270 Green St · Park Forest, IL 60466

$169,999

3 bd · 1.5 ba · 1,450 sqft · SingleFamily public records · 297 Days on market

Built 1955 0.25 ac lot Est $180k · 5% under

---

Why this score? — see what drove the C+ 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 +27.1/30.0
• ARV discount +10.0/15.0
• DSCR +9.4/10.0
• 1% rule +7.3/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Well maintained spacious 3-bedroom 1.5 bath ranch-style brick modern and charming home. This home feature a master suite, dining, family and living room. The fenced backyard would be ideal for outdoor entertaining, and/or relaxation. The home is located in a quiet neighborhood and allow for easy commute. Just move-in and add your personal touches.

Key facts

• Master suite
• Quiet neighborhood
• Fenced backyard

Tags

• MASTER SUITE
• FENCED BACKYARD
• QUIET NEIGHBORHOOD

Property features AI

Finance

• Other: Directions: Take I-57 Exit 339 to Sauk Trail, turn left onto Westwood Dr., turn right onto Green St. Destination on left.
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage with garage door opener (garage owned); Asphalt parking; Two total parking spaces (2-car garage)
• Utilities: Public water; Public sewer; Electric with circuit breakers
• Home design: Detached single-family home; One story; Fee simple ownership; Built before 1978
• Construction: Brick construction; Property age: 61–70 years; Not rebuilt or rehabilitated
• Exterior features: Sidewalks; Lot less than 0.25 acre; Lot dimensions: 7200

Interior

• Kitchen: Eating-area kitchen (12 x 10); Range; Microwave; Refrigerator
• Bedrooms: Master bedroom on main level (15 x 12) with full bath; Bedroom on main level (12 x 10); Bedroom on main level (10 x 10)
• Bathrooms: One full bath; One half bath
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Seven total rooms; Combined dining and living room; One fireplace
• Laundry & utility: In-unit laundry (8 x 8); Gas dryer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $479 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 78/100 on livability (#148 in IL, #2,726 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, amenities F.
• Rich Twp Hsd 227 (suburban): math 5% / reading 12% proficiency, ranked #577 of 620 in IL (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 102 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• This rent runs 41% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $48k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 297 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $149,599 (12.0% below list)

Questions for the listing agent

1. It's been on market 297 days. Have you received any prior offers? Is the seller open to a 12% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.23% ✓
• Cap rate: 9.68%
• Cash-on-cash: 12.08%
• DSCR: 1.54
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $179,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
354 Westgate Dr	0.41mi	3/1.5	1,470 (+1%)	2mo	$75,000	$51	77
356 Waverly St	0.42mi	3/2.0	1,419 (-2%)	2mo	$120,000	$85	74
287 Mohawk St	0.47mi	3/1.0	1,408 (-3%)	1mo	$175,000	$124	70
433 Lakewood Blvd	0.12mi	3/1.5	1,248 (-14%)	2mo	$165,000	$132	69
340 Sauk Trl	0.33mi	3/2.0	1,576 (+9%)	1mo	$180,000	$114	68
251 Westwood Dr	0.12mi	3/2.0	1,248 (-14%)	2mo	$217,000	$174	68
289 Westwood Dr	0.15mi	3/1.5	1,664 (+15%)	1mo	$95,102	$57	67
109 Wilson St	0.49mi	3/2.0	1,525 (+5%)	1mo	$233,500	$153	66
339 Blackhawk Dr	0.59mi	3/2.0	1,417 (-2%)	1mo	$234,200	$165	66
356 Wilshire St	0.41mi	3/1.5	1,248 (-14%)	2mo	$50,000	$40	56
210 Marquette St	0.48mi	3/1.0	1,269 (-12%)	1mo	$153,000	$121	54
397 Oswego St	0.69mi	4/2.0 (+1)	1,398 (-4%)	2mo	$199,000	$142	53

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: 1.6%
• Equity multiple: 1.06×
• Total profit: $3,004
• Equity at exit: $25,347

