943 N Crest Ct · Byron, IL 61010

$169,900

3 bd · 1.5 ba · 1,248 sqft · SingleFamily public records · 6 Days on market

Built 1977 6,970 sqft lot Est $170k · at est.

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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 +22.9/30.0
• ARV discount +7.5/15.0
• DSCR +7.4/10.0
• 1% rule +6.4/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Byron Home on a Corner Lot! Located in the heart of Byron, this 3 bedroom, 1.5 bath home offers a convenient in town location close to schools, the river, and local parks. Situated on a desirable corner lot, the property features a 2 car garage and plenty of storage throughout. The kitchen includes two pantries, a breakfast bar, refrigerator, electric stove, and microwave. A main floor bedroom offers flexibility for guests, a home office, or convenient single level living, while two additional bedrooms are located upstairs. You'll also appreciate the large upstairs storage closet. Additional features include a washer and electric dryer that stay with the home, a laundry sink, updated 200 amp electrical service, and a commercial grade 50 gallon electric water heater. The garage includes an opener plus a newer service door. This property is being sold as-is, offering a great opportunity for buyers to add their personal touches and build equity in a desirable Byron location. Don't miss your chance to own this well located home with great potential!

Key facts

• In town location
• Two pantries
• Corner lot

Tags

• CORNER LOT
• IN TOWN LOCATION
• TWO PANTRIES
• BREAKFAST BAR
• LARGE UPSTAIRS STORAGE CLOSET
• NEWER SERVICE DOOR

Property features AI

Exterior

• Parking: Attached 2-car garage; Asphalt driveway
• Utilities: Public water; Public sewer
• Home design: Single-family residence; House with 2 stories
• Exterior features: Shingle roof; Lot approximately 0.16 acres

Interior

• Kitchen: Electric cooktop; Microwave; Refrigerator
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Full basement
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $299 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).

Location & tenants

• Location reads 81/100 on livability (#100 in IL, #1,602 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Byron CUSD 226 (town): math 45% / reading 50% proficiency, ranked #68 of 620 in IL (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 17% free/reduced lunch — higher-income household profile.
• Zoned schools: Byron Middle School (math 38% / reading 57%, grade C-, #69 of 665 statewide, top 11%, 350 students, 0% FRL); Byron High School 9-12 (math 32% / reading 42%, grade F, #107 of 693 statewide, top 17%, 457 students, 0% FRL) — zoned schools average 0% FRL vs 17% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 27 active listings in the ZIP; 113 units permitted in Ogle County in 2024 (67 in 5+ unit buildings).

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.
• Ogle County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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.

Recommended offer $169,900

Questions for the listing agent

1. Built in 1977 — 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 B-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?
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: 1.14% ✓
• Cap rate: 8.41%
• Cash-on-cash: 7.55%
• DSCR: 1.34
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $169,728
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
211 S Lafayette St	0.36mi	4/2.0 (+1)	1,275 (+2%)	7mo	$103,000	$81	67
216 S Washington St	0.47mi	2/1.0 (-1)	1,186 (-5%)	1mo	$167,000	$141	62
216 S Washington St	0.47mi	2/1.0 (-1)	1,186 (-5%)	1mo	$167,000	$141	62
332 N Franklin St	0.50mi	3/1.5	1,372 (+10%)	8mo	$186,560	$136	53
503 W 2nd St	0.38mi	2/1.0 (-1)	1,074 (-14%)	5mo	$153,500	$143	48
115 W Merchant St	0.58mi	3/1.5	1,134 (-9%)	18mo	$116,500	$103	43
304 N Union St	0.67mi	3/1.0	1,200 (-4%)	23mo	$116,000	$97	41

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: -4.7%
• Equity multiple: 0.82×
• Total profit: $-8,403
• Equity at exit: $25,333

10-year hold

• IRR: 5.0%
• Equity multiple: 1.37×
• Total profit: $17,497
• 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 61010

• Home prices YoY: -27.8%
• Active inventory: 27
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,942 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$273 /mo · $3,275/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $299

