
10002 S Torrence Ave Chicago, IL 60617
Trumbull Park NeighborhoodEstimated payment $1,713/month
About This Home
Incredible investment opportunity on Torrence Avenue-this rare find includes three contiguous commercial lots (three separate PINs) and two fully detached single-family homes, each offering three spacious bedrooms and ample living space. Zoned B1 Commercial, the property is ideal for investors, developers, or owner-occupants seeking flexible use-live in one home while generating income from the other or redevelop in the future. The site includes four parking spaces, with an additional option to purchase a fourth lot directly across the street. Located in a high-demand area near highways, public transportation, and shopping, this property offers significant long-term upside. One tenant is currently in place and open to staying. Don't miss out on this versatile, high-potential asset-act fast!
Last Listed By
Core Realty & Investments Inc. License #475170254 Listed on: 06/09/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,511
Year Built
- Built in 1910 | Remodeled in 2025
Parking
- 4 Parking Spaces
Home Design
- Duplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Additional Parcels
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $722 | $10,400 | $1,422 | $8,978 |
2023 | $722 | $3,500 | $1,564 | $1,936 |
2022 | $722 | $3,500 | $1,564 | $1,936 |
2021 | $706 | $3,499 | $1,564 | $1,935 |
2020 | $1,469 | $6,576 | $1,564 | $5,012 |
2019 | $1,472 | $7,307 | $1,564 | $5,743 |
2018 | $1,447 | $7,307 | $1,564 | $5,743 |
2017 | $1,346 | $6,237 | $1,422 | $4,815 |
2016 | $1,252 | $6,237 | $1,422 | $4,815 |
2015 | $664 | $6,237 | $1,422 | $4,815 |
2014 | $757 | $6,638 | $1,137 | $5,501 |
2013 | $731 | $6,638 | $1,137 | $5,501 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/09/2025 06/09/25 | For Sale | $299,000 | +1200.0% | -- |
02/10/2020 02/10/20 | Sold | $23,000 | 0.0% | $29 / Sq Ft |
11/04/2019 11/04/19 | Pending | -- | -- | -- |
11/04/2019 11/04/19 | For Sale | $23,000 | -- | $29 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $23,000 | Fidelity National Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- | |
Deed | -- | -- | |
Quit Claim Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $14,531 | New Conventional |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12385245

APN: 25-12-419-025-0000
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