14708 Shepard Dr · Dolton, IL 60419

$131,000

3 bd · 1.0 ba · 925 sqft · SingleFamily public records · 6 Days on market

Built 1957 5,000 sqft lot Est $136k · at est.

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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
• ARV discount +9.1/15.0
• Rent growth +4.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

Key facts

• Fresh paint
• New carpet
• Eat-in kitchen

Tags

• FENCED BACKYARD
• DETACHED GARAGE
• EAT-IN KITCHEN
• NEW CARPET
• FRESH PAINT

Property features AI

Finance

• Other: Directions: Sibley to Woodlawn, north to Shepard, west to home
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (2 garage spaces, 2 total parking spaces)
• Utilities: Water from Lake Michigan / public water; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership; Built before 1978
• Construction: Vinyl siding; Property age reported as 61–70 years
• Exterior features: Lot dimensions approx. 40 x 125; Lot under 0.25 acre

Interior

• Kitchen: Kitchen on the main level (approx. 10 x 10)
• Bedrooms: 3 bedrooms (all on the main level); Master bedroom on the main level (approx. 14 x 13); Two additional bedrooms on the main level (each approx. 13 x 14)
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Six total rooms; Some photos virtually staged
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $131k.

Deal economics

• At list price, monthly cash flow is $579 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $131k).
• Cap rate 11.6% vs local median 9.3% in Dolton — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• This rent runs 45% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $906 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $37k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 19y ago; this cycle's ask has dropped $34k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $82k; list at $131k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,000

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.64% ✓
• Cap rate: 11.60%
• Cash-on-cash: 18.94%
• DSCR: 1.84
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $135,975
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14534 Woodlawn Ave	0.20mi	4/1.0 (+1)	963 (+4%)	5mo	$170,000	$177	75
14731 Kimbark Ave	0.20mi	3/1.0	1,017 (+10%)	2mo	$115,000	$113	72
14642 Dorchester Ave	0.30mi	3/1.0	1,013 (+10%)	1mo	$170,000	$168	70
14622 Kenwood Ave	0.25mi	3/1.0	1,017 (+10%)	5mo	$110,000	$108	68
14738 Blackstone Ave	0.42mi	3/1.0	1,017 (+10%)	1mo	$150,000	$147	63
14610 Blackstone Ave	0.44mi	3/1.0	1,017 (+10%)	1mo	$150,000	$147	62
14840 Langley Ave	0.62mi	2/1.0 (-1)	936 (+1%)	2mo	$37,000	$40	62
14341 University Ave	0.43mi	3/1.0	1,035 (+12%)	1mo	$100,000	$97	59
14647 Irving Ave	0.69mi	3/2.0	889 (-4%)	2mo	$138,000	$155	56
14819 Irving Ave	0.70mi	3/1.0	980 (+6%)	4mo	$130,000	$133	54
1138 E 151st St	0.46mi	3/1.5	1,056 (+14%)	2mo	$210,000	$199	51
14915 Irving Ave	0.73mi	2/1.0 (-1)	980 (+6%)	4mo	$68,000	$69	48

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: 17.1%
• Equity multiple: 1.74×
• Total profit: $27,171
• Equity at exit: $19,533

10-year hold

• IRR: 29.4%
• Equity multiple: 4.37×
• Total profit: $123,508
• Equity at exit: $11,326

Cash invested: $36,680 (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: 5.1×

Monthly cashflow live

• Estimated rent: $2,149 high
• Mortgage (P&I): −$687
• Tax from tax record: −$377 /mo · $4,529/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $579

Break-even live

Break-even rent $1,416

Max offer price $131,000

Occupancy floor 68%

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: $32,750
• Closing costs: $3,930
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14738 Blackstone Ave Dolton, IL	3.0	1.0	1017	$2,400	$2.36	10d	1	0.42mi
14610 Blackstone Ave Dolton, IL	3.0	1.0	1017	$2,400	$2.36	6d	1	0.42mi
14500 Cottage Grove Ave Unit 3 Dolton, IL	2.0	1.0	1000	$1,475	$1.48	24d	1	0.55mi
14817 Champlain Ave Dolton, IL	2.0	1.0	980	$2,430	$2.48	22d	1	0.65mi
14305 Irving Ave Unit 2 Dolton, IL	3.0	1.0	1100	$2,200	$2.00	24d	1	0.84mi
405 Clyde Ave Calumet City, IL	3.0	1.0	973	$2,300	$2.36	1d	1	0.96mi
1860 State St Calumet City, IL	3.0	1.0	1100	$1,800	$1.64	17d	1	0.97mi
15238 Doctor Martin Luther King Junior Dr Unit 2W Dolton, IL	2.0	1.0	800	$1,500	$1.88	10d	1	1.21mi
101 Oglesby Ave Calumet City, IL	2.0	1.0	1000	$1,800	$1.80	20d	1	1.28mi
101 Oglesby Ave Calumet City, IL	2.0	1.0	1000	$1,800	$1.80	22d	1	1.28mi
101 Oglesby Ave Calumet City, IL	2.0	1.0	1100	$1,800	$1.64	12d	1	1.28mi
250 Yates Ave Unit 1616 Dolton 1E Calumet City, IL	2.0	1.0	875	$1,465	$1.67	8d	1	1.29mi
1601 Downs Dr Unit 3S Calumet City, IL	2.0	1.0	750	$1,400	$1.87	24d	1	1.30mi

