14446 Des Plaines St · Harvey, IL 60426

$140,000

3 bd · 1.0 ba · 1,545 sqft · SingleFamily public records · 155 Days on market

Built 1930 3,125 sqft lot Est $125k · 12% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.2/15.0
• Schools +0.7/10.0

Listing remarks MLS

4 BDRM/2 BATH 2-STORY W/RELATED LIVING OPTION AND GARAGE BEING SOLD AS IS. PROOF OF FUNDS REQUIRED. ROOM SIZES ESTIMATED. EARNEST MONEY=CERTIFIED FUNDS. TAXES PRORATED AT 100%. Days1-7: Offers will not be reviewed Day8-12: Offers ONLY from NSP buyers, Municipalities, Non-profit organizations and Owner-occupants will be reviewed.Day13+:all offers considered.

Key facts

• Screenedin porch
• Hardwood floors
• Own gas meter

Tags

• CONVERT INTO A FANTASTIC 2FLAT
• MULTIPLE LIVING CONFIGURATIONS
• INVESTMENT POSSIBILITIES
• SCREENEDIN PORCH
• HARDWOOD FLOORS
• OWN GAS METER

Property features AI

Finance

• Other: Property provides commuter train access and school bus service; Possession at closing; Earnest money is held
• HOA & community: No master association fees required

Exterior

• Parking: Detached owned garage (2 garage spaces, 2 total parking spaces)
• Utilities: Water from Lake Michigan; Public sewer
• Home design: Detached single-family home; Two-story design; Fee simple ownership; Rehab completed in 2025
• Construction: Frame construction; Asphalt roof; Estimated living area; Built more than 90 years ago (built before 1978)
• Exterior features: Lot dimensions approximately 25 x 125; Lot under 0.25 acre; Park nearby

Interior

• Kitchen: Kitchen on the main level (approx. 12 x 13)
• Bedrooms: 4 bedrooms (Master bedroom on the main level); Bedroom dimensions include 13 x 12 (master), 12 x 12, 12 x 11, and 11 x 10
• Flooring: Hardwood flooring throughout
• Bathrooms: 3 full bathrooms; Basement includes bathroom(s)
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: Finished full basement; 7 total rooms; Hardwood floors; School bus service and commuter train access
• Laundry & utility: Laundry room; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $854 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.6% vs local median 9.3% in Harvey — 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 67/100 on livability (#539 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A-; Watch: health & safety D+, schools F, crime 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: 134 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($968 loan paydown + $14k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 155 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 15y ago; this cycle's ask has dropped $110k (44%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $140k implies a 1067% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 155 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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 F 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. 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.
8. 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.
9. 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: 1.58% ✓
• Cap rate: 13.61%
• Cash-on-cash: 26.13%
• DSCR: 2.16
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $125,145
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
665 W 144th St	0.49mi	3/2.0	1,600 (+4%)	1mo	$218,000	$136	66
111 E 144th Ct	0.53mi	3/1.5	1,491 (-4%)	2mo	$105,000	$70	66
14459 Center Ave	0.35mi	3/1.0	1,400 (-9%)	4mo	$35,000	$25	64
308 W 145th Pl	0.55mi	3/1.5	1,488 (-4%)	3mo	$91,000	$61	64
750 W 144th St	0.45mi	4/1.5 (+1)	1,513 (-2%)	11mo	$200,000	$132	60
14510 S Union Ave	0.30mi	2/2.0 (-1)	1,422 (-8%)	7mo	$52,000	$37	58
14524 S Lowe Ave	0.27mi	3/2.0	1,727 (+12%)	9mo	$239,200	$139	56
14411 S Parnell Ave	0.48mi	3/2.0	1,656 (+7%)	8mo	$134,400	$81	55
14629 Kentucky Ave	0.47mi	4/2.0 (+1)	1,504 (-3%)	12mo	$136,000	$90	55
14600 Princeton Ave	0.55mi	3/2.5	1,700 (+10%)	1mo	$122,850	$72	50
14609 Lexington Ave	0.57mi	3/1.0	1,326 (-14%)	3mo	$45,000	$34	48
14533 Myrtle Ave	0.67mi	4/2.5 (+1)	1,704 (+10%)	8mo	$150,000	$88	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 44.0%
• Equity multiple: 4.33×
• Total profit: $130,599
• Equity at exit: $126,123

10-year hold

• IRR: 38.1%
• Equity multiple: 9.72×
• Total profit: $341,820
• Equity at exit: $271,989

Cash invested: $39,200 (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 60426

• Home prices YoY: 6.9%
• Active inventory: 134
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,213 high
• Mortgage (P&I): −$734
• Tax from tax record: −$102 /mo · $1,225/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$465
• Net cashflow: $854

Break-even live

Break-even rent $1,132

Max offer price $140,000

Occupancy floor 56%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14844 Wabash Ave Dolton, IL	3.0	1.5	1277	$2,320	$1.82	24d	1	0.94mi
19 E 140th Ct Riverdale, IL	3.0	2.0	2076	$2,231	$1.07	7d	1	1.31mi
15411 Myrtle Ave Unit 2 Harvey, IL	2.0	1.0	2200	$1,800	$0.82	24d	1	1.39mi
13708 S Wentworth Ave Riverdale, IL	3.0	1.5	1500	$2,200	$1.47	22d	1	1.43mi
14124 Manor Ave Dolton, IL	3.0	2.0	1440	$2,390	$1.66	24d	1	1.47mi

