1021 Wentworth Ave · Calumet City, IL 60409

$189,900

3 bd · 1.5 ba · 1,585 sqft · SingleFamily public records · 3 Days on market

Built 1951 3,750 sqft lot Est $181k · 5% over

---

Why this score? — see what drove the F 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 +8.1/30.0
• 1% rule +5.6/10.0
• ARV discount +5.2/15.0
• Rent growth +4.0/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

BEAUTIFUL RANCH HOME! 3 BEDS ~ 2 BATHS~ HEATED FLOORS ~ ATTACHED 2 CAR GARAGE ~ HIGH CEILING BEAMED FAMILY ROOM ~ FIREPLACE ~ IN UNIT WASHER AND DRYER HOOK UP ~ NEW FLOORING ~ ON A QUIET BLOCK. SCHEDULE YOUR SHOWING TODAY!!

Key facts

• Updated flooring
• Single-level living
• Corner lot

Tags

• CORNER LOT
• SPACIOUS FAMILY ROOM
• VAULTED BEAMED CEILINGS
• FIREPLACE
• UPDATED FLOORING
• SINGLE-LEVEL LIVING

Property features AI

Finance

• Other: Living area source: assessor; Some photos are virtually staged
• HOA & community: No master association fee required

Exterior

• Parking: Attached garage (owned) with space for 2 cars; Additional driveway parking for a total of 4 parking spaces; Concrete driveway
• Utilities: Water supplied by Lake Michigan and public system; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership; Built before 1978 (approximately 71–80 years old); Brick construction
• Construction: Brick exterior; Shallow age range: 71–80 years; Not rebuilt or rehabilitated
• Exterior features: Lot dimensions approximately 30 x 125; Lot smaller than 0.25 acre; Corner lot location (implied by directions)

Interior

• Kitchen: Kitchen on the main level with wood laminate flooring
• Bedrooms: Three bedrooms (all on the main level) — master bedroom on the main level
• Flooring: Laminate flooring; Carpet; Wood laminate in living areas and kitchen; Ceramic tile in family room
• Bathrooms: One full bath; One half bath
• Heating & cooling: Electric heating with radiant and radiant floor components; Wall-mounted cooling units
• Interior features: Beamed ceilings; Seven total rooms; Wood-burning fireplace in the living room
• Laundry & utility: Main-level laundry located in the kitchen with electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $-183 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $166k (12.6% below list).
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $166k (12.6% below list) — sets the bar for cash-flow.
• Cap rate 5.1% vs local median 8.2% in Calumet City — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 71/100 on livability (#330 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools F, crime D-.
• Thornton Fractional Twp Hsd 215 (suburban): math 9% / reading 13% proficiency, ranked #563 of 620 in IL (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+6.2%/yr); 198 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• This rent runs 43% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 14y 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 $140k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 4.4% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $165,922 (12.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 1.06% ✓
• Cap rate: 5.14%
• Cash-on-cash: -4.13%
• DSCR: 0.82
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $180,690
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
131 Detroit St	0.09mi	2/1.5 (-1)	1,527 (-4%)	2mo	$175,000	$115	82
106 Elizabeth St	0.10mi	3/1.5	1,507 (-5%)	7mo	$172,250	$114	81
122 Elizabeth St	0.08mi	3/1.0	1,686 (+6%)	5mo	$164,000	$97	80
37 Waltham St	0.16mi	4/2.0 (+1)	1,559 (-2%)	11mo	$239,000	$153	74
106 Forestdale Pkwy	0.14mi	4/3.0 (+1)	1,519 (-4%)	6mo	$126,500	$83	70
42 Detroit St	0.33mi	3/1.5	1,724 (+9%)	2mo	$103,000	$60	68
207 156th Pl	0.46mi	4/2.5 (+1)	1,625 (+2%)	3mo	$200,000	$123	63
4 Warren St	0.36mi	4/1.0 (+1)	1,775 (+12%)	7mo	$145,000	$82	50
425 Webb St	0.48mi	3/1.0	1,400 (-12%)	12mo	$175,000	$125	46
1234 Price Ave	0.52mi	4/2.0 (+1)	1,746 (+10%)	12mo	$219,900	$126	42
802 State Line Rd	0.49mi	4/3.0 (+1)	1,400 (-12%)	9mo	$85,000	$61	39
1304 Price Ave	0.65mi	2/2.0 (-1)	1,800 (+14%)	10mo	$85,000	$47	32

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 · 6.17% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.33×
• Total profit: $-35,530
• Equity at exit: $28,315

10-year hold

• IRR: -3.8%
• Equity multiple: 0.70×
• Total profit: $-15,814
• Equity at exit: $16,419

Cash invested: $53,172 (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 60409

• Home prices YoY: -27.6%
• Rents YoY: 6.2%
• Active inventory: 198
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,004 high
• Mortgage (P&I): −$996
• Tax from tax record: −$691 /mo · $8,296/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$421
• Net cashflow: $-183