Break-even live

Break-even rent $1,563

Max offer price $169,900

Occupancy floor 80%

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: —

Listing history 6 events

1. 2026-06-16
   status $169,900 Pending 6 DOM
2. 2026-06-15
   days on market $169,900 Active 6 DOM
3. 2026-06-13
   days on market $169,900 Active 4 DOM
4. 2026-06-12
   days on market $169,900 Active 3 DOM
5. 2026-06-09
   remarks 693-char remark

   Show marketing remark (1070 chars)

   Charming Byron Home on a Corner Lot! Located in the heart of Byron, this 3 bedroom, 1.5 bath home offers a convenient in town location close to schools, the river, and local parks. Situated on a desirable corner lot, the property features a 2 car garage and plenty of storage throughout. The kitchen includes two pantries, a breakfast bar, refrigerator, electric stove, and microwave. A main floor bedroom offers flexibility for guests, a home office, or convenient single level living, while two additional bedrooms are located upstairs. You'll also appreciate the large upstairs storage closet. Additional features include a washer and electric dryer that stay with the home, a laundry sink, updated 200 amp electrical service, and a commercial grade 50 gallon electric water heater. The garage includes an opener plus a newer service door. This property is being sold as-is, offering a great opportunity for buyers to add their personal touches and build equity in a desirable Byron location. Don't miss your chance to own this well located home with great potential!

6. 2026-06-09
   listed $169,900 Active 1 DOM

   Show marketing remark (1070 chars)

   Charming Byron Home on a Corner Lot! Located in the heart of Byron, this 3 bedroom, 1.5 bath home offers a convenient in town location close to schools, the river, and local parks. Situated on a desirable corner lot, the property features a 2 car garage and plenty of storage throughout. The kitchen includes two pantries, a breakfast bar, refrigerator, electric stove, and microwave. A main floor bedroom offers flexibility for guests, a home office, or convenient single level living, while two additional bedrooms are located upstairs. You'll also appreciate the large upstairs storage closet. Additional features include a washer and electric dryer that stay with the home, a laundry sink, updated 200 amp electrical service, and a commercial grade 50 gallon electric water heater. The garage includes an opener plus a newer service door. This property is being sold as-is, offering a great opportunity for buyers to add their personal touches and build equity in a desirable Byron location. Don't miss your chance to own this well located home with great potential!

ⓘ 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: $3,275 · $273/mo
• Projected year-2 tax: $3,566 · $297/mo
• Expected delta: +$291/yr (+$24/mo · 8.9%)

ⓘ 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
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,301
• − Mortgage interest: −$9,517
• − Property taxes: −$3,275
• − Insurance: −$850
• − Repairs & maintenance: −$1,864
• − Management: −$1,864
• − Depreciation: −$4,943
• Taxable income: $988
• Est. tax owed @ 24.0%: −$237
• After-tax cash flow: $3,354/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: Byron CUSD 226
• NCES district ID: 1708010
• Math proficiency: 45% ▼ -12.00%
• Reading proficiency: 50% ▼ -11.00%
• Median HH income: $66,582
• Composite: 42.28/100
• National rank: #3267
• State rank: #68 of 620 in IL

Livability — Byron

• Score: 81/100
• State rank: #100
• US rank: #1602

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Byron, IL
• City population: 7,494
• Population (ZIP): 7,494

Population outlook (Ogle County) Hauer SSP2

• Today (2025): 48,390 people
• By 2030: 46,346 · -4.2%
• By 2040: 41,772 · -13.7%
• By 2050: 36,911 · -23.7%
• By 2075: 27,130 · -43.9%
• By 2100: 18,627 · -61.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Hispanic / Latino 9% Two or more races 7%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 5% Portuguese 4% Lithuanian 1%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 6%

Political lean MEDSL · Ogle

• 2024 margin: Strong R (+29.4) · D 34.5% · R 63.9% · Other 1.6%
• 2008→2024 swing: -21.8pp toward R · 2008: -7.6pp · 2024: -29.4pp
• All cycles: 2024: R+29.4 2020: R+25.9 2016: R+26.6 2012: R+16.7 2008: R+7.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.23%
• Current HPI: 171.8623
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-09 Listed $169,900 MRED as Distributed by MLS Grid
• 2026-06-09 Listed $169,900 NWIAR

Property tax history

+4.2%/yr

Latest (2024): $3,275 · +8.8% YoY. Source: county tax records.