336 Mohawk St · Park Forest, IL 60466

$158,500

3 bd · 1.0 ba · 1,309 sqft · SingleFamily public records · 31 Days on market

Built 1952 7,405 sqft lot Est $162k · at est.

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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 +25.9/30.0
• DSCR +8.7/10.0
• ARV discount +8.6/15.0
• 1% rule +8.2/10.0
• 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 MLS

Come check out this lovely and well maintained two bedroom home on a large lot. The home features a large living room, eat-in kitchen, two large bedrooms, one bathroom, and a separate laundry room. In the rear of the home is beautiful large family room with beamed cathedral ceilings, a gas fireplace and sliding doors leading out to the two-tiered deck and large fenced yard. There is also a brick paver patio and a one and half car garage for extra storage. Newer flooring throughout most of the house, new oven/stove 2023, new roof 2016, new water heater 2018. There are two separate heating and cooling systems, central air conditioning and furnace/gas forced air throughout the main home and the family room has a separate wall heater and wall A/C. This home is move in ready and waiting for you! Don't Delay...Schedule Your Showing Today!

Key facts

• 7,405 sq ft lot
• Garage
• Built 1952

Property features AI

Finance

• HOA & community: No master association fee required; Community features include curbs, sidewalks, and paved streets

Exterior

• Parking: Detached garage (owned) plus driveway; Total parking for 3 vehicles; One garage space
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story layout; Fee simple ownership; Built before 1978 (age ~71–80 years)
• Construction: Aluminum siding and brick exterior; Asphalt roof; Concrete perimeter foundation
• Exterior features: Deck; Patio; Fenced yard; Irregular lot with recorded lot dimensions

Interior

• Kitchen: Eating-area kitchen (12 x 10) with blinds; Range; Refrigerator
• Bedrooms: Master bedroom on the main level (14 x 10) with plantation shutters; Second bedroom on the main level (11 x 11) with blinds; Two additional labeled bedrooms
• Flooring: Vinyl flooring in living room, family room, master and secondary bedrooms; Ceramic tile in kitchen and laundry
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Natural gas heating with forced air; Multiple heating systems (2+); Central air; Wall unit(s) for cooling; Other heating system(s)
• Interior features: First-floor bedroom; First-floor full bathroom; Beamed ceilings; Five total rooms; One fireplace with gas starter in the family room
• Laundry & utility: Main-level laundry room (12 x 8); Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $158k.

Deal economics

• At list price, monthly cash flow is $390 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $158k).
• Recommended offer: $154k (3.0% 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; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 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.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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: property tax is 2.8% of price; built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $153,745 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 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 1952 — 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: 1.32% ✓
• Cap rate: 9.25%
• Cash-on-cash: 10.56%
• DSCR: 1.47
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $162,316
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
339 Blackhawk Dr	0.10mi	3/2.0	1,417 (+8%)	1mo	$234,200	$165	76
287 Mohawk St	0.25mi	3/1.0	1,408 (+8%)	1mo	$175,000	$124	75
308 Minocqua St	0.18mi	3/1.0	1,148 (-12%)	1mo	$139,000	$121	70
210 Marquette St	0.55mi	3/1.0	1,269 (-3%)	0mo	$153,000	$121	69
356 Wilshire St	0.43mi	3/1.5	1,248 (-5%)	2mo	$50,000	$40	68
251 Westwood Dr	0.40mi	3/2.0	1,248 (-5%)	2mo	$217,000	$174	68
356 Waverly St	0.32mi	3/2.0	1,419 (+8%)	2mo	$120,000	$85	66
140 Nashua St	0.75mi	3/1.0	1,313 (+0%)	1mo	$103,000	$78	64
433 Lakewood Blvd	0.60mi	3/1.5	1,248 (-5%)	2mo	$165,000	$132	60
223 Miami St	0.50mi	3/1.0	1,162 (-11%)	1mo	$166,000	$143	57
354 Westgate Dr	0.53mi	3/1.5	1,470 (+12%)	2mo	$75,000	$51	51
131 Sauk Trl	0.73mi	3/1.0	1,148 (-12%)	2mo	$144,000	$125	44

