180 E Penn Ave · Roseville, IL 61473

$114,000

4 bd · 2.0 ba · 1,513 sqft · SingleFamily · 75 Days on market

Built 1918 9,504 sqft lot $75/sqft · 59% above area ↓ 13% since listing

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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 +26.4/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Appreciation +5.5/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Listing remarks MLS

Charming 2 Story Home with Small Town Appeal. This inviting 2 story home, built in 1918, offers 1,558 sq. ft. of character and comfort. Featuring a red metal roof and classis white siding, this home blends timeless charm with everyday functionality. Enjoy the convenience of an attached breezeway leading to a 2-car garage. perfect for all seasons. Inside, you'll find 4 bedroom and 2 bathrooms, offering flexible space for family, guests, or a home office. Relax on the 280 sq. ft. roofed porch or enjoy additional year-round living space in the 186 sq. ft. enclosed porch with solid walls. This home also includes a 1,043 sq. ft. unfinished basement, ideal for storage. Located in a welcoming community, this property delivers the comfort of small-town living with room to grow and make it your own. Realtor owned.

Key facts

• White siding
• Unfinished basement
• Roofed porch

Tags

• RED METAL ROOF
• WHITE SIDING
• ATTACHED BREEZEWAY
• ROOFED PORCH
• ENCLOSED PORCH
• UNFINISHED BASEMENT

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $114k.

Deal economics

• At list price, monthly cash flow is $297 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $114k).
• Recommended offer: $107k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#863 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime D+, employment D.
• Monmouth-Roseville CUSD 238 (town): math 10% / reading 21% proficiency, ranked #511 of 620 in IL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 10 active listings in the ZIP; 43 units permitted in Warren County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($788 loan paydown + $1k appreciation (1.1% local appreciation)).
• Warren County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (1.1% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($107k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $107,160 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1918 — 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. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 1.19% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 7.0

CMA / ARV

• ARV (median comp): $71,696
• List price: $114,000
• Delta: 59.00%
• Verdict: OVERPRICED
• Comps: 14 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
135 E Washington St	0.42mi	4/2.0	1,680 (+11%)	23mo	$132,500	$79	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.07% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.1%
• Equity multiple: 1.67×
• Total profit: $21,440
• Equity at exit: $39,327

10-year hold

• IRR: 16.7%
• Equity multiple: 3.04×
• Total profit: $64,962
• Equity at exit: $52,580

Cash invested: $31,920 (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 61473

• Home prices YoY: 0.8%
• Active inventory: 10
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,362 medium
• Mortgage (P&I): −$598
• Tax from tax record: −$134 /mo · $1,603/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $297

Break-even live

Break-even rent $986

Max offer price $114,000

Occupancy floor 73%

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: $28,500
• Closing costs: $3,420
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-18
   days on market $114,000 Active 75 DOM
2. 2026-06-17
   days on market $114,000 Active 74 DOM
3. 2026-06-16
   days on market $114,000 Active 73 DOM
4. 2026-06-15
   days on market $114,000 Active 72 DOM
5. 2026-06-13
   days on market $114,000 Active 70 DOM
6. 2026-06-12
   days on market $114,000 Active 69 DOM
7. 2026-06-09
   days on market $114,000 Active 66 DOM
8. 2026-06-09
   price $114,000 Active 65 DOM
9. 2026-06-08
   days on market $119,900 Active 65 DOM
10. 2026-06-07
    days on market $119,900 Active 64 DOM
11. 2026-06-07
    days on market $119,900 Active 63 DOM
12. 2026-06-04
    days on market $119,900 Active 60 DOM
13. 2026-06-02
    days on market $119,900 Active 59 DOM
14. 2026-06-01
    days on market $119,900 Active 58 DOM
15. 2026-05-31
    days on market $119,900 Active 57 DOM
16. 2026-05-31
    days on market $119,900 Active 56 DOM
17. 2026-05-04
    price $129,900 816-char remark

    Show marketing remark (816 chars)

    Charming 2 Story Home with Small Town Appeal. This inviting 2 story home, built in 1918, offers 1,558 sq. ft. of character and comfort. Featuring a red metal roof and classis white siding, this home blends timeless charm with everyday functionality. Enjoy the convenience of an attached breezeway leading to a 2-car garage. perfect for all seasons. Inside, you'll find 4 bedroom and 2 bathrooms, offering flexible space for family, guests, or a home office. Relax on the 280 sq. ft. roofed porch or enjoy additional year-round living space in the 186 sq. ft. enclosed porch with solid walls. This home also includes a 1,043 sq. ft. unfinished basement, ideal for storage. Located in a welcoming community, this property delivers the comfort of small-town living with room to grow and make it your own. Realtor owned.

18. 2026-04-27
    price $134,900 816-char remark

    Show marketing remark (816 chars)

    Charming 2 Story Home with Small Town Appeal. This inviting 2 story home, built in 1918, offers 1,558 sq. ft. of character and comfort. Featuring a red metal roof and classis white siding, this home blends timeless charm with everyday functionality. Enjoy the convenience of an attached breezeway leading to a 2-car garage. perfect for all seasons. Inside, you'll find 4 bedroom and 2 bathrooms, offering flexible space for family, guests, or a home office. Relax on the 280 sq. ft. roofed porch or enjoy additional year-round living space in the 186 sq. ft. enclosed porch with solid walls. This home also includes a 1,043 sq. ft. unfinished basement, ideal for storage. Located in a welcoming community, this property delivers the comfort of small-town living with room to grow and make it your own. Realtor owned.

