14621 S Sherman Ave · Posen, IL 60469

$72,080

3 bd · 1.0 ba · 1,063 sqft · SingleFamily public records · 10 Days on market

Built 1957 5,401 sqft lot ↓ 15% since listing

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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 +7.5/15.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Out Standing Rehab. .. finished to PERFECTION!!! Just look at the pictures!! Completely remodeled with top of the line products. New Windows. Large Eat-in kitchen with soft close cabinetry, Beautiful Quartz countertops, and stainless steel appliances. Bath is light and bright. Hardwood floors through Living-room and all bedrooms. Full Basement just finished with Huge Family-room, Full bath with over-sized shower. Bonus room downstairs. .. office, exercise, playroom. .. 2 car detached garage with extra storage. The front of Driveway to be repaired, Front storm door to be installed, and Flood Zone being worked on. .. A MUST SEE, THIS HOME WILL NOT LAST!!!

Key facts

• 5,401 sq ft lot
• 2 garage spots
• Built 1957

Property features AI

Finance

• Other: Living area source: appraiser; Lot size source: appraiser; Parcel number 28122270570000
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (2 garage spaces, 2 total parking spaces)
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership
• Construction: Brick construction; Shake roof; Other foundation; Built approximately 61–70 years ago; Built before 1978
• Exterior features: Lot less than 0.25 acre; Lot dimensions listed as 5418

Interior

• Kitchen: Kitchen on main level (about 10 x 10)
• Bedrooms: Master bedroom on main level (about 12 x 11); Bedroom on main level (about 11 x 10); Bedroom on main level (about 10 x 11)
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Unfinished full basement; 5 total rooms
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $72k.

Deal economics

• At list price, monthly cash flow is $431 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $72k).

Location & tenants

• Location reads 72/100 on livability (#297 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F, employment D-.
• Bremen Chsd 228 (suburban): math 15% / reading 17% proficiency, ranked #468 of 620 in IL (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Gordon School (math 5% / reading 15%, grade F, #1,477 of 2,056 statewide, top 74%, 287 students, 0% FRL); Kellar School (math 8% / reading 14%, grade F, #579 of 665 statewide, top 87%, 402 students, 0% FRL); Bremen High School (math 8% / reading 11%, grade F, #577 of 693 statewide, top 84%, 1,497 students, 0% FRL).
• Market conditions: 5 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $498 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 8y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $314/mo; built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,080

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
6. 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.
7. 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: 2.18% ✓
• Cap rate: 18.70%
• Cash-on-cash: 44.31%
• DSCR: 2.97
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $218,978
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14542 S Campbell Ave	0.12mi	3/1.0	1,143 (+8%)	2mo	$238,500	$209	81
14525 Oakley St	0.40mi	3/2.0	1,052 (-1%)	7mo	$240,000	$228	70
14427 S Palmer Ave	0.30mi	2/1.0 (-1)	1,157 (+9%)	1mo	$210,000	$182	65
14715 Maplewood Ave	0.38mi	3/1.0	1,210 (+14%)	3mo	$75,000	$62	57
14720 S Harrison Ave	0.43mi	3/1.5	1,185 (+12%)	5mo	$239,000	$202	55
14918 Western Ave	0.67mi	2/1.0 (-1)	1,000 (-6%)	1mo	$72,000	$72	53
14247 Davis Ct	0.31mi	3/2.0	1,206 (+14%)	8mo	$262,000	$217	53
14808 Leavitt Ave	0.67mi	2/1.0 (-1)	1,100 (+4%)	10mo	$105,000	$95	50
14715 S Richmond Ave	0.64mi	4/1.0 (+1)	1,000 (-6%)	8mo	$259,000	$259	49
14912 S San Francisco Ave	0.70mi	3/1.0	936 (-12%)	1mo	$193,000	$206	47
14825 S Sacramento Ave	0.74mi	3/1.0	912 (-14%)	0mo	$222,000	$243	41
14805 S Richmond Ave	0.66mi	3/1.0	950 (-11%)	13mo	$152,000	$160	40

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: 19.5%
• Equity multiple: 1.79×
• Total profit: $16,018
• Equity at exit: $10,747

10-year hold

• IRR: 27.9%
• Equity multiple: 3.49×
• Total profit: $50,214
• Equity at exit: $6,232

