107 N Walnut Ln · Glenwood, IL 60425

$145,000

3 bd · 1.0 ba · 1,093 sqft · SingleFamily public records · 14 Days on market

Built 1966 6,250 sqft lot Est $187k · 22% under

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Why this score? — see what drove the B 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 +29.6/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

FAMILY ROOM WITH CATHEDRAL CEILING, SLIDING DOORS TO PATIO, ONE CAR ATTACHED GARAGE WITH TWO CAR DETACHED GARAGE, FENCED YARD. SOLD AS-IS BUYER TO TAKE ON REPAIRS AND POST ESCROW IF REQUIRED. TAXES PRORATED AT 100%. USE 6.1 CONTRACT.

Key facts

• Roof replacement
• 6,250 sq ft lot
• 3 garage spots

Tags

• ROOF REPLACEMENT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $521 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Cap rate 10.6% vs local median 8.0% in Glenwood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#545 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: health & safety D+, schools F, amenities F.
• Bloom Twp Hsd 206 (suburban): math 8% / reading 9% proficiency, ranked #591 of 620 in IL (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 53 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 8y ago; this cycle's ask is 150% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $56k; list at $145k implies a 157% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.9% of price.

Recommended offer $145,000

Questions for the listing agent

1. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.59% ✓
• Cap rate: 10.61%
• Cash-on-cash: 15.40%
• DSCR: 1.69
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $186,903
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
101 N Walnut Ln	0.01mi	4/1.5 (+1)	1,084 (-1%)	16mo	$138,000	$127	78
34 S Chestnut Ct	0.38mi	3/1.5	1,067 (-2%)	2mo	$189,900	$178	75
330 E Tulip Dr	0.26mi	3/1.5	1,067 (-2%)	17mo	$205,000	$192	68
301 E Maple Dr	0.34mi	3/1.5	1,067 (-2%)	13mo	$206,000	$193	68
110 S Willow Ln	0.36mi	3/1.0	1,179 (+8%)	10mo	$175,000	$148	61
116 N Campbell Ave	0.75mi	3/1.0	1,104 (+1%)	11mo	$71,400	$65	55
337 E Rose St	0.38mi	4/1.5 (+1)	993 (-9%)	10mo	$200,000	$201	52
43 N Oak Ln	0.49mi	3/1.0	950 (-13%)	5mo	$162,000	$171	52
208 E Mulberry Dr	0.50mi	3/1.0	975 (-11%)	11mo	$162,500	$167	49
710 E 194th St	0.74mi	3/2.0	1,164 (+6%)	8mo	$271,000	$233	44
117 S Willow Ln	0.37mi	3/2.0	941 (-14%)	18mo	$150,000	$159	41
32 E Center St	0.66mi	2/1.0 (-1)	1,184 (+8%)	13mo	$119,900	$101	39

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: 6.3%
• Equity multiple: 1.24×
• Total profit: $9,905
• Equity at exit: $21,620

10-year hold

• IRR: 15.7%
• Equity multiple: 2.29×
• Total profit: $52,232
• Equity at exit: $12,537

Cash invested: $40,600 (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 60425

• Home prices YoY: -10.6%
• Active inventory: 53
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,300 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$475 /mo · $5,702/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $521

Break-even live

Break-even rent $1,640

Max offer price $145,000

Occupancy floor 72%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
105 S Sycamore Ln Glenwood, IL	3.0	1.5	1201	$2,300	$1.92	1d	1	0.40mi

Listing history 12 events

1. 2026-03-12
   status Pending
2. 2026-02-19
   historical
3. 2018-08-31
   soldstatus $56,500 Closed Sale 233-char remark

   Show marketing remark (233 chars)

   FAMILY ROOM WITH CATHEDRAL CEILING, SLIDING DOORS TO PATIO, ONE CAR ATTACHED GARAGE WITH TWO CAR DETACHED GARAGE, FENCED YARD. SOLD AS-IS BUYER TO TAKE ON REPAIRS AND POST ESCROW IF REQUIRED. TAXES PRORATED AT 100%. USE 6.1 CONTRACT.

