14807 Paulina St · Harvey, IL 60426

$113,000

3 bd · 1.0 ba · 840 sqft · SingleFamily public records · 281 Days on market

Built 1922 Est $109k · at est.

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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 +24.3/30.0
• Appreciation +10.0/10.0
• 1% rule +8.2/10.0
• DSCR +7.8/10.0
• ARV discount +5.9/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0

Listing remarks MLS

JUST FEELS LIKE HOME.. WELCOME TO THIS ELEGANT CAPE COD STYLE WITH 2 BEDROOMS 1 FULL BATH AND SIDE DRIVE. THE MAIN LEVEL HAS BEEN UPGRADED WITH NEW WHITE SHAKER KITCHEN CABINETS, GRANITE COUNTER TOPS AND BEAUTIFUL BACK-SPLASH. 2 GOOD SIZED BEDROOMS ALL WITH HARDWOOD FLOORS. STYLISH CERAMIC ON THE UPGRADED BATHROOM. DRIVEWAY THAT LEADS TO THE REAR PARKING SPACES. NEW PRIVACY FENCE. THE UNFINISHED BASEMENT IS WAITING FOR YOUR CREATIVE IDEAS. THE PROPERTY IS CLOSE TO SHOPPING AND MAJOR EXPRESSWAYS. MAKE YOUR APPOINTMENT TODAY

Key facts

• Near schools
• Renovated home
• Updated kitchen

Tags

• RENOVATED HOME
• SPACIOUS FULL BASEMENT
• UPDATED KITCHEN
• UPDATED BATHROOM
• NEAR SCHOOLS
• NEAR PARKS

Property features AI

Finance

• Other: Parcel number 29074130030000
• HOA & community: No master association fee required

Exterior

• Parking: Parking for 4 vehicles; Concrete parking surface
• Utilities: Water source: Lake Michigan; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership; Rehab completed in 2023; Home is over 100 years old; Vinyl siding
• Construction: Vinyl siding construction
• Exterior features: Lot under 0.25 acre; Property offers commuter bus and train access and nearby interstate access; School bus service available

Interior

• Kitchen: Main-level kitchen (approx. 11 x 15)
• Bedrooms: 2 bedrooms (both on the main level); Master bedroom on the main level
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Finished full basement; Total of 4 rooms
• Laundry & utility: Basement laundry room (approx. 7 x 5)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $113k.

Deal economics

• At list price, monthly cash flow is $36 ($428/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $113k).
• Recommended offer: $99k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#539 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A-; Watch: health & safety D+, schools F, crime 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; 1 comparable units currently listed for rent nearby; 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• In year one you build about $12k of equity ($781 loan paydown + $11k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 281 days — a 12% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $17k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price; flood insurance adds $192/mo; built in 1922 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,440 (12.0% below list)

Questions for the listing agent

1. It's been on market 281 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 1922 — 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. Crime grade is F 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?
9. 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.
10. 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.
11. 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: 1.32% ✓
• Cap rate: 8.72%
• Cash-on-cash: 8.65%
• DSCR: 1.38
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $109,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14727 Wood St	0.15mi	3/1.5	900 (+7%)	6mo	$60,000	$67	74
14911 Page Ave	0.15mi	3/1.5	923 (+10%)	2mo	$110,000	$119	73
15028 Lincoln Ave	0.41mi	3/1.0	836 (-0%)	10mo	$30,000	$36	72
14921 Lincoln Ave	0.30mi	3/1.0	900 (+7%)	6mo	$149,900	$167	70
14827 Marshfield Ave	0.08mi	3/1.5	923 (+10%)	10mo	$120,000	$130	69
42 E 149th St	0.27mi	3/1.0	900 (+7%)	11mo	$100,000	$111	66
15125 Marshfield Ave S	0.43mi	3/1.0	900 (+7%)	3mo	$127,500	$142	66
15133 S Honore Ave	0.48mi	3/1.0	900 (+7%)	0mo	$149,900	$167	65
15112 Vine Ave	0.43mi	3/1.0	912 (+9%)	7mo	$43,000	$47	60
14817 Lexington Ave	0.47mi	3/1.0	946 (+13%)	5mo	$110,000	$116	53
14630 Loomis Ave	0.40mi	2/1.0 (-1)	936 (+11%)	10mo	$127,000	$136	48
34 W 142nd St	0.69mi	3/1.0	960 (+14%)	9mo	$175,000	$182	36

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: 25.3%
• Equity multiple: 3.02×
• Total profit: $64,063
• Equity at exit: $101,799

10-year hold

• IRR: 22.4%
• Equity multiple: 6.92×
• Total profit: $187,357
• Equity at exit: $219,534

Cash invested: $31,640 (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: 6.3×

Monthly cashflow live

• Estimated rent: $1,495 medium
• Mortgage (P&I): −$593
• Tax from tax record: −$313 /mo · $3,759/yr
• Insurance: −$47
• Flood insurance flood zone: −$192 /mo · $2,309/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $36

