4749 Winford Ln · Loves Park, IL 61111

$235,000

3 bd · 1.5 ba · 1,822 sqft · SingleFamily · 76 Days on market

Built 1984 7,405 sqft lot Est $259k · 9% under

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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 +15.3/30.0
• ARV discount +11.6/15.0
• DSCR +4.7/10.0
• 1% rule +4.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

MUST SEE! This beautifully renovated 3-bedroom home offers a blend of modern elegance and classic comfort. Step inside to discover an open-concept living area with new flooring that seamlessly connects each room, providing an inviting atmosphere perfect for both relaxation and entertainment. The kitchen is a true centerpiece; boasting stunning tile work, pristine new cabinets, and new stainless steel appliances. Retreat to any of the three spacious bedrooms where new carpeting adds a touch of warmth and luxury underfoot. The main bathroom features exquisite tile craftsmanship that complements its contemporary fixtures. A convenient half-bathroom adds functionality without sacrificing style. Step outside onto the newly built back deck - imagine enjoying your morning coffee while soaking up the tranquility of your spacious backyard or hosting evening barbecues under the stars. Additional highlights include; new roof, new siding, new soffit, new gutters and updated lighting throughout the home. Schedule your showing today!

Key facts

• New carpeting
• New flooring
• New cabinets

Tags

• OPEN-CONCEPT LIVING AREA
• NEW FLOORING
• STUNNING TILE WORK
• NEW CABINETS
• NEW STAINLESS STEEL APPLIANCES
• NEW CARPETING

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $85 ($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 $212k (9.9% below list).
• Recommended offer: $212k (9.9% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.9% in Loves Park — 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 74/100 on livability (#255 in IL, #4,724 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, commute F.
• Harlem UD 122 (suburban): math 17% / reading 23% proficiency, ranked #418 of 620 in IL (top 67%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Loves Park Elem School (math 17% / reading 22%, grade F, #1,054 of 2,056 statewide, top 54%, 351 students, 0% FRL); Harlem Middle School (math 13% / reading 19%, grade F, #488 of 665 statewide, top 74%, 957 students, 0% FRL); Harlem High School (math 18% / reading 23%, grade F, #350 of 693 statewide, top 51%, 1,875 students, 0% FRL) — zoned schools average 0% FRL vs 45% district-wide (45 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 93 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 285 units permitted in Winnebago County in 2024 (0 in 5+ unit buildings).

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.
• Winnebago County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.

Recommended offer $211,744 (9.9% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 0.90% ✗
• Cap rate: 6.73%
• Cash-on-cash: 1.55%
• DSCR: 1.07
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $258,724
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4749 Winford Ln	0.00mi	3/1.5	1,822 (0%)	4mo	$225,000	$123	97
5727 Mayapple Dr	0.12mi	3/3.0	1,836 (+1%)	2mo	$258,000	$141	85
4734 Cheshire Pl	0.42mi	3/2.0	1,776 (-2%)	3mo	$222,000	$125	72
4401 Windsor Ct	0.38mi	3/2.5	1,804 (-1%)	12mo	$267,000	$148	67
5716 Whispering Way	0.36mi	4/2.0 (+1)	1,880 (+3%)	5mo	$195,000	$104	66
5971 Whispering Way	0.25mi	3/1.5	1,652 (-9%)	10mo	$235,000	$142	64
6072 Nimtz Ct	0.57mi	3/2.5	1,843 (+1%)	9mo	$275,000	$149	60
5815 Candover Rd	0.72mi	3/2.0	1,737 (-5%)	2mo	$295,000	$170	55
6072 Valhalla Dr	0.53mi	3/2.0	1,632 (-10%)	5mo	$290,000	$178	52
4474 Applewood Ln	0.19mi	4/3.0 (+1)	1,614 (-11%)	12mo	$285,000	$177	51
6059 Durrington Dr	0.40mi	4/2.5 (+1)	2,039 (+12%)	10mo	$255,000	$125	44
5553 Tasselbury	0.75mi	3/2.0	1,661 (-9%)	11mo	$200,000	$120	39

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: -13.8%
• Equity multiple: 0.50×
• Total profit: $-32,667
• Equity at exit: $35,039

10-year hold

• IRR: -5.0%
• Equity multiple: 0.67×
• Total profit: $-21,448
• Equity at exit: $20,319

Cash invested: $65,800 (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 61111

• Active inventory: 93
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,117 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$258 /mo · $3,092/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $85

Break-even live

Break-even rent $2,010

Max offer price $235,000

Occupancy floor 91%

Sensitivity live

Price	-10% $218	-5% $151	+0% $85	+5% $18	+10% $-48
Rent	-10% $-82	-5% $1	+0% $85	+5% $168	+10% $252
Rate	-1.0pp $203	-0.5pp $145	base $85	+0.5pp $24	+1.0pp $-38

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5253 Harlem Rd Loves Park, IL	3.0	1.0	1600	$1,850	$1.16	23d	1	1.03mi
7049 Stearman Dr Loves Park, IL	3.0	2.5	2200	$2,500	$1.14	15d	1	1.39mi

Listing history 11 events

1. 2026-02-26
   soldstatus $225,000
2. 2026-02-18
   soldstatus $225,000 Closed 1035-char remark

   Show marketing remark (1035 chars)

   MUST SEE! This beautifully renovated 3-bedroom home offers a blend of modern elegance and classic comfort. Step inside to discover an open-concept living area with new flooring that seamlessly connects each room, providing an inviting atmosphere perfect for both relaxation and entertainment. The kitchen is a true centerpiece; boasting stunning tile work, pristine new cabinets, and new stainless steel appliances. Retreat to any of the three spacious bedrooms where new carpeting adds a touch of warmth and luxury underfoot. The main bathroom features exquisite tile craftsmanship that complements its contemporary fixtures. A convenient half-bathroom adds functionality without sacrificing style. Step outside onto the newly built back deck - imagine enjoying your morning coffee while soaking up the tranquility of your spacious backyard or hosting evening barbecues under the stars. Additional highlights include; new roof, new siding, new soffit, new gutters and updated lighting throughout the home. Schedule your showing today!

