374 Sauk Trl · Park Forest, IL 60466

$125,000

3 bd · 1.5 ba · 1,170 sqft · SingleFamily public records · 111 Days on market

Built 1956 7,562 sqft lot Est $160k · 22% under

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Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

This classic ranch-style home with an attached garage has 3 bedrooms and 1.5 bathrooms. This property presents a fantastic opportunity for buyers or investors. Currently tenant-occupied with a lease in place through 02/28/2027. Schedule your showing today!

Key facts

• 7,562 sq ft lot
• Garage
• Built 1956

Property features AI

Finance

• Other: Possession at closing
• Financial info: Special service area: No
• HOA & community: No master association fee required

Exterior

• Parking: Attached garage (1-car)
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story layout; Fee simple ownership; Property currently leased
• Construction: Brick construction; Built 61–70 years ago; Built before 1978
• Exterior features: Lot smaller than 0.25 acre; Lot dimensions recorded

Interior

• Kitchen: Kitchen on the main level (approximately 10 x 12)
• Bedrooms: 3 bedrooms (all on the main level); Master bedroom on the main level with a full bath
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: 7 total rooms
• Laundry & utility: Dedicated laundry room

🏷️ Possibly a rental listed for sale. The $125,000 price doesn't fit this home's estimated sale value (~$160,290) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $746 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.5% vs local median 9.7% in Park Forest — 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 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; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 13d 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 40% 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 $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 17y 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.
• Current owner paid $70k; list at $125k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,750 (9.0% below list)

Questions for the listing agent

1. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — 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: 1.63% ✓
• Cap rate: 13.46%
• Cash-on-cash: 25.59%
• DSCR: 2.14
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $160,290
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
506 Wildwood Dr	0.22mi	3/1.5	1,170 (0%)	3mo	$160,000	$137	87
356 Wilshire St	0.18mi	3/1.5	1,248 (+7%)	2mo	$50,000	$40	79
308 Minocqua St	0.39mi	3/1.0	1,148 (-2%)	1mo	$139,000	$121	76
3435 218 Pl	0.53mi	3/1.5	1,154 (-1%)	2mo	$183,000	$159	71
251 Westwood Dr	0.35mi	3/2.0	1,248 (+7%)	2mo	$217,000	$174	69
306 Winnebago St	0.36mi	3/2.0	1,088 (-7%)	3mo	$105,000	$97	67
356 Winnebago St	0.48mi	3/2.0	1,088 (-7%)	1mo	$150,000	$138	63
314 Windsor St	0.23mi	3/1.0	1,014 (-13%)	2mo	$141,000	$139	63
433 Lakewood Blvd	0.59mi	3/1.5	1,248 (+7%)	2mo	$165,000	$132	60
434 Shabbona Dr	0.74mi	3/1.0	1,092 (-7%)	0mo	$177,900	$163	52
210 Marquette St	0.75mi	3/1.0	1,269 (+8%)	1mo	$153,000	$121	48
254 Blackhawk Dr	0.65mi	2/1.0 (-1)	1,000 (-14%)	2mo	$105,000	$105	37

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: 19.2%
• Equity multiple: 1.78×
• Total profit: $27,314
• Equity at exit: $18,638

10-year hold

• IRR: 27.5%
• Equity multiple: 3.43×
• Total profit: $85,122
• Equity at exit: $10,808

Cash invested: $35,000 (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 60466

• Home prices YoY: -21.1%
• Active inventory: 102
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,038 high
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $746

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 58%

Sensitivity live

Price	-10% $833	-5% $790	+0% $746	+5% $703	+10% $660
Rent	-10% $585	-5% $666	+0% $746	+5% $827	+10% $907
Rate	-1.0pp $809	-0.5pp $778	base $746	+0.5pp $714	+1.0pp $681

