🔨 Auction
1917 S 9th Ave · Maywood, IL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $804 – $1,492
Heat risk 3/10 · Minor
- Hot days now (above 100°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- 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?
- Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- -35.0%
- Equity multiple
- -0.13×
- Total profit
- $-90,324
- Equity at exit
- $42,630
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-02-26status Pending
-
2026-02-18$74,200 Active
-
2024-11-14status Pending
-
2024-11-14status Active
-
2024-10-31historical
-
2024-10-07historical
-
2024-10-03Active
-
2009-06-07historical
-
2009-01-19
-
1999-07-19soldstatus $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
- 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
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
- 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 |
|---|---|---|
| Insurance | 4 | $201B |
|
||
| Consumer Goods | 4 | $87B |
|
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| Industrial Machinery | 3 | $64B |
|
||
| Healthcare | 2 | $55B |
|
||
| Retail / Pharmacy | 1 | $148B |
|
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| Agriculture / Food | 1 | $86B |
|
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Price history
-7.2% since first listed10 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%/yrLatest (2023): $5,465 · -22.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…