14135 Lincoln Ave · Dolton, IL 60419

$247,500

3 bd · 1.5 ba · 1,380 sqft · SingleFamily public records · 12 Days on market

Built 1921 Est $211k · 17% over ↓ 5% since listing

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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 +15.5/30.0
• Rent growth +4.9/5.0
• DSCR +4.8/10.0
• 1% rule +4.3/10.0
• 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

WELCOME HOME! This beautifully renovated 5-bedroom, 3-bathroom residence offers the perfect blend of modern design, functionality, and space for today's lifestyle. Step inside to discover an open-concept floor plan featuring gorgeous hardwood flooring, recessed lighting, and stylish finishes throughout the main level. The stunning kitchen is the heart of the home, showcasing quartz countertops, ample cabinetry, a spacious breakfast bar with seating, and a complete stainless steel appliance package included with the home. The main level offers four generously sized bedrooms and two beautifully updated full bathrooms, including a spacious primary suite featuring a large walk-in closet. Relax

Key facts

• Quartz countertops
• Ample cabinetry
• Recessed lighting

Tags

• OPEN-CONCEPT FLOOR PLAN
• GORGEOUS HARDWOOD FLOORING
• RECESSED LIGHTING
• STUNNING KITCHEN
• QUARTZ COUNTERTOPS
• AMPLE CABINETRY

Property features AI

Finance

• Other: Possession at closing; Earnest money is required to be held; Some photos are virtually staged
• HOA & community: No master association fee required

Exterior

• Parking: Space for 4 vehicles; Side driveway and front driveway
• Utilities: Water source: Lake Michigan; Public sewer; Electricity and gas (natural gas heating)
• Home design: Detached single-family home; Single-story layout; Fee simple ownership; Underwent rehab in 2026; Property is over 100 years old; Built before 1978
• Construction: Vinyl siding; Asphalt roof
• Exterior features: Lot smaller than 0.25 acre; Lot dimensions: 11,948 (units as provided)

Interior

• Kitchen: Kitchen on main level (11 x 12, hardwood flooring)
• Bedrooms: 4 bedrooms on main level; 1 additional bedroom in the basement (possible 5th bedroom; 8 x 16, laminate flooring)
• Flooring: Hardwood flooring throughout main-level living areas and bedrooms; Laminate flooring in the basement bedroom
• Bathrooms: 3 full bathrooms; Basement has a bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Finished full basement; 8 total rooms
• Laundry & utility: Laundry in basement (5 x 11)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $248k.

Deal economics

• At list price, monthly cash flow is $102 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (7.3% below list).
• Recommended offer: $229k (7.3% below list) — sets the bar for 1% rule.
• Cap rate 6.8% 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; 15 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).
• At $2,294/mo this rent would consume 48% 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.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $229,363 (7.3% below list)

Questions for the listing agent

1. Built in 1921 — 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 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?
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. 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?
6. 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.
7. 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.
8. 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: 0.93% ✗
• Cap rate: 6.79%
• Cash-on-cash: 1.76%
• DSCR: 1.08
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $211,140
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
260 E 142nd Pl	0.46mi	3/2.0	1,366 (-1%)	8mo	$155,000	$113	68
14200 Drexel Ave	0.54mi	3/1.0	1,424 (+3%)	3mo	$138,200	$97	66
759 Mcarthur Ct	0.34mi	3/2.0	1,500 (+9%)	5mo	$269,000	$179	64
14502 Irving Ave	0.48mi	3/2.0	1,460 (+6%)	7mo	$240,000	$164	60
14325 Ingleside Ave	0.67mi	4/2.0 (+1)	1,400 (+1%)	1mo	$255,000	$182	59
14509 Park Ave	0.53mi	3/3.0	1,454 (+5%)	3mo	$223,000	$153	58
14425 Sanderson Ave	0.46mi	3/2.0	1,500 (+9%)	8mo	$199,000	$133	55
14446 Park Ave	0.51mi	3/2.5	1,549 (+12%)	3mo	$126,400	$82	49
13934 S Edbrooke Ave	0.70mi	4/2.5 (+1)	1,313 (-5%)	4mo	$73,000	$56	47
228 E 141st St	0.52mi	4/2.0 (+1)	1,200 (-13%)	1mo	$235,000	$196	46
515 W 146 St	0.62mi	4/2.0 (+1)	1,572 (+14%)	2mo	$260,000	$165	40
14202 S Michigan Ave	0.73mi	4/1.0 (+1)	1,229 (-11%)	5mo	$128,229	$104	36

