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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Calumet City, IL
Listed for sale today
$ 275,000
ROI
20.3
Cash Flow/m
43- 4 Bed
- 3 Bath
- 1337 sft
1060 Lucas St, Calumet City, IL, 60409
Fix & Flip
$ 149,900
ROI
53.9Cash Flow/m
1424- 3 Bed
- 1 Bath
- 1077 sft
767 May St, Calumet city, IL, 60409
Fix & Flip
Listed for sale today
$ 169,900
ROI
22.9Cash Flow/m
151- 4 Bed
- 2 Bath
- 1200 sft
1336 Hirsch Ave, Calumet City, IL, 60409
Listed for sale 1 day ago
$ 160,000
ROI
22.2Cash Flow/m
107- 2 Bed
- 1 Bath
- 1040 sft
1380 Wentworth Ave, Calumet City, IL, 60409
Why Invest in Calumet City, Illinois?
Investing in Calumet City, IL opens doors to excellent opportunities under $500k. With a strong rental market and an average rental yield of 7%, investors can expect solid returns. The area also boasts a low vacancy rate of just 5%, enhancing the appeal for rental properties.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Calumet City is approximately $1,200 per month, making it accessible for many families and young professionals.
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