & safety C-, amenities F, cost of living F.
• Hinsdale Twp Hsd 86 (suburban): math 62% / reading 64% proficiency, ranked #17 of 620 in IL (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 27 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,378 units permitted in DuPage County in 2024 (594 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $121k; list at $250k implies a 107% gain — meaningful room to come down on a strong offer.

Recommended offer $242,403 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.08% ✓
• Cap rate: 7.88%
• Cash-on-cash: 5.68%
• DSCR: 1.25
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -7.5%
• Equity multiple: 0.72×
• Total profit: $-19,302
• Equity at exit: $37,261

10-year hold

• IRR: 2.1%
• Equity multiple: 1.15×
• Total profit: $10,715
• Equity at exit: $21,607

Cash invested: $69,972 (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 60514

• Active inventory: 27
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,695 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$383 /mo · $4,598/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$566
• Net cashflow: $331

Break-even live

Break-even rent $2,276

Max offer price $249,900

Occupancy floor 83%

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16W780 57th St Unit A Clarendon Hills, IL	3.0	1.5	1200	$2,400	$2.00	12d	1	0.40mi
16W651 56th St Unit 1 Clarendon Hills, IL	3.0	1.5	1400	$2,600	$1.86	4d	1	0.52mi
229 Park Ave Clarendon Hills, IL	1.0–2.0	1.0–3.0	1111	$3,875	$3.49	3d	8	0.65mi
15 W 56th St Westmont, IL	3.0	1.5	1152	$2,850	$2.47	17d	1	0.74mi
143 Ann St Unit 3N Clarendon Hills, IL	2.0	1.0	750	$2,800	$3.73	24d	1	0.75mi
21 58th St Clarendon Hills, IL	1.0–2.0	1.0–2.0	900	$1,935	$2.15	2d	2	0.81mi
1 W Quincy St Westmont, IL	2.0	1.0–2.0	826	$3,294	$3.99	1d	6	0.85mi
6060 Laurel Ln Willowbrook, IL	1.0–2.0	1.0–2.0	820	$2,625	$3.20	1d	58	0.94mi
26 W Burlington Ave Unit 1026690P Westmont, IL	2.0	1.0	893	$4,143	$4.64	1d	1	0.96mi
30 W Burlington Ave Unit 1026700P Westmont, IL	2.0	1.0	990	$4,112	$4.15	5d	1	0.97mi
1 Fountainhead Dr Westmont, IL	1.0–2.0	1.0–1.5	950	$2,080	$2.19	1d	18	1.03mi
6340 Americana Dr #817 Willowbrook, IL	3.0	2.0	1350	$2,500	$1.85	12d	1	1.18mi
6340 Americana Dr Willowbrook, IL	1.0–3.0	1.0–2.0	1060	$2,150	$2.03	5d	2	1.23mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 20 events

1. 2026-06-18
   days on market $249,900 Active 37 DOM
2. 2026-06-17
   days on market $249,900 Active 36 DOM
3. 2026-06-16
   days on market $249,900 Active 35 DOM
4. 2026-06-15
   days on market $249,900 Active 34 DOM
5. 2026-06-13
   days on market $249,900 Active 32 DOM
6. 2026-06-13
   days on market $249,900 Active 31 DOM
7. 2026-06-09
   days on market $249,900 Active 28 DOM
8. 2026-06-08
   days on market $249,900 Active 27 DOM
9. 2026-06-07
   days on market $249,900 Active 26 DOM
10. 2026-06-04
    days on market $249,900 Active 23 DOM
11. 2026-06-03
    days on market $249,900 Active 22 DOM
12. 2026-06-02
    days on market $249,900 Active 21 DOM
13. 2026-06-01
    days on market $249,900 Active 20 DOM
14. 2026-05-31
    days on market $249,900 Active 19 DOM
15. 2026-05-12
    listed $249,900 Active
16. 2000-04-19
    soldstatus $121,000
17. 1998-08-13
    soldstatus $118,000
18. 1996-05-16
    soldstatus $110,000
19. 1992-07-08
    soldstatus $100,000
20. 1989-03-28
    soldstatus $84,000

ⓘ 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: $4,598 · $383/mo
• Projected year-2 tax: $5,136 · $428/mo
• Expected delta: +$537/yr (+$45/mo · 11.7%)

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

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 ≥103°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,343
• − Mortgage interest: −$13,998
• − Property taxes: −$4,598
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,587
• − Management: −$2,587
• − Depreciation: −$7,270
• Taxable income: $52
• Est. tax owed @ 24.0%: −$13
• After-tax cash flow: $3,965/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: Hinsdale Twp Hsd 86
• NCES district ID: 1719320
• Math proficiency: 62% ▼ -5.00%
• Reading proficiency: 64% ▬ 0.00%
• Median HH income: $118,692
• Composite: 60.13/100
• National rank: #868
• State rank: #17 of 620 in IL

Livability — Clarendon Hills

• Score: 83/100
• State rank: #48
• US rank: #978

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clarendon Hills, IL
• County: DuPage County · 904,569 people
• City population: 9,918
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 9,918
• Household income: $118,716
• Rent vs Own: 22.3% rent · 77.7% own
• Severe rent burden: 248.0

Population outlook (DuPage County) Hauer SSP2

• Today (2025): 960,187 people
• By 2030: 965,850 · +0.6%
• By 2040: 965,812 · +0.6%
• By 2050: 954,890 · -0.6%
• By 2075: 910,185 · -5.2%
• By 2100: 816,255 · -15.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Asian 12% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Romanian 8% Italian 4% Slovak 3%
• Foreign-born: 13% · China, Canada
• Languages at home: 83% English-only · Other Indo-European 9% Russian/Polish/Slavic 2% Spanish 2%

Political lean MEDSL · DuPage

• 2024 margin: D (+13.3) · D 55.9% · R 42.5% · Other 1.6%
• 2008→2024 swing: +2.5pp toward D · 2008: 10.8pp · 2024: 13.3pp
• All cycles: 2024: D+13.3 2020: D+18.1 2016: D+14.1 2012: D+1.0 2008: D+10.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -330.36%
• Current HPI: 207.7712
• Rent YoY: —
• 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

+197.5% since first listed

6 events — show timeline

• 2026-05-12 Listed $249,900 FSBO.com
• 2000-04-19 Sold (Public Records) $121,000 Public Records
• 1998-08-13 Sold (Public Records) $118,000 Public Records
• 1996-05-16 Sold (Public Records) $110,000 Public Records
• 1992-07-08 Sold (Public Records) $100,000 Public Records
• 1989-03-28 Sold (Public Records) $84,000 Public Records

Property tax history

+3.3%/yr

Latest (2024): $4,598 · +5.4% YoY. Source: county tax records.