3. 2026-02-13
   historical Contingent - Continue to Show 1035-char remark

   Show marketing remark (1035 chars)

   MUST SEE! This beautifully renovated 3-bedroom home offers a blend of modern elegance and classic comfort. Step inside to discover an open-concept living area with new flooring that seamlessly connects each room, providing an inviting atmosphere perfect for both relaxation and entertainment. The kitchen is a true centerpiece; boasting stunning tile work, pristine new cabinets, and new stainless steel appliances. Retreat to any of the three spacious bedrooms where new carpeting adds a touch of warmth and luxury underfoot. The main bathroom features exquisite tile craftsmanship that complements its contemporary fixtures. A convenient half-bathroom adds functionality without sacrificing style. Step outside onto the newly built back deck - imagine enjoying your morning coffee while soaking up the tranquility of your spacious backyard or hosting evening barbecues under the stars. Additional highlights include; new roof, new siding, new soffit, new gutters and updated lighting throughout the home. Schedule your showing today!

4. 2026-01-28
   status Pending
5. 2025-12-01
   listed $235,000 Active 1035-char remark

   Show marketing remark (1035 chars)

   MUST SEE! This beautifully renovated 3-bedroom home offers a blend of modern elegance and classic comfort. Step inside to discover an open-concept living area with new flooring that seamlessly connects each room, providing an inviting atmosphere perfect for both relaxation and entertainment. The kitchen is a true centerpiece; boasting stunning tile work, pristine new cabinets, and new stainless steel appliances. Retreat to any of the three spacious bedrooms where new carpeting adds a touch of warmth and luxury underfoot. The main bathroom features exquisite tile craftsmanship that complements its contemporary fixtures. A convenient half-bathroom adds functionality without sacrificing style. Step outside onto the newly built back deck - imagine enjoying your morning coffee while soaking up the tranquility of your spacious backyard or hosting evening barbecues under the stars. Additional highlights include; new roof, new siding, new soffit, new gutters and updated lighting throughout the home. Schedule your showing today!

6. 2025-11-18
   status Active
7. 2025-11-13
   status Pending
8. 2025-11-08
   listed $235,000 Active
9. 2025-09-19
   soldstatus $120,000
10. 1991-04-23
    soldstatus $60,500
11. 1991-04-23
    soldstatus $60,500

ⓘ 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: $3,092 · $258/mo
• Projected year-2 tax: $4,213 · $351/mo
• Expected delta: +$1,121/yr (+$93/mo · 36.3%)

ⓘ 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 2/10 Low 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,409
• − Mortgage interest: −$13,164
• − Property taxes: −$3,092
• − Insurance: −$1,175
• − Repairs & maintenance: −$2,033
• − Management: −$2,033
• − Depreciation: −$6,836
• Taxable loss: −$2,923
• Est. tax savings @ 24.0%: +$702
• After-tax cash flow: $1,720/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: Harlem UD 122
• NCES district ID: 1718240
• Math proficiency: 17% ▼ -8.00%
• Reading proficiency: 23% ▼ -7.00%
• Median HH income: $51,228
• Composite: 18.01/100
• National rank: #8982
• State rank: #418 of 620 in IL

Livability — Loves Park

• Score: 74/100
• State rank: #255
• US rank: #4724

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Loves Park, IL
• City population: 22,838
• Population (ZIP): 22,838

Population outlook (Winnebago County) Hauer SSP2

• Today (2025): 271,080 people
• By 2030: 260,684 · -3.8%
• By 2040: 238,405 · -12.1%
• By 2050: 216,129 · -20.3%
• By 2075: 172,882 · -36.2%
• By 2100: 135,336 · -50.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Two or more races 11% Hispanic / Latino 9% Black 8% Asian 4%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Romanian 4% Portuguese 3% Slovak 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 89% English-only · Spanish 5% Russian/Polish/Slavic 3% Other Indo-European 1%

Political lean MEDSL · Winnebago

• 2024 margin: Toss-up / Even · D 49.5% · R 49.0% · Other 1.5%
• 2008→2024 swing: -12.2pp toward R · 2008: 12.8pp · 2024: 0.6pp
• All cycles: 2024: D+0.6 2020: D+2.5 2016: R+1.2 2012: D+5.7 2008: D+12.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -125.48%
• Current HPI: 222.3872
• 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

+271.9% since first listed

11 events — show timeline

• 2026-02-26 Sold (Public Records) $225,000 Public Records
• 2026-02-18 Sold (MLS) $225,000 MRED as Distributed by MLS Grid
• 2026-02-13 Contingent — MRED as Distributed by MLS Grid
• 2026-01-28 Pending — NWIAR
• 2025-12-01 Listed $235,000 MRED as Distributed by MLS Grid
• 2025-11-18 Relisted — NWIAR
• 2025-11-13 Pending — NWIAR
• 2025-11-08 Listed $235,000 NWIAR
• 2025-09-19 Sold (Public Records) $120,000 Public Records
• 1991-04-23 Sold (Public Records) $60,500 Public Records
• 1991-04-23 Sold (Public Records) $60,500 Public Records

Property tax history

+1.2%/yr

Latest (2024): $3,092 · +7.9% YoY. Source: county tax records.