Break-even live

Break-even rent $1,450

Max offer price $113,000

Occupancy floor 93%

Sensitivity live

Price	-10% $100	-5% $68	+0% $36	+5% $4	+10% $-28
Rent	-10% $-82	-5% $-23	+0% $36	+5% $95	+10% $154
Rate	-1.0pp $93	-0.5pp $64	base $36	+0.5pp $6	+1.0pp $-23

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: $28,250
• Closing costs: $3,390
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14629 Hoyne Ave Dixmoor, IL	3.0	1.0	920	$1,495	$1.62	25d	1	0.53mi

Listing history 37 events

1. 2026-06-18
   days on market $113,000 Active 281 DOM
2. 2026-06-17
   days on market $113,000 Active 280 DOM
3. 2026-06-16
   days on market $113,000 Active 279 DOM
4. 2026-06-15
   days on market $113,000 Active 278 DOM
5. 2026-06-13
   days on market $113,000 Active 276 DOM
6. 2026-06-13
   days on market $113,000 Active 275 DOM
7. 2026-06-09
   days on market $113,000 Active 272 DOM
8. 2026-06-08
   days on market $113,000 Active 271 DOM
9. 2026-06-07
   days on market $113,000 Active 270 DOM
10. 2026-06-04
    days on market $113,000 Active 267 DOM
11. 2026-06-03
    days on market $113,000 Active 266 DOM
12. 2026-06-02
    days on market $113,000 Active 265 DOM
13. 2026-06-01
    days on market $113,000 Active 264 DOM
14. 2026-05-31
    days on market $113,000 Active 263 DOM
15. 2026-04-17
    status Active
16. 2026-04-17
    price $113,000
17. 2026-01-21
    status Pending
18. 2025-12-28
    price $110,000
19. 2025-09-17
    price $120,000
20. 2025-08-11
    price $125,000
21. 2025-06-16
    listed $130,000 Active
22. 2023-07-21
    soldstatus $103,000
23. 2023-07-03
    soldstatus $103,000 Closed 529-char remark

    Show marketing remark (529 chars)

    JUST FEELS LIKE HOME.. WELCOME TO THIS ELEGANT CAPE COD STYLE WITH 2 BEDROOMS 1 FULL BATH AND SIDE DRIVE. THE MAIN LEVEL HAS BEEN UPGRADED WITH NEW WHITE SHAKER KITCHEN CABINETS, GRANITE COUNTER TOPS AND BEAUTIFUL BACK-SPLASH. 2 GOOD SIZED BEDROOMS ALL WITH HARDWOOD FLOORS. STYLISH CERAMIC ON THE UPGRADED BATHROOM. DRIVEWAY THAT LEADS TO THE REAR PARKING SPACES. NEW PRIVACY FENCE. THE UNFINISHED BASEMENT IS WAITING FOR YOUR CREATIVE IDEAS. THE PROPERTY IS CLOSE TO SHOPPING AND MAJOR EXPRESSWAYS. MAKE YOUR APPOINTMENT TODAY

24. 2023-06-19
    status Pending 529-char remark

    Show marketing remark (529 chars)

    JUST FEELS LIKE HOME.. WELCOME TO THIS ELEGANT CAPE COD STYLE WITH 2 BEDROOMS 1 FULL BATH AND SIDE DRIVE. THE MAIN LEVEL HAS BEEN UPGRADED WITH NEW WHITE SHAKER KITCHEN CABINETS, GRANITE COUNTER TOPS AND BEAUTIFUL BACK-SPLASH. 2 GOOD SIZED BEDROOMS ALL WITH HARDWOOD FLOORS. STYLISH CERAMIC ON THE UPGRADED BATHROOM. DRIVEWAY THAT LEADS TO THE REAR PARKING SPACES. NEW PRIVACY FENCE. THE UNFINISHED BASEMENT IS WAITING FOR YOUR CREATIVE IDEAS. THE PROPERTY IS CLOSE TO SHOPPING AND MAJOR EXPRESSWAYS. MAKE YOUR APPOINTMENT TODAY

25. 2023-06-13
    price $107,888 529-char remark

    Show marketing remark (529 chars)

    JUST FEELS LIKE HOME.. WELCOME TO THIS ELEGANT CAPE COD STYLE WITH 2 BEDROOMS 1 FULL BATH AND SIDE DRIVE. THE MAIN LEVEL HAS BEEN UPGRADED WITH NEW WHITE SHAKER KITCHEN CABINETS, GRANITE COUNTER TOPS AND BEAUTIFUL BACK-SPLASH. 2 GOOD SIZED BEDROOMS ALL WITH HARDWOOD FLOORS. STYLISH CERAMIC ON THE UPGRADED BATHROOM. DRIVEWAY THAT LEADS TO THE REAR PARKING SPACES. NEW PRIVACY FENCE. THE UNFINISHED BASEMENT IS WAITING FOR YOUR CREATIVE IDEAS. THE PROPERTY IS CLOSE TO SHOPPING AND MAJOR EXPRESSWAYS. MAKE YOUR APPOINTMENT TODAY

26. 2023-06-05
    price $108,900 529-char remark

    Show marketing remark (529 chars)