Listing history 26 events

1. 2026-06-18
   days on market $140,000 Active 155 DOM
2. 2026-06-17
   days on market $140,000 Active 154 DOM
3. 2026-06-16
   days on market $140,000 Active 153 DOM
4. 2026-06-15
   days on market $140,000 Active 152 DOM
5. 2026-06-13
   days on market $140,000 Active 150 DOM
6. 2026-06-13
   days on market $140,000 Active 149 DOM
7. 2026-06-09
   days on market $140,000 Active 146 DOM
8. 2026-06-08
   days on market $140,000 Active 145 DOM
9. 2026-06-07
   days on market $140,000 Active 144 DOM
10. 2026-06-04
    days on market $140,000 Active 141 DOM
11. 2026-06-03
    days on market $140,000 Active 140 DOM
12. 2026-06-02
    days on market $140,000 Active 139 DOM
13. 2026-06-01
    days on market $140,000 Active 138 DOM
14. 2026-05-31
    days on market $140,000 Active 137 DOM
15. 2026-04-28
    price $140,000
16. 2026-02-20
    price $150,000
17. 2026-02-07
    price $199,900
18. 2026-01-26
    price $225,000
19. 2026-01-14
    listed $250,000 Active
20. 2011-07-08
    soldstatus $12,000
21. 2011-06-15
    soldstatus $12,000 Closed Sale 360-char remark

    Show marketing remark (360 chars)

    4 BDRM/2 BATH 2-STORY W/RELATED LIVING OPTION AND GARAGE BEING SOLD AS IS. PROOF OF FUNDS REQUIRED. ROOM SIZES ESTIMATED. EARNEST MONEY=CERTIFIED FUNDS. TAXES PRORATED AT 100%. Days1-7: Offers will not be reviewed Day8-12: Offers ONLY from NSP buyers, Municipalities, Non-profit organizations and Owner-occupants will be reviewed.Day13+:all offers considered.

22. 2011-03-29
    status Pending 360-char remark

    Show marketing remark (360 chars)

    4 BDRM/2 BATH 2-STORY W/RELATED LIVING OPTION AND GARAGE BEING SOLD AS IS. PROOF OF FUNDS REQUIRED. ROOM SIZES ESTIMATED. EARNEST MONEY=CERTIFIED FUNDS. TAXES PRORATED AT 100%. Days1-7: Offers will not be reviewed Day8-12: Offers ONLY from NSP buyers, Municipalities, Non-profit organizations and Owner-occupants will be reviewed.Day13+:all offers considered.

23. 2011-03-09
    listed $13,000 New 360-char remark

    Show marketing remark (360 chars)

    4 BDRM/2 BATH 2-STORY W/RELATED LIVING OPTION AND GARAGE BEING SOLD AS IS. PROOF OF FUNDS REQUIRED. ROOM SIZES ESTIMATED. EARNEST MONEY=CERTIFIED FUNDS. TAXES PRORATED AT 100%. Days1-7: Offers will not be reviewed Day8-12: Offers ONLY from NSP buyers, Municipalities, Non-profit organizations and Owner-occupants will be reviewed.Day13+:all offers considered.

24. 2007-01-26
    soldstatus $170,000
25. 2002-05-01
    soldstatus $90,000
26. 1993-05-13
    soldstatus $54,890

ⓘ 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: $1,225 · $102/mo
• Projected year-2 tax: $2,202 · $183/mo
• Expected delta: +$976/yr (+$81/mo · 79.7%)

ⓘ 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: $26,554
• − Mortgage interest: −$7,842
• − Property taxes: −$1,225
• − Insurance: −$700
• − Repairs & maintenance: −$2,124
• − Management: −$2,124
• − Depreciation: −$4,073
• Taxable income: $8,466
• Est. tax owed @ 24.0%: −$2,032
• After-tax cash flow: $8,211/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 — Harvey

• Score: 67/100
• State rank: #539
• US rank: #11162

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harvey, IL
• City population: 23,066
• Population (ZIP): 23,066

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: Majority Black (59%)
• Race & ethnicity: Black 59% Hispanic / Latino 33% Two or more races 12% White 3% Asian 2%
• Hispanic origin (detail): Mexican 31%
• Foreign-born: 17% · Canada
• Languages at home: 67% English-only · Spanish 30% Other Indo-European 2% French/Haitian/Cajun 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: ▲ 20.36%
• Current HPI: 313.7895
• 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

+155.1% since first listed

12 events — show timeline

• 2026-04-28 Price Changed $140,000 MRED as Distributed by MLS Grid
• 2026-02-20 Price Changed $150,000 MRED as Distributed by MLS Grid
• 2026-02-07 Price Changed $199,900 MRED as Distributed by MLS Grid
• 2026-01-26 Price Changed $225,000 MRED as Distributed by MLS Grid
• 2026-01-14 Listed $250,000 MRED as Distributed by MLS Grid
• 2011-07-08 Sold (Public Records) $12,000 Public Records
• 2011-06-15 Sold (MLS) $12,000 MRED as Distributed by MLS Grid
• 2011-03-29 Pending — MRED as Distributed by MLS Grid
• 2011-03-09 Listed $13,000 MRED as Distributed by MLS Grid
• 2007-01-26 Sold (Public Records) $170,000 Public Records
• 2002-05-01 Sold (Public Records) $90,000 Public Records
• 1993-05-13 Sold (Public Records) $54,890 Public Records

Property tax history

+6.0%/yr

Latest (2023): $1,225 · +27.0% YoY. Source: county tax records.