Under $500K Investment Properties for Sale in Calumet City, IL

Listed for sale today
$ 269,000
ROI
20.4
Cash Flow/m
51- 4 Bed
- 2 Bath
- 2200 sft
409 Merrill Ave, Calumet City, IL, 60409

Listed for sale today
$ 182,000
ROI
23.1
Cash Flow/m
171- 4 Bed
- 2 Bath
- 1975 sft
505 154th Pl, Calumet City, IL, 60409

Listed for sale 1 day ago
$ 305,000
ROI
30.4
Cash Flow/m
906- 5 Bed
- 2 Bath
- 1115 sft
1332 Mackinaw Ave, Calumet City, IL, 60409

Fix & Flip
Listed for sale 3 days ago
$ 184,000
ROI
23.1
Cash Flow/m
170- 3 Bed
- 2 Bath
- 1300 sft
380 Bensley 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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