16744 Trapet Ave · Hazel Crest, IL 60429

$139,900

3 bd · 1.0 ba · 1,003 sqft · SingleFamily public records · 33 Days on market

Built 1951 7,405 sqft lot Est $137k · 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 +6.7/15.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully renovated property with tons of updates! A modern eco friendly smart home that saves you a lot of money on your utility bills! Via virtual assistant app to control the usage on all lightings, furnace and central air! An elegant vintage fireplace! Newly renovated state of the art kitchen/bath with a matching cabinet hardwares/accessories and an all-new stainless-steel appliances! New laminate flooring all through out, freshly painted, new windows, updated plumbing and electricals, electrical panel/service amp, dimmable LED light fixtures, new water heater/expansion tank and a certified furnace. Property has a beautiful front patio and a huge fenced backyard that you can relax and entertain by putting a gazebo, playground, basketball ring, hammock around the trees, the imagination is endless. Low tax property and is located on a quiet block and nearby main roads, public schools, Amazon and shopping center. Move in ready with all city inspections Completed and Approved!!!

Key facts

• Spacious kitchen
• Huge backyard
• Vintage fireplace

Tags

• VINTAGE FIREPLACE
• SPACIOUS KITCHEN
• HUGE BACKYARD

Property features AI

Finance

• Other: Not currently leased; Possession at closing
• HOA & community: No master association fee required

Exterior

• Parking: Three parking spaces; Asphalt driveway, owned
• Utilities: Water from Lake Michigan; Public sewer; Electric service with circuit breakers
• Home design: Detached single-family ranch; One-story (ranch) home; Fee simple ownership; Built prior to 1978 (approx. 71–80 years old)
• Construction: Vinyl siding and frame construction with concrete elements; Asphalt roof; Concrete perimeter foundation; Approximately 1,003 total finished square feet
• Exterior features: Fenced yard; Lot dimensions about 60 x 121

Interior

• Kitchen: Kitchen on main level, approximately 11 x 10; Range, microwave, dishwasher, refrigerator included
• Bedrooms: Master bedroom (main level), approximately 16 x 12, wood laminate flooring; Two additional bedrooms (main level), each approximately 12 x 10, wood laminate flooring
• Flooring: Laminate/Wood laminate flooring
• Bathrooms: One full bathroom with a soaking tub
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Laminate flooring throughout main living areas; Living room with a wood-burning fireplace and attached doors/screen; Five total rooms
• Laundry & utility: Main level laundry room (approx. 7 x 6)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $803 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.2% vs local median 8.9% in Hazel Crest — 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 75/100 on livability (#229 in IL, #4,242 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, schools D-, crime 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: 80 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 1d 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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $135,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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 F 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: 1.60% ✓
• Cap rate: 13.18%
• Cash-on-cash: 24.60%
• DSCR: 2.09
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $137,411
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16784 Trapet Ave	0.05mi	3/1.0	970 (-3%)	1mo	$96,000	$99	92
16738 Crane Ave	0.13mi	3/1.0	1,059 (+6%)	2mo	$147,000	$139	83
16784 Crane Ave	0.14mi	3/1.0	1,059 (+6%)	2mo	$155,000	$146	83
16735 Dixie Hwy	0.22mi	2/1.0 (-1)	965 (-4%)	1mo	$153,000	$159	78
16807 Wood St	0.47mi	3/1.0	985 (-2%)	0mo	$90,000	$91	75
16727 Head Ave	0.04mi	3/1.5	1,150 (+15%)	1mo	$157,000	$137	71
16300 Winchester Ave	0.60mi	3/1.0	1,012 (+1%)	2mo	$97,500	$96	69
1924 169th St	0.31mi	2/1.0 (-1)	1,086 (+8%)	3mo	$189,900	$175	64
16444 Wolcott Ave	0.47mi	3/1.5	1,080 (+8%)	3mo	$112,500	$104	61
16628 Winchester Ave	0.28mi	2/1.0 (-1)	1,134 (+13%)	1mo	$84,000	$74	60
16876 Head Ave	0.17mi	4/2.0 (+1)	1,147 (+14%)	1mo	$185,000	$161	58
16501 Oxford Dr S	0.74mi	3/1.0	975 (-3%)	3mo	$105,000	$108	58

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: 18.0%
• Equity multiple: 1.73×
• Total profit: $28,508
• Equity at exit: $20,860

10-year hold

• IRR: 26.4%
• Equity multiple: 3.32×
• Total profit: $90,817
• Equity at exit: $12,096

Cash invested: $39,172 (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 60429

• Home prices YoY: -14.0%
• Active inventory: 80
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $2,240 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,098/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$470
• Net cashflow: $803