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: -0.4%
• Equity multiple: 0.98×
• Total profit: $-683
• Equity at exit: $23,633

10-year hold

• IRR: 9.3%
• Equity multiple: 1.72×
• Total profit: $31,976
• Equity at exit: $13,704

Cash invested: $44,380 (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: 6.3×

Monthly cashflow live

• Estimated rent: $2,096 high
• Mortgage (P&I): −$831
• Tax from tax record: −$368 /mo · $4,415/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $390

Break-even live

Break-even rent $1,601

Max offer price $158,500

Occupancy floor 76%

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: $39,625
• Closing costs: $4,755
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
411 Huron St Park Forest, IL	3.0	1.0	1092	$2,300	$2.11	24d	1	0.61mi
400 Watseka St Park Forest, IL	4.0	2.0	1161	$2,161	$1.86	16d	1	0.63mi
277 Somonauk St Park Forest, IL	3.0	1.0	966	$2,000	$2.07	3d	1	0.64mi
3905 Tower Dr Richton Park, IL	1.0–2.0	1.0–2.0	905	$1,795	$1.98	1d	19	0.77mi
372 Oswego St Park Forest, IL	4.0	1.0	1200	$2,600	$2.17	24d	1	0.77mi
490 Shabbona Dr Park Forest, IL	3.0	1.0	1300	$1,895	$1.46	3d	1	0.85mi
4014 Euclid Ln Richton Park, IL	2.0	1.0	1100	$2,100	$1.91	7d	1	0.86mi
4014 Euclid Ln Richton Park, IL	3.0	1.0	1100	$2,100	$1.91	12d	1	0.86mi
4014 Euclid Ln Richton Park, IL	2.0	1.0	1100	$2,100	$1.91	22d	1	0.86mi
441 Talala St Park Forest, IL	4.0	2.0	1740	$2,500	$1.44	24d	1	0.91mi
111 Nashua St Park Forest, IL	4.0	1.5	1500	$2,500	$1.67	24d	1	0.93mi
22501 Butterfield Rd Unit 22415-207 Richton Park, IL	2.0	1.5	944	$1,360	$1.44	7d	1	1.00mi
22501 Butterfield Rd Unit 22400-311 Richton Park, IL	2.0	1.0	882	$1,360	$1.54	7d	1	1.00mi
22501 Butterfield Rd Unit 22411-514 Richton Park, IL	2.0	1.5	1021	$1,365	$1.34	7d	1	1.00mi
22501 Butterfield Rd Unit 22411-506 Richton Park, IL	2.0	1.0	882	$1,325	$1.50	7d	1	1.00mi
235 Tampa St Park Forest, IL	3.0	1.0	1092	$2,000	$1.83	24d	1	1.04mi
194 Monee Rd Park Forest, IL	3.0	1.0	1092	$1,971	$1.80	22d	1	1.05mi
4200 Arlington Dr Richton Park, IL	3.0	2.0	1595	$2,061	$1.29	20d	1	1.06mi
19 Apple Ln Park Forest, IL	3.0	1.0	1541	$2,300	$1.49	12d	1	1.20mi
3324 Western Ave Park Forest, IL	1.0–3.0	1.0	1026	$1,995	$1.94	1d	11	1.28mi
3838 216th Pl Matteson, IL	2.0	2.0	1160	$1,996	$1.72	20d	1	1.29mi
22015 E Churchill Dr Richton Park, IL	4.0	2.0	1200	$2,300	$1.92	24d	1	1.40mi

Listing history 21 events

1. 2026-06-18
   days on market $158,500 Active 31 DOM
2. 2026-06-17
   days on market $158,500 Active 30 DOM
3. 2026-06-16
   days on market $158,500 Active 29 DOM
4. 2026-06-15
   days on market $158,500 Active 28 DOM
5. 2026-06-13
   days on market $158,500 Active 26 DOM
6. 2026-06-09
   days on market $158,500 Active 22 DOM
7. 2026-06-08
   pricedays on market $158,500 Active 21 DOM
8. 2026-06-07
   days on market $165,000 Active 20 DOM
9. 2026-06-04
   days on market $165,000 Active 17 DOM
10. 2026-06-03
    days on market $165,000 Active 16 DOM
11. 2026-06-02
    days on market $165,000 Active 15 DOM
12. 2026-06-01
    days on market $165,000 Active 14 DOM
13. 2026-05-31
    days on market $165,000 Active 13 DOM
14. 2026-05-18
    listed $165,000 Active
15. 2026-04-09
    historical
16. 2023-04-17
    soldstatus $141,000
17. 2023-04-07
    soldstatus $140,900 Closed 844-char remark

