




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Steger at 274 E 34th St, Steger, IL, 60475 uses $82,510 cash to close to unlock $11,710/yr annual cash flow and $976/mo monthly cash flow. Total monthly income runs $2,808/mo, and a $1,218/mo payment keeps the spread at $976/mo. Purchase price stands at $248,900, and rental yield measures 13.54% with $2,808/mo rent. Return on cash invested shows 34.1% in year one, and 5% annual appreciation builds toward $68,766 over five years. Five-year ROI reaches 180.47% and total cumulative return in cash records $148,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,808/mo property income covering a $1,218/mo payment rather than investor’s personal income.
Single Family
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60475, Steger, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,467 (54.3%) |
| Renter Occupied HU | 1,684 (37.1%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $159,193 |
| Average Home Value | $265,384 |
Residential
4,166
Single Family
3,479
Multi-Family
687
Businesses
282
Date | Event | Price |
|---|---|---|
| 2025-12-19 | Listing removed | $250,000 |
| 2025-11-14 | Price change | $250,000 |
| 2025-10-09 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-20 | $6126.10 | 6.10% | $63,837 | 12.52% |
| 2022-12-20 | $5773.74 | 6.78% | $56,734 | 9.22% |
| 2021-12-20 | $5407.04 | 3.89% | $51,945 | 6.70% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A