1313 GORDON AVE

CALUMET CITY, IL 60409
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3 bd, 2 ba | 790 sqft | Built in 1923

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,240

Total Return

$9,844

Annualized Return

3.1%

Cap Rate

2.4%

Gross Yield

8.5%

Cash Flow

-$5,794

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,600

HOA

None

Flood Risk

Not Required

3 BR/2 bath ranch style single family home. Open layout of the living, dining, and kitchen. The well appointed kitchen is the eye candy that you've dreamed about all year. The staples of a quality renovation are present in new white shaker cabinets, smart stainless steel appliances, phone charging port, elegant lighting fixtures, and meticulously placed tiles. There's more though! Dimmable recess lighting. Enjoy your private bathroom in the main bedroom. Wonderful natural light in every bedroom. Presidential driveway lined with peaceful long front yard and a staple wise tree welcomes your landscaping creativity. This property is part of the Crime Free Housing Program.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$14,136

Expenses

-$2,516

Property Taxes

-$7,900

Loan Payments

-$9,514

Net Cash Flow

-$5,794

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Scott Newman
Agent License 471009246
Keller Williams ONEChicago
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12328931
Last Updated: 04/12/2025 05:04
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