2743 Rourke Dr · Aurora, IL 60503

$499,900

4 bd · 2.5 ba · 2,195 sqft · SingleFamily public records · 38 Days on market

Built 2004 8,032 sqft lot $228/sqft · at area comps Est $522k · at est. $34/mo HOA · 1% of rent

---

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).

• Appreciation +10.0/10.0
• ARV discount +9.4/15.0
• Cash flow +4.3/30.0
• Livability +3.8/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.2/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Great find in sought after Amber Fields subdivision. Nice size formal Living Room and Dining Room, open concept, eat-in Kitchen and adjacent Family Room with fireplace. Large windows allows for lots of light. Full basement gives lots of storage options. Attached 2-car garage and paver patio. This is a Fannie Mae Homepath property.

Key facts

• 8,032 sq ft lot
• 2 garage spots
• Built 2004

Property features AI

Finance

• HOA & community: Annual association fee (insurance included)

Exterior

• Parking: Attached garage (2 garage spaces, 2 total parking spaces)
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; Two-story layout; Fee simple ownership with homeowners association
• Construction: Built approximately 21–25 years ago; Vinyl siding
• Exterior features: Lot dimensions approximately 56 x 143 x 89 x 117; Lot is less than 0.25 acre; School bus service available

Interior

• Kitchen: Eating area/table space; Pantry/closet; Microwave; Dishwasher; Refrigerator
• Bedrooms: 5 bedrooms total (Master bedroom on the second level; additional bedrooms on second and main levels)
• Flooring: Hardwood in main living areas and kitchen; Carpet in multiple bedrooms and living/family rooms; Vinyl in laundry
• Bathrooms: 2 full bathrooms; 2 half bathrooms
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Finished full basement; Separate dining room; One fireplace in the family room; 9 total rooms
• Laundry & utility: Upper-level laundry (washer and dryer included); Sump pump with backup; CO detectors

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $500k.

Deal economics

• At list price, monthly cash flow is $-1k ($-16k/yr) — negative.
• To cash-flow at today's rent, offer at most $264k (47.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $311k (37.8% below list).
• Recommended offer: $264k (47.2% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 75/100 on livability (#232 in IL, #4,272 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A-; Watch: amenities F, health & safety F.
• CUSD 308 (suburban): math 29% / reading 34% proficiency, ranked #179 of 620 in IL (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 20% free/reduced lunch — higher-income household profile.
• Zoned schools: Wolfs Crossing Elem School (math 42% / reading 42%, grade F, #336 of 2,056 statewide, top 18%, 485 students, 0% FRL); Bednarcik Junior High School (math 39% / reading 38%, grade F, #154 of 665 statewide, top 24%, 571 students, 0% FRL); Oswego East High School (math 35% / reading 40%, grade F, #104 of 693 statewide, top 15%, 2,836 students, 0% FRL) — zoned schools average 0% FRL vs 20% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 122 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 706 units permitted in Kendall County in 2024 (263 in 5+ unit buildings).

Forward outlook

• In year one you build about $53k of equity ($3k loan paydown + $50k appreciation (10.0% local appreciation)).
• Kendall County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$86k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($485k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y 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 $240k; list at $500k implies a 108% gain — meaningful room to come down on a strong offer.

Recommended offer $263,929 (47.2% 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. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 47% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
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: 0.62% ✗
• Cap rate: 3.09%
• Cash-on-cash: -11.45%
• DSCR: 0.49
• GRM: 13.4

CMA / ARV

• ARV (median comp): $522,260
• List price: $499,900
• Delta: -4.28%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2382 Shiloh Dr	0.50mi	3/2.5 (-1)	2,130 (-3%)	1mo	$440,000	$207	66
2474 Spring Valley Ct	0.55mi	4/2.5	2,157 (-2%)	8mo	$445,000	$206	64
2811 Imperial Valley Trl	0.52mi	4/2.5	2,000 (-9%)	0mo	$398,000	$199	61
2384 Shiloh Dr	0.50mi	4/2.5	2,120 (-3%)	13mo	$475,000	$224	60
2664 Stuart Kaplan Dr	0.63mi	3/2.5 (-1)	2,227 (+2%)	9mo	$410,000	$184	56
2367 Wilson Creek Cir	0.53mi	4/2.5	2,055 (-6%)	13mo	$496,000	$241	53
3149 Bellwether Dr	0.70mi	3/3.0 (-1)	2,213 (+1%)	7mo	$763,334	$345	53
2774 Imperial Valley Trl	0.57mi	4/2.5	2,344 (+7%)	12mo	$525,000	$224	52
2282 Shiloh Dr	0.44mi	3/3.5 (-1)	2,100 (-4%)	14mo	$480,000	$229	52
3289 Wildlight Rd	0.70mi	3/3.0 (-1)	2,273 (+4%)	7mo	$609,833	$268	48
412 Baker Ct	0.63mi	4/2.5	2,415 (+10%)	12mo	$471,500	$195	44
3212 Peyton Cir	0.70mi	3/2.5 (-1)	2,391 (+9%)	14mo	$586,309	$245	36