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 21 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	0.35mi
3905 Tower Dr Richton Park, IL	1.0–2.0	1.0–2.0	905	$1,795	$1.98	1d	19	0.59mi
4014 Euclid Ln Richton Park, IL	2.0	1.0	1100	$2,100	$1.91	7d	1	0.62mi
4014 Euclid Ln Richton Park, IL	2.0	1.0	1100	$2,100	$1.91	22d	1	0.62mi
4014 Euclid Ln Richton Park, IL	3.0	1.0	1100	$2,100	$1.91	13d	1	0.62mi
411 Huron St Park Forest, IL	3.0	1.0	1092	$2,300	$2.11	25d	1	0.88mi
277 Somonauk St Park Forest, IL	3.0	1.0	966	$2,000	$2.07	3d	1	0.92mi
22501 Butterfield Rd Unit 22411-514 Richton Park, IL	2.0	1.5	1021	$1,365	$1.34	7d	1	0.95mi
22501 Butterfield Rd Unit 22400-311 Richton Park, IL	2.0	1.0	882	$1,360	$1.54	7d	1	0.95mi
22501 Butterfield Rd Unit 22411-506 Richton Park, IL	2.0	1.0	882	$1,325	$1.50	7d	1	0.95mi
22501 Butterfield Rd Unit 22415-207 Richton Park, IL	2.0	1.5	944	$1,360	$1.44	7d	1	0.95mi
22501 Butterfield Rd Unit 22419-109 Richton Park, IL	2.0	1.0	798	$1,310	$1.64	7d	1	0.95mi
372 Oswego St Park Forest, IL	4.0	1.0	1200	$2,600	$2.17	25d	1	0.99mi
3838 216th Pl Matteson, IL	2.0	2.0	1160	$1,996	$1.72	20d	1	1.02mi
490 Shabbona Dr Park Forest, IL	3.0	1.0	1300	$1,895	$1.46	3d	1	1.13mi
111 Nashua St Park Forest, IL	4.0	1.5	1500	$2,500	$1.67	25d	1	1.18mi
22015 E Churchill Dr Richton Park, IL	4.0	2.0	1200	$2,300	$1.92	25d	1	1.25mi
235 Tampa St Park Forest, IL	3.0	1.0	1092	$2,000	$1.83	25d	1	1.32mi
194 Monee Rd Park Forest, IL	3.0	1.0	1092	$1,971	$1.80	22d	1	1.33mi
3324 Western Ave Park Forest, IL	1.0–3.0	1.0	1026	$1,995	$1.94	1d	11	1.33mi
3538 212th Pl Matteson, IL	3.0	1.0	1209	$2,000	$1.65	25d	1	1.37mi

Listing history 45 events

1. 2026-06-18
   days on market $125,000 Active 111 DOM
2. 2026-06-17
   days on market $125,000 Active 110 DOM
3. 2026-06-16
   days on market $125,000 Active 109 DOM
4. 2026-06-15
   days on market $125,000 Active 108 DOM
5. 2026-06-13
   days on market $125,000 Active 106 DOM
6. 2026-06-09
   days on market $125,000 Active 102 DOM
7. 2026-06-08
   days on market $125,000 Active 101 DOM
8. 2026-06-07
   days on market $125,000 Active 100 DOM
9. 2026-06-04
   days on market $125,000 Active 97 DOM
10. 2026-06-03
    days on market $125,000 Active 96 DOM
11. 2026-06-02
    days on market $125,000 Active 95 DOM
12. 2026-06-01
    days on market $125,000 Active 94 DOM
13. 2026-05-31
    days on market $125,000 Active 93 DOM
14. 2026-02-27
    listed $125,000 Active
15. 2026-02-27
    historical
16. 2025-07-18
    listed Active
17. 2025-07-17
    historical
18. 2025-01-10
    listed Active
19. 2025-01-10
    listed Active
20. 2025-01-10
    historical
21. 2021-07-28
    soldstatus $70,000
22. 2021-07-16
    soldstatus $70,000 Closed
23. 2021-07-14
    status Back On Market
24. 2021-07-13
    historical
25. 2021-07-12
    listed New
26. 2021-04-10
    status Contingent (Do Not Show)
27. 2021-03-31
    historical
28. 2021-02-12
    price $88,000
29. 2020-12-27
    price $93,000
30. 2020-11-17
    listed $98,000 New
31. 2014-09-06
    historical
32. 2014-06-19
    price Price Change
33. 2014-03-22
    price Price Change
34. 2014-03-06
    listed New
35. 2009-12-04
    soldstatus $25,000 Closed Sale
36. 2009-10-12
    historical Contingent
37. 2009-10-06
    price $30,000 Price Change
38. 2009-10-02
    listed $37,900 New
39. 2009-09-29
    historical
40. 2009-09-24
    status Reactivated
41. 2009-09-11
    historical Contingent
42. 2009-08-18
    listed New
43. 2003-10-24
    soldstatus $127,000
44. 2002-06-07
    soldstatus $82,500
45. 1991-08-07
    soldstatus $63,000

