1269 Prairie Ridge Trl · Antioch, IL 60002

$389,345

2 bd · 2.0 ba · 1,550 sqft · SingleFamily · 24 Days on market

Built 2026 Good condition Garage $251/sqft · 16% below area Est $465k · 16% under $247/mo HOA · 9% of rent

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Why this score? — see what drove the D- 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 +14.8/15.0
• Cash flow +6.4/30.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• 1% rule +2.4/10.0
• DSCR +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks

* Photos are not this actual home * SPECIAL FINANCING OFFERS AVAILABLE! FALL DELIVERY! Homesite #0943 The Napa is a thoughtfully designed single-story home that perfectly blends modern convenience with comfortable living. This elegant floor plan features two bedrooms, two full bathrooms, and an open-concept layout that seamlessly connects the kitchen, family room, and dining area-creating a welcoming space ideal for both everyday life and entertaining. At the heart of the home, the stylish kitchen showcases a large center island, Quartz countertops, stainless steel appliances, and abundant cabinetry-ideal for meal prep, hosting, or casual dining.

Key facts

• Quartz countertops
• Large center island
• Single story home

Tags

• SINGLE STORY HOME
• OPEN CONCEPT LAYOUT
• STYLISH KITCHEN
• LARGE CENTER ISLAND
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $389k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-669 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $293k (24.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $287k (26.2% below list).
• Recommended offer: $287k (26.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#305 in IL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• Chsd 117 (suburban): math 36% / reading 40% proficiency, ranked #135 of 620 in IL (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hillcrest Elementary School (math 21% / reading 24%, grade F, #934 of 2,056 statewide, top 46%, 638 students, 0% FRL); Antioch Upper Grade School (math 27% / reading 33%, grade F, #246 of 665 statewide, top 38%, 902 students, 0% FRL); Antioch Comm High School (math 31% / reading 37%, grade F, #147 of 693 statewide, top 22%, 1,309 students, 0% FRL).
• Market conditions: 213 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 104d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 948 units permitted in Lake County in 2024 (424 in 5+ unit buildings).
• This rent runs 32% of the median local income ($109k/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 $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Lake County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($384k) is reasonable based on typical stale-listing flexibility.

Recommended offer $287,181 (26.2% below list)

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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.74% ✗
• Cap rate: 4.23%
• Cash-on-cash: -7.36%
• DSCR: 0.67
• GRM: 11.3

CMA / ARV

• ARV (median comp): $464,645
• List price: $389,345
• Delta: -16.21%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1292 Prairie Ridge Trl	0.04mi	2/2.0	1,670 (+8%)	2mo	$464,645	$278	83
1273 Prairie Ridge Trl	0.01mi	3/2.0 (+1)	1,723 (+11%)	2mo	$467,000	$271	74
1261 Prairie Ridge Trl	0.02mi	3/2.0 (+1)	1,723 (+11%)	2mo	$434,490	$252	74
1829 Overview Cir	0.13mi	3/2.0 (+1)	1,352 (-13%)	16mo	$380,000	$281	54
1671 Vista Lake Dr	0.53mi	3/2.0 (+1)	1,772 (+14%)	18mo	$399,000	$225	32

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: -29.1%
• Equity multiple: 0.03×
• Total profit: $-105,501
• Equity at exit: $58,053

10-year hold

• IRR: -28.9%
• Equity multiple: -0.34×
• Total profit: $-145,937
• Equity at exit: $33,663

Cash invested: $109,017 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 14 active · 9 under contract
• Months of supply: 28.0 mo (4%/mo absorbed)
• Median asking: $433,740 ($255/sqft)
• Median days on market: 76 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +17.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 60002

• Home prices YoY: -34.4%
• Active inventory: 213
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $2,872 medium
• Mortgage (P&I): −$2,042
• Tax est. 1.5%: −$487 /mo · $5,840/yr
• Insurance: −$162
• HOA: −$247
• Vacancy / Maint / Mgmt: −$603
• Net cashflow: $-669

