1310 Scott Ave · Chicago Heights, IL 60411

$209,000

4 bd · 4.0 ba · 2,748 sqft · SingleFamily public records · 81 Days on market

Built 1929 10,000 sqft lot Est $278k · 25% 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).

• ARV discount +15.0/15.0
• Cash flow +8.6/30.0
• 1% rule +5.6/10.0
• Rent growth +4.1/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

Key facts

• Washer dryers
• 4 unit property
• Full basement

Tags

• 4 UNIT PROPERTY
• FULL BASEMENT
• WASHER DRYERS
• STORAGE SPACE
• CONSISTENT RENTAL INCOME
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Located in Chicago Heights (Bloom Township); School bus service available; Property zoning: SINGL
• Financial info: No special service area; Tax exemptions: Homeowner, Returning Vet

Exterior

• Utilities: Lake Michigan water; Public sewer
• Home design: Two- to four-unit property; Fee simple ownership
• Construction: Brick and stone construction; Asphalt roof; Concrete perimeter foundation; Built 91–100 years ago; Built before 1978
• Exterior features: Stream on property; Lot dimensions approximately 50 x 200; Less than 0.25 acre lot

Interior

• Kitchen: Stove; Refrigerator
• Bedrooms: 4 bedrooms (4 possible)
• Bathrooms: 4 full bathrooms
• Heating & cooling: Natural gas heating; Steam heating; Radiator heating
• Interior features: 13 total rooms; Full unfinished basement

🏷️ Possibly a rental listed for sale. The $209,000 price doesn't fit this home's estimated sale value (~$277,548) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $209k.

Deal economics

• At list price, monthly cash flow is $-495 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $178k (14.8% below list).
• Meets the 1% rule at list price ($2k rent vs $209k).
• Recommended offer: $178k (14.8% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 71/100 on livability (#339 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools F, crime F.
• Bloom Twp Hsd 206 (suburban): math 8% / reading 9% proficiency, ranked #591 of 620 in IL (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+6.5%/yr); 224 active listings in the ZIP; 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).
• This rent runs 43% 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 $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 19y ago; this cycle's ask has dropped $16k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price; flood insurance adds $314/mo; built in 1929 — 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 $178,104 (14.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Built in 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 1.06% ✓
• Cap rate: 5.25%
• Cash-on-cash: -3.72%
• DSCR: 0.83
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $277,548
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
302 W 13th St	0.15mi	4/3.0	2,715 (-1%)	2mo	$209,000	$77	85
407 W 12th St	0.19mi	5/3.0 (+1)	2,881 (+5%)	11mo	$298,700	$104	65
1320 Ashland Ave	0.09mi	5/2.0 (+1)	2,684 (-2%)	21mo	$165,000	$61	62
825 Damico Dr	0.61mi	4/3.5	2,751 (+0%)	16mo	$325,000	$118	56
213 Country Club Rd	0.32mi	4/2.5	2,374 (-14%)	1mo	$350,000	$147	56
255 Irving Blvd	0.39mi	4/2.5	3,138 (+14%)	2mo	$254,000	$81	51
628 W 15th St	0.71mi	3/2.5 (-1)	2,922 (+6%)	9mo	$249,900	$86	38
917 N Memorial Dr	0.53mi	3/1.5 (-1)	2,419 (-12%)	8mo	$245,000	$101	34
808 Damico Dr	0.66mi	3/2.0 (-1)	2,385 (-13%)	21mo	$325,000	$136	16

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 · 6.48% rent growth · sell at horizon

5-year hold

• IRR: -27.7%
• Equity multiple: 0.03×
• Total profit: $-56,896
• Equity at exit: $31,163

10-year hold

• IRR: -12.3%
• Equity multiple: 0.10×
• Total profit: $-52,792
• Equity at exit: $18,071

Cash invested: $58,520 (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 60411

• Home prices YoY: -33.9%
• Rents YoY: 6.5%
• Active inventory: 224
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,207 medium
• Mortgage (P&I): −$1,096
• Tax from tax record: −$742 /mo · $8,905/yr
• Insurance: −$87
• Flood insurance flood zone: −$314 /mo · $3,765/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$463
• Net cashflow: $-495

