15333 Grant St · Dolton, IL 60419

$240,000

3 bd · 2.5 ba · 1,195 sqft · SingleFamily public records · 43 Days on market

Built 1961 5,000 sqft lot Est $189k · 27% over

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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).

• Cash flow +16.5/30.0
• 1% rule +5.9/10.0
• DSCR +5.1/10.0
• Rent growth +4.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Beautifully renovated in 2020, this home has everything a family needs to feel comfortable and at home. The open-concept layout creates a bright and welcoming space, perfect for everyday living and entertaining. Enjoy cooking in the modern kitchen with granite countertops, relax in the spacious living room with vaulted ceilings and a cozy fireplace, and appreciate the convenience of 2.5 bathrooms. Even better, all major mechanicals, electrical, and plumbing were replaced just 6 years ago - giving you peace of mind for years to come. (room sizes approx)

Key facts

• Modern kitchen
• Granite countertops
• Vaulted ceilings

Tags

• RENOVATED IN 2020
• OPEN-CONCEPT LAYOUT
• MODERN KITCHEN
• GRANITE COUNTERTOPS
• SPACIOUS LIVING ROOM
• VAULTED CEILINGS

Property features AI

Finance

• Other: Ownership is fee simple; Property not currently leased; Possession at closing or immediate
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage with garage door opener (1 garage space); Side driveway; Garage owned; total parking for 1 vehicle
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; Bi-level / split-level with sub-level; Rehab completed in 2020; Built approximately 61–70 years ago; Estimated living area
• Construction: Brick construction; Asphalt roof; Brick/mortar foundation; Home built before 1978
• Exterior features: Less than 0.25-acre lot; School bus service; Nearby interstate access; Lot dimensions listed

Interior

• Kitchen: Kitchen with island and eating area/table space; Range; Microwave; Dishwasher; Refrigerator
• Bedrooms: 4 bedrooms total; Master bedroom on the second level; Additional bedrooms: two on second level (each about 12 x 11), one on lower level (about 22 x 13)
• Flooring: Hardwood floors in living room and dining room
• Bathrooms: 2 full bathrooms; 1 half bathroom; Basement bathroom present; European-style shower
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Finished partial basement; 7 total rooms; Electric fireplace in the living room
• Laundry & utility: Lower-level laundry room (about 10 x 10)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $143 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $240k).
• Recommended offer: $233k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.0% vs local median 9.3% in Dolton — 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 74/100 on livability (#263 in IL, #4,883 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, health & safety C-, schools F.
• Thornton Twp Hsd 205 (suburban): math 7% / reading 8% proficiency, ranked #594 of 620 in IL (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+9.7%/yr); 130 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• At $2,627/mo this rent would consume 54% of the median local household income ($58k/yr) (locally 919% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $67k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 6y 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.
• Current owner paid $170k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.

Recommended offer $232,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 7.01%
• Cash-on-cash: 2.55%
• DSCR: 1.11
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $188,810
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
619 E 152nd St	0.19mi	3/1.5	1,146 (-4%)	1mo	$153,000	$134	80
717 E 154th St	0.33mi	3/1.0	1,120 (-6%)	2mo	$177,000	$158	67
15505 Drexel Ave	0.59mi	4/2.0 (+1)	1,200 (+0%)	2mo	$205,000	$171	63
15310 Oak St	0.11mi	4/1.5 (+1)	1,037 (-13%)	1mo	$190,000	$183	63
15518 Maple St	0.20mi	4/2.0 (+1)	1,345 (+13%)	1mo	$120,000	$89	62
15542 S Park Ave	0.27mi	4/2.0 (+1)	1,066 (-11%)	1mo	$193,900	$182	61
615 E 156th Pl	0.48mi	3/2.0	1,300 (+9%)	2mo	$198,650	$153	60
15509 Rose Dr	0.41mi	2/1.0 (-1)	1,100 (-8%)	0mo	$135,000	$123	56
15061 Wabash Ave	0.61mi	3/1.5	1,116 (-7%)	2mo	$150,000	$134	55
14927 Cottage Grove Ave	0.67mi	3/2.0	1,095 (-8%)	1mo	$250,000	$228	52
14819 Evers St	0.66mi	4/2.0 (+1)	1,304 (+9%)	0mo	$227,000	$174	47
15265 Drexel Ave	0.62mi	3/2.0	1,344 (+12%)	2mo	$155,000	$115	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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.77×
• Total profit: $-15,720
• Equity at exit: $35,785

