3307 Fountainbleau Dr · Hazel Crest, IL 60429

$180,500

3 bd · 1.5 ba · 1,379 sqft · SingleFamily public records · 8 Days on market

Built 1971 7,379 sqft lot Est $221k · 18% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your dream home! This contemporary gem offers a fresh and inviting atmosphere, boasting a modern open-concept design that's perfect for both relaxation and entertaining. With 3 bedrooms and 2.5 bathrooms, this house has been thoughtfully updated to meet all your needs. Step inside and be captivated by the airy and bright living space, featuring large windows that flood the area with natural light. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a spacious and versatile space that adapts to your lifestyle. Whether you're hosting a dinner party or enjoying a cozy evening in, this home effortlessly accommodates it all. Escape to the outdoors through the sliding glass doors, and you'll find yourself on the expansive back porch. This versatile area is tailor-made for hosting barbecues, outdoor gatherings, or simply unwinding after a long day. Embrace the serenity of your private oasis, surrounded by lush landscaping and plenty of space for outdoor furniture and activities. SCHEDULE YOUR SHOWING TODAY !!!

Key facts

• Custom cabinetry
• Modern design
• Spacious living area

Tags

• VAULTED CEILINGS
• OPEN-CONCEPT LAYOUT
• MODERN DESIGN
• CUSTOM CABINETRY
• SPACIOUS LIVING AREA
• FIREPLACE

Property features AI

Finance

• Other: Property not currently leased; Possession at closing
• HOA & community: No master association fee required

Exterior

• Parking: Attached garage (owned) with 2 garage spaces; Asphalt driveway; Two total parking spaces
• Utilities: Water from Lake Michigan; Public sewer; Electric with circuit breakers
• Home design: Detached single-family home; Split-level design; Fee simple ownership; Built before 1978
• Construction: Vinyl siding and brick exterior; Asphalt roof; Concrete perimeter foundation; Estimated age 51–60 years
• Exterior features: Lot dimensions approximately 60 x 123; Lot under 0.25 acre

Interior

• Kitchen: Kitchen on main level (10 x 9)
• Bedrooms: Master bedroom on main level (14 x 11) with full bath; Two additional main-level bedrooms (13 x 10; 12 x 10)
• Bathrooms: Two full bathrooms; One half bathroom; Basement contains a bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Partially finished basement; Seven total rooms
• Laundry & utility: Lower-level laundry room (6 x 5)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $724 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 11.1% vs local median 8.9% in Hazel Crest — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#229 in IL, #4,242 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, schools D-, crime F.
• Bremen Chsd 228 (suburban): math 15% / reading 17% proficiency, ranked #468 of 620 in IL (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 80 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $51k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 17y ago; this cycle's ask has dropped $46k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $180,500

Questions for the listing agent

1. Built in 1971 — 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 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?
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: 1.38% ✓
• Cap rate: 11.11%
• Cash-on-cash: 17.19%
• DSCR: 1.76
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $220,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3216 Charlemagne Ave	0.07mi	3/1.5	1,399 (+2%)	2mo	$195,000	$139	93
3411 Montmarte Ave	0.19mi	3/1.5	1,347 (-2%)	6mo	$215,000	$160	82
18120 Versailles Ln	0.25mi	3/2.0	1,360 (-1%)	4mo	$219,000	$161	81
3309 Fountainbleau Dr	0.01mi	3/1.5	1,176 (-15%)	10mo	$233,000	$198	67
17861 Harvard Ln	0.33mi	4/2.0 (+1)	1,333 (-3%)	7mo	$280,000	$210	66
3501 Fountainbleau Dr	0.26mi	3/1.5	1,507 (+9%)	8mo	$227,500	$151	66
3403 Fountainbleau Dr	0.12mi	4/2.5 (+1)	1,550 (+12%)	0mo	$246,500	$159	64
17622 Oakwood Dr	0.60mi	3/1.5	1,257 (-9%)	3mo	$115,000	$91	54
17781 Yale Ln	0.34mi	4/2.0 (+1)	1,200 (-13%)	2mo	$141,500	$118	54
3761 Kirk Ct	0.60mi	4/2.0 (+1)	1,296 (-6%)	7mo	$275,000	$212	50
17840 Princeton Ln	0.42mi	4/2.0 (+1)	1,583 (+15%)	8mo	$289,000	$183	42
3608 175th Pl	0.69mi	4/2.0 (+1)	1,564 (+13%)	10mo	$192,000	$123	30