Break-even live

Break-even rent $2,834

Max offer price $178,104

Occupancy floor —

Sensitivity live

Price	-10% $-377	-5% $-436	+0% $-495	+5% $-554	+10% $-614
Rent	-10% $-670	-5% $-583	+0% $-495	+5% $-408	+10% $-321
Rate	-1.0pp $-390	-0.5pp $-442	base $-495	+0.5pp $-549	+1.0pp $-605

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: $52,250
• Closing costs: $6,270
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-21
   days on market $209,000 Active 81 DOM
2. 2026-06-18
   days on market $209,000 Active 78 DOM
3. 2026-06-17
   days on market $209,000 Active 77 DOM
4. 2026-06-16
   days on market $209,000 Active 76 DOM
5. 2026-06-15
   days on market $209,000 Active 75 DOM
6. 2026-06-13
   days on market $209,000 Active 73 DOM
7. 2026-06-13
   days on market $209,000 Active 72 DOM
8. 2026-06-09
   days on market $209,000 Active 69 DOM
9. 2026-06-08
   days on market $209,000 Active 68 DOM
10. 2026-06-07
    days on market $209,000 Active 67 DOM
11. 2026-06-04
    days on market $209,000 Active 64 DOM
12. 2026-06-03
    days on market $209,000 Active 63 DOM
13. 2026-06-02
    days on market $209,000 Active 62 DOM
14. 2026-06-01
    days on market $209,000 Active 61 DOM
15. 2026-05-31
    days on market $209,000 Active 60 DOM
16. 2026-05-06
    price $209,000
17. 2026-04-01
    listed $225,000 Active
18. 2026-03-31
    historical
19. 2026-03-04
    price
20. 2026-02-17
    status Active
21. 2026-02-17
    price
22. 2026-01-29
    historical Contingent - No Showings
23. 2025-12-09
    price
24. 2025-11-06
    price
25. 2025-10-14
    price
26. 2025-10-06
    listed Active
27. 2023-12-14
    soldstatus $185,000
28. 2023-12-07
    soldstatus $185,000 Closed 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

29. 2023-11-02
    historical Contingent - Continue to Show 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

30. 2023-06-21
    status Active 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

31. 2023-06-16
    historical Contingent - No Showings 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

32. 2023-04-19
    status Active 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

33. 2023-04-18
    historical 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

34. 2023-04-17
    price $209,500 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

35. 2023-04-15
    listed $203,900 Active 247-char remark

    Show marketing remark (247 chars)

    A BIG OPPORTUNITY--Great investment -Fully rented with long time month to month tenants. Beautiful all stone and brick 4 unit in prime location. Tenant pays for their cooking gas and electric. Landlord pays the gas for the heat and the water bill.

36. 2013-08-08
    soldstatus $44,500 Closed Sale
37. 2013-07-19
    historical Contingent
38. 2013-05-07
    status Reactivated
39. 2013-04-08
    historical Contingent
40. 2013-02-13
    price $58,000 Price Change
41. 2013-02-12
    status Reactivated
42. 2013-01-30
    historical Contingent
43. 2013-01-14
    price $61,000 Price Change
44. 2012-09-04
    listed $85,000 New
45. 2012-09-02
    historical
46. 2012-06-18
    price Price Change
47. 2012-04-16
    price Price Change
48. 2011-10-20
    listed New
49. 2011-10-11
    historical
50. 2010-07-07
    price Price Change

ⓘ 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: $8,905 · $742/mo
• Projected year-2 tax: $8,905 · $742/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 4/10 Moderate FEMA zone A · 22% 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: $26,485
• − Mortgage interest: −$11,707
• − Property taxes: −$8,905
• − Insurance: −$4,810
• − Repairs & maintenance: −$2,119
• − Management: −$2,119
• − Depreciation: −$6,080
• Taxable loss: −$9,255
• Est. tax savings @ 24.0%: +$2,221
• After-tax cash flow: $-3,723/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: Bloom Twp Hsd 206
• NCES district ID: 1706420
• Math proficiency: 8% ▼ -3.00%
• Reading proficiency: 9% ▼ -8.00%
• Median HH income: $39,795
• Composite: 7.4/100
• National rank: #9952
• State rank: #591 of 620 in IL

Livability — Chicago Heights

• Score: 71/100
• State rank: #339
• US rank: #6836

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: Chicago Heights, IL
• County: Cook County · 4,486,803 people
• City population: 52,175
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 52,175
• Household income: $62,073
• Rent vs Own: 34.8% rent · 65.2% own
• Severe rent burden: 1714.0

