1373 Stanley Blvd · Calumet City, IL 60409

$139,999

3 bd · 1.0 ba · 999 sqft · SingleFamily public records · 400 Days on market

Built 1955 5,600 sqft lot Est $137k · 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 +24.8/30.0
• DSCR +8.0/10.0
• ARV discount +6.5/15.0
• 1% rule +6.4/10.0
• Rent growth +4.0/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

You cannot go wrong with this property. Three bedrooms; side drive, with two car garage, VERY LARGE BACK YARD, CENTRAL AIR, WHAT A STEAL. ROOF, LESS THAN 5 YEARS OLD, FURNANCE IS ALSO, LESS THAN 5 YEARS OLD. SELLER LEAVING ALL APPLIANCES, INCLUDING WASHER, AND DRYER. DON'T LET THIS ONE GET AWAY. CLOSE TO EVERYTHING. LESS THAN RENT, TO OWN YOUR OWN PROPERTY. REAL ESTATE TAXES, WILL COME DOWN DRASTICALLY, ONCE ITS AN OWNER OCCUPIED PROPERTY. PROPERTY IS VACANT.

Key facts

• Two car garage
• 5,600 sq ft lot
• 2 garage spots

Tags

• TWO CAR GARAGE
• ROOF LESS THAN 5 YEARS OLD
• FURNACE LESS THAN 5 YEARS OLD
• SELLER LEAVING ALL APPLIANCES

Property features AI

Finance

• Other: Parcel number: 30201180060000; Directions: River Oaks Dr./159th St, between Burnham and Wentworth; Township: Thornton; Located in Calumet City; Possession: Tenant's rights; Some photos not virtually staged
• HOA & community: No master association fee required

Exterior

• Parking: Detached concrete garage; 2 garage spaces (2 total parking spaces)
• Utilities: Water source: Lake Michigan; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership; Property was rehabbed in 2015; Built before 1978 (frame construction)
• Construction: Frame construction
• Exterior features: Lot dimensions approximately 50 x 112; Lot size between 0.25 and 0.49 acre; Property currently leased

Interior

• Kitchen: Kitchen on main level (approx. 14 x 12)
• Bedrooms: 3 bedrooms (all on the main level); Bedroom dimensions: 13 x 12; 14 x 14; master bedroom 14 x 13
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: 5 total rooms; School bus service available
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $295 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.

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); 196 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• This rent runs 35% 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 $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.2% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 400 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $96k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,199 (12.0% below list)

Questions for the listing agent

1. It's been on market 400 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 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
8. 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.
9. 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: 8.82%
• Cash-on-cash: 9.04%
• DSCR: 1.40
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $136,863
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1394 Forest Pl	0.05mi	3/1.0	1,147 (+15%)	2mo	$81,000	$71	72
32 166th Pl	0.58mi	3/1.0	1,000 (+0%)	2mo	$155,000	$155	71
1374 Kenilworth Dr	0.23mi	3/2.0	1,111 (+11%)	0mo	$138,000	$124	66
116 163rd St	0.26mi	3/1.0	1,125 (+13%)	1mo	$61,500	$55	66
1269 Arthur St	0.71mi	3/1.5	999 (0%)	2mo	$168,000	$168	63
1531 Lincoln Ave	0.39mi	3/1.0	1,109 (+11%)	1mo	$170,000	$153	63
1554 Burnham Ave	0.56mi	2/1.0 (-1)	945 (-5%)	2mo	$125,000	$132	58
1382 Burnham Ave	0.34mi	3/1.5	1,147 (+15%)	1mo	$105,000	$92	56
1263 Mackinaw Ave	0.51mi	3/1.5	1,102 (+10%)	1mo	$175,900	$160	56
43 162nd Pl	0.32mi	3/2.5	1,135 (+14%)	0mo	$159,000	$140	56
16 164th Pl	0.43mi	4/1.5 (+1)	1,122 (+12%)	2mo	$85,000	$76	51
6516 Lyman Ave	0.74mi	3/1.0	1,095 (+10%)	1mo	$150,000	$137	49

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: 0.9%
• Equity multiple: 1.04×
• Total profit: $1,401
• Equity at exit: $20,874

10-year hold

• IRR: 13.5%
• Equity multiple: 2.24×
• Total profit: $48,566
• Equity at exit: $12,105