Listing history 47 events

1. 2026-06-18
   price $131,000 Active 6 DOM
2. 2026-06-18
   days on market $136,000 Active 6 DOM
3. 2026-06-17
   days on market $136,000 Active 5 DOM
4. 2026-06-16
   days on market $136,000 Active 4 DOM
5. 2026-06-15
   days on market $136,000 Active 3 DOM
6. 2026-06-13
   statusdays on marketlisting id $136,000 Active 1 DOM
7. 2026-06-09
   days on market $136,000 Contingent - Continue to Show 222 DOM
8. 2026-06-08
   days on market $136,000 Contingent - Continue to Show 221 DOM
9. 2026-06-07
   days on market $136,000 Contingent - Continue to Show 220 DOM
10. 2026-06-04
    days on market $136,000 Contingent - Continue to Show 217 DOM
11. 2026-06-03
    days on market $136,000 Contingent - Continue to Show 216 DOM
12. 2026-06-02
    days on market $136,000 Contingent - Continue to Show 215 DOM
13. 2026-06-01
    days on market $136,000 Contingent - Continue to Show 214 DOM
14. 2026-05-31
    days on market $136,000 Contingent - Continue to Show 213 DOM
15. 2026-04-10
    historical Contingent - Continue to Show
16. 2026-03-27
    price $136,000
17. 2026-02-27
    price $140,000
18. 2026-02-06
    price $144,000
19. 2026-01-16
    price $148,000
20. 2025-12-19
    price $153,000
21. 2025-11-21
    price $158,000
22. 2025-10-30
    listed $165,000 Active
23. 2025-08-23
    historical $2,010
24. 2025-08-21
    listed $2,010
25. 2015-12-07
    soldstatus $82,000
26. 2010-04-20
    soldstatus $23,800 Closed Sale 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

27. 2010-01-22
    status Pending 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

28. 2009-12-04
    price $18,900 Price Change 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

29. 2009-11-17
    status Reactivated 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

30. 2009-10-23
    status Pending 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

31. 2009-10-20
    status Reactivated 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

32. 2009-10-13
    status Pending 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

33. 2009-09-28
    price $24,800 Price Change 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

34. 2009-08-15
    historical
35. 2009-07-27
    listed $34,900 New 255-char remark

    Show marketing remark (255 chars)

    3 BEDROOM BRICK & FRAME BUNGALOW. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

36. 2009-06-26
    price
37. 2009-02-09
    status
38. 2009-02-08
    historical
39. 2009-01-28
    listed
40. 2008-11-26
    historical
41. 2008-06-08
    listed
42. 2008-06-02
    historical
43. 2007-12-04
    listed
44. 2007-12-03
    historical
45. 2007-07-03
    listed
46. 2004-02-09
    soldstatus $70,000
47. 1994-07-01
    soldstatus $58,000

ⓘ 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: $4,529 · $377/mo
• Projected year-2 tax: $4,529 · $377/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: $25,792
• − Mortgage interest: −$7,338
• − Property taxes: −$4,529
• − Insurance: −$655
• − Repairs & maintenance: −$2,063
• − Management: −$2,063
• − Depreciation: −$3,811
• Taxable income: $5,332
• Est. tax owed @ 24.0%: −$1,280
• After-tax cash flow: $5,668/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

+134.5% since first listed

33 events — show timeline

• 2026-04-10 Contingent — MRED as Distributed by MLS Grid
• 2026-03-27 Price Changed $136,000 MRED as Distributed by MLS Grid
• 2026-02-27 Price Changed $140,000 MRED as Distributed by MLS Grid
• 2026-02-06 Price Changed $144,000 MRED as Distributed by MLS Grid
• 2026-01-16 Price Changed $148,000 MRED as Distributed by MLS Grid
• 2025-12-19 Price Changed $153,000 MRED as Distributed by MLS Grid
• 2025-11-21 Price Changed $158,000 MRED as Distributed by MLS Grid
• 2025-10-30 Listed $165,000 MRED as Distributed by MLS Grid
• 2025-08-23 Rental Removed $2,010 RENTLY
• 2025-08-21 Listed for Rent $2,010 RENTLY
• 2015-12-07 Sold (Public Records) $82,000 Public Records
• 2010-04-20 Sold (MLS) $23,800 MRED as Distributed by MLS Grid
• 2010-01-22 Pending — MRED as Distributed by MLS Grid
• 2009-12-04 Price Changed $18,900 MRED as Distributed by MLS Grid
• 2009-11-17 Relisted — MRED as Distributed by MLS Grid
• 2009-10-23 Pending — MRED as Distributed by MLS Grid
• 2009-10-20 Relisted — MRED as Distributed by MLS Grid
• 2009-10-13 Pending — MRED as Distributed by MLS Grid
• 2009-09-28 Price Changed $24,800 MRED as Distributed by MLS Grid
• 2009-08-15 Listing Removed — MRED as Distributed by MLS Grid
• 2009-07-27 Listed $34,900 MRED as Distributed by MLS Grid
• 2009-06-26 Price Changed — MRED as Distributed by MLS Grid
• 2009-02-09 Relisted — MRED as Distributed by MLS Grid
• 2009-02-08 Listing Removed — MRED as Distributed by MLS Grid
• 2009-01-28 Listed — MRED as Distributed by MLS Grid
• 2008-11-26 Listing Removed — MRED as Distributed by MLS Grid
• 2008-06-08 Listed — MRED as Distributed by MLS Grid
• 2008-06-02 Listing Removed — MRED as Distributed by MLS Grid
• 2007-12-04 Listed — MRED as Distributed by MLS Grid
• 2007-12-03 Listing Removed — MRED as Distributed by MLS Grid
• 2007-07-03 Listed — MRED as Distributed by MLS Grid
• 2004-02-09 Sold (Public Records) $70,000 Public Records
• 1994-07-01 Sold (Public Records) $58,000 Public Records

Property tax history

+2.5%/yr

Latest (2023): $4,529 · +46.8% YoY. Source: county tax records.