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

Property at 12321 S Green St, Calumet Park, IL
Listed for sale today
$ 200,000
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign30
  • 5 Bed
  • 2 Bath
  • 1184 sft
12321 S Green St, Calumet Park, IL, 60827
Property at 12718 S Justine St, Calumet Park, IL
Listed for sale 2 days ago
$ 199,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign147
  • 3 Bed
  • 1 Bath
  • 1155 sft
12718 S Justine St, Calumet Park, IL, 60827
Property at 12528 S Justine St, Calumet Park, IL
Listed for sale 5 days ago
$ 244,900
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign30
  • 5 Bed
  • 2 Bath
  • 1469 sft
12528 S Justine St, Calumet Park, IL, 60827
Property at 12634 S Ada St, Calumet Park, IL
$ 172,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign180
  • 3 Bed
  • 1 Bath
  • 1098 sft
12634 S Ada St, Calumet Park, IL, 60827

Why Invest in Calumet Park, Illinois?

Investing in properties under $500k in Calumet Park, IL presents a unique opportunity. With an average rental yield of around 8% and reasonable cap rates, this is an ideal market for cash flow-focused investors. The area's strategic location and growing community bode well for future property value appreciation.

12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$350/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rates in Calumet Park hover around $1,300 per month. This rate provides an attractive yield for landlords and investors looking to maximize cash flow.

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