535 Freeland Ave

Off Market

535 Freeland Ave

Calumet City IL 60409

950 sq. ft.

Single-Family

Last sold for $57,000

Brande Guilmette-Hampton, last sold this property on 22 November 2024 after 35 days on market.

Overview

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.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

950 sq. ft. floor area

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Calumet City over the last 12 months, the estimated median property value of 535 Freeland Ave is $129.75k.

Median value

$129.75k

Estimated value range

$20k - $299.9k

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Calumet City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 535 Freeland Ave

2024

Sold

$57,000

22 Nov 2024 by Brande Guilmette-Hampton, of Centered International Realty

2009

Sold

$20,500

22 Dec 2009 by Amy Wilkes, of Baird & Warner

Happy sellers in Calumet City

We have insufficient information to provide an overview of customer satisfaction for Calumet City. Viewing the agent profiles, reviews and sales for Calumet City can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Calumet City

In the last 12 months, 40 two-bedroom single-family properties similar to 535 Freeland Ave, have been sold.

This represents a 32% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Calumet City for a market analysis.

Shari Johnson

at RAMM Real Estate Group

(13 reviews)

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Jose Borjas

at Shopping Casas Chicago LLC

(51 reviews)

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Bryant Triplett

at REMAX 10 | Oak Lawn

(5 reviews)

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Michael Scanlon

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Calumet City

Shari Johnson

Shari Johnson is an award winning recommended agent for Calumet City. They have 3 local sales and collected 3 local reviews across the last 12 months.