152 Oakhurst Rd · Matteson, IL 60443

$236,000

4 bd · 2.5 ba · 2,249 sqft · SingleFamily public records · 60 Days on market

Built 1978 Est $335k · 30% under ↓ 5% since listing

---

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 +21.3/30.0
• ARV discount +15.0/15.0
• 1% rule +7.4/10.0
• DSCR +6.8/10.0
• Livability +3.4/5.0
• 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 and full of opportunity, this spacious home is nestled on a quiet, established street in desirable Matteson-offering the perfect blend of comfort today and potential for tomorrow. A ceramic-tiled foyer welcomes you into inviting living spaces highlighted by beautiful hardwood floors and a functional layout designed for everyday living. The kitchen is both practical and promising, featuring granite countertops, custom cabinetry, canned lighting, and a built-in wine refrigerator-ready to enjoy now, with room to elevate to your personal style over time. Bathrooms are finished with ceramic tile, and the freshly painted primary suite provides a private retreat, while all bedrooms

Key facts

• Custom cabinetry
• Large patio
• Ceramic tiled foyer

Tags

• CERAMIC TILED FOYER
• GRANITE COUNTERTOPS
• CUSTOM CABINETRY
• BUILT IN WINE REFRIGERATOR
• CERAMIC TILE FINISHES
• LARGE PATIO

Property features AI

Finance

• Other: Property not currently leased
• HOA & community: No master association fee required

Exterior

• Parking: Attached garage (2 spaces); Asphalt driveway; 2 total parking spaces
• Utilities: Public water; Public sewer
• Home design: Detached single-family split-level home; Fee simple ownership; Interstate access nearby
• Construction: Vinyl siding and brick exterior; Built approximately 41–50 years ago; Not remodeled/rebuilt
• Exterior features: Less than 0.25-acre lot

Interior

• Kitchen: Granite counters; Updated kitchen; Range; Microwave; Dishwasher; Refrigerator; Wine refrigerator
• Bedrooms: 4 bedrooms (master bedroom on second level; additional bedrooms on second and lower levels)
• Flooring: Hardwood in living and dining areas; Carpet in bedrooms and lower-level family areas
• Bathrooms: 3 full bathrooms
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: 8 total rooms; Enclosed balcony
• Laundry & utility: Laundry room (lower level); Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $236k.

Deal economics

• At list price, monthly cash flow is $344 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $236k).
• Recommended offer: $229k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 6.2% in Matteson — 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 67/100 on livability (#525 in IL) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, cost of living A; Watch: schools D+, amenities F, commute 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: 69 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 7d 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: property tax is 3.2% of price.

Recommended offer $228,920 (3.0% below list)

Questions for the listing agent

1. It's been on market 60 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 1978 — 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. 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: 1.24% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.26%
• DSCR: 1.28
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $335,101
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
152 Oakhurst Rd	0.00mi	4/3.0	2,249 (0%)	1mo	$236,000	$105	97
50 Willow Rd	0.26mi	4/2.5	2,233 (-1%)	1mo	$366,000	$164	86
6237 Michael Ln	0.41mi	4/3.0	2,200 (-2%)	1mo	$300,000	$136	74
5811 Kathryn Ln	0.25mi	4/2.5	2,138 (-5%)	11mo	$339,900	$159	71
40 Huntingwood Rd	0.22mi	4/2.5	2,500 (+11%)	1mo	$260,000	$104	71
433 Wheatfield Rd	0.47mi	4/3.0	2,140 (-5%)	3mo	$365,000	$171	66
13 Oakview Rd	0.28mi	4/2.5	1,930 (-14%)	1mo	$236,000	$122	62
749 Old Farm Rd	0.63mi	4/3.0	2,305 (+2%)	3mo	$235,000	$102	62
5736 Timberlane Rd	0.31mi	4/2.5	1,942 (-14%)	11mo	$329,000	$169	53
6047 Elm Ln	0.51mi	4/2.0	2,500 (+11%)	11mo	$334,900	$134	47
5522 Mallard Dr	0.52mi	3/2.5 (-1)	1,972 (-12%)	8mo	$308,000	$156	44
255 Central Ave	0.60mi	4/3.5	1,952 (-13%)	4mo	$289,900	$149	43

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: -6.6%
• Equity multiple: 0.76×
• Total profit: $-16,059
• Equity at exit: $35,188

10-year hold

• IRR: 3.2%
• Equity multiple: 1.23×
• Total profit: $15,262
• Equity at exit: $20,405

Cash invested: $66,080 (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 60443

• Home prices YoY: -32.6%
• Active inventory: 69
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $2,916 medium
• Mortgage (P&I): −$1,238
• Tax from tax record: −$623 /mo · $7,475/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$612
• Net cashflow: $344

Break-even live

Break-even rent $2,480

Max offer price $236,000

Occupancy floor 83%

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: $59,000
• Closing costs: $7,080
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
48 Cloverleaf Rd Matteson, IL	4.0	3.0	2100	$2,951	$1.41	10d	1	0.28mi
6048 White Birch Ln Matteson, IL	3.0	2.5	1638	$2,741	$1.67	6d	1	0.58mi
4962 Bennett St Matteson, IL	2.0–3.0	2.5	1341	$3,120	$2.33	1d	7	1.24mi

Listing history 6 events

1. 2026-05-08
   status Pending
2. 2026-04-25
   historical Contingent - Continue to Show
3. 2026-04-18
   price $236,000
4. 2026-03-08
   listed $247,500 Active
5. 2026-03-08
   historical
6. 2026-01-05
   listed Active

ⓘ 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: $7,475 · $623/mo
• Projected year-2 tax: $7,475 · $623/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 · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,986
• − Mortgage interest: −$13,220
• − Property taxes: −$7,475
• − Insurance: −$1,180
• − Repairs & maintenance: −$2,799
• − Management: −$2,799
• − Depreciation: −$6,865
• Taxable income: $649
• Est. tax owed @ 24.0%: −$156
• After-tax cash flow: $3,978/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 — Matteson

• Score: 67/100
• State rank: #525
• US rank: #10883

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Matteson, IL
• City population: 20,606
• Population (ZIP): 20,606

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 (72%)
• Race & ethnicity: Black 72% White 18% Two or more races 6% Hispanic / Latino 5% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4%

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: ▼ -89.68%
• Current HPI: 185.4404
• 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

-4.6% since first listed

6 events — show timeline

• 2026-05-08 Pending — MRED as Distributed by MLS Grid
• 2026-04-25 Contingent — MRED as Distributed by MLS Grid
• 2026-04-18 Price Changed $236,000 MRED as Distributed by MLS Grid
• 2026-03-08 Listing Removed — MRED as Distributed by MLS Grid
• 2026-03-08 Listed $247,500 MRED as Distributed by MLS Grid
• 2026-01-05 Listed — MRED as Distributed by MLS Grid

Property tax history

+5.4%/yr

Latest (2023): $7,475 · +43.7% YoY. Source: county tax records.