Break-even live

Break-even rent $3,719

Max offer price $292,547

Occupancy floor —

Sensitivity live

Price	-10% $-400	-5% $-534	+0% $-669	+5% $-803	+10% $-938
Rent	-10% $-896	-5% $-782	+0% $-669	+5% $-556	+10% $-442
Rate	-1.0pp $-473	-0.5pp $-570	base $-669	+0.5pp $-770	+1.0pp $-872

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: $97,336
• Closing costs: $11,680
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1241 Neuway Ln Antioch, IL	2.0–3.0	2.5	1605	$2,780	$1.73	104d	12	0.08mi
1241 Neuway Ln Antioch, IL	3.0–4.0	2.0–2.5	2179	$3,250	$1.49	112d	13	0.08mi
1241 Neuway Ln Antioch, IL	3.0–4.0	2.0–2.5	2179	$3,150	$1.45	36d	12	0.08mi
1241 Neuway Ln Unit B Antioch, IL	2.0–3.0	2.5	1605	$2,480	$1.54	36d	10	0.08mi

Property features AI

Finance

• Other: Community provides school bus service and interstate accessSubdivision: Clublands of Antioch
• HOA & community: Homeowners association with monthly fee of $132Master association fee $115 monthlyHOA covers insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care and snow removal

Exterior

• Parking: Attached garage (garage owned) with garage door openerAsphalt drivewayTwo parking spaces (2 garage spaces, 2 total)
• Utilities: Public waterPublic sewer
• Home design: Detached single-family homeSingle-story (1 story)Model: NAPA BFee simple ownership with homeowners associationNew construction / under construction
• Construction: Vinyl siding and brick exterior
• Exterior features: Club-style community amenities including clubhouse, park, pool, lake with dock and water rightsSidewalks, street lights and paved streetsLot less than 1/4 acre

Interior

• Kitchen: RangeMicrowaveDishwasherDisposalStainless steel appliances
• Bedrooms: Master bedroom on main level (13 x 14) with full bath and double sinkSecond bedroom on main level (10 x 10)Third bedroomFourth bedroomStudy on main level (10 x 11)
• Flooring: Carpet in bedrooms and studyVinyl flooring in kitchen, family room, dining room and laundry
• Bathrooms: Two full bathrooms
• Heating & cooling: Natural gas forced air heatingCentral air conditioning
• Interior features: Six total roomsUnfinished full basement
• Laundry & utility: Main-level laundry room (9 x 5)

Listing history 21 events

1. 2026-09-27
   days on market $389,345 Active 24 DOM
2. 2026-09-26
   days on market $389,345 Active 23 DOM
3. 2026-09-25
   days on market $389,345 Active 22 DOM
4. 2026-09-24
   days on market $389,345 Active 21 DOM
5. 2026-09-23
   days on market $389,345 Active 20 DOM
6. 2026-09-22
   days on market $389,345 Active 19 DOM
7. 2026-09-21
   days on market $389,345 Active 18 DOM
8. 2026-09-20
   days on market $389,345 Active 17 DOM
9. 2026-09-19
   days on market $389,345 Active 16 DOM
10. 2026-09-18
    days on market $389,345 Active 15 DOM
11. 2026-09-17
    days on market $389,345 Active 14 DOM
12. 2026-09-16
    days on market $389,345 Active 13 DOM
13. 2026-09-15
    days on market $389,345 Active 12 DOM
14. 2026-09-14
    days on market $389,345 Active 11 DOM
15. 2026-09-13
    days on market $389,345 Active 10 DOM
16. 2026-09-12
    days on market $389,345 Active 9 DOM
17. 2026-09-11
    pricedays on market $389,345 Active 8 DOM
18. 2026-09-05
    days on market $399,345 Active 2 DOM
19. 2026-09-04
    remarks 699-char remark
20. 2026-09-04
    pricedays on marketlisting id $399,345 Active 1 DOM
21. 2026-05-31
    days on market $479,195 Active 4 DOM

