$57,000

beds

bath

950

square ft

535 Freeland Avenue

Calumet City, Illinois 60409

Closed / MLS #12190938 / Single Family / Calumet City

Listing information updated 12/4/2024 at 6:03am

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.

Full Features

Exterior Type:

Other

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas, Forced Air

Main Level Primary Bedroom:

Yes

Pool:

Age:

100+ Years

Roof Type:

Asphalt

Parking Type:

Garage

Room Count:

Water Front:

Square Feet:

950

Lot Size:

Less Than .25 Acre

Room Information

Living Room:

15x13 - Main

Dining Room:

15x12 - Main

Kitchen:

8x10 - Main

Family Room:

N/A

Primary Bedroom:

12x11 - Main Level

2nd Bedroom:

11x11 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Other Room:

18x23 - Basement Level

Laundry:

18x23 - Basement Level

Taxes & Assessments

Tax Amount:

$7,087

Tax Year:

2023

Location

Zip Code:

60409

City:

Calumet City

County:

Cook

Schools

School District(s):

155

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Other

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas, Forced Air

Main Level Primary Bedroom:

Yes

Pool:

Age:

100+ Years

Roof Type:

Asphalt

Parking Type:

Garage

Room Count:

Water Front:

Square Feet:

950

Lot Size:

Less Than .25 Acre

Living Room:

15x13 - Main

Dining Room:

15x12 - Main

Kitchen:

8x10 - Main

Family Room:

N/A

Primary Bedroom:

12x11 - Main Level

2nd Bedroom:

11x11 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Other Room:

18x23 - Basement Level

Laundry:

18x23 - Basement Level

Tax Amount:

$7,087

Tax Year:

2023

Zip Code:

60409

City:

Calumet City

County:

Cook

School District(s):

155

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Centered International Realty

Listing Office Phone: 312.488.9467

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/4/2024 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.