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: 8.5%
• Equity multiple: 1.33×
• Total profit: $16,897
• Equity at exit: $26,913

10-year hold

• IRR: 17.8%
• Equity multiple: 2.47×
• Total profit: $74,239
• Equity at exit: $15,606

Cash invested: $50,540 (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 60429

• Home prices YoY: -14.0%
• Active inventory: 80
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $2,495 high
• Mortgage (P&I): −$947
• Tax est. 1.5%: −$226 /mo · $2,708/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$524
• Net cashflow: $724

Break-even live

Break-even rent $1,579

Max offer price $180,500

Occupancy floor 66%

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: $45,125
• Closing costs: $5,415
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3515 Bordeaux Ct Hazel Crest, IL	4.0	2.0	1486	$2,900	$1.95	1d	1	0.29mi
2722 Larkspur Ln Hazel Crest, IL	3.0	1.5	1441	$2,650	$1.84	12d	1	0.83mi
17306 Holmes Ave Hazel Crest, IL	3.0	2.0	1535	$2,195	$1.43	4d	1	0.90mi
17984 Amherst Ct Country Club Hills, IL	2.0	1.0	1000	$1,900	$1.90	1d	1	0.94mi
17306 Peach Grove Ln Hazel Crest, IL	4.0	1.0	1034	$2,700	$2.61	1d	1	1.01mi
18019 Ravisloe Ter Country Club Hills, IL	3.0	1.5	1150	$2,800	$2.43	1d	1	1.11mi
1153 Williamsburg Rd Country Club Hills, IL	2.0	1.5	1216	$1,900	$1.56	1d	1	1.16mi
4453 Provincetown Dr Country Club Hills, IL	3.0	2.5	1300	$2,500	$1.92	1d	1	1.17mi
2420 183rd St Homewood, IL	2.0	1.0	1100	$1,750	$1.59	10d	1	1.17mi
2256 Windsor Ln Country Club Hills, IL	3.0	1.0	1212	$2,250	$1.86	1d	1	1.27mi
3900 171st St Country Club Hills, IL	3.0	1.0	1750	$2,250	$1.29	7d	1	1.29mi
4193 186th St Country Club Hills, IL	4.0	2.5	1704	$3,200	$1.88	1d	1	1.33mi
2223 Hawthorne Rd Homewood, IL	3.0	2.0	1552	$2,300	$1.48	24d	1	1.38mi
17561 Hillside Ave Homewood, IL	3.0	1.0	1174	$2,500	$2.13	16d	1	1.41mi
17561 Hillside Ave Homewood, IL	3.0	1.0	1174	$2,300	$1.96	1d	1	1.41mi

Listing history 40 events

1. 2026-06-17
   status $180,500 Pending 8 DOM
2. 2026-06-16
   days on market $180,500 Active 8 DOM
3. 2026-06-15
   days on market $180,500 Active 7 DOM
4. 2026-06-13
   days on market $180,500 Active 5 DOM
5. 2026-06-09
   pricedays on marketlisting id $180,500 Active 1 DOM
6. 2026-06-08
   days on market $226,000 Active 39 DOM
7. 2026-06-07
   days on market $226,000 Active 38 DOM
8. 2026-06-04
   days on market $226,000 Active 35 DOM
9. 2026-06-03
   days on market $226,000 Active 34 DOM
10. 2026-06-02
    days on market $226,000 Active 33 DOM
11. 2026-06-01
    days on market $226,000 Active 32 DOM
12. 2026-05-31
    days on market $226,000 Active 31 DOM
13. 2026-04-30
    listed $226,000 Active
14. 2023-08-30
    soldstatus $275,000
15. 2023-08-28
    soldstatus $275,000 Closed 1078-char remark

