28 days on rocket

Backup Offers

535 Freeland Ave, Calumet City, IL, 60409

$60,000

Home List Price

$713*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$63/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

535 Freeland Ave, Calumet City$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1923
HeatingNatural Gas, Forced Air
CoolingNone
BasementYes
WaterfrontFencing
MLS #12190938
StatusAccepting Backup Offers
(Contingent)

About 535 Freeland Ave

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 Details

Property Features

Property Information:

  • Year Built: 1923
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Centered International Realty
  • Office Phone: (312) 488-9467
  • Listing Agent: Brande Guilmette-Hampton

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Fencing

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: SIBLEY (E) OF BURNHAM TO FREELAND (S) TO home

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
  • Price Per SqFt: $63/SqFt

Tax Information:

  • Annual Amount: $1,134
  • Tax Year: 2019
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Calumet City, IL.

Map thumbnail provided by MapBox

Calumet City, IL

City

Med. Sold Price

$160.2K

Med. Price/SqFt

$118

Avg. Days On Market

42

# of Sold Homes

27

535 Freeland Ave vs Calumet City

28 DAYS ON ROCKET

-14 Days

$60,000

-$100.2K Less

$63/SqFt

-$55 Less

KEY TAKEAWAY

This property is $100.2K less than the Median Sold Price and $55/SqFt less than other homes in Calumet City, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12190938

Listing Office:

  • Office Name: Centered International Realty
  • Office Phone: (312) 488-9467
  • Listing Agent: Brande Guilmette-Hampton

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 11, 2010Home Sold
$20,500
Jan 24, 2005Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2019$1,134$4,914
2018$1,106$4,914
2017$1,112$4,914

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-504372
2
/10

  • Wentworth Intermediate School

  • 530 Superior Ave

  • 0.56 miles

  • Public District Grades 3-5

school-card-donut-504373
3
/10

  • Caroline Sibley Elementary School

  • 1550 Sibley Blvd

  • 1.47 miles

  • Public District Grades KG-6

school-card-donut-504374
4
/10

  • Lincoln Elementary School

  • 4221 Towle Ave

  • 1.53 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,579. Most Calumet City, IL residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 535 Freeland Ave

What is the listing price of this property?

The listing price of 535 Freeland Ave property is $60,000.

What type of property is this?

The property 535 Freeland Ave is a house located in Calumet City, Illinois, 60409.

Is this property for sale now?

Accepting Backup Offers: 535 Freeland Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,134 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 11, 2010 for $20,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 535 Freeland Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 535 Freeland Ave is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 535 Freeland Ave is 1923.

Rocket Homes›Illinois›Cook County›Calumet City›60409›535 Freeland Ave

This home is located at 535 Freeland Ave in Calumet City, IL and zip code 60409. This 950 square foot home was built in 1923. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $60,000.

While more than 12 listings in Calumet City, IL in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 11 were sold below. The inventory of homes for sale in Calumet City, IL between September 2024 and October 2024 increased by 22.8%. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $160,200.

From Rocket Homes Real Estate and based on county public records data.

More Resources