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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Calumet City, IL

Listed for sale today
$ 116,500
ROI
23.7
Cash Flow/m
127- 4 Bed
- 2 Bath
- 1547 sft
1449 Gordon Ave, Calumet City, IL, 60409

Listed for sale today
$ 119,000
ROI
22.9
Cash Flow/m
104- 2 Bed
- 1 Bath
- 945 sft
1354 Gordon Ave, Calumet City, IL, 60409

Rental Income
Listed for sale today
$ 159,500
ROI
32.1
Cash Flow/m
547- 5 Bed
- 4 Bath
- - sft
1633 Downs Dr, Calumet City, IL, 60409

Motivated Seller
Listed for sale today
$ 138,400
ROI
23.3
Cash Flow/m
137- 4 Bed
- 2 Bath
- 846 sft
132 Detroit St, Calumet City, IL, 60409
Why Invest in Calumet City, Illinois?
Investing in Calumet City, IL, provides unique opportunities for properties under $200k. With an average rental yield of 8% and a cap rate around 10%, it is attractive for investors seeking cash flow. The area exhibits consistent appreciation rates and a growing tenant population, making it a strategic choice for real estate investment.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Calumet City is approximately 8%, making it an appealing option for investors looking for cash flow.
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