10-year hold

• IRR: 9.5%
• Equity multiple: 1.92×
• Total profit: $62,028
• Equity at exit: $20,751

Cash invested: $67,200 (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 60419

• Home prices YoY: -25.7%
• Rents YoY: 9.7%
• Active inventory: 130
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,627 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$574 /mo · $6,886/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$552
• Net cashflow: $143

Break-even live

Break-even rent $2,446

Max offer price $240,000

Occupancy floor 90%

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15238 Doctor Martin Luther King Junior Dr Unit 2W Dolton, IL	2.0	1.0	800	$1,500	$1.88	10d	1	0.14mi
15509 Park Ln South Holland, IL	4.0	1.5	1200	$3,400	$2.83	7d	1	0.23mi
15509 Park Ln South Holland, IL	4.0	1.5	1200	$3,400	$2.83	24d	1	0.23mi
14916 Langley Ave Dolton, IL	3.0	1.5	1418	$2,500	$1.76	24d	1	0.60mi
14817 Champlain Ave Dolton, IL	2.0	1.0	980	$2,430	$2.48	22d	1	0.70mi
14844 Wabash Ave Dolton, IL	3.0	1.5	1277	$2,320	$1.82	24d	1	0.98mi
15231 Hastings Dr Dolton, IL	4.0	1.5	1487	$2,146	$1.44	7d	1	1.00mi
14500 Cottage Grove Ave Unit 3 Dolton, IL	2.0	1.0	1000	$1,475	$1.48	24d	1	1.18mi
16001 Avalon Ave South Holland, IL	3.0	2.0	1136	$3,330	$2.93	6d	1	1.27mi
14305 Irving Ave Unit 2 Dolton, IL	3.0	1.0	1100	$2,200	$2.00	24d	1	1.32mi
16246 Dobson Ave South Holland, IL	3.0	2.0	1250	$3,170	$2.54	2d	1	1.33mi
14716 Dorchester Ave Dolton, IL	3.0	2.0	1250	$2,800	$2.24	19d	1	1.40mi
14433 Woodlawn Ave Dolton, IL	4.0	2.0	1300	$2,000	$1.54	18d	1	1.46mi
14738 Blackstone Ave Dolton, IL	3.0	1.0	1017	$2,400	$2.36	10d	1	1.48mi

Listing history 41 events

1. 2026-06-18
   days on market $240,000 Active 43 DOM
2. 2026-06-17
   days on market $240,000 Active 42 DOM
3. 2026-06-16
   days on market $240,000 Active 41 DOM
4. 2026-06-15
   days on market $240,000 Active 40 DOM
5. 2026-06-13
   days on market $240,000 Active 38 DOM
6. 2026-06-13
   days on market $240,000 Active 37 DOM
7. 2026-06-09
   days on market $240,000 Active 34 DOM
8. 2026-06-08
   days on market $240,000 Active 33 DOM
9. 2026-06-07
   days on market $240,000 Active 32 DOM
10. 2026-06-04
    days on market $240,000 Active 29 DOM
11. 2026-06-03
    days on market $240,000 Active 28 DOM
12. 2026-06-02
    days on market $240,000 Active 27 DOM
13. 2026-06-01
    days on market $240,000 Active 26 DOM
14. 2026-05-31
    days on market $240,000 Active 25 DOM
15. 2026-05-06
    listed $240,000 Active
16. 2025-08-31
    historical
17. 2025-06-15
    price
18. 2025-05-31
    listed Active
19. 2024-11-29
    historical
20. 2024-10-25
    price
21. 2024-10-07
    listed Active
22. 2023-06-01
    historical
23. 2022-12-13
    listed Active
24. 2022-12-01
    historical
25. 2022-11-03
    price
26. 2022-08-21
    listed Active
27. 2022-08-21
    historical
28. 2022-07-16
    listed Active
29. 2022-05-10
    historical Contingent - No Showings
30. 2022-05-08
    historical
31. 2022-05-05
    price
32. 2022-03-26
    listed Active
33. 2022-03-26
    historical
34. 2022-03-15
    price
35. 2022-02-21
    listed Active
36. 2020-07-27
    soldstatus $170,000
37. 2020-06-19
    soldstatus $170,000 Closed Sale
38. 2020-05-16
    status Contingent (Do Not Show)
39. 2020-05-12
    listed $159,900 New
40. 2002-06-13
    soldstatus $100,000
41. 1987-01-01
    soldstatus $63,000

