$50,000
$1,132/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 9, 2026
11931 S Wallace St, Chicago, IL 60628
Chicago, IL 60628
4 bd · 2 ba · 1,586 sqft
Est. rent $2,190/mo · HUD 2025 SAFMR · ZIP 60628
$50,000
$1,132/mo
11931 S Wallace St, Chicago, IL 60628
Chicago, IL 60628
4 bd · 2 ba · 1,586 sqft
Est. rent $2,190/mo · HUD 2025 SAFMR · ZIP 60628
Refreshed Jun 9, 2026
Fair Market Rent
4-bedroom
2024$2,140
2025$2,190
YoY change+2.3%
2026$2,220
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
$1,132
HUD 2025 SAFMR · ZIP 60628
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$2,190
HUD 2025 SAFMR · ZIP 60628
Property tax-$50
From listing data
Cap rate33.3%Cash-on-cash97.0%DSCR5.45
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
$81,019
Appreciation
$7,964
Total return
636%
Annualized IRR
49.0%
Annual cashflow
Y1
$14,403
Y2
$15,264
Y3
$16,163
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