CashFlowRE
Sign in Sign up
1917 S 9th Ave 🔨 Auction
F Composite 23.82
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).

  • ARV discount +7.5/15.0
  • Cash flow +4.9/30.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.9/10.0
  • 1% rule +0.7/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$74,200

1917 S 9th Ave · Maywood, IL 60153
3 bd · 1.0 ba · 792 sqft · SingleFamily public records · 8 Days on market
Built 1922 5,357 sqft lot ↓ 7% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Listing price $74,200 Great opportunity on this bungalow style home with detached 2 car garage. It offers approximately 792 square feet of living space with 3 bedrooms and 2 bathrooms. Built in 1922 many repairs and updates are needed but has potential. Mold reported. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect prior bidding. Auction.

Key facts

  • 5,357 sq ft lot
  • 2 garage spots
  • Built 1922

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🔨 Auction listing. The $74,200 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $285,912 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $74k.

Deal economics

  • At list price, monthly cash flow is $-691 ($-8k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $74k).
  • Cap rate 3.4% vs local median 4.5% in Maywood — 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 78/100 on livability (#146 in IL, #2,694 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, crime D+, schools F.
  • Maywood-Melrose Park-Broadview 89 (suburban): math 14% / reading 21% proficiency, ranked #738 of 919 in IL (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 71 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 17y 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.

Risks & watch-outs

  • Watch-outs: property tax is 5.8% of price; built in 1922 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $74,200

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 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. 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
0.57%
Cap rate
3.39%
Cash-on-cash
-10.36%
DSCR
0.54
GRM
14.7

CMA / ARV

ARV (on-the-fly)
$285,912
Comps found
5
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1917 S 9th Ave 0.00mi 3/2.0 792 (0%) 1mo $138,500 $175 95
2037 S 7th Ave 0.20mi 4/1.5 (+1) 825 (+4%) 11mo $330,000 $400 67
2024 S 7th Ave 0.18mi 3/1.0 876 (+11%) 12mo $275,000 $314 64
2102 S 8th Ave 0.22mi 4/2.0 (+1) 884 (+12%) 15mo $319,000 $361 49
1926 S 19th Ave 0.66mi 2/1.5 (-1) 748 (-6%) 8mo $299,900 $401 46

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
-35.0%
Equity multiple
-0.13×
Total profit
$-90,324
Equity at exit
$42,630
10-year hold
IRR
-45.9%
Equity multiple
-0.69×
Total profit
$-135,234
Equity at exit
$24,720

Cash invested: $80,055 (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.

ZIP-level market 60153

Home prices YoY
-20.5%
Active inventory
71
Price-to-rent
3.8×

Monthly cashflow live

Estimated rent
$1,626 high interval (Pro) →
Mortgage (P&I)
$1,499
Tax est. 1.5%
$357 /mo · $4,289/yr
Insurance
$119
HOA
$0
Vacancy / Maint / Mgmt
$342
Net cashflow
$-691

Break-even live

Break-even rent $2,501
Max offer price $185,904
Occupancy floor

Sensitivity live

Price -10% $-494 -5% $-592 +0% $-691 +5% $-790 +10% $-889
Rent -10% $-820 -5% $-755 +0% $-691 +5% $-627 +10% $-563
Rate -1.0pp $-547 -0.5pp $-618 base $-691 +0.5pp $-765 +1.0pp $-841

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
$71,478
Closing costs
$8,577
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2040 16th Ave Unit 2C Broadview, IL 2.0 1.0 900 $1,595 $1.77 14d 1 0.48mi
903 S 5th Ave Unit 2D Maywood, IL 3.0 2.0 1008 $2,100 $2.08 0d 1 0.77mi
404 School St Maywood, IL 2.0 1.0 737 $1,565 $2.12 0d 1 0.78mi
8280 Roosevelt Rd Unit 1S-8284 Forest Park, IL 2.0 1.0 800 $1,495 $1.87 2d 1 0.93mi
2416 W Roosevelt Rd Apt 1S Broadview, IL 2.0 1.0 884 $1,475 $1.67 25d 1 1.07mi
218 S 13th Ave Unit 2 Maywood, IL 2.0 1.0 1050 $1,650 $1.57 6d 1 1.17mi
1031 S Dunlop Unit 1-w Forest Park, IL 2.0 1.0 950 $1,695 $1.78 25d 1 1.20mi
1030 Dunlop Ave Unit 2C Forest Park, IL 2.0 1.0 990 $1,695 $1.71 4d 1 1.43mi
1030 Dunlop Ave Unit 2W Forest Park, IL 2.0 1.0 990 $1,695 $1.71 25d 1 1.43mi

Listing history 10 events

  1. 2026-02-26
    status Pending
  2. 2026-02-18
    listed $74,200 Active
  3. 2024-11-14
    status Pending
  4. 2024-11-14
    status Active
  5. 2024-10-31
    historical
  6. 2024-10-07
    historical
  7. 2024-10-03
    listed Active
  8. 2009-06-07
    historical
  9. 2009-01-19
    listed
  10. 1999-07-19
    soldstatus $80,000

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,515
− Mortgage interest
−$16,016
− Property taxes
−$4,289
− Insurance
−$1,430
− Repairs & maintenance
−$1,561
− Management
−$1,561
− Depreciation
−$8,317
Taxable loss
−$13,659
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,278
After-tax cash flow
$-5,016/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
Maywood-Melrose Park-Broadview 89
NCES district ID
1725110
Math proficiency
14% ▲ 1.00%
Reading proficiency
21% ▲ 4.00%
Median HH income
$45,567
Composite
18.75/100
National rank
#14003
State rank
#738 of 919 in IL

Livability — Maywood

Score
78/100
State rank
#146
US rank
#2694

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Maywood, IL
County
Cook County · 4,486,803 people
City population
23,201
Metro
Chicago-Naperville-Elgin, IL-IN-WI
Population (ZIP)
23,201
Household income
$68,815
Rent vs Own
40.0% rent · 60.0% own
Severe rent burden
869.0

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
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Black 57% Hispanic / Latino 33% Two or more races 11% White 6%
Hispanic origin (detail)
Mexican 28% Puerto Rican 3%
Common ancestry
Romanian 1% British 1%
Foreign-born
14% · Canada, Jamaica
Languages at home
68% English-only · Spanish 30% French/Haitian/Cajun 2%

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
▼ -86.90%
Current HPI
336.2159
Rent YoY
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

Price history

-7.2% since first listed
10 events — show timeline
  • 2026-02-26 Pending MRED as Distributed by MLS Grid
  • 2026-02-18 Listed $74,200 MRED as Distributed by MLS Grid
  • 2024-11-14 Pending MRED as Distributed by MLS Grid
  • 2024-11-14 Relisted MRED as Distributed by MLS Grid
  • 2024-10-31 Listing Removed MRED as Distributed by MLS Grid
  • 2024-10-07 Listing Removed MRED as Distributed by MLS Grid
  • 2024-10-03 Listed MRED as Distributed by MLS Grid
  • 2009-06-07 Listing Removed MRED as Distributed by MLS Grid
  • 2009-01-19 Listed MRED as Distributed by MLS Grid
  • 1999-07-19 Sold (Public Records) $80,000 Public Records

Property tax history

+3.5%/yr

Latest (2023): $5,465 · -22.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…