329 153rd Pl

Calumet City, IL 60409
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3 bd, 1 ba | 1,100 sqft | Built in 1962

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List Price
$116,900

Initial Investment

$31,855

Purchase Price

$116,900

Down Payment

25%

Rent

$1,730

Total Return

$35,734

Annualized Return

17.5%

Cap Rate

7.7%

Gross Yield

17.8%

Cash Flow

$1,622

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,250

HOA

None

Flood Risk

Not Required

Attention savvy homebuyers looking for sweat equity by adding their own finishing touches! A fresh coat of paint and some minor updates will go a long way in this one! This charming 3 bed 1 bath Calumet City home includes hardwood floors, a huge unfinished basement, and a two-car detached garage. This a great find for the right buyer and will not last long! Sold as-is. The buyer will be responsible for the scheduling of the Point-of-Sale Inspection and completing any Point-of-Sale related repairs and certifications after the closing.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$19,722

Expenses

-$5,435

Property Taxes

-$6,310

Loan Payments

-$6,355

Net Cash Flow

$1,622

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:Keith Hatzfeld
Agent License 475141923
Homeriver Illinois LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12277281
Last Updated: 01/24/2025 23:01
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.