1410 Porter St St · Ottawa, IL 61350

$114,612

3 bd · 1.0 ba · 1,104 sqft · SingleFamily public records

Built 1927 6,970 sqft lot Est $132k · 13% under

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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
• ARV discount +13.6/15.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Livability +3.9/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

Key facts

• 6,970 sq ft lot
• 2 garage spots
• Built 1927

Property features AI

Finance

• Other: Lot dimensions approximately 41 x 167 (less than 0.25 acre)
• HOA & community: No master association fee required; Community features include park, pool, tennis courts

Exterior

• Parking: Detached garage owned (garage listed); Gravel parking; Approximately 2.5 garage/parking spaces
• Utilities: Public water; Public sewer; Electric with circuit breakers
• Home design: Detached single-family home; One-story; Fee simple ownership; Built before 1978 (property age 91-100 years); School bus service and interstate access
• Construction: Vinyl siding exterior; Asphalt roof; Block and concrete perimeter foundation
• Exterior features: Deck; Fenced yard; Street paved with curbs and street lights; Nearby park, pool and tennis courts

Interior

• Kitchen: Kitchen with eating area/table space; Kitchen and dining combined
• Bedrooms: 3 bedrooms (all on the main level); Master bedroom on the main level
• Flooring: Laminate flooring in living room, kitchen, dining and 20 x 9 enclosed heated porch; Hardwood flooring in two bedrooms (11 x 10 each); Carpet in master bedroom
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: First-floor bedroom; First-floor full bath; French doors; Sump pump; 7 total rooms; Unfinished full basement
• Laundry & utility: Main-level laundry in a laundry closet, in-unit

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $483 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Cap rate 11.4% vs local median 3.1% in Ottawa — 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 77/100 on livability (#172 in IL, #3,175 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: employment C-, amenities D, commute F.
• Ottawa Twp Hsd 140 (town): math 25% / reading 30% proficiency, ranked #545 of 919 in IL (top 59%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Ottawa Township High School (math 17% / reading 27%, grade F, #319 of 693 statewide, top 50%, 1,261 students, 0% FRL).
• Market conditions: 205 active listings in the ZIP; solid renter incomes; 82 units permitted in LaSalle County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $792 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• LaSalle County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 13y 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 $45k; list at $115k implies a 155% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,612

Questions for the listing agent

1. Built in 1927 — 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 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?
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: 1.48% ✓
• Cap rate: 11.35%
• Cash-on-cash: 18.06%
• DSCR: 1.80
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $132,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
607 E Joliet St	0.05mi	3/1.5	1,200 (+9%)	3mo	$144,000	$120	79
816 E Joliet St	0.11mi	3/1.0	1,104 (0%)	22mo	$115,000	$104	76
618 E Joliet St	0.07mi	3/1.5	1,160 (+5%)	20mo	$171,000	$147	70
565 E Norris Dr	0.13mi	3/2.0	1,253 (+14%)	2mo	$175,000	$140	66
1913 Columbus St	0.61mi	3/1.0	1,164 (+5%)	8mo	$130,000	$112	56
2102 Franklin Ave	0.57mi	3/1.0	1,200 (+9%)	8mo	$178,000	$148	52
1900 Post St	0.47mi	3/1.0	1,050 (-5%)	22mo	$125,000	$119	51
2103 Franklin Ave	0.58mi	2/1.0 (-1)	1,008 (-9%)	3mo	$70,100	$70	51
1517 Lasalle St	0.59mi	3/1.0	1,230 (+11%)	3mo	$150,000	$122	51
306 Prairie St	0.49mi	4/2.0 (+1)	1,048 (-5%)	10mo	$190,000	$181	51
321 E Washington St	0.40mi	2/1.0 (-1)	954 (-14%)	7mo	$108,000	$113	48
708 Congress St	0.54mi	2/1.0 (-1)	956 (-13%)	15mo	$107,000	$112	35

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.7%
• Equity multiple: 1.38×
• Total profit: $12,260
• Equity at exit: $17,089

10-year hold

• IRR: 18.9%
• Equity multiple: 2.58×
• Total profit: $50,554
• Equity at exit: $9,910

Cash invested: $32,091 (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 61350

• Home prices YoY: -31.5%
• Active inventory: 205
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,693 medium
• Mortgage (P&I): −$601
• Tax from tax record: −$205 /mo · $2,464/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $483

Break-even live

Break-even rent $1,081

Max offer price $114,612

Occupancy floor 66%

Sensitivity live

Price	-10% $548	-5% $516	+0% $483	+5% $451	+10% $418
Rent	-10% $349	-5% $416	+0% $483	+5% $550	+10% $617
Rate	-1.0pp $541	-0.5pp $512	base $483	+0.5pp $453	+1.0pp $423