Cash invested: $20,182 (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 60469

• Home prices YoY: -14.8%
• Active inventory: 5
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,574 high
• Mortgage (P&I): −$378
• Tax est. 1.5%: −$90 /mo · $1,081/yr
• Insurance: −$30
• Flood insurance flood zone: −$314 /mo · $3,765/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $431

Break-even live

Break-even rent $1,028

Max offer price $72,080

Occupancy floor 68%

Sensitivity live

Price	-10% $481	-5% $456	+0% $431	+5% $407	+10% $382
Rent	-10% $307	-5% $369	+0% $431	+5% $494	+10% $556
Rate	-1.0pp $468	-0.5pp $450	base $431	+0.5pp $413	+1.0pp $394

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: $18,020
• Closing costs: $2,162
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14521 Richmond Ave Unit 3 Posen, IL	2.0	1.0	850	$1,375	$1.62	26d	1	0.64mi
14629 Hoyne Ave Dixmoor, IL	3.0	1.0	920	$1,495	$1.62	26d	1	0.68mi
14802 Cooper Ave Harvey, IL	3.0	1.5	1200	$1,700	$1.42	26d	1	0.69mi
3028 141st St Blue Island, IL	4.0	1.0	1144	$1,911	$1.67	3d	1	1.04mi
3025 140th St Blue Island, IL	4.0	1.0	1144	$2,000	$1.75	0d	1	1.11mi
3349 147th St Unit 3240 06 Midlothian, IL	2.0	1.0	817	$1,500	$1.84	7d	1	1.18mi
3542 147th St Midlothian, IL	2.0	1.0	817	$1,500	$1.84	8d	2	1.41mi
13443 Greenwood Ave Unit 2E Blue Island, IL	2.0	1.0	1200	$1,550	$1.29	0d	1	1.47mi
2119 135th Pl Blue Island, IL	2.0	1.0	900	$1,250	$1.39	6d	1	1.50mi
2119 135th Pl Unit 4 Blue Island, IL	2.0	1.0	900	$1,250	$1.39	10d	1	1.50mi

Listing history 11 events

1. 2026-04-30
   status Pending
2. 2026-04-20
   listed $72,080 Active
3. 2018-10-05
   soldstatus $160,000
4. 2018-09-28
   soldstatus $159,900 Closed Sale 663-char remark

   Show marketing remark (663 chars)

   Out Standing Rehab. .. finished to PERFECTION!!! Just look at the pictures!! Completely remodeled with top of the line products. New Windows. Large Eat-in kitchen with soft close cabinetry, Beautiful Quartz countertops, and stainless steel appliances. Bath is light and bright. Hardwood floors through Living-room and all bedrooms. Full Basement just finished with Huge Family-room, Full bath with over-sized shower. Bonus room downstairs. .. office, exercise, playroom. .. 2 car detached garage with extra storage. The front of Driveway to be repaired, Front storm door to be installed, and Flood Zone being worked on. .. A MUST SEE, THIS HOME WILL NOT LAST!!!

5. 2018-08-21
   status Contingent (Do Not Show) 663-char remark

   Show marketing remark (663 chars)

   Out Standing Rehab. .. finished to PERFECTION!!! Just look at the pictures!! Completely remodeled with top of the line products. New Windows. Large Eat-in kitchen with soft close cabinetry, Beautiful Quartz countertops, and stainless steel appliances. Bath is light and bright. Hardwood floors through Living-room and all bedrooms. Full Basement just finished with Huge Family-room, Full bath with over-sized shower. Bonus room downstairs. .. office, exercise, playroom. .. 2 car detached garage with extra storage. The front of Driveway to be repaired, Front storm door to be installed, and Flood Zone being worked on. .. A MUST SEE, THIS HOME WILL NOT LAST!!!

6. 2018-07-26
   status Reactivated 663-char remark

   Show marketing remark (663 chars)

   Out Standing Rehab. .. finished to PERFECTION!!! Just look at the pictures!! Completely remodeled with top of the line products. New Windows. Large Eat-in kitchen with soft close cabinetry, Beautiful Quartz countertops, and stainless steel appliances. Bath is light and bright. Hardwood floors through Living-room and all bedrooms. Full Basement just finished with Huge Family-room, Full bath with over-sized shower. Bonus room downstairs. .. office, exercise, playroom. .. 2 car detached garage with extra storage. The front of Driveway to be repaired, Front storm door to be installed, and Flood Zone being worked on. .. A MUST SEE, THIS HOME WILL NOT LAST!!!