19. 2026-04-19
    price $139,900 816-char remark

    Show marketing remark (816 chars)

    Charming 2 Story Home with Small Town Appeal. This inviting 2 story home, built in 1918, offers 1,558 sq. ft. of character and comfort. Featuring a red metal roof and classis white siding, this home blends timeless charm with everyday functionality. Enjoy the convenience of an attached breezeway leading to a 2-car garage. perfect for all seasons. Inside, you'll find 4 bedroom and 2 bathrooms, offering flexible space for family, guests, or a home office. Relax on the 280 sq. ft. roofed porch or enjoy additional year-round living space in the 186 sq. ft. enclosed porch with solid walls. This home also includes a 1,043 sq. ft. unfinished basement, ideal for storage. Located in a welcoming community, this property delivers the comfort of small-town living with room to grow and make it your own. Realtor owned.

20. 2026-04-13
    price $144,900 816-char remark

    Show marketing remark (816 chars)

    Charming 2 Story Home with Small Town Appeal. This inviting 2 story home, built in 1918, offers 1,558 sq. ft. of character and comfort. Featuring a red metal roof and classis white siding, this home blends timeless charm with everyday functionality. Enjoy the convenience of an attached breezeway leading to a 2-car garage. perfect for all seasons. Inside, you'll find 4 bedroom and 2 bathrooms, offering flexible space for family, guests, or a home office. Relax on the 280 sq. ft. roofed porch or enjoy additional year-round living space in the 186 sq. ft. enclosed porch with solid walls. This home also includes a 1,043 sq. ft. unfinished basement, ideal for storage. Located in a welcoming community, this property delivers the comfort of small-town living with room to grow and make it your own. Realtor owned.

21. 2026-04-04
    listed $149,900 Active 816-char remark

    Show marketing remark (816 chars)

    Charming 2 Story Home with Small Town Appeal. This inviting 2 story home, built in 1918, offers 1,558 sq. ft. of character and comfort. Featuring a red metal roof and classis white siding, this home blends timeless charm with everyday functionality. Enjoy the convenience of an attached breezeway leading to a 2-car garage. perfect for all seasons. Inside, you'll find 4 bedroom and 2 bathrooms, offering flexible space for family, guests, or a home office. Relax on the 280 sq. ft. roofed porch or enjoy additional year-round living space in the 186 sq. ft. enclosed porch with solid walls. This home also includes a 1,043 sq. ft. unfinished basement, ideal for storage. Located in a welcoming community, this property delivers the comfort of small-town living with room to grow and make it your own. Realtor owned.

22. 2021-08-06
    historical
23. 2021-08-06
    historical
24. 2015-05-21
    historical

ⓘ 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: $1,603 · $134/mo
• Projected year-2 tax: $2,096 · $175/mo
• Expected delta: +$492/yr (+$41/mo · 30.7%)

ⓘ 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 ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,341
• − Mortgage interest: −$6,386
• − Property taxes: −$1,603
• − Insurance: −$570
• − Repairs & maintenance: −$1,307
• − Management: −$1,307
• − Depreciation: −$3,316
• Taxable income: $1,851
• Est. tax owed @ 24.0%: −$444
• After-tax cash flow: $3,118/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: Monmouth-Roseville CUSD 238
• NCES district ID: 1700320
• Math proficiency: 10% ▼ -6.00%
• Reading proficiency: 21% ▼ -8.00%
• Median HH income: $40,228
• Composite: 13.21/100
• National rank: #9552
• State rank: #511 of 620 in IL

Livability — Roseville

• Score: 62/100
• State rank: #863
• US rank: #16860

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Roseville, IL
• Population (ZIP): 1,269

Population outlook (Warren County) Hauer SSP2

• Today (2025): 17,168 people
• By 2030: 16,771 · -2.3%
• By 2040: 15,988 · -6.9%
• By 2050: 15,471 · -9.9%
• By 2075: 15,053 · -12.3%
• By 2100: 14,513 · -15.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Hispanic / Latino 4% Two or more races 2% Black 1%
• Common ancestry: Romanian 3% Italian 2% Lithuanian 2%
• Foreign-born: 2%
• Languages at home: 93% English-only · German/W. Germanic 4% Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · Warren

• 2024 margin: Strong R (+25.1) · D 36.5% · R 61.6% · Other 1.9%
• 2008→2024 swing: -33.2pp toward R · 2008: 8.1pp · 2024: -25.1pp
• All cycles: 2024: R+25.1 2020: R+20.0 2016: R+16.7 2012: D+5.8 2008: D+8.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.07%
• Current HPI: 139.2248
• 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

-13.3% since first listed

8 events — show timeline

• 2026-05-04 Price Changed $129,900 RMLSA as Distributed by MLS Grid
• 2026-04-27 Price Changed $134,900 RMLSA as Distributed by MLS Grid
• 2026-04-19 Price Changed $139,900 RMLSA as Distributed by MLS Grid
• 2026-04-13 Price Changed $144,900 RMLSA as Distributed by MLS Grid
• 2026-04-04 Listed $149,900 RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2015-05-21 Listing Removed — MRED as Distributed by MLS Grid

Property tax history

+2.2%/yr

Latest (2024): $1,603 · +5.2% YoY. Source: county tax records.