4. 2018-06-22
   historical Contingent 233-char remark

   Show marketing remark (233 chars)

   FAMILY ROOM WITH CATHEDRAL CEILING, SLIDING DOORS TO PATIO, ONE CAR ATTACHED GARAGE WITH TWO CAR DETACHED GARAGE, FENCED YARD. SOLD AS-IS BUYER TO TAKE ON REPAIRS AND POST ESCROW IF REQUIRED. TAXES PRORATED AT 100%. USE 6.1 CONTRACT.

5. 2018-06-22
   status Reactivated 233-char remark

   Show marketing remark (233 chars)

   FAMILY ROOM WITH CATHEDRAL CEILING, SLIDING DOORS TO PATIO, ONE CAR ATTACHED GARAGE WITH TWO CAR DETACHED GARAGE, FENCED YARD. SOLD AS-IS BUYER TO TAKE ON REPAIRS AND POST ESCROW IF REQUIRED. TAXES PRORATED AT 100%. USE 6.1 CONTRACT.

6. 2018-06-20
   historical 233-char remark

   Show marketing remark (233 chars)

   FAMILY ROOM WITH CATHEDRAL CEILING, SLIDING DOORS TO PATIO, ONE CAR ATTACHED GARAGE WITH TWO CAR DETACHED GARAGE, FENCED YARD. SOLD AS-IS BUYER TO TAKE ON REPAIRS AND POST ESCROW IF REQUIRED. TAXES PRORATED AT 100%. USE 6.1 CONTRACT.

7. 2018-06-01
   listed $57,900 New 233-char remark

   Show marketing remark (233 chars)

   FAMILY ROOM WITH CATHEDRAL CEILING, SLIDING DOORS TO PATIO, ONE CAR ATTACHED GARAGE WITH TWO CAR DETACHED GARAGE, FENCED YARD. SOLD AS-IS BUYER TO TAKE ON REPAIRS AND POST ESCROW IF REQUIRED. TAXES PRORATED AT 100%. USE 6.1 CONTRACT.

8. 2005-09-12
   soldstatus $120,000
9. 2005-09-12
   soldstatus $84,000
10. 1996-11-01
    soldstatus $83,000
11. 1983-10-07
    soldstatus $55,000
12. 1983-10-01
    soldstatus $54,900

ⓘ 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: $5,702 · $475/mo
• Projected year-2 tax: $5,702 · $475/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,600
• − Mortgage interest: −$8,122
• − Property taxes: −$5,702
• − Insurance: −$725
• − Repairs & maintenance: −$2,208
• − Management: −$2,208
• − Depreciation: −$4,218
• Taxable income: $4,417
• Est. tax owed @ 24.0%: −$1,060
• After-tax cash flow: $5,193/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: Bloom Twp Hsd 206
• NCES district ID: 1706420
• Math proficiency: 8% ▼ -3.00%
• Reading proficiency: 9% ▼ -8.00%
• Median HH income: $39,795
• Composite: 7.4/100
• National rank: #9952
• State rank: #591 of 620 in IL

Livability — Glenwood

• Score: 66/100
• State rank: #545
• US rank: #11292

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glenwood, IL
• City population: 8,730
• Population (ZIP): 8,730

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 (68%)
• Race & ethnicity: Black 68% White 22% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 3% Iranian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -37.24%
• Current HPI: 314.1777
• 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

+2.9% since first listed

12 events — show timeline

• 2026-03-12 Pending — MRED as Distributed by MLS Grid
• 2026-02-19 Listing Removed — MRED as Distributed by MLS Grid
• 2018-08-31 Sold (MLS) $56,500 MRED as Distributed by MLS Grid
• 2018-06-22 Contingent — MRED as Distributed by MLS Grid
• 2018-06-22 Relisted — MRED as Distributed by MLS Grid
• 2018-06-20 Listing Removed — MRED as Distributed by MLS Grid
• 2018-06-01 Listed $57,900 MRED as Distributed by MLS Grid
• 2005-09-12 Sold (Public Records) $84,000 Public Records
• 2005-09-12 Sold (Public Records) $120,000 Public Records
• 1996-11-01 Sold (Public Records) $83,000 Public Records
• 1983-10-07 Sold (Public Records) $55,000 Public Records
• 1983-10-01 Sold (Public Records) $54,900 Public Records

Property tax history

+3.1%/yr

Latest (2023): $5,702 · +13.3% YoY. Source: county tax records.