14910 S Wood St · Harvey, IL 60426

$150,000

1 bd · 1.0 ba · 422 sqft · SingleFamily public records · 36 Days on market

Built 1931

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Why this score? — see what drove the F 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.2/30.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0
• Schools +0.7/10.0
• DSCR +0.5/10.0

Listing remarks

Welcome to this well-maintained single-family residence, offering a comfortable living environment complemented by attractive outdoor features. The home includes three spacious bedrooms and two full bathrooms, with a finished basement suitable for families of various sizes. The sizable yard provides ample space for outdoor activities, gardening, or leisure. Additionally, the property features a two-bedroom, one-bathroom accessory dwelling unit (ADU), providing versatile options such as accommodating guests, extended family, functioning as a home office, or generating rental income. This property presents a range of opportunities for first-time buyers or investors interested in expanding the

Key facts

• Sizable yard
• Finished basement
• 3 parking spots

Tags

• FINISHED BASEMENT
• SIZABLE YARD
• ACCESSORY DWELLING UNIT

Property features AI

Finance

• Other: Parcel numbers associated with the property: 29074180170000, 29074180180000, 29074180190000; Lot listed as less than 0.25 acre; Directions: Sibley (147th St.) to Wood, south to 149 St.
• HOA & community: No master association fee required

Exterior

• Parking: 3 parking spaces total; Concrete off-street parking
• Utilities: Water from Lake Michigan; Public sewer; Electric service available
• Home design: Detached single-family home; 2-story with coach house; Fee simple ownership
• Construction: Vinyl siding; Shake roof; Concrete perimeter foundation; Built before 1978
• Exterior features: Commuter bus access and nearby interstate access

Interior

• Kitchen: Main-level kitchen; Second kitchen also listed
• Bedrooms: 5 bedrooms (all on main level)
• Flooring: Hardwood flooring in living room and main kitchen
• Bathrooms: 3 full bathrooms; Basement has a bathroom
• Heating & cooling: Natural gas heating
• Interior features: Finished attic; Unfinished full basement; 9 total rooms
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-469 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $82k (45.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $96k (35.9% below list).
• Recommended offer: $82k (45.2% below list) — sets the bar for cash-flow.
• Cap rate 4.1% vs local median 9.3% in Harvey — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 67/100 on livability (#539 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A-; Watch: health & safety D+, schools F, 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: 134 active listings in the ZIP; 6,272 units permitted in Cook County in 2024 (4,658 in 5+ unit buildings).

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 4 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.
• Current owner paid $6k; list at $150k implies a 2603% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $192/mo; built in 1931 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,139 (45.2% 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 36 days. Have you received any prior offers? Is the seller open to a 45% concession, seller financing, or rate buy-down credit?
3. Built in 1931 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.64% ✗
• Cap rate: 4.08%
• Cash-on-cash: -7.90%
• DSCR: 0.65
• GRM: 13.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.0%
• Equity multiple: 2.24×
• Total profit: $51,958
• Equity at exit: $135,132

10-year hold

• IRR: 14.7%
• Equity multiple: 5.21×
• Total profit: $176,759
• Equity at exit: $291,417

Cash invested: $42,000 (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 60426

• Home prices YoY: 6.9%
• Active inventory: 134
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $962 medium
• Mortgage (P&I): −$787
• Tax est. 1.5%: −$188 /mo · $2,250/yr
• Insurance: −$62
• Flood insurance flood zone: −$192 /mo · $2,309/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$202
• Net cashflow: $-469

Break-even live

Break-even rent $1,556

Max offer price $82,139

Occupancy floor —

Sensitivity live

Price	-10% $-365	-5% $-417	+0% $-469	+5% $-521	+10% $-573
Rent	-10% $-545	-5% $-507	+0% $-469	+5% $-431	+10% $-393
Rate	-1.0pp $-393	-0.5pp $-431	base $-469	+0.5pp $-508	+1.0pp $-547

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $150,000 Active 36 DOM
2. 2026-06-17
   days on market $150,000 Active 35 DOM
3. 2026-06-16
   days on market $150,000 Active 34 DOM
4. 2026-06-15
   days on market $150,000 Active 33 DOM
5. 2026-06-13
   days on market $150,000 Active 31 DOM
6. 2026-06-13
   days on market $150,000 Active 30 DOM
7. 2026-06-09
   days on market $150,000 Active 27 DOM
8. 2026-06-08
   days on market $150,000 Active 26 DOM
9. 2026-06-07
   days on market $150,000 Active 25 DOM
10. 2026-06-04
    days on market $150,000 Active 22 DOM
11. 2026-06-03
    days on market $150,000 Active 21 DOM
12. 2026-06-02
    days on market $150,000 Active 20 DOM
13. 2026-06-01
    days on market $150,000 Active 19 DOM
14. 2026-05-31
    days on market $150,000 Active 18 DOM
15. 2026-05-13
    listed $150,000 Active
16. 2026-05-08
    historical
17. 2025-08-23
    status Active
18. 2025-08-18
    historical Contingent - Continue to Show
19. 2025-06-10
    price
20. 2025-05-08
    listed Active
21. 2025-05-08
    historical
22. 2025-05-05
    listed Active
23. 2017-02-16
    soldstatus $5,550

ⓘ 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 4/10 Moderate FEMA zone AH · 21% 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: $11,545
• − Mortgage interest: −$8,402
• − Property taxes: −$2,250
• − Insurance: −$3,059
• − Repairs & maintenance: −$924
• − Management: −$924
• − Depreciation: −$4,364
• Taxable loss: −$8,377
• Est. tax savings @ 24.0%: +$2,010
• After-tax cash flow: $-3,617/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 — Harvey

• Score: 67/100
• State rank: #539
• US rank: #11162

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harvey, IL
• City population: 23,066
• Population (ZIP): 23,066

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: Majority Black (59%)
• Race & ethnicity: Black 59% Hispanic / Latino 33% Two or more races 12% White 3% Asian 2%
• Hispanic origin (detail): Mexican 31%
• Foreign-born: 17% · Canada
• Languages at home: 67% English-only · Spanish 30% Other Indo-European 2% French/Haitian/Cajun 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: ▲ 20.36%
• Current HPI: 313.7895
• 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

+2602.7% since first listed

9 events — show timeline

• 2026-05-13 Listed $150,000 MRED as Distributed by MLS Grid
• 2026-05-08 Listing Removed — MRED as Distributed by MLS Grid
• 2025-08-23 Relisted — MRED as Distributed by MLS Grid
• 2025-08-18 Contingent — MRED as Distributed by MLS Grid
• 2025-06-10 Price Changed — MRED as Distributed by MLS Grid
• 2025-05-08 Listing Removed — MRED as Distributed by MLS Grid
• 2025-05-08 Listed — MRED as Distributed by MLS Grid
• 2025-05-05 Listed — MRED as Distributed by MLS Grid
• 2017-02-16 Sold (Public Records) $5,550 Public Records

Property tax history

+16.0%/yr

Latest (2023): $8,668 · +32.4% YoY. Source: county tax records.