900 S River Rd, Des Plaines, IL 60016

2 bd · 2 ba · 1,300 sqft · built 1972 · Des Plaines · CONDOS·source listing ↗

$214,900

$299,700 first listed

seller intel

Price cut

−28.3%

from $299,700

Motivation score

50/100

OnePercent model (vv1)$2,582/mo

p10–p90 confidence band

HUD Fair Market Rent · 60016 · 2BR$1,890/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Cook

Flood risk indexRelatively High FEMA NRI

Median household income$86,571

Median area rent$1,558/mo

Median home value$320,400

the verdict

1.20%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$214,900

1.20% · rent $2,582

Intrinsic value · income approach

$365,234

41% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.