536 Douglas Ave

Calumet City, IL 60409
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3 bd, 3 ba | 2,016 sqft | Built in 1903

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List Price
$199,999

Initial Investment

$54,500

Purchase Price

$199,999

Down Payment

25%

Rent

$1,970

Total Return

$61,806

Annualized Return

17.7%

Cap Rate

7.3%

Gross Yield

11.8%

Cash Flow

$2,901

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,100

HOA

None

Flood Risk

Not Required

Take a look at this solid 2,000+ sft, 3-bedroom, 3-bathroom home for sale. As you approach the home, note the large, enclosed porch. On the first floor, you will find the living/dining room combo, two full bathrooms, kitchen, primary bedroom with sitting area, and a second bedroom with access to the deck. The second floor features a family room, rec room, bedroom, and a full bathroom. Original hardwood flooring remains under the carpet throughout the home. The fully fenced exterior features a long driveway providing street access, an oversized 2-car garage, and a carport. The roof was replaced in 2024. Nearby, you will find schools, shopping, multiple Pace stops, City and emergency services, restaurants, parks, and gas. Schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$22,458

Expenses

-$5,544

Property Taxes

-$3,140

Loan Payments

-$10,873

Net Cash Flow

$2,901

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:Chadwick Cook
Coldwell Banker Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12028663
Last Updated: 04/19/2024 05:04
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.