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: $28,653
• Closing costs: $3,438
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-18
   statusdays on marketlisting id $114,612 Pending
2. 2026-06-18
   days on market $114,612 Contingent - Continue to Show 42 DOM
3. 2026-06-17
   days on market $114,612 Contingent - Continue to Show 41 DOM
4. 2026-06-16
   days on market $114,612 Contingent - Continue to Show 40 DOM
5. 2026-06-15
   days on market $114,612 Contingent - Continue to Show 39 DOM
6. 2026-06-14
   days on market $114,612 Contingent - Continue to Show 37 DOM
7. 2026-06-12
   days on market $114,612 Contingent - Continue to Show 36 DOM
8. 2026-06-09
   days on market $114,612 Contingent - Continue to Show 33 DOM
9. 2026-06-08
   days on market $114,612 Contingent - Continue to Show 32 DOM
10. 2026-06-07
    days on market $114,612 Contingent - Continue to Show 31 DOM
11. 2026-06-05
    days on market $114,612 Contingent - Continue to Show 28 DOM
12. 2026-06-02
    days on market $114,612 Contingent - Continue to Show 26 DOM
13. 2026-06-01
    days on market $114,612 Contingent - Continue to Show 25 DOM
14. 2026-05-31
    days on market $114,612 Contingent - Continue to Show 24 DOM
15. 2026-05-30
    days on market $114,612 Contingent - Continue to Show 23 DOM
16. 2026-05-15
    historical Contingent - Continue to Show
17. 2026-05-14
    status Active
18. 2026-05-10
    historical Contingent - Continue to Show
19. 2026-05-05
    listed $114,612 Active
20. 2025-12-12
    soldstatus $45,000
21. 2014-04-28
    soldstatus $38,000 Closed Sale 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

22. 2014-04-21
    status Pending 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

23. 2014-04-18
    status Reactivated 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

24. 2014-03-17
    historical Contingent 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

25. 2014-02-04
    price $45,000 Price Change 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

26. 2013-11-12
    price $54,900 Price Change 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

27. 2013-02-06
    listed $60,000 New 256-char remark

    Show marketing remark (256 chars)

    North side 3 bedroom 1 bath 1 story home. Convenient access to shopping and easy access to I-80,etc. 8x20 enclosed front port, Living room, spacious Kitchen with dining area. 1st floor laundry. Partial basement. Extra deep lot with detached 2.5 car garage.

ⓘ 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: $2,464 · $205/mo
• Projected year-2 tax: $2,533 · $211/mo
• Expected delta: +$69/yr (+$6/mo · 2.8%)

ⓘ 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) · 74% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,312
• − Mortgage interest: −$6,420
• − Property taxes: −$2,464
• − Insurance: −$573
• − Repairs & maintenance: −$1,625
• − Management: −$1,625
• − Depreciation: −$3,334
• Taxable income: $4,271
• Est. tax owed @ 24.0%: −$1,025
• After-tax cash flow: $4,772/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: Ottawa Twp Hsd 140
• NCES district ID: 1730330
• Math proficiency: 25% ▼ -3.00%
• Reading proficiency: 30% ▼ -4.00%
• Median HH income: $47,828
• Composite: 26.85/100
• National rank: #12528
• State rank: #545 of 919 in IL

Livability — Ottawa

• Score: 77/100
• State rank: #172
• US rank: #3175

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ottawa, IL
• County: La Salle County · 41,676 people
• City population: 23,713
• Metro: Ottawa, IL
• Population (ZIP): 23,713
• Household income: $77,921
• Rent vs Own: 25.9% rent · 74.1% own
• Severe rent burden: 628.0

Population outlook (LaSalle County) Hauer SSP2

• Today (2025): 107,080 people
• By 2030: 104,196 · -2.7%
• By 2040: 97,413 · -9.0%
• By 2050: 90,294 · -15.7%
• By 2075: 76,252 · -28.8%
• By 2100: 61,339 · -42.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 9% Two or more races 4% Black 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 6% Portuguese 5% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · LaSalle

• 2024 margin: R (+18.5) · D 40.1% · R 58.6% · Other 1.3%
• 2008→2024 swing: -29.6pp toward R · 2008: 11.1pp · 2024: -18.5pp
• All cycles: 2024: R+18.5 2020: R+14.3 2016: R+14.4 2012: R+0.4 2008: D+11.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.46%
• Current HPI: 183.6833
• Rent YoY: —
• Metro: Ottawa, IL
• 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

+91.0% since first listed

12 events — show timeline

• 2026-05-15 Contingent — MRED as Distributed by MLS Grid
• 2026-05-14 Relisted — MRED as Distributed by MLS Grid
• 2026-05-10 Contingent — MRED as Distributed by MLS Grid
• 2026-05-05 Listed $114,612 MRED as Distributed by MLS Grid
• 2025-12-12 Sold (Public Records) $45,000 Public Records
• 2014-04-28 Sold (MLS) $38,000 MRED as Distributed by MLS Grid
• 2014-04-21 Pending — MRED as Distributed by MLS Grid
• 2014-04-18 Relisted — MRED as Distributed by MLS Grid
• 2014-03-17 Contingent — MRED as Distributed by MLS Grid
• 2014-02-04 Price Changed $45,000 MRED as Distributed by MLS Grid
• 2013-11-12 Price Changed $54,900 MRED as Distributed by MLS Grid
• 2013-02-06 Listed $60,000 MRED as Distributed by MLS Grid

Property tax history

+5.7%/yr

Latest (2024): $2,464 · +12.6% YoY. Source: county tax records.