Cash invested: $39,200 (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: 196
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,598 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $295

Break-even live

Break-even rent $1,225

Max offer price $139,999

Occupancy floor 77%

Sensitivity live

Price	-10% $392	-5% $344	+0% $295	+5% $247	+10% $198
Rent	-10% $169	-5% $232	+0% $295	+5% $358	+10% $421
Rate	-1.0pp $366	-0.5pp $331	base $295	+0.5pp $259	+1.0pp $222

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1338 Wentworth Ave Unit 1338 Calumet City, IL	2.0	1.0	800	$1,430	$1.79	25d	1	0.15mi
1539 Wentworth Ave Unit 3W Calumet City, IL	3.0	1.0	1100	$1,700	$1.55	13d	1	0.47mi
17104 Wentworth Ave Unit 4 Lansing, IL	2.0	1.0	1100	$1,400	$1.27	0d	1	0.76mi
407 Kenwood St Hammond, IN	2.0	1.0	920	$1,495	$1.62	18d	1	0.83mi
407 Kenwood St Hammond, IN	2.0	1.0	920	$1,495	$1.62	25d	1	0.83mi
5 Ruth St Unit 2W Hammond, IN	2.0	1.0	900	$1,250	$1.39	13d	1	0.93mi
3 Ruth St Hammond, IN	2.0	1.0	900	$1,250	$1.39	25d	1	0.93mi
115 157th St Unit 3 Calumet City, IL	3.0	1.0	800	$1,350	$1.69	25d	1	1.07mi
3649 173rd Ct Lansing, IL	2.0	2.0	972	$1,357	$1.40	25d	1	1.12mi
3069 Bernice Rd Apt 2N Lansing, IL	3.0	1.0	950	$1,535	$1.62	21d	1	1.20mi
3069 Bernice Rd Apt 2S Lansing, IL	3.0	1.0	950	$1,535	$1.62	4d	1	1.20mi
3023 Bernice Rd Apt 2S Lansing, IL	3.0	1.0	1000	$1,600	$1.60	0d	1	1.23mi
3023 Bernice Rd Unit 3030 3N Lansing, IL	3.0	1.0	1000	$1,400	$1.40	0d	1	1.23mi
3007 Bernice Rd Unit 3007 1S Lansing, IL	2.0	1.0	850	$1,400	$1.65	0d	1	1.24mi

Listing history 18 events

1. 2026-06-21
   days on market $139,999 Active 400 DOM
2. 2026-06-18
   days on market $139,999 Active 397 DOM
3. 2026-06-17
   days on market $139,999 Active 396 DOM
4. 2026-06-16
   days on market $139,999 Active 395 DOM
5. 2026-06-15
   days on market $139,999 Active 394 DOM
6. 2026-06-13
   days on market $139,999 Active 392 DOM
7. 2026-06-09
   days on market $139,999 Active 388 DOM
8. 2026-06-08
   days on market $139,999 Active 387 DOM
9. 2026-06-07
   days on market $139,999 Active 386 DOM
10. 2026-06-04
    days on market $139,999 Active 383 DOM
11. 2026-06-03
    days on market $139,999 Active 382 DOM
12. 2026-06-02
    days on market $139,999 Active 381 DOM
13. 2026-06-01
    days on market $139,999 Active 380 DOM
14. 2026-05-31
    days on market $139,999 Active 379 DOM
15. 2025-05-27
    price $139,999
16. 2025-05-17
    listed $157,900 Active
17. 2005-06-10
    soldstatus $96,000
18. 1993-08-26
    soldstatus $61,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 65% 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: $19,181
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$1,534
• − Management: −$1,534
• − Depreciation: −$4,073
• Taxable income: $1,397
• Est. tax owed @ 24.0%: −$335
• After-tax cash flow: $3,207/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

+129.5% since first listed

4 events — show timeline

• 2025-05-27 Price Changed $139,999 MRED as Distributed by MLS Grid
• 2025-05-17 Listed $157,900 MRED as Distributed by MLS Grid
• 2005-06-10 Sold (Public Records) $96,000 Public Records
• 1993-08-26 Sold (Public Records) $61,000 Public Records

Property tax history

+5.3%/yr

Latest (2023): $7,892 · +30.0% YoY. Source: county tax records.