Break-even live

Break-even rent $1,224

Max offer price $139,900

Occupancy floor 59%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16751 Crane Ave Hazel Crest, IL	3.0	1.0	1200	$1,800	$1.50	1d	1	0.12mi
16901 Orchard Ridge Ave Hazel Crest, IL	4.0	2.0	1406	$2,700	$1.92	1d	1	0.30mi
2308 170th St Hazel Crest, IL	3.0	2.0	1020	$2,400	$2.35	1d	1	0.35mi
16752 Artesian Ave Hazel Crest, IL	3.0	1.0	867	$2,500	$2.88	1d	1	0.39mi
2173 171st St Hazel Crest, IL	3.0	1.5	1159	$2,350	$2.03	1d	1	0.43mi
2107 171st St Unit 2107 Hazel Crest, IL	3.0	1.5	1158	$2,300	$1.99	1d	1	0.44mi
16125 Marshfield Ave Markham, IL	3.0	1.0	1043	$2,400	$2.30	1d	1	1.02mi
17561 Hillside Ave Homewood, IL	3.0	1.0	1174	$2,300	$1.96	1d	1	1.04mi
17561 Hillside Ave Homewood, IL	3.0	1.0	1174	$2,500	$2.13	16d	1	1.04mi
2722 Larkspur Ln Hazel Crest, IL	3.0	1.5	1441	$2,650	$1.84	12d	1	1.29mi

Listing history 26 events

1. 2026-06-18
   days on market $139,900 Active 33 DOM
2. 2026-06-17
   days on market $139,900 Active 32 DOM
3. 2026-06-16
   days on market $139,900 Active 31 DOM
4. 2026-06-15
   days on market $139,900 Active 30 DOM
5. 2026-06-13
   days on market $139,900 Active 28 DOM
6. 2026-06-13
   days on market $139,900 Active 27 DOM
7. 2026-06-09
   days on market $139,900 Active 24 DOM
8. 2026-06-08
   days on market $139,900 Active 23 DOM
9. 2026-06-07
   days on market $139,900 Active 22 DOM
10. 2026-06-04
    days on market $139,900 Active 19 DOM
11. 2026-06-03
    days on market $139,900 Active 18 DOM
12. 2026-06-02
    days on market $139,900 Active 17 DOM
13. 2026-06-01
    days on market $139,900 Active 16 DOM
14. 2026-05-31
    days on market $139,900 Active 15 DOM
15. 2026-05-16
    listed $139,900 Active
16. 2026-01-15
    historical
17. 2025-09-12
    price
18. 2025-07-16
    listed Active
19. 2022-12-08
    soldstatus $147,000
20. 2022-12-06
    soldstatus $147,000 Closed 995-char remark

    Show marketing remark (995 chars)

    Beautifully renovated property with tons of updates! A modern eco friendly smart home that saves you a lot of money on your utility bills! Via virtual assistant app to control the usage on all lightings, furnace and central air! An elegant vintage fireplace! Newly renovated state of the art kitchen/bath with a matching cabinet hardwares/accessories and an all-new stainless-steel appliances! New laminate flooring all through out, freshly painted, new windows, updated plumbing and electricals, electrical panel/service amp, dimmable LED light fixtures, new water heater/expansion tank and a certified furnace. Property has a beautiful front patio and a huge fenced backyard that you can relax and entertain by putting a gazebo, playground, basketball ring, hammock around the trees, the imagination is endless. Low tax property and is located on a quiet block and nearby main roads, public schools, Amazon and shopping center. Move in ready with all city inspections Completed and Approved!!!

21. 2022-11-22
    status Pending 995-char remark

    Show marketing remark (995 chars)

    Beautifully renovated property with tons of updates! A modern eco friendly smart home that saves you a lot of money on your utility bills! Via virtual assistant app to control the usage on all lightings, furnace and central air! An elegant vintage fireplace! Newly renovated state of the art kitchen/bath with a matching cabinet hardwares/accessories and an all-new stainless-steel appliances! New laminate flooring all through out, freshly painted, new windows, updated plumbing and electricals, electrical panel/service amp, dimmable LED light fixtures, new water heater/expansion tank and a certified furnace. Property has a beautiful front patio and a huge fenced backyard that you can relax and entertain by putting a gazebo, playground, basketball ring, hammock around the trees, the imagination is endless. Low tax property and is located on a quiet block and nearby main roads, public schools, Amazon and shopping center. Move in ready with all city inspections Completed and Approved!!!

