1389 Stanley Blvd · Calumet City, IL 60409

$139,900

2 bd · 1.0 ba · 999 sqft · SingleFamily public records · 20 Days on market

Built 1955 6,188 sqft lot Est $140k · 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 +20.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.4/10.0
• 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

Recently renovated in 2022, this 3-bedroom, 1-bath home offers a functional layout with great living space throughout. Features include a spacious family room with a fireplace, perfect for relaxing or entertaining, along with a well-appointed kitchen and comfortable bedrooms. The property also includes a 2-car garage for added convenience. Currently tenant-occupied with a lease in place through September 2026, generating immediate rental income-ideal for investors or future owner-occupants. Conveniently located near schools, parks, shopping, and transportation.

Key facts

• Recently renovated
• Tenant-occupied
• Spacious family room

Tags

• RECENTLY RENOVATED
• SPACIOUS FAMILY ROOM
• WELL-APPOINTED KITCHEN
• TENANT-OCCUPIED

Property features AI

Finance

• Other: Possession at closing; tenant's rights apply; Earnest money is held
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (2 garage spaces, 2 total parking spaces)
• Utilities: Water from Lake Michigan / public water; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership; Rehab completed in 2022; Built before 1978 (71-80 years old)
• Construction: Aluminum siding, vinyl siding and brick exterior
• Exterior features: Lot dimensions approx. 55 x 112.5; Lot under 0.25 acre

Interior

• Kitchen: Kitchen on main level (9 x 6)
• Bedrooms: Master bedroom on main level (12 x 9); Bedroom on main level (13 x 8); Bedroom on main level (9 x 8)
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: 6 total rooms; Property currently leased
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $140k).
• Recommended offer: $138k (1.5% 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; 19 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 32% 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 $967 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 ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 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.
• Current owner paid $92k; list at $140k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $137,801 (1.5% below list)

Questions for the listing agent

1. Built in 1955 — 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 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.04% ✓
• Cap rate: 7.91%
• Cash-on-cash: 5.76%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $139,860
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1394 Forest Pl	0.03mi	3/1.0 (+1)	1,147 (+15%)	2mo	$81,000	$71	68
32 166th Pl	0.56mi	3/1.0 (+1)	1,000 (+0%)	2mo	$155,000	$155	67
1554 Burnham Ave	0.54mi	2/1.0	945 (-5%)	2mo	$125,000	$132	65
1374 Kenilworth Dr	0.23mi	3/2.0 (+1)	1,111 (+11%)	0mo	$138,000	$124	61
116 163rd St	0.26mi	3/1.0 (+1)	1,125 (+13%)	1mo	$61,500	$55	61
1531 Lincoln Ave	0.36mi	3/1.0 (+1)	1,109 (+11%)	1mo	$170,000	$153	59
1269 Arthur St	0.72mi	3/1.5 (+1)	999 (0%)	2mo	$168,000	$168	57
1382 Burnham Ave	0.34mi	3/1.5 (+1)	1,147 (+15%)	1mo	$105,000	$92	52
43 162nd Pl	0.32mi	3/2.5 (+1)	1,135 (+14%)	0mo	$159,000	$140	51
1263 Mackinaw Ave	0.53mi	3/1.5 (+1)	1,102 (+10%)	1mo	$175,900	$160	50
6516 Lyman Ave	0.74mi	3/1.0 (+1)	1,095 (+10%)	1mo	$150,000	$137	44
1636 State Line Rd	0.73mi	3/3.0 (+1)	1,084 (+8%)	2mo	$241,000	$222	37

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: -3.9%
• Equity multiple: 0.85×
• Total profit: $-5,862
• Equity at exit: $20,860

10-year hold

• IRR: 9.1%
• Equity multiple: 1.80×
• Total profit: $31,475
• Equity at exit: $12,096

Cash invested: $39,172 (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: 8.0×

Monthly cashflow live

• Estimated rent: $1,462 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,098/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $188

Break-even live

Break-even rent $1,224

Max offer price $139,900

Occupancy floor 82%

Sensitivity live

Price	-10% $285	-5% $236	+0% $188	+5% $140	+10% $91
Rent	-10% $73	-5% $130	+0% $188	+5% $246	+10% $304
Rate	-1.0pp $258	-0.5pp $224	base $188	+0.5pp $152	+1.0pp $115