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: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 49% Hispanic / Latino 26% White 19% Two or more races 11%
• Hispanic origin (detail): Mexican 22% Puerto Rican 2%
• Common ancestry: Romanian 4% Portuguese 1% Lithuanian 1%
• Foreign-born: 12% · Canada
• Languages at home: 76% English-only · Spanish 21% Russian/Polish/Slavic 1% Other Indo-European 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: ▼ -108.75%
• Current HPI: 212.4058
• Rent YoY: ▲ 6.48%
• 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

+198.6% since first listed

44 events — show timeline

• 2026-05-06 Price Changed $209,000 MRED as Distributed by MLS Grid
• 2026-04-01 Listed $225,000 MRED as Distributed by MLS Grid
• 2026-03-31 Listing Removed — MRED as Distributed by MLS Grid
• 2026-03-04 Price Changed — MRED as Distributed by MLS Grid
• 2026-02-17 Relisted — MRED as Distributed by MLS Grid
• 2026-02-17 Price Changed — MRED as Distributed by MLS Grid
• 2026-01-29 Contingent — MRED as Distributed by MLS Grid
• 2025-12-09 Price Changed — MRED as Distributed by MLS Grid
• 2025-11-06 Price Changed — MRED as Distributed by MLS Grid
• 2025-10-14 Price Changed — MRED as Distributed by MLS Grid
• 2025-10-06 Listed — MRED as Distributed by MLS Grid
• 2023-12-14 Sold (Public Records) $185,000 Public Records
• 2023-12-07 Sold (MLS) $185,000 MRED as Distributed by MLS Grid
• 2023-11-02 Contingent — MRED as Distributed by MLS Grid
• 2023-06-21 Relisted — MRED as Distributed by MLS Grid
• 2023-06-16 Contingent — MRED as Distributed by MLS Grid
• 2023-04-19 Relisted — MRED as Distributed by MLS Grid
• 2023-04-18 Listing Removed — MRED as Distributed by MLS Grid
• 2023-04-17 Price Changed $209,500 MRED as Distributed by MLS Grid
• 2023-04-15 Listed $203,900 MRED as Distributed by MLS Grid
• 2013-08-08 Sold (MLS) $44,500 MRED as Distributed by MLS Grid
• 2013-07-19 Contingent — MRED as Distributed by MLS Grid
• 2013-05-07 Relisted — MRED as Distributed by MLS Grid
• 2013-04-08 Contingent — MRED as Distributed by MLS Grid
• 2013-02-13 Price Changed $58,000 MRED as Distributed by MLS Grid
• 2013-02-12 Relisted — MRED as Distributed by MLS Grid
• 2013-01-30 Contingent — MRED as Distributed by MLS Grid
• 2013-01-14 Price Changed $61,000 MRED as Distributed by MLS Grid
• 2012-09-04 Listed $85,000 MRED as Distributed by MLS Grid
• 2012-09-02 Listing Removed — MRED as Distributed by MLS Grid
• 2012-06-18 Price Changed — MRED as Distributed by MLS Grid
• 2012-04-16 Price Changed — MRED as Distributed by MLS Grid
• 2011-10-20 Listed — MRED as Distributed by MLS Grid
• 2011-10-11 Listing Removed — MRED as Distributed by MLS Grid
• 2010-07-07 Price Changed — MRED as Distributed by MLS Grid
• 2010-04-27 Price Changed — MRED as Distributed by MLS Grid
• 2010-02-17 Price Changed — MRED as Distributed by MLS Grid
• 2009-08-31 Relisted — MRED as Distributed by MLS Grid
• 2009-08-29 Listing Removed — MRED as Distributed by MLS Grid
• 2009-08-18 Listed — MRED as Distributed by MLS Grid
• 2008-05-27 Listing Removed — MRED as Distributed by MLS Grid
• 2007-11-27 Listed — MRED as Distributed by MLS Grid
• 1980-05-02 Sold (Public Records) $70,000 Public Records
• 1980-05-02 Sold (Public Records) $70,000 Public Records

Property tax history

+5.6%/yr

Latest (2023): $8,905 · +22.1% YoY. Source: county tax records.