7. 2018-07-13
   status Contingent (Do Not Show) 663-char remark

   Show marketing remark (663 chars)

   Out Standing Rehab. .. finished to PERFECTION!!! Just look at the pictures!! Completely remodeled with top of the line products. New Windows. Large Eat-in kitchen with soft close cabinetry, Beautiful Quartz countertops, and stainless steel appliances. Bath is light and bright. Hardwood floors through Living-room and all bedrooms. Full Basement just finished with Huge Family-room, Full bath with over-sized shower. Bonus room downstairs. .. office, exercise, playroom. .. 2 car detached garage with extra storage. The front of Driveway to be repaired, Front storm door to be installed, and Flood Zone being worked on. .. A MUST SEE, THIS HOME WILL NOT LAST!!!

8. 2018-07-05
   listed $159,900 New 663-char remark

   Show marketing remark (663 chars)

   Out Standing Rehab. .. finished to PERFECTION!!! Just look at the pictures!! Completely remodeled with top of the line products. New Windows. Large Eat-in kitchen with soft close cabinetry, Beautiful Quartz countertops, and stainless steel appliances. Bath is light and bright. Hardwood floors through Living-room and all bedrooms. Full Basement just finished with Huge Family-room, Full bath with over-sized shower. Bonus room downstairs. .. office, exercise, playroom. .. 2 car detached garage with extra storage. The front of Driveway to be repaired, Front storm door to be installed, and Flood Zone being worked on. .. A MUST SEE, THIS HOME WILL NOT LAST!!!

9. 2007-12-19
   soldstatus $178,000
10. 2006-12-07
    soldstatus $165,000
11. 1998-01-20
    soldstatus $85,000

ⓘ 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 A · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,886
• − Mortgage interest: −$4,038
• − Property taxes: −$1,081
• − Insurance: −$4,125
• − Repairs & maintenance: −$1,511
• − Management: −$1,511
• − Depreciation: −$2,097
• Taxable income: $4,524
• Est. tax owed @ 24.0%: −$1,086
• After-tax cash flow: $4,092/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: Bremen Chsd 228
• NCES district ID: 1707050
• Math proficiency: 15% ▼ -4.00%
• Reading proficiency: 17% ▼ -5.00%
• Median HH income: $57,625
• Composite: 15.32/100
• National rank: #9327
• State rank: #468 of 620 in IL

Livability — Posen

• Score: 72/100
• State rank: #297
• US rank: #5704

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Posen, IL
• City population: 5,295
• Population (ZIP): 5,295

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Hispanic / Latino 61% White 18% Black 18% Two or more races 10%
• Hispanic origin (detail): Mexican 59%
• Common ancestry: Romanian 3% Scotch-Irish 1% Portuguese 1%
• Foreign-born: 19% · Canada, China
• Languages at home: 49% English-only · Spanish 50% German/W. Germanic 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: ▼ -33.76%
• Current HPI: 194.3905
• 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

-15.2% since first listed

11 events — show timeline

• 2026-04-30 Pending — MRED as Distributed by MLS Grid
• 2026-04-20 Listed $72,080 MRED as Distributed by MLS Grid
• 2018-10-05 Sold (Public Records) $160,000 Public Records
• 2018-09-28 Sold (MLS) $159,900 MRED as Distributed by MLS Grid
• 2018-08-21 Pending — MRED as Distributed by MLS Grid
• 2018-07-26 Relisted — MRED as Distributed by MLS Grid
• 2018-07-13 Pending — MRED as Distributed by MLS Grid
• 2018-07-05 Listed $159,900 MRED as Distributed by MLS Grid
• 2007-12-19 Sold (Public Records) $178,000 Public Records
• 2006-12-07 Sold (Public Records) $165,000 Public Records
• 1998-01-20 Sold (Public Records) $85,000 Public Records

Property tax history

+2.0%/yr

Latest (2023): $4,930 · -0.5% YoY. Source: county tax records.