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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
$ 289,900
ROI
20.0
Cash Flow/m
21- 5 Bed
- 3 Bath
- 1850 sft
1428 Shirley Dr, Calumet City, IL, 60409

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
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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