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

Taxation est. · year 1

• Rental income: $34,462
• − Mortgage interest: −$21,809
• − Property taxes: −$5,840
• − Insurance: −$1,947
• − Repairs & maintenance: −$2,757
• − Management: −$2,757
• − HOA: −$2,964
• − Depreciation: −$11,326
• Taxable loss: −$14,939
• Est. tax savings @ 24.0%: +$3,585
• After-tax cash flow: $-4,442/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This single-family home is in good condition with a spacious layout and modern finishes. It offers a good investment opportunity with potential for value enhancement through minor updates.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value. ↑
• Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and renters. ↑
• Both Adding smart home features — Smart home features can increase convenience and appeal to tech-savvy buyers and renters. ↑
• Both Upgrading the HVAC system — A more efficient HVAC system can improve comfort and reduce energy costs. ↑

F Composite school gradezoned avg 30/100

Zoned Schools

Elementary Oakland Elementary School F IL #829/2,056 Nat'l #29,743/41,679 Middle Antioch Upper Grade School F IL #246/665 Nat'l #8,861/14,009 High Antioch Comm High School F IL #147/693 Nat'l #10,121/17,239

Schools (NCES district)

• District: Chsd 117
• NCES district ID: 1703870
• Math proficiency: 36% ▼ -8.00%
• Reading proficiency: 40% ▼ -4.00%
• Median HH income: $80,993
• Composite: 35.79/100
• National rank: #4836
• State rank: #135 of 620 in IL

B Composite livability gradescore 72/100

Livability — Antioch

• Score: 72/100
• State rank: #305
• US rank: #5985

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Antioch, IL
• County: Lake · 700,217 people
• Metro: Chicago-Naperville-Elgin, IL-IN
• Population (ZIP): 24,396
• Household income: $109,047
• Rent vs Own: 19.3% rent · 80.7% own
• Severe rent burden: 14% of renters

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Population outlook (Lake County) Hauer SSP2

• Today (2025): 700,217 people
• By 2030: 693,290 · -1.0%
• By 2040: 673,588 · -3.8%
• By 2050: 643,556 · -8.1%
• By 2075: 562,792 · -19.6%
• By 2100: 457,715 · -34.6%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 8% Two or more races 6% Black 3% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Languages at home: 91% English-only · Spanish 4% Russian/Polish/Slavic 1% Other Indo-European 1%

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Political lean MEDSL · Lake

• 2024 margin: Strong D (+20.8) · D 59.7% · R 38.9% · Other 1.4%
• 2008→2024 swing: +1.1pp toward D · 2008: 19.6pp · 2024: 20.8pp
• All cycles: 2024: D+20.8 2020: D+24.1 2016: D+20.3 2012: D+8.1 2008: D+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -116.22%
• Current HPI: 221.5754
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

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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

Property features AI

Finance

• Other: Community provides school bus service and interstate accessSubdivision: Clublands of Antioch
• HOA & community: Homeowners association with monthly fee of $132Master association fee $115 monthlyHOA covers insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care and snow removal

Exterior

• Parking: Attached garage (garage owned) with garage door openerAsphalt drivewayTwo parking spaces (2 garage spaces, 2 total)
• Utilities: Public waterPublic sewer
• Home design: Detached single-family homeSingle-story (1 story)Model: NAPA BFee simple ownership with homeowners associationNew construction / under construction
• Construction: Vinyl siding and brick exterior
• Exterior features: Club-style community amenities including clubhouse, park, pool, lake with dock and water rightsSidewalks, street lights and paved streetsLot less than 1/4 acre

Interior

• Kitchen: RangeMicrowaveDishwasherDisposalStainless steel appliances
• Bedrooms: Master bedroom on main level (13 x 14) with full bath and double sinkSecond bedroom on main level (10 x 10)Third bedroomFourth bedroomStudy on main level (10 x 11)
• Flooring: Carpet in bedrooms and studyVinyl flooring in kitchen, family room, dining room and laundry
• Bathrooms: Two full bathrooms
• Heating & cooling: Natural gas forced air heatingCentral air conditioning
• Interior features: Six total roomsUnfinished full basement
• Laundry & utility: Main-level laundry room (9 x 5)

Price history

-96.8% since first listed

4 events — show timeline

• 2026-09-28 Contingent — MRED as Distributed by MLS Grid
• 2026-09-28 Listing Removed — MRED as Distributed by MLS Grid
• 2026-04-30 Sold (Public Records) $738,000 Public Records
• 2026-01-07 Sold (Public Records) $22,832,500 Public Records