14703 Ellis Ave · Dolton, IL 60419

$105,000

2 bd · 1.0 ba · 925 sqft · SingleFamily public records · 69 Days on market

Built 1955 4,125 sqft lot Est $136k · 23% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Well-maintained 3 bedroom, 1 bath single-family home offering strong potential for both investors and future owner-occupants. This property is currently tenant-occupied, providing immediate rental income, with the flexibility to transition for personal use with proper notice. Located in the heart of Dolton, this home benefits from ongoing community investment and accessibility. Nearby amenities include local parks, retail corridors, and convenient access to I-94, making commuting to downtown Chicago and surrounding suburbs seamless. The area continues to see steady residential demand, making this a strategic addition to any portfolio. A solid opportunity to secure a performing asset in a we

Key facts

• Tenant occupied
• Community investment
• Convenient access

Tags

• TENANT OCCUPIED
• IMMEDIATE RENTAL INCOME
• COMMUNITY INVESTMENT
• LOCAL PARKS
• RETAIL CORRIDORS
• CONVENIENT ACCESS

Property features AI

Finance

• Other: Possession at closing; tenant's rights apply
• Financial info: Special service area: No
• HOA & community: No master association fee required

Exterior

• Parking: Asphalt parking
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership; Property currently leased; Rehab completed in 2018; Built before 1978
• Construction: Brick construction
• Exterior features: Lot dimensions approximately 33 x 125; Less than 0.25 acre lot

Interior

• Kitchen: Kitchen (Main, 12 x 10)
• Bedrooms: Master bedroom (Main, 12 x 12); Bedroom 2 (Main, 10 x 10); Bedroom 3 (Main, 11 x 12)
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating
• Interior features: 5 total rooms; Family room; Living room (13 x 13); Dining room; Laundry room
• Laundry & utility: Laundry room

🏷️ Possibly a rental listed for sale. The $105,000 price doesn't fit this home's estimated sale value (~$135,975) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $489 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.9% 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); 129 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 39% 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 $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $29k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 19 sale attempts since 15y 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 $58k; list at $105k implies a 81% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.6% of price; built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $98,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.79% ✓
• Cap rate: 11.88%
• Cash-on-cash: 19.95%
• DSCR: 1.89
• GRM: 4.7

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
14840 Langley Ave	0.46mi	2/1.0	936 (+1%)	2mo	$37,000	$40	75
14915 Irving Ave	0.58mi	2/1.0	980 (+6%)	4mo	$68,000	$69	60
14647 Irving Ave	0.50mi	3/2.0 (+1)	889 (-4%)	2mo	$138,000	$155	59
14731 Kimbark Ave	0.38mi	3/1.0 (+1)	1,017 (+10%)	2mo	$115,000	$113	58
14819 Irving Ave	0.53mi	3/1.0 (+1)	980 (+6%)	4mo	$130,000	$133	57
14642 Dorchester Ave	0.48mi	3/1.0 (+1)	1,013 (+10%)	1mo	$170,000	$168	56
14622 Kenwood Ave	0.42mi	3/1.0 (+1)	1,017 (+10%)	5mo	$110,000	$108	55
14728 Kenwood Ave	0.42mi	3/1.0 (+1)	1,017 (+10%)	5mo	$156,000	$153	54
14341 University Ave	0.46mi	3/1.0 (+1)	1,035 (+12%)	1mo	$100,000	$97	53
14738 Blackstone Ave	0.61mi	3/1.0 (+1)	1,017 (+10%)	1mo	$150,000	$147	50
14610 Blackstone Ave	0.61mi	3/1.0 (+1)	1,017 (+10%)	1mo	$150,000	$147	49
1138 E 151st St	0.51mi	3/1.5 (+1)	1,056 (+14%)	2mo	$210,000	$199	44

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: 18.9%
• Equity multiple: 1.82×
• Total profit: $24,230
• Equity at exit: $15,656

10-year hold

• IRR: 31.1%
• Equity multiple: 4.64×
• Total profit: $107,118
• Equity at exit: $9,078

Cash invested: $29,400 (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: 129
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,877 high
• Mortgage (P&I): −$551
• Tax from tax record: −$400 /mo · $4,796/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $489

Break-even live

Break-even rent $1,258

Max offer price $105,000

Occupancy floor 69%

Sensitivity live

Price	-10% $830	-5% $519	+0% $489	+5% $459	+10% $429
Rent	-10% $341	-5% $415	+0% $489	+5% $563	+10% $637
Rate	-1.0pp $542	-0.5pp $515	base $489	+0.5pp $462	+1.0pp $434

