10240 S Torrence Ave Chicago, IL 60617
Trumbull Park NeighborhoodEstimated payment $852/month
Total Views
205,055
3
Beds
2
Baths
1,060
Sq Ft
$132
Price per Sq Ft
Highlights
- Ranch Style House
- Living Room
- Central Air
- Patio
- Laundry Room
- Combination Kitchen and Dining Room
About This Home
**Opportunity Knocks in South Deering!** Discover the potential in this solid brick 4-bedroom, 2-bath home. The home features 3 bedrooms and 1 bath on the main level and a partially finished basement with additional living space, the 4th bedroom, and a second bathroom-perfect for guests, a home office, or recreation. With good bones and room for personalized updates, this home is ideal for buyers looking to add their own style or investors seeking their next value-add project. The spacious lot offers a fenced backyard ready for entertaining, gardening, or future enhancements. A detached garage adds convenience and extra storage. Located in South Deering, a community known for its large green spaces, access to Lake Calumet, and proximity to major transportation routes, this home benefits from a peaceful residential setting while still being minutes from shopping, parks, and commuter access. The area is seeing ongoing investment and revitalization, making it a smart location for both homeowners and investors alike.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,064
Year Built
- Built in 1962
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25x125
Parking
- 2 Car Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,060 Sq Ft Home
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Patio
Utilities
- Central Air
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
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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 | $1,064 | $10,301 | $1,563 | $8,738 |
| 2023 | $999 | $11,000 | $1,719 | $9,281 |
| 2022 | $999 | $11,000 | $1,719 | $9,281 |
| 2021 | $1,009 | $10,999 | $1,718 | $9,281 |
| 2020 | $545 | $8,026 | $1,718 | $6,308 |
| 2019 | $553 | $8,918 | $1,718 | $7,200 |
| 2018 | $1,086 | $8,918 | $1,718 | $7,200 |
| 2017 | $1,307 | $9,432 | $1,562 | $7,870 |
| 2016 | $1,392 | $9,432 | $1,562 | $7,870 |
| 2015 | $1,251 | $9,432 | $1,562 | $7,870 |
| 2014 | $1,177 | $8,896 | $1,250 | $7,646 |
| 2013 | $1,142 | $8,896 | $1,250 | $7,646 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 07/05/2025 07/05/25 | For Sale | $140,000 | -- | $132 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $73,000 | Unknown |
Source: Public Records
About the Listing Agent
Chicago-born and real estate-obsessed, I’ve spent 21+ years mastering the art of residential sales, specializing in REO and non-REO assets—especially reverse mortgage REOs. As the Managing Broker of Trademarks & Associates, LLC, I lead with expertise, earning top industry accolades, including Diamond Awards and a spot in the top 1% of realtors. At Trademarks and Associates, we do more than sell properties—we provide hands-on, personalized service, ensuring every asset shines. From REO
Tamika's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12412072
APN: 25-12-430-040-0000
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