535 Freeland Avenue, Calumet City, Illinois 60409
$57,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 950 |
| Cost/Sqft: | $63 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1923 |
| Property Taxes: | $7,087 |
| Days On Market: | 345 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1923 | |
| — | |
| — | |
| No | |
| 0 |
| Cook | |
| — | |
| 0 / Not Applicable | |
| — | |
| — | |
| — | |
| 12190938 | |
| 30083120030000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 22 Dec, 2009 | Sold | $20,500 | MRED MLS |
| 27 Nov, 2009 | Under contract | $21,900 | MRED MLS |
| — | Last price change | $23,900 | MRED MLS |
| 10 Sep, 2009 | Listed for sale | $28,900 | MRED MLS |
| 31 Jan, 2016 | Under contract | $0 | MRED MLS |
| 18 Dec, 2015 | Listed for sale | $0 | MRED MLS |
| 23 Dec, 2016 | Under contract | $0 | MRED MLS |
| 4 Dec, 2016 | Listed for sale | $0 | MRED MLS |
| 30 Jan, 2018 | Under contract | $0 | MRED MLS |
| 20 Dec, 2017 | Listed for sale | $0 | MRED MLS |
| 22 Nov, 2024 | Sold | $57,000 | MRED MLS |
| 13 Nov, 2024 | Under contract | $60,000 | MRED MLS |
| — | Last price change | $70,000 | MRED MLS |
| 17 Oct, 2024 | Listed for sale | $75,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| 1 | |
| — | |
| — | |
| — | |
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| 25X125 | |
| — | |
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| — | |
| Not in DB | |
| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $2,814 |
| 2024 | $7,087 |
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Listing Provided By
Centered International Realty