    Show marketing remark (1078 chars)

    Welcome to your dream home! This contemporary gem offers a fresh and inviting atmosphere, boasting a modern open-concept design that's perfect for both relaxation and entertaining. With 3 bedrooms and 2.5 bathrooms, this house has been thoughtfully updated to meet all your needs. Step inside and be captivated by the airy and bright living space, featuring large windows that flood the area with natural light. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a spacious and versatile space that adapts to your lifestyle. Whether you're hosting a dinner party or enjoying a cozy evening in, this home effortlessly accommodates it all. Escape to the outdoors through the sliding glass doors, and you'll find yourself on the expansive back porch. This versatile area is tailor-made for hosting barbecues, outdoor gatherings, or simply unwinding after a long day. Embrace the serenity of your private oasis, surrounded by lush landscaping and plenty of space for outdoor furniture and activities. SCHEDULE YOUR SHOWING TODAY !!!

16. 2023-08-01
    historical Contingent - No Showings 1078-char remark

    Show marketing remark (1078 chars)

    Welcome to your dream home! This contemporary gem offers a fresh and inviting atmosphere, boasting a modern open-concept design that's perfect for both relaxation and entertaining. With 3 bedrooms and 2.5 bathrooms, this house has been thoughtfully updated to meet all your needs. Step inside and be captivated by the airy and bright living space, featuring large windows that flood the area with natural light. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a spacious and versatile space that adapts to your lifestyle. Whether you're hosting a dinner party or enjoying a cozy evening in, this home effortlessly accommodates it all. Escape to the outdoors through the sliding glass doors, and you'll find yourself on the expansive back porch. This versatile area is tailor-made for hosting barbecues, outdoor gatherings, or simply unwinding after a long day. Embrace the serenity of your private oasis, surrounded by lush landscaping and plenty of space for outdoor furniture and activities. SCHEDULE YOUR SHOWING TODAY !!!

17. 2023-07-18
    listed $279,900 Active 1078-char remark

    Show marketing remark (1078 chars)

    Welcome to your dream home! This contemporary gem offers a fresh and inviting atmosphere, boasting a modern open-concept design that's perfect for both relaxation and entertaining. With 3 bedrooms and 2.5 bathrooms, this house has been thoughtfully updated to meet all your needs. Step inside and be captivated by the airy and bright living space, featuring large windows that flood the area with natural light. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating a spacious and versatile space that adapts to your lifestyle. Whether you're hosting a dinner party or enjoying a cozy evening in, this home effortlessly accommodates it all. Escape to the outdoors through the sliding glass doors, and you'll find yourself on the expansive back porch. This versatile area is tailor-made for hosting barbecues, outdoor gatherings, or simply unwinding after a long day. Embrace the serenity of your private oasis, surrounded by lush landscaping and plenty of space for outdoor furniture and activities. SCHEDULE YOUR SHOWING TODAY !!!

18. 2018-12-18
    soldstatus $30,000 Closed Sale 149-char remark

    Show marketing remark (149 chars)

    Large single family home in great location. Great value add opportunity. Home has fire damage room sizes are estimated please verify all information.

19. 2018-11-16
    historical Contingent 149-char remark

    Show marketing remark (149 chars)

    Large single family home in great location. Great value add opportunity. Home has fire damage room sizes are estimated please verify all information.

20. 2018-10-29
    listed $33,000 New 149-char remark

    Show marketing remark (149 chars)

    Large single family home in great location. Great value add opportunity. Home has fire damage room sizes are estimated please verify all information.