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 19 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	0.19mi
1539 Wentworth Ave Unit 3W Calumet City, IL	3.0	1.0	1100	$1,700	$1.55	13d	1	0.40mi
17104 Wentworth Ave Unit 4 Lansing, IL	2.0	1.0	1100	$1,400	$1.27	0d	1	0.69mi
230 Wildwood Rd Unit 103 Hammond, IN	1.0	1.0	750	$1,295	$1.73	25d	1	0.77mi
407 Kenwood St Hammond, IN	2.0	1.0	920	$1,495	$1.62	18d	1	0.86mi
407 Kenwood St Hammond, IN	2.0	1.0	920	$1,495	$1.62	25d	1	0.86mi
5950 Hohman Ave Unit 416 Hammond, IN	1.0	1.0	550	$1,095	$1.99	7d	1	0.95mi
5 Ruth St Unit 2W Hammond, IN	2.0	1.0	900	$1,250	$1.39	13d	1	0.99mi
3 Ruth St Hammond, IN	2.0	1.0	900	$1,250	$1.39	25d	1	0.99mi
5945 Hyslop Pl Unit 204 Hammond, IN	1.0	1.0	700	$1,195	$1.71	25d	1	1.02mi
5940 Hyslop Pl #226 Hammond, IN	1.0	1.0	800	$950	$1.19	3d	1	1.03mi
3649 173rd Ct Lansing, IL	2.0	2.0	972	$1,357	$1.40	25d	1	1.06mi
331 157th St Calumet City, IL	1.0	1.0	900	$1,100	$1.22	25d	1	1.11mi
3069 Bernice Rd Apt 2N Lansing, IL	3.0	1.0	950	$1,535	$1.62	21d	1	1.14mi
3069 Bernice Rd Apt 2S Lansing, IL	3.0	1.0	950	$1,535	$1.62	3d	1	1.14mi
115 157th St Unit 3 Calumet City, IL	3.0	1.0	800	$1,350	$1.69	25d	1	1.14mi
3023 Bernice Rd Unit 3030 3N Lansing, IL	3.0	1.0	1000	$1,400	$1.40	0d	1	1.17mi
3023 Bernice Rd Apt 2S Lansing, IL	3.0	1.0	1000	$1,600	$1.60	0d	1	1.17mi
3007 Bernice Rd Unit 3007 1S Lansing, IL	2.0	1.0	850	$1,400	$1.65	0d	1	1.18mi

Listing history 18 events

1. 2026-06-21
   days on market $139,900 Active 20 DOM
2. 2026-06-18
   days on market $139,900 Active 17 DOM
3. 2026-06-17
   days on market $139,900 Active 16 DOM
4. 2026-06-16
   days on market $139,900 Active 15 DOM
5. 2026-06-15
   days on market $139,900 Active 14 DOM
6. 2026-06-13
   days on market $139,900 Active 12 DOM
7. 2026-06-09
   days on market $139,900 Active 8 DOM
8. 2026-06-08
   days on market $139,900 Active 7 DOM
9. 2026-06-07
   days on market $139,900 Active 6 DOM
10. 2026-06-04
    days on market $139,900 Active 3 DOM
11. 2026-06-03
    days on market $139,900 Active 2 DOM
12. 2026-06-02
    pricedays on marketlisting id $139,900 Active 1 DOM
13. 2026-06-01
    days on market $144,900 Active 54 DOM
14. 2026-05-31
    days on market $144,900 Active 53 DOM
15. 2026-04-08
    historical
16. 2026-04-08
    listed $144,900 Active
17. 2026-03-19
    listed Active
18. 2004-06-30
    soldstatus $92,500

ⓘ 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 5/10 Major FEMA zone X (shaded) · 24% 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: $17,542
• − Mortgage interest: −$7,837
• − Property taxes: −$2,098
• − Insurance: −$700
• − Repairs & maintenance: −$1,403
• − Management: −$1,403
• − Depreciation: −$4,070
• Taxable income: $31
• Est. tax owed @ 24.0%: −$7
• After-tax cash flow: $2,249/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

+56.6% since first listed

4 events — show timeline

• 2026-04-08 Listed $144,900 MRED as Distributed by MLS Grid
• 2026-04-08 Listing Removed — MRED as Distributed by MLS Grid
• 2026-03-19 Listed — MRED as Distributed by MLS Grid
• 2004-06-30 Sold (Public Records) $92,500 Public Records

Property tax history

+7.4%/yr

Latest (2023): $7,234 · +152.4% YoY. Source: county tax records.