    Show marketing remark (844 chars)

    Come check out this lovely and well maintained two bedroom home on a large lot. The home features a large living room, eat-in kitchen, two large bedrooms, one bathroom, and a separate laundry room. In the rear of the home is beautiful large family room with beamed cathedral ceilings, a gas fireplace and sliding doors leading out to the two-tiered deck and large fenced yard. There is also a brick paver patio and a one and half car garage for extra storage. Newer flooring throughout most of the house, new oven/stove 2023, new roof 2016, new water heater 2018. There are two separate heating and cooling systems, central air conditioning and furnace/gas forced air throughout the main home and the family room has a separate wall heater and wall A/C. This home is move in ready and waiting for you! Don't Delay...Schedule Your Showing Today!

18. 2023-03-06
    historical Contingent - Continue to Show 844-char remark

    Show marketing remark (844 chars)

    Come check out this lovely and well maintained two bedroom home on a large lot. The home features a large living room, eat-in kitchen, two large bedrooms, one bathroom, and a separate laundry room. In the rear of the home is beautiful large family room with beamed cathedral ceilings, a gas fireplace and sliding doors leading out to the two-tiered deck and large fenced yard. There is also a brick paver patio and a one and half car garage for extra storage. Newer flooring throughout most of the house, new oven/stove 2023, new roof 2016, new water heater 2018. There are two separate heating and cooling systems, central air conditioning and furnace/gas forced air throughout the main home and the family room has a separate wall heater and wall A/C. This home is move in ready and waiting for you! Don't Delay...Schedule Your Showing Today!

19. 2023-02-23
    listed $134,900 Active 844-char remark

    Show marketing remark (844 chars)

    Come check out this lovely and well maintained two bedroom home on a large lot. The home features a large living room, eat-in kitchen, two large bedrooms, one bathroom, and a separate laundry room. In the rear of the home is beautiful large family room with beamed cathedral ceilings, a gas fireplace and sliding doors leading out to the two-tiered deck and large fenced yard. There is also a brick paver patio and a one and half car garage for extra storage. Newer flooring throughout most of the house, new oven/stove 2023, new roof 2016, new water heater 2018. There are two separate heating and cooling systems, central air conditioning and furnace/gas forced air throughout the main home and the family room has a separate wall heater and wall A/C. This home is move in ready and waiting for you! Don't Delay...Schedule Your Showing Today!

20. 1987-09-01
    soldstatus $53,000
21. 1984-07-01
    soldstatus $50,000

ⓘ 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: $4,415 · $368/mo
• Projected year-2 tax: $4,415 · $368/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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,148
• − Mortgage interest: −$8,878
• − Property taxes: −$4,415
• − Insurance: −$792
• − Repairs & maintenance: −$2,012
• − Management: −$2,012
• − Depreciation: −$4,611
• Taxable income: $2,427
• Est. tax owed @ 24.0%: −$583
• After-tax cash flow: $4,102/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

+230.0% since first listed

8 events — show timeline

• 2026-05-18 Listed $165,000 MRED as Distributed by MLS Grid
• 2026-04-09 Listing Removed — MRED as Distributed by MLS Grid
• 2023-04-17 Sold (Public Records) $141,000 Public Records
• 2023-04-07 Sold (MLS) $140,900 MRED as Distributed by MLS Grid
• 2023-03-06 Contingent — MRED as Distributed by MLS Grid
• 2023-02-23 Listed $134,900 MRED as Distributed by MLS Grid
• 1987-09-01 Sold (Public Records) $53,000 Public Records
• 1984-07-01 Sold (Public Records) $50,000 Public Records

Property tax history

+0.8%/yr

Latest (2023): $4,415 · +5174.5% YoY. Source: county tax records.