Can a Chicago rental listed below $70,000 produce cash flow? In the 11833 S Harvard Ave video walkthrough, Jamm K. screens a two-bedroom house in West Pullman and compares $1,000 and $1,500 monthly rent scenarios.

The low asking price is only the first filter. The sale listing does not document a current tenant or lease, so neither rent figure should be treated as existing income. The repair budget, full operating costs, and purchase structure also need to be verified before this property can be called a deal.

Redfin and Zillow displayed an active $69,900 asking price when checked October 13, 2026. Zillow's history shows an earlier $79,900 listing from August 28 was removed and the property was relisted at $69,900 on September 29. The video's roughly $69,000 price therefore remains close to the live asking price, but availability and terms can change.

The property at a glance

The listing reports natural-gas forced-air heat, no central cooling, public water and sewer, and possession at closing. It describes the home as well maintained while inviting the buyer to bring decorative ideas. Those are listing statements, not an inspection or repair scope.

Start with a market you can reach

The video's search method begins with a city within roughly two hours' driving distance of where you live. That makes it easier to tour neighborhoods, inspect shortlisted properties, meet contractors, and check completed work yourself. It also uses a population of at least 100,000 as an initial filter.

Those rules can narrow the search, but they do not prove rental demand. If Chicago is not within your practical driving range, use the same price filter in a closer market. Then evaluate the exact block, comparable leases, property condition, taxes, insurance, and local rental requirements.

Which rent is supported?

The walkthrough tests $1,000 per month as a lower case and $1,500 per month as a higher case after reviewing online rent advertisements. The live sale listing does not say the home is tenant occupied and does not provide a lease or rent roll.

There is some historical context, but it is not current income. An older Apartments.com page shows the property advertised at $1,050 per month and says to check back for availability. Zillow's history records advertisements at $1,100 per month in 2019 and 2020, while its current automated Rent Zestimate is $1,539. Old advertisements and automated estimates do not establish today's achievable rent.

Before underwriting either scenario, collect recently leased two-bedroom house comparables near the property. Match size, condition, parking, utility responsibility, and exact location. Ask local property managers what they would charge, how long leasing might take, and what improvements would be necessary. Until then, both video rents remain unverified scenarios.

Rebuild the operating screen

This table uses the current $69,900 asking price, the listing's $1,561 annual property-tax figure, and the video's assumptions of $150 per month for insurance, 5% vacancy, and 5% routine maintenance. Figures are annual unless labeled monthly.

These percentages reproduce the video's approximate 10.64% and 18.37% results. They are screening yields, not complete cap rates or take-home cash flow. The model still omits any management and leasing fees, owner-paid utilities, lawn or snow service, pest control, legal and accounting costs, permits or compliance costs, and a separate reserve for major replacements.

The tax amount also needs confirmation. Zillow shows $1,511 in its 2024 public tax history and $1,561 in the current listing details. Verify the parcel and latest Cook County bills, and ask whether a sale could affect future taxes. Replace the $150 monthly insurance estimate with a property-specific quote.

Include repairs in the cash required

Based on the on-screen listing photos, the video gives a rough $10,000 repair estimate for items such as flooring, paint, and kitchen work. That is an early visual impression, not a bid. An 1878 house can have expensive issues that photos do not reveal.

Using the video's $5,000 closing-cost assumption, the starting acquisition budgets look like this:

On the all-cash subtotal, the two limited operating screens equal approximately 8.76% and 15.12% before omitted expenses. Those are still estimates, not promised returns.

The video reports roughly $19,000 of cash needed for its financing illustration. That total includes the 20% contribution and $5,000 closing-cost assumption, but it does not include the video's separate $10,000 repair estimate. Using the same modeled payment and adding that repair cash would reduce the video's approximate cash-on-cash figures from 15.67% to 10.27% in the lower-rent case and from 44.13% to 28.90% in the higher-rent case. Complete expenses and reserves would reduce them further.

Our approach focuses on an all-cash purchase or financing from a certified halal / Sharia-compliant provider. For financing, use the provider's actual upfront contribution, payment schedule, fees, ownership structure, and qualification requirements. The video's illustration is not a financing offer and does not verify that a particular provider or structure is available for this property.

For another affordable-property example that separates verified and projected rent, read our 155 W Wishart St rental analysis. Enter your verified numbers in the Deal Analyzer.

Due diligence before an offer

1. 1Confirm the live listing and sale terms. Verify the $69,900 price, availability, parcel, title, MLS information, possession at closing, and anything included or excluded from the sale.
2. 2Inspect the 1878 structure. Have qualified professionals examine the foundation, unfinished basement and moisture, roof, electrical service, plumbing and sewer line, heating, lack of central cooling, windows, garage, and signs of deferred maintenance. Obtain written repair quotes.
3. 3Investigate lead and environmental risk. Most pre-1978 housing is subject to federal lead-disclosure rules. Review the seller's disclosure and records, and consider appropriate lead and environmental inspections. See the EPA's real-estate lead disclosure guidance.
4. 4Verify rent and leasing costs. Get recently leased comparable houses, local property-manager opinions, utility details, and expected time to lease. Do not treat an automated estimate or old advertisement as a signed lease.
5. 5Build the complete expense budget. Confirm taxes, insurance, management, leasing, utilities, maintenance, capital reserves, and any certified halal financing payment. Review the Chicago Residential Landlord and Tenant Ordinance resources with a qualified local professional.
6. 6Stress-test the deal. Model lower rent, longer vacancy, a larger repair scope, and higher recurring costs. A property that works only at the highest rent estimate has little room for error.

Frequently asked questions

Is 11833 S Harvard Ave still listed at $69,900?

Redfin and Zillow displayed an active $69,900 asking price on October 13, 2026. The property had previously been listed at $79,900 before it was removed and relisted at the lower price on September 29. Confirm current status and terms with the listing agent.

Is the property already renting for $1,500 a month?

No current lease or tenant income was documented in the sale listing reviewed for this article. The $1,500 figure is a video scenario and is close to an automated rent estimate, not verified rent. Historical advertisements were lower and several years old.

Does the 10.64% screening yield equal my return?

No. It uses the asking price and a limited set of expenses before financing and several other ownership costs. Closing costs, repairs, reserves, management, leasing, utilities, compliance, capital work, and any financing payments can materially change the result.

Is the $10,000 repair estimate reliable?

Not yet. It is a rough video estimate based on listing photos. Use a professional inspection, written scope, and contractor bids, especially for a house built in 1878.

Can this be purchased with halal financing?

Possibly, subject to the property's eligibility and a certified provider's approval and terms. Obtain a written quote and have a qualified adviser review the structure. Do not substitute a conventional loan assumption for the provider's actual payment schedule and fees.

Source video: Chicago Rental Property Investment | 11833 S Harvard Ave Cash Flow Deal, Cash Flow Property Finds, published October 3, 2026. This educational case study checks the live listing, distinguishes historical and projected rent, and recomputes the video's screening figures. No rental income or return is guaranteed.

Cover image is illustrative stock photography and does not show 11833 S Harvard Ave. See the linked property listings for photos of the home.