ⓘ 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: $6,886 · $574/mo
• Projected year-2 tax: $6,886 · $574/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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,520
• − Mortgage interest: −$13,444
• − Property taxes: −$6,886
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,522
• − Management: −$2,522
• − Depreciation: −$6,982
• Taxable loss: −$2,036
• Est. tax savings @ 24.0%: +$489
• After-tax cash flow: $2,200/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 Twp Hsd 205
• NCES district ID: 1738970
• Math proficiency: 7% ▬ 0.00%
• Reading proficiency: 8% ▼ -2.00%
• Median HH income: $43,392
• Composite: 6.92/100
• National rank: #9976
• State rank: #594 of 620 in IL

Livability — Dolton

• Score: 74/100
• State rank: #263
• US rank: #4883

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dolton, IL
• County: Cook County · 4,486,803 people
• City population: 20,825
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 20,825
• Household income: $57,887
• Rent vs Own: 27.4% rent · 72.6% own
• Severe rent burden: 919.0

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 (91%)
• Race & ethnicity: Black 91% White 4% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Spanish 1%

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: ▼ -66.88%
• Current HPI: 193.2346
• Rent YoY: ▲ 9.65%
• 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

+281.0% since first listed

27 events — show timeline

• 2026-05-06 Listed $240,000 MRED as Distributed by MLS Grid
• 2025-08-31 Listing Removed — MRED as Distributed by MLS Grid
• 2025-06-15 Price Changed — MRED as Distributed by MLS Grid
• 2025-05-31 Listed — MRED as Distributed by MLS Grid
• 2024-11-29 Listing Removed — MRED as Distributed by MLS Grid
• 2024-10-25 Price Changed — MRED as Distributed by MLS Grid
• 2024-10-07 Listed — MRED as Distributed by MLS Grid
• 2023-06-01 Listing Removed — MRED as Distributed by MLS Grid
• 2022-12-13 Listed — MRED as Distributed by MLS Grid
• 2022-12-01 Listing Removed — MRED as Distributed by MLS Grid
• 2022-11-03 Price Changed — MRED as Distributed by MLS Grid
• 2022-08-21 Listing Removed — MRED as Distributed by MLS Grid
• 2022-08-21 Listed — MRED as Distributed by MLS Grid
• 2022-07-16 Listed — MRED as Distributed by MLS Grid
• 2022-05-10 Contingent — MRED as Distributed by MLS Grid
• 2022-05-08 Listing Removed — MRED as Distributed by MLS Grid
• 2022-05-05 Price Changed — MRED as Distributed by MLS Grid
• 2022-03-26 Listing Removed — MRED as Distributed by MLS Grid
• 2022-03-26 Listed — MRED as Distributed by MLS Grid
• 2022-03-15 Price Changed — MRED as Distributed by MLS Grid
• 2022-02-21 Listed — MRED as Distributed by MLS Grid
• 2020-07-27 Sold (Public Records) $170,000 Public Records
• 2020-06-19 Sold (MLS) $170,000 MRED as Distributed by MLS Grid
• 2020-05-16 Pending — MRED as Distributed by MLS Grid
• 2020-05-12 Listed $159,900 MRED as Distributed by MLS Grid
• 2002-06-13 Sold (Public Records) $100,000 Public Records
• 1987-01-01 Sold (Public Records) $63,000 Public Records

Property tax history

+3.8%/yr

Latest (2023): $6,886 · +6.2% YoY. Source: county tax records.