Multi Family Investment Properties for Sale in Calumet City, IL
Rental Income
Listed for sale 7 days ago
$ 285,000
ROI
26.7
Cash Flow/m
548- 9 Bed
- 4 Bath
- - sft
657 Freeland Ave, Calumet City, IL, 60409
$ 235,000
ROI
33.3Cash Flow/m
888- 7 Bed
- 3 Bath
- - sft
568 Douglas Ave, Calumet City, IL, 60409
$ 324,900
ROI
20.0Cash Flow/m
19- 6 Bed
- 4 Bath
- - sft
370 Prairie Ave, Calumet City, IL, 60409
Fix & Flip
$ 159,000
ROI
32.7Cash Flow/m
572- 10 Bed
- 4 Bath
- - sft
24 Memorial Dr, Calumet City, IL, 60409
Why Invest in Calumet City, Illinois?
Investing in multi-family properties in Calumet City, IL, presents an appealing opportunity. With an average rental yield of 8% and a steady appreciation rate of 3%, investors can benefit from consistent cash flow and a stable market. The area boasts a robust rental market with over 60% of homes occupied by renters, providing a solid foundation for multi-family investments.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Calumet City is approximately $1,500 per month, making it competitive within the region.
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