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: 16.3%
• Equity multiple: 2.34×
• Total profit: $187,437
• Equity at exit: $450,350

10-year hold

• IRR: 15.6%
• Equity multiple: 5.43×
• Total profit: $619,381
• Equity at exit: $971,196

Cash invested: $139,972 (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 60503

• Home prices YoY: 4.6%
• Active inventory: 122
• Price-to-rent: 13.4×

Monthly cashflow live

• Estimated rent: $3,110 high
• Mortgage (P&I): −$2,622
• Tax from tax record: −$929 /mo · $11,145/yr
• Insurance: −$208
• HOA: −$34
• Vacancy / Maint / Mgmt: −$653
• Net cashflow: $-1,336

Break-even live

Break-even rent $4,801

Max offer price $263,929

Occupancy floor —

Sensitivity live

Price	-10% $-1,053	-5% $-1,194	+0% $-1,336	+5% $-1,477	+10% $-1,619
Rent	-10% $-1,581	-5% $-1,459	+0% $-1,336	+5% $-1,213	+10% $-1,090
Rate	-1.0pp $-1,084	-0.5pp $-1,209	base $-1,336	+0.5pp $-1,465	+1.0pp $-1,597

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: $124,975
• Closing costs: $14,997
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2036 Antietam Ct Aurora, IL	4.0	2.5	2345	$3,450	$1.47	4d	1	0.16mi
260 Devoe Dr Oswego, IL	3.0	2.5	1704	$2,400	$1.41	14d	1	0.31mi
337 Devoe Dr #337 Oswego, IL	3.0	2.5	1500	$2,600	$1.73	26d	1	0.33mi
347 Devoe Dr Oswego, IL	3.0	2.5	1520	$2,595	$1.71	14d	1	0.35mi
464 Valentine Way Oswego, IL	3.0	2.5	2071	$2,800	$1.35	0d	1	0.50mi
159 Chapin Way Oswego, IL	4.0	3.5	2415	$3,500	$1.45	20d	1	0.71mi
2337 Summerlin Dr Aurora, IL	3.0	1.5	1700	$2,500	$1.47	45d	1	0.77mi
652 Lincoln Station Dr Oswego, IL	3.0	2.5	1500	$1,999	$1.33	19d	1	0.81mi
652 Lincoln Station Dr Oswego, IL	3.0	2.5	1500	$1,999	$1.33	5d	1	0.81mi
2873 Carlsbad Cir Aurora, IL	3.0	2.5	1626	$2,990	$1.84	45d	1	0.87mi
2531 Congress Ave #2531 Aurora, IL	3.0	2.5	1532	$2,500	$1.63	45d	1	0.88mi
2226 Daybreak Dr #2226 Aurora, IL	3.0	2.5	1627	$2,500	$1.54	45d	1	0.89mi
2270 Georgetown Cir Unit 2270 Aurora, IL	3.0	2.5	1533	$2,800	$1.83	45d	1	0.99mi
2575 Hillsboro Blvd Aurora, IL	3.0	2.5	1530	$2,500	$1.63	45d	1	1.01mi
2598 Hillsboro Blvd Aurora, IL	3.0	2.5	1482	$2,395	$1.62	22d	1	1.04mi
1801 Turtle Creek Dr Aurora, IL	3.0	2.5	1794	$3,300	$1.84	20d	1	1.07mi
421 Hathaway Ln Oswego, IL	3.0	2.5	2074	$3,850	$1.86	45d	1	1.07mi
246 Cooney Way Oswego, IL	3.0	2.5	1767	$2,800	$1.58	45d	1	1.08mi
2048 Canyon Creek Ct Aurora, IL	4.0	2.5	1794	$3,400	$1.90	24d	1	1.09mi
1998 Conway Ln Aurora, IL	4.0	2.5	2304	$3,200	$1.39	45d	1	1.23mi
1870 Canyon Creek Dr Aurora, IL	5.0	2.5	2051	$4,200	$2.05	13d	1	1.23mi
2136 Bodega Rd Unit 2136 Oswego, IL	3.0	2.5	1543	$2,800	$1.81	26d	1	1.46mi
2132 Bodega Rd Oswego, IL	3.0	2.5	1543	$2,600	$1.69	5d	1	1.46mi

HOA detail

• Monthly dues: $34 · $408/yr

Listing history 25 events

1. 2026-06-21
   days on market $499,900 Active 38 DOM
2. 2026-06-18
   days on market $499,900 Active 35 DOM
3. 2026-06-17
   days on market $499,900 Active 34 DOM
4. 2026-06-16
   days on market $499,900 Active 33 DOM
5. 2026-06-15
   days on market $499,900 Active 32 DOM
6. 2026-06-13
   days on market $499,900 Active 30 DOM
7. 2026-06-09
   days on market $499,900 Active 26 DOM
8. 2026-06-08
   days on market $499,900 Active 25 DOM
9. 2026-06-07
   days on market $499,900 Active 24 DOM
10. 2026-06-04
    days on market $499,900 Active 21 DOM
11. 2026-06-03
    days on market $499,900 Active 20 DOM
12. 2026-06-02
    days on market $499,900 Active 19 DOM
13. 2026-06-01
    days on market $499,900 Active 18 DOM
14. 2026-05-31
    days on market $499,900 Active 17 DOM
15. 2026-05-15
    listed $499,900 Active 1262-char remark
16. 2018-01-02
    soldstatus $240,000 Closed Sale 332-char remark

    Show marketing remark (332 chars)

    Great find in sought after Amber Fields subdivision. Nice size formal Living Room and Dining Room, open concept, eat-in Kitchen and adjacent Family Room with fireplace. Large windows allows for lots of light. Full basement gives lots of storage options. Attached 2-car garage and paver patio. This is a Fannie Mae Homepath property.

