208 S Peoria St · Bradford, IL 61421

$115,000

4 bd · 2.0 ba · 1,725 sqft · Other · 10 Days on market

Built 1920 8,755 sqft lot

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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 +22.8/30.0
• ARV discount +7.5/15.0
• DSCR +7.3/10.0
• Appreciation +7.3/10.0
• 1% rule +5.9/10.0
• Livability +3.3/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Step into the charm and character of this spacious 11/2-story brick home featuring 4 bedrooms, 2 full bathrooms and 1 car detached garage. The welcoming open front porch creates an inviting first impression and offers a comfortable space to relax outdoors. Inside, built-in bookcases, hardwood floors and beautiful woodwork, complement the home's classic design. Generous living areas and a functional floor plan offer flexibility for families, guests, or a home office. Combining historic charm with everyday comfort, this attractive brick home is move-in ready and ready for its next owner to make it their own.

Key facts

• Built-in bookcases
• Open front porch
• Hardwood floors

Tags

• OPEN FRONT PORCH
• BUILT-IN BOOKCASES
• HARDWOOD FLOORS
• FUNCTIONAL FLOOR PLAN

Property features AI

Finance

• HOA & community: No master association fees (not required)

Exterior

• Utilities: Public water; Public sewer
• Home design: Detached single-family home; 1.5-story design; South Peoria Street frontage; Home built over 100 years ago
• Construction: Brick and frame construction; Brick/mortar foundation; Asphalt roof
• Exterior features: Patio; Level lot

Interior

• Kitchen: Range; Dishwasher; Refrigerator
• Bedrooms: 4 bedrooms (Master on main; additional bedrooms on main and second floor)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: 8 total rooms; Unfinished full basement
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $115k.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).

Location & tenants

• Location reads 66/100 on livability (#572 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: schools D, crime D-, amenities F.
• Bradford CUSD 1 (rural): math 30% / reading 35% proficiency, ranked #431 of 919 in IL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 7 active listings in the ZIP; 2 units permitted in Stark County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($795 loan paydown + $5k appreciation (4.7% local appreciation)).
• Stark County population projected at -36% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.7% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 12y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $115k implies a 77% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $115,000

Questions for the listing agent

1. Built in 1920 — 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 D-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: 1.09% ✓
• Cap rate: 8.37%
• Cash-on-cash: 7.42%
• DSCR: 1.33
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.68% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 18.5%
• Equity multiple: 2.15×
• Total profit: $37,135
• Equity at exit: $62,966

10-year hold

• IRR: 18.7%
• Equity multiple: 4.18×
• Total profit: $102,357
• Equity at exit: $106,892

Cash invested: $32,200 (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 61421

• Home prices YoY: 3.7%
• Active inventory: 7
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,249 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$136 /mo · $1,634/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $199

Break-even live

Break-even rent $996

Max offer price $115,000

Occupancy floor 79%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-18
   days on market $115,000 Active 10 DOM
2. 2026-06-17
   pricedays on market $115,000 Active 9 DOM
3. 2026-06-16
   days on market $125,000 Active 8 DOM
4. 2026-06-15
   days on market $125,000 Active 7 DOM
5. 2026-06-13
   days on market $125,000 Active 5 DOM
6. 2026-06-12
   days on market $125,000 Active 4 DOM
7. 2026-06-09
   remarks 613-char remark
8. 2026-06-09
   listed $125,000 Active 1 DOM

ⓘ 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: $1,634 · $136/mo
• Projected year-2 tax: $2,122 · $177/mo
• Expected delta: +$488/yr (+$41/mo · 29.9%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,983
• − Mortgage interest: −$6,442
• − Property taxes: −$1,634
• − Insurance: −$575
• − Repairs & maintenance: −$1,199
• − Management: −$1,199
• − Depreciation: −$3,345
• Taxable income: $589
• Est. tax owed @ 24.0%: −$141
• 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: Bradford CUSD 1
• NCES district ID: 1706880
• Math proficiency: 30% ▼ -10.00%
• Reading proficiency: 35% ▬ 0.00%
• Median HH income: $52,772
• Composite: 31.26/100
• National rank: #11248
• State rank: #431 of 919 in IL

Livability — Bradford

• Score: 66/100
• State rank: #572
• US rank: #12010

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bradford, IL
• Population (ZIP): 1,330

Population outlook (Stark County) Hauer SSP2

• Today (2025): 5,233 people
• By 2030: 4,898 · -6.4%
• By 2040: 4,130 · -21.1%
• By 2050: 3,369 · -35.6%
• By 2075: 2,062 · -60.6%
• By 2100: 1,205 · -77.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 1% Iranian 1%
• Foreign-born: 1% · Canada

Political lean MEDSL · Stark

• 2024 margin: Solid R (+45.6) · D 26.3% · R 71.8% · Other 1.9%
• 2008→2024 swing: -40.2pp toward R · 2008: -5.4pp · 2024: -45.6pp
• All cycles: 2024: R+45.6 2020: R+41.2 2016: R+38.0 2012: R+16.2 2008: R+5.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.68%
• Current HPI: 130.0589
• 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

+131.5% since first listed

7 events — show timeline

• 2026-06-08 Listed $125,000 MRED as Distributed by MLS Grid
• 2025-12-01 Sold (Public Records) $65,000 Public Records
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2014-08-14 Sold (MLS) $43,000 RMLSA as Distributed by MLS Grid
• 2014-05-02 Listed $54,000 RMLSA as Distributed by MLS Grid

Property tax history

-2.8%/yr

Latest (2025): $1,634 · +4.4% YoY. Source: county tax records.