ⓘ 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: $24,459
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,957
• − Management: −$1,957
• − Depreciation: −$3,636
• Taxable income: $7,408
• Est. tax owed @ 24.0%: −$1,778
• After-tax cash flow: $7,179/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

+98.4% since first listed

32 events — show timeline

• 2026-02-27 Listing Removed — MRED as Distributed by MLS Grid
• 2026-02-27 Listed $125,000 MRED as Distributed by MLS Grid
• 2025-07-18 Listed — MRED as Distributed by MLS Grid
• 2025-07-17 Listing Removed — MRED as Distributed by MLS Grid
• 2025-01-10 Listing Removed — MRED as Distributed by MLS Grid
• 2025-01-10 Listed — MRED as Distributed by MLS Grid
• 2025-01-10 Listed — MRED as Distributed by MLS Grid
• 2021-07-28 Sold (Public Records) $70,000 Public Records
• 2021-07-16 Sold (MLS) $70,000 MRED as Distributed by MLS Grid
• 2021-07-14 Relisted — MRED as Distributed by MLS Grid
• 2021-07-13 Listing Removed — MRED as Distributed by MLS Grid
• 2021-07-12 Listed — MRED as Distributed by MLS Grid
• 2021-04-10 Pending — MRED as Distributed by MLS Grid
• 2021-03-31 Listing Removed — MRED as Distributed by MLS Grid
• 2021-02-12 Price Changed $88,000 MRED as Distributed by MLS Grid
• 2020-12-27 Price Changed $93,000 MRED as Distributed by MLS Grid
• 2020-11-17 Listed $98,000 MRED as Distributed by MLS Grid
• 2014-09-06 Listing Removed — MRED as Distributed by MLS Grid
• 2014-06-19 Price Changed — MRED as Distributed by MLS Grid
• 2014-03-22 Price Changed — MRED as Distributed by MLS Grid
• 2014-03-06 Listed — MRED as Distributed by MLS Grid
• 2009-12-04 Sold (MLS) $25,000 MRED as Distributed by MLS Grid
• 2009-10-12 Contingent — MRED as Distributed by MLS Grid
• 2009-10-06 Price Changed $30,000 MRED as Distributed by MLS Grid
• 2009-10-02 Listed $37,900 MRED as Distributed by MLS Grid
• 2009-09-29 Listing Removed — MRED as Distributed by MLS Grid
• 2009-09-24 Relisted — MRED as Distributed by MLS Grid
• 2009-09-11 Contingent — MRED as Distributed by MLS Grid
• 2009-08-18 Listed — MRED as Distributed by MLS Grid
• 2003-10-24 Sold (Public Records) $127,000 Public Records
• 2002-06-07 Sold (Public Records) $82,500 Public Records
• 1991-08-07 Sold (Public Records) $63,000 Public Records

Property tax history

+5.0%/yr

Latest (2023): $8,051 · +8.6% YoY. Source: county tax records.