Veterans United Realty
12 Photos

535 FREELAND Avenue, Calumet City, IL 60409

$60,000 Asking Price

2 beds
1 bath
950  sqft
Built in 1923

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.

Listing Status:
Backup
Date Added:
October 17, 2024 — 29 days ago
Listing Office:
Centered International Realty, Brande Guilmette-Hampton (312-806-3026)
Office Phone:
312-806-3026
MLS ID:
12190938

Features & Amenities

Interior

Rooms:
Other Room
Basement:
Full
A/C:
None
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Other
Parking:
Garage, Parking spaces: 1

Construction

Roofing:
Asphalt
General:
1.5 Story

Location

HOA Amenities:
0.0, Not Applicable
Originating MLS:
mred
School District:
155
County:
Cook

Lot

Zoning:
30083120030000

Utilities

Utilities:
Circuit Breakers
Water:
Public
Sewer:
Public Sewer,Other

Financial

Source:
mred
Ownership:
Fee Simple

This listing courtesy of:
Centered International Realty, Brande Guilmette-Hampton

About Calumet City, IL

Housing

Number of Units
15,051
Median Home Value
$111,929
Median Rent
$849

43.90% of housing units are renter occupied.

10.56% are vacant.

Commute

Car
65.43%
Public Transportation
9.83%
Walk to Work
1.78%
Work from Home
21.14%
Other
1.72%

The median travel time to work is 31 minutes.

People

Population
34,137
Median Age
37.80
Median Household Size
2.70

Education

High School
29.23%
Associate’s Degree
9.21%
Bachelor’s Degree
14.03%
Graduate Degree
5.20%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

$69,900

  • 2 beds |
  • 1 bath |
  • 909 sqft

492 Freeland Avenue Calumet City, IL 60409

Listing by Ashley Kaehn Compass
#12105575
Veterans United Homefront

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