10-year hold

• IRR: 11.3%
• Equity multiple: 1.88×
• Total profit: $42,044
• Equity at exit: $14,698

Cash invested: $47,600 (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 60466

• Home prices YoY: -21.1%
• Active inventory: 102
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $2,094 high
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,550/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $479

Break-even live

Break-even rent $1,487

Max offer price $169,999

Occupancy floor 72%

Sensitivity live

Price	-10% $597	-5% $538	+0% $479	+5% $420	+10% $362
Rent	-10% $314	-5% $396	+0% $479	+5% $562	+10% $645
Rate	-1.0pp $565	-0.5pp $522	base $479	+0.5pp $435	+1.0pp $390

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
400 Watseka St Park Forest, IL	4.0	2.0	1161	$2,161	$1.86	16d	1	0.57mi
372 Oswego St Park Forest, IL	4.0	1.0	1200	$2,600	$2.17	25d	1	0.74mi
11 Fir St Park Forest, IL	1.0–3.0	1.0	1026	$2,069	$2.02	0d	1	0.77mi
411 Huron St Park Forest, IL	3.0	1.0	1092	$2,200	$2.01	0d	1	0.85mi
3324 Western Ave Park Forest, IL	1.0–3.0	1.0	1026	$1,995	$1.94	0d	11	0.87mi
19 Apple Ln Park Forest, IL	3.0	1.0	1541	$2,300	$1.49	13d	1	0.95mi
111 Nashua St Park Forest, IL	4.0	1.5	1500	$2,500	$1.67	25d	1	0.99mi
277 Somonauk St Park Forest, IL	3.0	1.0	966	$2,000	$2.07	4d	1	0.99mi
4014 Euclid Ln Richton Park, IL	2.0	1.0	1100	$2,100	$1.91	8d	1	1.01mi
4014 Euclid Ln Richton Park, IL	3.0	1.0	1100	$2,100	$1.91	13d	1	1.01mi
4014 Euclid Ln Richton Park, IL	2.0	1.0	1100	$2,100	$1.91	22d	1	1.01mi
3905 Tower Dr Richton Park, IL	1.0–2.0	1.0–2.0	905	$1,795	$1.98	0d	19	1.04mi
441 Talala St Park Forest, IL	4.0	2.0	1740	$2,500	$1.44	25d	1	1.17mi
490 Shabbona Dr Park Forest, IL	3.0	1.0	1300	$1,895	$1.46	3d	1	1.19mi
194 Monee Rd Park Forest, IL	3.0	1.0	1092	$1,971	$1.80	22d	1	1.28mi
3838 216th Pl Matteson, IL	2.0	2.0	1160	$1,996	$1.72	20d	1	1.32mi
631 Andover St Chicago Heights, IL	3.0	1.0	900	$1,450	$1.61	4d	1	1.35mi
235 Tampa St Park Forest, IL	3.0	1.0	1092	$2,000	$1.83	25d	1	1.36mi
4200 Arlington Dr Richton Park, IL	3.0	2.0	1595	$2,061	$1.29	20d	1	1.41mi
22501 Butterfield Rd Unit 22400-311 Richton Park, IL	2.0	1.0	882	$1,360	$1.54	8d	1	1.42mi
22501 Butterfield Rd Unit 22415-207 Richton Park, IL	2.0	1.5	944	$1,360	$1.44	8d	1	1.42mi
22501 Butterfield Rd Unit 22411-514 Richton Park, IL	2.0	1.5	1021	$1,365	$1.34	8d	1	1.42mi
22501 Butterfield Rd Unit 22411-506 Richton Park, IL	2.0	1.0	882	$1,325	$1.50	8d	1	1.42mi
23439 Western Ave Unit C29 Park Forest, IL	2.0	2.0	975	$1,570	$1.61	2d	1	1.46mi
3538 212th Pl Matteson, IL	3.0	1.0	1209	$2,000	$1.65	25d	1	1.48mi