21. 2015-04-01
    soldstatus $96,500
22. 2015-03-24
    soldstatus $96,500 Closed Sale
23. 2014-11-20
    historical Contingent
24. 2014-11-02
    price $100,000
25. 2014-09-16
    price $120,000 Price Change
26. 2014-08-13
    price $134,000 Price Change
27. 2014-07-05
    listed $164,000 New
28. 2012-10-17
    historical
29. 2012-09-08
    listed New
30. 2010-08-05
    historical
31. 2010-07-30
    status Active
32. 2010-07-28
    historical
33. 2010-07-28
    status Active
34. 2010-07-28
    historical
35. 2010-07-19
    price
36. 2010-07-17
    listed New
37. 2010-01-22
    historical
38. 2009-07-21
    listed New
39. 2006-06-16
    soldstatus $170,000
40. 1989-01-03
    soldstatus $69,900

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

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 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,944
• − Mortgage interest: −$10,111
• − Property taxes: −$2,708
• − Insurance: −$902
• − Repairs & maintenance: −$2,396
• − Management: −$2,396
• − Depreciation: −$5,251
• Taxable income: $6,182
• Est. tax owed @ 24.0%: −$1,484
• After-tax cash flow: $7,204/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: Bremen Chsd 228
• NCES district ID: 1707050
• Math proficiency: 15% ▼ -4.00%
• Reading proficiency: 17% ▼ -5.00%
• Median HH income: $57,625
• Composite: 15.32/100
• National rank: #9327
• State rank: #468 of 620 in IL

Livability — Hazel Crest

• Score: 75/100
• State rank: #229
• US rank: #4242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Crest, IL
• City population: 14,602
• Population (ZIP): 14,602

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 (83%)
• Race & ethnicity: Black 83% White 7% Hispanic / Latino 7% Two or more races 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 1% Iranian 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 6%

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: ▼ -46.04%
• Current HPI: 282.3552
• 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

+223.3% since first listed

28 events — show timeline

• 2026-04-30 Listed $226,000 MRED as Distributed by MLS Grid
• 2023-08-30 Sold (Public Records) $275,000 Public Records
• 2023-08-28 Sold (MLS) $275,000 MRED as Distributed by MLS Grid
• 2023-08-01 Contingent — MRED as Distributed by MLS Grid
• 2023-07-18 Listed $279,900 MRED as Distributed by MLS Grid
• 2018-12-18 Sold (MLS) $30,000 MRED as Distributed by MLS Grid
• 2018-11-16 Contingent — MRED as Distributed by MLS Grid
• 2018-10-29 Listed $33,000 MRED as Distributed by MLS Grid
• 2015-04-01 Sold (Public Records) $96,500 Public Records
• 2015-03-24 Sold (MLS) $96,500 MRED as Distributed by MLS Grid
• 2014-11-20 Contingent — MRED as Distributed by MLS Grid
• 2014-11-02 Price Changed $100,000 MRED as Distributed by MLS Grid
• 2014-09-16 Price Changed $120,000 MRED as Distributed by MLS Grid
• 2014-08-13 Price Changed $134,000 MRED as Distributed by MLS Grid
• 2014-07-05 Listed $164,000 MRED as Distributed by MLS Grid
• 2012-10-17 Listing Removed — MRED as Distributed by MLS Grid
• 2012-09-08 Listed — MRED as Distributed by MLS Grid
• 2010-08-05 Listing Removed — MRED as Distributed by MLS Grid
• 2010-07-30 Relisted — MRED as Distributed by MLS Grid
• 2010-07-28 Listing Removed — MRED as Distributed by MLS Grid
• 2010-07-28 Relisted — MRED as Distributed by MLS Grid
• 2010-07-28 Listing Removed — MRED as Distributed by MLS Grid
• 2010-07-19 Price Changed — MRED as Distributed by MLS Grid
• 2010-07-17 Listed — MRED as Distributed by MLS Grid
• 2010-01-22 Listing Removed — MRED as Distributed by MLS Grid
• 2009-07-21 Listed — MRED as Distributed by MLS Grid
• 2006-06-16 Sold (Public Records) $170,000 Public Records
• 1989-01-03 Sold (Public Records) $69,900 Public Records

Property tax history

+6.5%/yr

Latest (2023): $9,734 · +29.3% YoY. Source: county tax records.