17. 2017-11-28
    historical Contingent 332-char remark

    Show marketing remark (332 chars)

    Great find in sought after Amber Fields subdivision. Nice size formal Living Room and Dining Room, open concept, eat-in Kitchen and adjacent Family Room with fireplace. Large windows allows for lots of light. Full basement gives lots of storage options. Attached 2-car garage and paver patio. This is a Fannie Mae Homepath property.

18. 2017-11-16
    listed $252,000 New 332-char remark

    Show marketing remark (332 chars)

    Great find in sought after Amber Fields subdivision. Nice size formal Living Room and Dining Room, open concept, eat-in Kitchen and adjacent Family Room with fireplace. Large windows allows for lots of light. Full basement gives lots of storage options. Attached 2-car garage and paver patio. This is a Fannie Mae Homepath property.

19. 2017-09-12
    status Reactivated
20. 2017-09-12
    historical
21. 2017-08-19
    historical Contingent
22. 2017-08-03
    price
23. 2017-07-29
    price
24. 2017-06-30
    price
25. 2017-05-31
    listed New

ⓘ 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: $11,145 · $929/mo
• Projected year-2 tax: $11,247 · $937/mo
• Expected delta: +$101/yr (+$8/mo · 0.9%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,319
• − Mortgage interest: −$28,002
• − Property taxes: −$11,145
• − Insurance: −$2,500
• − Repairs & maintenance: −$2,986
• − Management: −$2,986
• − HOA: −$408
• − Depreciation: −$14,543
• Taxable loss: −$25,250
• Est. tax savings @ 24.0%: +$6,060
• After-tax cash flow: $-9,969/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: CUSD 308
• NCES district ID: 1730270
• Math proficiency: 29% ▼ -10.00%
• Reading proficiency: 34% ▼ -9.00%
• Median HH income: $89,945
• Composite: 31.25/100
• National rank: #6028
• State rank: #179 of 620 in IL

Livability — Aurora

• Score: 75/100
• State rank: #232
• US rank: #4272

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aurora, IL
• County: Will County · 412,448 people
• City population: 186,692
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 16,789
• Household income: $136,726
• Rent vs Own: 9.8% rent · 90.2% own
• Severe rent burden: 19.0

Population outlook (Kendall County) Hauer SSP2

• Today (2025): 138,283 people
• By 2030: 144,935 · +4.8%
• By 2040: 156,944 · +13.5%
• By 2050: 165,424 · +19.6%
• By 2075: 174,715 · +26.3%
• By 2100: 168,523 · +21.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 49% Asian 19% Black 14% Hispanic / Latino 14% Two or more races 7%
• Hispanic origin (detail): Mexican 11% Puerto Rican 1%
• Common ancestry: Romanian 10% Scandinavian 3% Italian 1%
• Foreign-born: 22% · Canada, China, Vietnam
• Languages at home: 68% English-only · Other Indo-European 11% Spanish 8% Other Asian/Pacific 4%

Political lean MEDSL · Kendall

• 2024 margin: Toss-up / Even · D 50.0% · R 48.5% · Other 1.6%
• 2008→2024 swing: -5.7pp toward R · 2008: 7.2pp · 2024: 1.5pp
• All cycles: 2024: D+1.5 2020: D+5.7 2016: R+1.5 2012: R+4.1 2008: D+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 10.31%
• Current HPI: 232.382
• Rent YoY: —
• 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

+98.4% since first listed

11 events — show timeline

• 2026-05-15 Listed $499,900 MRED as Distributed by MLS Grid
• 2018-01-02 Sold (MLS) $240,000 MRED as Distributed by MLS Grid
• 2017-11-28 Contingent — MRED as Distributed by MLS Grid
• 2017-11-16 Listed $252,000 MRED as Distributed by MLS Grid
• 2017-09-12 Relisted — MRED as Distributed by MLS Grid
• 2017-09-12 Listing Removed — MRED as Distributed by MLS Grid
• 2017-08-19 Contingent — MRED as Distributed by MLS Grid
• 2017-08-03 Price Changed — MRED as Distributed by MLS Grid
• 2017-07-29 Price Changed — MRED as Distributed by MLS Grid
• 2017-06-30 Price Changed — MRED as Distributed by MLS Grid
• 2017-05-31 Listed — MRED as Distributed by MLS Grid

Property tax history

+3.2%/yr

Latest (2024): $11,145 · +4.5% YoY. Source: county tax records.