This is an excellent investment opportunity to have an acquisition as a buy and hold rental or to do a rehab. This property features all hardwood floors on the main level, vinyl windows, a large living room with a separate dining room, and large square footage in the bathroom. The basement runs the full length of the home, and the attic can be turned into a second floor with a bungalow up. This home already has a structural engineer report required by the Village to create a second floor. This home has a large fenced in back yard and a 1 car garage. This home is being sold as is, where is. Analysis Rehab AVR 240K 4 bed 2 bath. $88 Per RSF/Sale Valuation: 240K | $303/RSF/Equity Multiple : 1.210x/ Profit : 101.56% Rental Analysis: holding period 10 years Rentals run between $1,200 and $1,300, 1 year cap rate 10%, 10 year Sale Cap Rate : 12.24% This is an excellent investment. Anaysis of all figures available upon request.
Closed
$57,000
535 Freeland Ave, Calumet City, IL 60409
2beds
950sqft
Single Family Residence
Built in 1923
3,125 Square Feet Lot
$107,700 Zestimate®
$60/sqft
$1,971 Estimated rent
Home value
$107,700
$89,000 - $126,000
$1,971/mo
Zestimate® history
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$336/mo
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Separate dining roomVinyl windowsHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Brande Guilmette-Hampton 312-488-9467,
Centered International Realty
Bought with:
Natalie Del Pino
Grinker & Garcia Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12190938
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Other Room
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Kitchen
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8X10
Laundry
- Level: Basement
- Area: 414 Square Feet
- Dimensions: 18X23
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Other
- Level: Basement
- Area: 414 Square Feet
- Dimensions: 18X23
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 1,900
- Total interior livable area: 950 sqft
Property
Parking
- Total spaces: 1
- Parking features: On Site, Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
- Fencing: Fenced
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 30083120030000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Other
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Calumet City
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $110,000
- Annual tax amount: $7,087
- Date on market: 10/18/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $57,000-5%$60/sqft |
Source:  MRED as distributed by MLS GRID #12190938 Report a problem | ||
| 11/13/2024 | Contingent | $60,000$63/sqft |
Source: MRED as distributed by MLS GRID #12190938 Report a problem | ||
| 11/1/2024 | Price change | $60,000-14.3%$63/sqft |
Source: MRED as distributed by MLS GRID #12190938 Report a problem | ||
| 10/24/2024 | Price change | $70,000-6.7%$74/sqft |
Source: MRED as distributed by MLS GRID #12190938 Report a problem | ||
| 10/18/2024 | Listed for sale | $75,000+265.9%$79/sqft |
Source: MRED as distributed by MLS GRID #12190938 Report a problem | ||
| 1/31/2018 | Listing removed | $975$1/sqft |
Source: Centered International Realty #09820207 Report a problem | ||
| 12/21/2017 | Listed for rent | $975$1/sqft |
Source: Centered International Realty #09820207 Report a problem | ||
| 2/19/2016 | Listing removed | $975$1/sqft |
Source: Centered Internatioanl Realty Report a problem | ||
| 1/13/2016 | Listed for rent | $975$1/sqft |
Source: Centered International Realty Corp. Report a problem | ||
| 12/22/2009 | Sold | $20,500-6.4%$22/sqft |
Source: MRED as distributed by MLS GRID #07321331 Report a problem | ||
| 11/25/2009 | Price change | $21,900-15.4%$23/sqft |
Source: Baird & Warner - Orland Park #07321331 Report a problem | ||
| 10/7/2009 | Price change | $25,900-10.4%$27/sqft |
Source: foreclosure.com Report a problem | ||
| 9/19/2009 | Listed for sale | $28,900-49%$30/sqft |
Source: foreclosure.com Report a problem | ||
| 11/12/2008 | Listing removed | $56,717$60/sqft |
Source: NCI #6694701 Report a problem | ||
| 10/15/2008 | Price change | $56,717-4%$60/sqft |
Source: NCI #6694701 Report a problem | ||
| 8/31/2008 | Price change | $59,057-2%$62/sqft |
Source: NCI #6694701 Report a problem | ||
| 8/10/2008 | Price change | $60,263-1.9%$63/sqft |
Source: NCI #6694701 Report a problem | ||
| 7/19/2008 | Price change | $61,439-2%$65/sqft |
Source: NCI #6694701 Report a problem | ||
| 7/4/2008 | Price change | $62,693-2%$66/sqft |
Source: NCI #6694701 Report a problem | ||
| 6/24/2008 | Price change | $63,973-2%$67/sqft |
Source: NCI #6694701 Report a problem | ||
| 6/12/2008 | Listed for sale | $65,279-10.8%$69/sqft |
Source: NCI #6694701 Report a problem | ||
| 5/4/2008 | Listing removed | $73,178$77/sqft |
Source: NCI Report a problem | ||
| 4/22/2008 | Price change | $73,178-2%$77/sqft |
Source: NCI Report a problem | ||
| 4/6/2008 | Listed for sale | $74,672+24.5%$79/sqft |
Source: NCI Report a problem | ||
| 1/24/2005 | Sold | $60,000+25%$63/sqft |
Source: Public Record Report a problem | ||
| 6/13/1997 | Sold | $48,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,641 +7.8% | $11,000 |
| 2023 | $7,087 +40.3% | $11,000 +75.5% |
| 2022 | $5,051 +4% | $6,267 |
| 2021 | $4,859 +111.2% | $6,267 |
| 2020 | $2,301 +102.8% | $6,267 +27.5% |
| 2019 | $1,134 +2.5% | $4,914 |
| 2018 | $1,107 -0.6% | $4,914 |
| 2017 | $1,113 -31.9% | $4,914 -1% |
| 2016 | $1,633 +7.3% | $4,963 |
| 2015 | $1,523 -10.3% | $4,963 |
| 2014 | $1,697 -0.5% | $4,963 -11% |
| 2013 | $1,706 +1.6% | $5,576 |
| 2012 | $1,679 -20.8% | $5,576 -10.4% |
| 2011 | $2,121 -22.7% | $6,222 -23.8% |
| 2010 | $2,744 -23.9% | $8,166 -6.7% |
| 2009 | $3,604 +16% | $8,756 -5% |
| 2008 | $3,108 +10.4% | $9,217 +11% |
| 2007 | $2,814 +6.6% | $8,304 |
| 2006 | $2,641 +2% | $8,304 |
| 2005 | $2,588 +67% | $8,304 +20.5% |
| 2004 | $1,549 +1.3% | $6,889 |
| 2003 | $1,529 +7.3% | $6,889 |
| 2002 | $1,426 +41.8% | $6,889 +20.3% |
| 2001 | $1,005 +2.2% | $5,725 |
| 2000 | $984 +21.8% | $5,725 |
| 1999 | $807 | $5,725 |
Find assessor info on the county website
Neighborhood: 60409
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Nearby schools
GreatSchools rating
- NAWilson Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 5/10Wentworth Jr High SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Thornton Fractional North High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 155
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$107,700
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Estimated market value
$107,700
- Illinois
- Cook County
- Calumet City
- 60409
- 535 Freeland Ave
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