Listing history 25 events

1. 2026-06-18
   days on market $169,999 Active 297 DOM
2. 2026-06-17
   days on market $169,999 Active 296 DOM
3. 2026-06-16
   days on market $169,999 Active 295 DOM
4. 2026-06-15
   days on market $169,999 Active 294 DOM
5. 2026-06-13
   days on market $169,999 Active 292 DOM
6. 2026-06-09
   days on market $169,999 Active 288 DOM
7. 2026-06-08
   days on market $169,999 Active 287 DOM
8. 2026-06-07
   days on market $169,999 Active 286 DOM
9. 2026-06-04
   days on market $169,999 Active 283 DOM
10. 2026-06-03
    days on market $169,999 Active 282 DOM
11. 2026-06-02
    days on market $169,999 Active 281 DOM
12. 2026-06-01
    days on market $169,999 Active 280 DOM
13. 2026-05-31
    days on market $169,999 Active 279 DOM
14. 2026-02-19
    price $169,999
15. 2025-10-20
    price $189,999
16. 2025-08-25
    listed $199,999 Active
17. 2025-08-20
    historical
18. 2025-03-04
    historical
19. 2024-11-12
    price
20. 2024-11-12
    listed Active
21. 2022-08-25
    soldstatus $180,000
22. 2022-08-17
    soldstatus $180,000 Closed
23. 2022-07-20
    historical Contingent - Continue to Show
24. 2022-06-30
    listed $185,000 Active
25. 2003-10-07
    soldstatus $50,000

ⓘ 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 ≥101°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,124
• − Mortgage interest: −$9,523
• − Property taxes: −$2,550
• − Insurance: −$850
• − Repairs & maintenance: −$2,010
• − Management: −$2,010
• − Depreciation: −$4,945
• Taxable income: $3,236
• Est. tax owed @ 24.0%: −$777
• After-tax cash flow: $4,974/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: Rich Twp Hsd 227
• NCES district ID: 1733420
• Math proficiency: 5% ▼ -3.00%
• Reading proficiency: 12% ▬ 0.00%
• Median HH income: $56,056
• Composite: 8.93/100
• National rank: #9885
• State rank: #577 of 620 in IL

Livability — Park Forest

• Score: 78/100
• State rank: #148
• US rank: #2726

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Park Forest, IL
• County: Cook County · 4,486,803 people
• City population: 21,461
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 21,461
• Household income: $61,654
• Rent vs Own: 33.7% rent · 66.3% own
• Severe rent burden: 900.0

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 (69%)
• Race & ethnicity: Black 69% White 19% Hispanic / Latino 9% Two or more races 3% Native American 1%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 2% Iranian 1% Italian 1%
• Foreign-born: 6% · Canada
• Languages at home: 90% English-only · Spanish 7% French/Haitian/Cajun 1% Russian/Polish/Slavic 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: ▼ -58.87%
• Current HPI: 219.9692
• Rent YoY: —
• 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

+240.0% since first listed

12 events — show timeline

• 2026-02-19 Price Changed $169,999 MRED as Distributed by MLS Grid
• 2025-10-20 Price Changed $189,999 MRED as Distributed by MLS Grid
• 2025-08-25 Listed $199,999 MRED as Distributed by MLS Grid
• 2025-08-20 Listing Removed — MRED as Distributed by MLS Grid
• 2025-03-04 Listing Removed — MRED as Distributed by MLS Grid
• 2024-11-12 Price Changed — MRED as Distributed by MLS Grid
• 2024-11-12 Listed — MRED as Distributed by MLS Grid
• 2022-08-25 Sold (Public Records) $180,000 Public Records
• 2022-08-17 Sold (MLS) $180,000 MRED as Distributed by MLS Grid
• 2022-07-20 Contingent — MRED as Distributed by MLS Grid
• 2022-06-30 Listed $185,000 MRED as Distributed by MLS Grid
• 2003-10-07 Sold (Public Records) $50,000 Public Records

Property tax history

+6.0%/yr

Latest (2023): $9,516 · +186.5% YoY. Source: county tax records.