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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Calumet City, IL
Fix & Flip
Rental Income
Listed for sale today
$ 285,900
ROI
23.1
Cash Flow/m
268- 6 Bed
- 4 Bath
- - sft
404 Prairie Ave, Calumet City, IL, 60409
Fix & Flip
$ 275,000
ROI
25.2Cash Flow/m
413- 6 Bed
- 4 Bath
- - sft
352 Crandon Ave, Calumet City, IL, 60409
Currently Rented
Motivated Seller
$ 245,000
ROI
22.0Cash Flow/m
152- 4 Bed
- 2 Bath
- - sft
893 Greenbay Ave, Calumet City, IL, 60409
Currently Rented
$ 325,000
ROI
24.8Cash Flow/m
457- 6 Bed
- 4 Bath
- - sft
303 Luella Ave, 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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