$49,000
$910/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 9, 2026
556 W 111th St, Chicago, IL 60628
Chicago, IL 60628
3 bd · 2 ba · 1,662 sqft
Est. rent $1,860/mo · HUD 2025 SAFMR · ZIP 60628
$49,000
$910/mo
556 W 111th St, Chicago, IL 60628
Chicago, IL 60628
3 bd · 2 ba · 1,662 sqft
Est. rent $1,860/mo · HUD 2025 SAFMR · ZIP 60628
Refreshed Jun 9, 2026
Fair Market Rent
3-bedroom
2024$1,810
2025$1,860
YoY change+2.8%
2026$1,920
Source: HUD 2025 Fair Market Rent · ZIP 60628
Housing authority (multiple)
- IL025Housing Authority Cook County10 S La Salle St Ste 2200, Chicago, IL, 60603Phone
Estimated monthly cashflow
$910
HUD 2025 SAFMR · ZIP 60628
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,860
HUD 2025 SAFMR · ZIP 60628
Property tax-$49
From listing data
Cap rate28.4%Cash-on-cash79.6%DSCR4.65
Open the calculator to change assumptions.
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$65,662
Appreciation
$7,804
Total return
535%
Annualized IRR
44.8%
Annual cashflow
Y1
$11,614
Y2
$12,340
Y3
$13,098
Location
Crime Data
FBI 2025Crime rating
7.2/ 10
Lower reported crime
Violent / 100k
256
Property / 100k
1,549
7.0-10 means lower FBI-reported crime rates, a generally safer signal.
Source: FBI Crime Data Explorer · Reported rates per 100,000; verify local block-level conditions