22. 2022-11-16
    historical Contingent - Continue to Show 995-char remark

    Show marketing remark (995 chars)

    Beautifully renovated property with tons of updates! A modern eco friendly smart home that saves you a lot of money on your utility bills! Via virtual assistant app to control the usage on all lightings, furnace and central air! An elegant vintage fireplace! Newly renovated state of the art kitchen/bath with a matching cabinet hardwares/accessories and an all-new stainless-steel appliances! New laminate flooring all through out, freshly painted, new windows, updated plumbing and electricals, electrical panel/service amp, dimmable LED light fixtures, new water heater/expansion tank and a certified furnace. Property has a beautiful front patio and a huge fenced backyard that you can relax and entertain by putting a gazebo, playground, basketball ring, hammock around the trees, the imagination is endless. Low tax property and is located on a quiet block and nearby main roads, public schools, Amazon and shopping center. Move in ready with all city inspections Completed and Approved!!!

23. 2022-10-24
    price $149,900 995-char remark

    Show marketing remark (995 chars)

    Beautifully renovated property with tons of updates! A modern eco friendly smart home that saves you a lot of money on your utility bills! Via virtual assistant app to control the usage on all lightings, furnace and central air! An elegant vintage fireplace! Newly renovated state of the art kitchen/bath with a matching cabinet hardwares/accessories and an all-new stainless-steel appliances! New laminate flooring all through out, freshly painted, new windows, updated plumbing and electricals, electrical panel/service amp, dimmable LED light fixtures, new water heater/expansion tank and a certified furnace. Property has a beautiful front patio and a huge fenced backyard that you can relax and entertain by putting a gazebo, playground, basketball ring, hammock around the trees, the imagination is endless. Low tax property and is located on a quiet block and nearby main roads, public schools, Amazon and shopping center. Move in ready with all city inspections Completed and Approved!!!

24. 2022-10-14
    listed $154,900 Active 995-char remark

    Show marketing remark (995 chars)

    Beautifully renovated property with tons of updates! A modern eco friendly smart home that saves you a lot of money on your utility bills! Via virtual assistant app to control the usage on all lightings, furnace and central air! An elegant vintage fireplace! Newly renovated state of the art kitchen/bath with a matching cabinet hardwares/accessories and an all-new stainless-steel appliances! New laminate flooring all through out, freshly painted, new windows, updated plumbing and electricals, electrical panel/service amp, dimmable LED light fixtures, new water heater/expansion tank and a certified furnace. Property has a beautiful front patio and a huge fenced backyard that you can relax and entertain by putting a gazebo, playground, basketball ring, hammock around the trees, the imagination is endless. Low tax property and is located on a quiet block and nearby main roads, public schools, Amazon and shopping center. Move in ready with all city inspections Completed and Approved!!!

25. 1988-07-01
    soldstatus $47,000
26. 1977-04-29
    soldstatus $25,000

ⓘ 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 X (unshaded) · 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: $26,883
• − Mortgage interest: −$7,837
• − Property taxes: −$2,098
• − Insurance: −$700
• − Repairs & maintenance: −$2,151
• − Management: −$2,151
• − Depreciation: −$4,070
• Taxable income: $7,878
• Est. tax owed @ 24.0%: −$1,891
• After-tax cash flow: $7,745/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 — Hazel Crest

• Score: 75/100
• State rank: #229
• US rank: #4242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Crest, IL
• City population: 14,602
• Population (ZIP): 14,602

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 (83%)
• Race & ethnicity: Black 83% White 7% Hispanic / Latino 7% Two or more races 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 1% Iranian 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 6%

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: ▼ -46.04%
• Current HPI: 282.3552
• 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

+459.6% since first listed

12 events — show timeline

• 2026-05-16 Listed $139,900 MRED as Distributed by MLS Grid
• 2026-01-15 Listing Removed — MRED as Distributed by MLS Grid
• 2025-09-12 Price Changed — MRED as Distributed by MLS Grid
• 2025-07-16 Listed — MRED as Distributed by MLS Grid
• 2022-12-08 Sold (Public Records) $147,000 Public Records
• 2022-12-06 Sold (MLS) $147,000 MRED as Distributed by MLS Grid
• 2022-11-22 Pending — MRED as Distributed by MLS Grid
• 2022-11-16 Contingent — MRED as Distributed by MLS Grid
• 2022-10-24 Price Changed $149,900 MRED as Distributed by MLS Grid
• 2022-10-14 Listed $154,900 MRED as Distributed by MLS Grid
• 1988-07-01 Sold (Public Records) $47,000 Public Records
• 1977-04-29 Sold (Public Records) $25,000 Public Records

Property tax history

+9.1%/yr

Latest (2023): $8,454 · +451.5% YoY. Source: county tax records.