Break-even live

Break-even rent $2,236

Max offer price $165,922

Occupancy floor —

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
34 Elizabeth St Calumet City, IL	3.0	1.0	1246	$2,400	$1.93	1d	1	0.18mi
3 Waltham St Hammond, IN	3.0	1.0	1200	$1,095	$0.91	25d	1	0.30mi
1312 Gordon Ave Calumet City, IL	2.0	1.0	1134	$1,600	$1.41	7d	1	0.59mi
1539 Wentworth Ave Unit 3W Calumet City, IL	3.0	1.0	1100	$1,700	$1.55	12d	1	1.05mi
617 Kane St Hammond, IN	4.0	2.0	2146	$2,300	$1.07	1d	1	1.19mi
252 Lawndale St Hammond, IN	4.0	3.0	2016	$2,600	$1.29	2d	1	1.28mi

Listing history 4 events

1. 2026-06-18
   days on market $189,900 Active 3 DOM
2. 2026-06-17
   days on market $189,900 Active 2 DOM
3. 2026-06-16
   remarks 699-char remark
4. 2026-06-16
   listed $189,900 Active 1 DOM

ⓘ 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: $8,296 · $691/mo
• Projected year-2 tax: $8,296 · $691/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,049
• − Mortgage interest: −$10,637
• − Property taxes: −$8,296
• − Insurance: −$950
• − Repairs & maintenance: −$1,924
• − Management: −$1,924
• − Depreciation: −$5,524
• Taxable loss: −$5,206
• Est. tax savings @ 24.0%: +$1,249
• After-tax cash flow: $-948/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 Fractional Twp Hsd 215
• NCES district ID: 1738940
• Math proficiency: 9% ▼ -3.00%
• Reading proficiency: 13% ▼ -3.00%
• Median HH income: $48,207
• Composite: 10.27/100
• National rank: #9793
• State rank: #563 of 620 in IL

Livability — Calumet City

• Score: 71/100
• State rank: #330
• US rank: #6552

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Calumet City, IL
• County: Cook County · 4,486,803 people
• City population: 35,100
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 35,100
• Household income: $55,369
• Rent vs Own: 44.3% rent · 55.7% own
• Severe rent burden: 2415.0

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 (74%)
• Race & ethnicity: Black 74% Hispanic / Latino 15% White 7% Two or more races 4%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Romanian 2%
• Foreign-born: 9% · Canada
• Languages at home: 83% English-only · Spanish 14%

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: ▼ -75.01%
• Current HPI: 197.2137
• Rent YoY: ▲ 6.17%
• 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

+341.6% since first listed

34 events — show timeline

• 2026-06-16 Listed $189,900 MRED as Distributed by MLS Grid
• 2026-06-12 Listing Removed — MRED as Distributed by MLS Grid
• 2023-11-09 Sold (Public Records) $140,000 Public Records
• 2023-11-03 Sold (MLS) $140,000 MRED as Distributed by MLS Grid
• 2023-09-10 Contingent — MRED as Distributed by MLS Grid
• 2023-08-29 Listed $139,900 MRED as Distributed by MLS Grid
• 2023-03-15 Listing Removed — MRED as Distributed by MLS Grid
• 2023-03-01 Listed — MRED as Distributed by MLS Grid
• 2023-01-09 Listing Removed — MRED as Distributed by MLS Grid
• 2022-11-01 Listed — MRED as Distributed by MLS Grid
• 2022-09-28 Contingent — MRED as Distributed by MLS Grid
• 2022-09-28 Listing Removed — MRED as Distributed by MLS Grid
• 2022-09-01 Listed — MRED as Distributed by MLS Grid
• 2022-08-02 Contingent — MRED as Distributed by MLS Grid
• 2022-08-01 Listing Removed — MRED as Distributed by MLS Grid
• 2022-07-18 Listed — MRED as Distributed by MLS Grid
• 2022-03-05 Listing Removed — MRED as Distributed by MLS Grid
• 2022-02-28 Price Changed — MRED as Distributed by MLS Grid
• 2022-02-26 Listed — MRED as Distributed by MLS Grid
• 2016-08-12 Sold (Public Records) $82,500 Public Records
• 2012-12-11 Sold (MLS) $22,001 MRED as Distributed by MLS Grid
• 2012-11-06 Pending — MRED as Distributed by MLS Grid
• 2012-11-03 Relisted — MRED as Distributed by MLS Grid
• 2012-10-29 Pending — MRED as Distributed by MLS Grid
• 2012-10-25 Relisted — MRED as Distributed by MLS Grid
• 2012-10-18 Pending — MRED as Distributed by MLS Grid
• 2012-10-12 Relisted — MRED as Distributed by MLS Grid
• 2012-10-02 Pending — MRED as Distributed by MLS Grid
• 2012-09-26 Relisted — MRED as Distributed by MLS Grid
• 2012-09-20 Pending — MRED as Distributed by MLS Grid
• 2012-09-08 Listed $22,000 MRED as Distributed by MLS Grid
• 2002-05-31 Sold (Public Records) $118,000 Public Records
• 1983-12-01 Sold (Public Records) $56,500 Public Records
• 1978-07-27 Sold (Public Records) $43,000 Public Records

Property tax history

+5.1%/yr

Latest (2023): $8,296 · +52.2% YoY. Source: county tax records.