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: -8.0%
• Equity multiple: 0.69×
• Total profit: $-21,482
• Equity at exit: $36,903

10-year hold

• IRR: 7.0%
• Equity multiple: 1.65×
• Total profit: $44,932
• Equity at exit: $21,399

Cash invested: $69,300 (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: 9.0×

Monthly cashflow live

• Estimated rent: $2,294 high
• Mortgage (P&I): −$1,298
• Tax est. 1.5%: −$309 /mo · $3,712/yr
• Insurance: −$103
• HOA: −$0
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $102

Break-even live

Break-even rent $2,165

Max offer price $247,500

Occupancy floor 91%

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: $61,875
• Closing costs: $7,425
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14305 Irving Ave Unit 2 Dolton, IL	3.0	1.0	1100	$2,200	$2.00	24d	1	0.28mi
13841 Forest Ave Dolton, IL	3.0	1.0	930	$1,895	$2.04	24d	1	0.44mi
14124 Manor Ave Dolton, IL	3.0	2.0	1440	$2,390	$1.66	24d	1	0.45mi
14500 Cottage Grove Ave Unit 3 Dolton, IL	2.0	1.0	1000	$1,475	$1.48	24d	1	0.58mi
14817 Champlain Ave Dolton, IL	2.0	1.0	980	$2,430	$2.48	22d	1	0.90mi
14433 Woodlawn Ave Dolton, IL	4.0	2.0	1300	$2,000	$1.54	18d	1	1.02mi
14916 Langley Ave Dolton, IL	3.0	1.5	1418	$2,500	$1.76	24d	1	1.02mi
14844 Wabash Ave Dolton, IL	3.0	1.5	1277	$2,320	$1.82	24d	1	1.21mi
13708 S Wentworth Ave Riverdale, IL	3.0	1.5	1500	$2,200	$1.47	22d	1	1.22mi
13604 S Wentworth Ave Riverdale, IL	3.0	1.0	1100	$1,200	$1.09	24d	1	1.28mi
1429 Kasten Dr Dolton, IL	3.0	1.0	1600	$2,500	$1.56	1d	1	1.36mi
14716 Dorchester Ave Dolton, IL	3.0	2.0	1250	$2,800	$2.24	19d	1	1.37mi
14610 Blackstone Ave Dolton, IL	3.0	1.0	1017	$2,400	$2.36	6d	1	1.41mi
1130 E 132nd St Chicago, IL	3.0	1.0	900	$2,745	$3.05	24d	1	1.41mi
1132 E 132nd St Chicago, IL	3.0	1.0	900	$2,745	$3.05	24d	1	1.42mi

Listing history 16 events

1. 2026-06-18
   days on market $247,500 Active 12 DOM
2. 2026-06-17
   days on market $247,500 Active 11 DOM
3. 2026-06-16
   days on market $247,500 Active 10 DOM
4. 2026-06-15
   status $247,500 Active 9 DOM
5. 2026-06-15
   days on market $247,500 Contingent - No Showings 9 DOM
6. 2026-06-13
   statusdays on market $247,500 Contingent - No Showings 7 DOM
7. 2026-06-13
   days on market $247,500 Active 6 DOM
8. 2026-06-09
   days on market $247,500 Active 3 DOM
9. 2026-06-08
   days on market $247,500 Active 2 DOM
10. 2026-06-07
    remarks 699-char remark
11. 2026-06-07
    pricedays on marketlisting id $247,500 Active 1 DOM
12. 2026-06-01
    days on market $259,500 Active 102 DOM
13. 2026-05-31
    days on market $259,500 Active 101 DOM
14. 2026-05-13
    price $259,500
15. 2026-03-19
    price $265,500
16. 2026-02-18
    listed $273,500 Active

ⓘ 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 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,524
• − Mortgage interest: −$13,864
• − Property taxes: −$3,712
• − Insurance: −$1,238
• − Repairs & maintenance: −$2,202
• − Management: −$2,202
• − Depreciation: −$7,200
• Taxable loss: −$2,894
• Est. tax savings @ 24.0%: +$695
• After-tax cash flow: $1,913/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

-5.1% since first listed

3 events — show timeline

• 2026-05-13 Price Changed $259,500 MRED as Distributed by MLS Grid
• 2026-03-19 Price Changed $265,500 MRED as Distributed by MLS Grid
• 2026-02-18 Listed $273,500 MRED as Distributed by MLS Grid

Property tax history

-12.9%/yr

Latest (2023): $390 · -24.8% YoY. Source: county tax records.