    JUST FEELS LIKE HOME.. WELCOME TO THIS ELEGANT CAPE COD STYLE WITH 2 BEDROOMS 1 FULL BATH AND SIDE DRIVE. THE MAIN LEVEL HAS BEEN UPGRADED WITH NEW WHITE SHAKER KITCHEN CABINETS, GRANITE COUNTER TOPS AND BEAUTIFUL BACK-SPLASH. 2 GOOD SIZED BEDROOMS ALL WITH HARDWOOD FLOORS. STYLISH CERAMIC ON THE UPGRADED BATHROOM. DRIVEWAY THAT LEADS TO THE REAR PARKING SPACES. NEW PRIVACY FENCE. THE UNFINISHED BASEMENT IS WAITING FOR YOUR CREATIVE IDEAS. THE PROPERTY IS CLOSE TO SHOPPING AND MAJOR EXPRESSWAYS. MAKE YOUR APPOINTMENT TODAY

27. 2023-05-25
    listed $109,900 Active 529-char remark

    Show marketing remark (529 chars)

    JUST FEELS LIKE HOME.. WELCOME TO THIS ELEGANT CAPE COD STYLE WITH 2 BEDROOMS 1 FULL BATH AND SIDE DRIVE. THE MAIN LEVEL HAS BEEN UPGRADED WITH NEW WHITE SHAKER KITCHEN CABINETS, GRANITE COUNTER TOPS AND BEAUTIFUL BACK-SPLASH. 2 GOOD SIZED BEDROOMS ALL WITH HARDWOOD FLOORS. STYLISH CERAMIC ON THE UPGRADED BATHROOM. DRIVEWAY THAT LEADS TO THE REAR PARKING SPACES. NEW PRIVACY FENCE. THE UNFINISHED BASEMENT IS WAITING FOR YOUR CREATIVE IDEAS. THE PROPERTY IS CLOSE TO SHOPPING AND MAJOR EXPRESSWAYS. MAKE YOUR APPOINTMENT TODAY

28. 2023-05-02
    status Pending
29. 2023-05-02
    historical
30. 2023-04-25
    price
31. 2023-04-06
    listed Active
32. 2023-04-04
    historical
33. 2023-03-28
    price
34. 2023-03-16
    listed Active
35. 2023-03-16
    historical
36. 2022-06-29
    historical
37. 2022-06-08
    listed Active

ⓘ 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: $3,759 · $313/mo
• Projected year-2 tax: $3,759 · $313/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 6/10 Major FEMA zone AH · 71% 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
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,940
• − Mortgage interest: −$6,330
• − Property taxes: −$3,759
• − Insurance: −$2,874
• − Repairs & maintenance: −$1,435
• − Management: −$1,435
• − Depreciation: −$3,287
• Taxable loss: −$1,181
• Est. tax savings @ 24.0%: +$283
• After-tax cash flow: $712/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 — Harvey

• Score: 67/100
• State rank: #539
• US rank: #11162

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harvey, IL
• City population: 23,066
• 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

+2.8% since first listed

23 events — show timeline

• 2026-04-17 Relisted — MRED as Distributed by MLS Grid
• 2026-04-17 Price Changed $113,000 MRED as Distributed by MLS Grid
• 2026-01-21 Pending — MRED as Distributed by MLS Grid
• 2025-12-28 Price Changed $110,000 MRED as Distributed by MLS Grid
• 2025-09-17 Price Changed $120,000 MRED as Distributed by MLS Grid
• 2025-08-11 Price Changed $125,000 MRED as Distributed by MLS Grid
• 2025-06-16 Listed $130,000 MRED as Distributed by MLS Grid
• 2023-07-21 Sold (Public Records) $103,000 Public Records
• 2023-07-03 Sold (MLS) $103,000 MRED as Distributed by MLS Grid
• 2023-06-19 Pending — MRED as Distributed by MLS Grid
• 2023-06-13 Price Changed $107,888 MRED as Distributed by MLS Grid
• 2023-06-05 Price Changed $108,900 MRED as Distributed by MLS Grid
• 2023-05-25 Listed $109,900 MRED as Distributed by MLS Grid
• 2023-05-02 Pending — MRED as Distributed by MLS Grid
• 2023-05-02 Listing Removed — MRED as Distributed by MLS Grid
• 2023-04-25 Price Changed — MRED as Distributed by MLS Grid
• 2023-04-06 Listed — MRED as Distributed by MLS Grid
• 2023-04-04 Listing Removed — MRED as Distributed by MLS Grid
• 2023-03-28 Price Changed — MRED as Distributed by MLS Grid
• 2023-03-16 Listing Removed — MRED as Distributed by MLS Grid
• 2023-03-16 Listed — MRED as Distributed by MLS Grid
• 2022-06-29 Listing Removed — MRED as Distributed by MLS Grid
• 2022-06-08 Listed — MRED as Distributed by MLS Grid

Property tax history

+0.5%/yr

Latest (2023): $3,759 · +5.1% YoY. Source: county tax records.