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14502 Cottage Grove Ave Unit 1S Dolton, IL	1.0	1.0	900	$1,425	$1.58	8d	1	0.38mi
14500 Cottage Grove Ave Unit 3 Dolton, IL	2.0	1.0	1000	$1,475	$1.48	25d	1	0.39mi
14817 Champlain Ave Dolton, IL	2.0	1.0	980	$2,430	$2.48	23d	1	0.46mi
14738 Blackstone Ave Dolton, IL	3.0	1.0	1017	$2,400	$2.36	11d	1	0.62mi
14610 Blackstone Ave Dolton, IL	3.0	1.0	1017	$2,400	$2.36	7d	1	0.62mi
14305 Irving Ave Unit 2 Dolton, IL	3.0	1.0	1100	$2,200	$2.00	25d	1	0.68mi
495 Madison Ave Unit 1D Calumet City, IL	1.0	1.0	595	$1,175	$1.97	15d	1	1.04mi
15238 Doctor Martin Luther King Junior Dr Unit 2W Dolton, IL	2.0	1.0	800	$1,500	$1.88	11d	1	1.05mi
1450 E 154th Pl Dolton, IL	1.0	1.0	800	$1,250	$1.56	25d	1	1.11mi
15324 Doctor Martin Luther King Junior Dr Unit 1B Dolton, IL	1.0	1.0	725	$985	$1.36	19d	1	1.12mi
405 Clyde Ave Calumet City, IL	3.0	1.0	973	$2,300	$2.36	0d	1	1.16mi
1860 State St Calumet City, IL	3.0	1.0	1100	$1,800	$1.64	18d	1	1.17mi
13841 Forest Ave Dolton, IL	3.0	1.0	930	$1,895	$2.04	25d	1	1.40mi
101 Oglesby Ave Calumet City, IL	2.0	1.0	1100	$1,800	$1.64	13d	1	1.48mi
101 Oglesby Ave Calumet City, IL	2.0	1.0	1000	$1,800	$1.80	23d	1	1.48mi
101 Oglesby Ave Calumet City, IL	2.0	1.0	1000	$1,800	$1.80	20d	1	1.48mi
250 Yates Ave Unit 1616 Dolton 1E Calumet City, IL	2.0	1.0	875	$1,465	$1.67	8d	1	1.49mi

Listing history 50 events

1. 2026-06-21
   days on market $105,000 Active 69 DOM
2. 2026-06-18
   days on market $105,000 Active 66 DOM
3. 2026-06-17
   days on market $105,000 Active 65 DOM
4. 2026-06-16
   days on market $105,000 Active 64 DOM
5. 2026-06-15
   days on market $105,000 Active 63 DOM
6. 2026-06-13
   days on market $105,000 Active 61 DOM
7. 2026-06-13
   days on market $105,000 Active 60 DOM
8. 2026-06-09
   days on market $105,000 Active 57 DOM
9. 2026-06-08
   statusdays on market $105,000 Active 56 DOM
10. 2026-06-07
    statusdays on market $105,000 Temporarily No Showings 55 DOM
11. 2026-06-04
    days on market $105,000 Active 52 DOM
12. 2026-06-03
    days on market $105,000 Active 51 DOM
13. 2026-06-02
    days on market $105,000 Active 50 DOM
14. 2026-06-01
    days on market $105,000 Active 49 DOM
15. 2026-05-31
    days on market $105,000 Active 48 DOM
16. 2026-04-11
    listed $105,000 Active
17. 2025-07-22
    historical
18. 2025-06-11
    listed Active
19. 2025-06-11
    historical
20. 2025-05-17
    status Active
21. 2025-04-24
    historical Contingent - Continue to Show
22. 2025-03-29
    listed Active
23. 2025-03-29
    historical
24. 2025-02-24
    listed Active
25. 2025-02-24
    historical
26. 2025-01-28
    listed Active
27. 2025-01-28
    historical
28. 2025-01-02
    price
29. 2024-11-01
    status Active
30. 2024-10-26
    historical
31. 2024-10-24
    listed Active
32. 2022-02-01
    historical
33. 2021-12-01
    listed Active
34. 2021-04-26
    listed New
35. 2018-07-05
    soldstatus $58,000
36. 2018-06-13
    soldstatus $58,000 Closed Sale
37. 2018-05-15
    listed $59,000
38. 2018-05-15
    historical
39. 2018-05-03
    historical
40. 2018-05-02
    listed New
41. 2016-11-25
    soldstatus $47,500
42. 2016-11-22
    soldstatus $47,500 Closed Sale
43. 2016-11-10
    status Pending
44. 2016-10-13
    status Reactivated
45. 2016-09-23
    status Pending
46. 2016-09-19
    status Contingent (Do Not Show)
47. 2016-09-19
    historical
48. 2016-09-12
    listed $45,200 New
49. 2016-09-09
    historical
50. 2016-05-06
    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: $4,796 · $400/mo
• Projected year-2 tax: $4,796 · $400/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: $22,524
• − Mortgage interest: −$5,882
• − Property taxes: −$4,796
• − Insurance: −$525
• − Repairs & maintenance: −$1,802
• − Management: −$1,802
• − Depreciation: −$3,055
• Taxable income: $4,663
• Est. tax owed @ 24.0%: −$1,119
• After-tax cash flow: $4,746/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

