535 Freeland Avenue
$75,000
2
1
950
950
$79
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...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.
- Listed by Brande Guilmette-Hampton • Centered International Realty
Property Details for 535 Freeland Avenue
Area
Calumet City
TownshipThornton
OwnershipFee Simple
Num Of Garage Spaces1.0
Num Of Parking Spaces1.0
Heat/FuelNatural Gas, Forced Air
LISTING UPDATED: 10/19/2024 03:44 AM
Property Details for 535 Freeland Avenue
Status | New |
---|---|
MLS # | 12190938 |
Days on Market | 5 |
Taxes | $7,087 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Detached Single / 1.5 Story |
Year Built | 1923 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Building Information for 535 Freeland Avenue
Stories-Year Built1923Building Size-Lot Size0.07 AC / 3,125 SF
Property Information for 535 Freeland Avenue
Property History for 535 Freeland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 535 Freeland Avenue
Taxable ValueLand$1,575Additions$4,692Total$6,267
Tax Record2022$5,051 ($421 / month)
Home Facts
Beds2Baths1Total Finished SqFt792 SqFtAbove Grade Finished SqFt792 SqFtStories1Lot Size4,500 SqFtStyleSingle Family ResidenceYear Built1922CountyCOOKAPN30-08-312-003
Schools near 535 Freeland Avenue
This home is within Calumet City School District 155.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Wilson Elementary School PublicPK to 2 | ||
Wentworth Intermediate School Public3 to 5 | ||
Wentworth Jr High School Public6 to 8 | ||
Thornton Fractional North High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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