+142.2% since first listed

58 events — show timeline

• 2026-04-11 Listed $105,000 MRED as Distributed by MLS Grid
• 2025-07-22 Listing Removed — MRED as Distributed by MLS Grid
• 2025-06-11 Listing Removed — MRED as Distributed by MLS Grid
• 2025-06-11 Listed — MRED as Distributed by MLS Grid
• 2025-05-17 Relisted — MRED as Distributed by MLS Grid
• 2025-04-24 Contingent — MRED as Distributed by MLS Grid
• 2025-03-29 Listing Removed — MRED as Distributed by MLS Grid
• 2025-03-29 Listed — MRED as Distributed by MLS Grid
• 2025-02-24 Listing Removed — MRED as Distributed by MLS Grid
• 2025-02-24 Listed — MRED as Distributed by MLS Grid
• 2025-01-28 Listing Removed — MRED as Distributed by MLS Grid
• 2025-01-28 Listed — MRED as Distributed by MLS Grid
• 2025-01-02 Price Changed — MRED as Distributed by MLS Grid
• 2024-11-01 Relisted — MRED as Distributed by MLS Grid
• 2024-10-26 Listing Removed — MRED as Distributed by MLS Grid
• 2024-10-24 Listed — MRED as Distributed by MLS Grid
• 2022-02-01 Listing Removed — MRED as Distributed by MLS Grid
• 2021-12-01 Listed — MRED as Distributed by MLS Grid
• 2021-04-26 Listed — MRED as Distributed by MLS Grid
• 2018-07-05 Sold (Public Records) $58,000 Public Records
• 2018-06-13 Sold (MLS) $58,000 MRED as Distributed by MLS Grid
• 2018-05-15 Listing Removed — MRED as Distributed by MLS Grid
• 2018-05-15 Listed $59,000 MRED as Distributed by MLS Grid
• 2018-05-03 Listing Removed — MRED as Distributed by MLS Grid
• 2018-05-02 Listed — MRED as Distributed by MLS Grid
• 2016-11-25 Sold (Public Records) $47,500 Public Records
• 2016-11-22 Sold (MLS) $47,500 MRED as Distributed by MLS Grid
• 2016-11-10 Pending — MRED as Distributed by MLS Grid
• 2016-10-13 Relisted — MRED as Distributed by MLS Grid
• 2016-09-23 Pending — MRED as Distributed by MLS Grid
• 2016-09-19 Pending — MRED as Distributed by MLS Grid
• 2016-09-19 Listing Removed — MRED as Distributed by MLS Grid
• 2016-09-12 Listed $45,200 MRED as Distributed by MLS Grid
• 2016-09-09 Listing Removed — MRED as Distributed by MLS Grid
• 2016-05-06 Listed — MRED as Distributed by MLS Grid
• 2012-10-26 Sold (MLS) $19,000 MRED as Distributed by MLS Grid
• 2012-10-12 Pending — MRED as Distributed by MLS Grid
• 2012-09-29 Contingent — MRED as Distributed by MLS Grid
• 2012-09-11 Listing Removed — MRED as Distributed by MLS Grid
• 2012-09-08 Listed $19,900 MRED as Distributed by MLS Grid
• 2012-07-18 Relisted — MRED as Distributed by MLS Grid
• 2012-07-18 Price Changed — MRED as Distributed by MLS Grid
• 2012-02-02 Contingent — MRED as Distributed by MLS Grid
• 2011-12-04 Price Changed — MRED as Distributed by MLS Grid
• 2011-10-17 Price Changed — MRED as Distributed by MLS Grid
• 2011-08-07 Price Changed — MRED as Distributed by MLS Grid
• 2011-05-31 Price Changed — MRED as Distributed by MLS Grid
• 2011-05-23 Price Changed — MRED as Distributed by MLS Grid
• 2011-05-12 Price Changed — MRED as Distributed by MLS Grid
• 2011-04-11 Price Changed — MRED as Distributed by MLS Grid
• 2011-04-01 Relisted — MRED as Distributed by MLS Grid
• 2011-04-01 Price Changed — MRED as Distributed by MLS Grid
• 2011-03-27 Listing Removed — MRED as Distributed by MLS Grid
• 2011-03-16 Listed — MRED as Distributed by MLS Grid
• 2006-04-04 Sold (Public Records) $109,000 Public Records
• 2005-12-15 Sold (Public Records) $64,000 Public Records
• 2005-12-15 Sold (Public Records) $64,000 Public Records
• 1989-10-01 Sold (Public Records) $43,350 Public Records

Property tax history

+3.1%/yr

Latest (2023): $4,796 · +40.9% YoY. Source: county tax records.