NOT LISTED FOR SALE

343 Torrence Ave Calumet City, IL 60409

Estimated Value: $330,000 - $350,000

4 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 11, 2021

Last sale price $107,500

Est. 216% increase in value since last sale

Current estimated payment $2,163/month

71 Days on Market

About This Home

As of May 2021

Calling all Investors! Start your own business and have your tenants pay your Mortgage! Or Rent the whole building and generate appox $42,000 of gross revenue per year! 2 Retail businesses with 2 apartments above!

Last Agent to Sell the Property

Brian Gifford

KW Crossroads License #471021964 Listed on: 11/11/2020

KW Crossroads

Last Buyer's Agent

Nader Shahat

Green Equities LLC License #471017536

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,593

Year Built

  • 1964

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Partial Basement

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,593

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Estimated Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Number Of Rooms: 6
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.06

Garage/Parking

  • Number of Cars: 10
  • Parking: Space/s
  • Number Parking Spaces: 10
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 155

Lot Info

  • Lot Dimensions: 3000
  • Parcel Identification Number: 30071080120000

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 2
  • Half Bathsin Building: 2

Tax Info

  • Taxes: 14540.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
May 6, 2021
Sold by
Marynowski Keith and Estate Of Frank Marynowski
Bought by
Cooper Malika
Seller's Agent
Brian Gifford
KW Crossroads
Buyer's Agent
Nader Shahat
Green Equities LLC
List Price
$159,900
Sold Price
$107,500
Premium/Discount to List
-$52,400
-32.77%
Current Estimated Value
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,500
Avg. Annual Appreciation
29.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cooper Malika $115,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $107,500 -28.3% --
01/21/2021 01/21/21 Pending -- -- --
12/29/2020 12/29/20 Price Changed $149,900 -6.3% --
11/11/2020 11/11/20 For Sale $159,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $4,593 $7,130 $1,650 $5,480
2023 $5,565 $7,130 $1,650 $5,480
2022 $5,565 $6,905 $1,425 $5,480
2021 $5,353 $6,904 $1,425 $5,479
2020 $5,019 $6,904 $1,425 $5,479
2019 $4,807 $6,292 $1,200 $5,092
2018 $4,709 $6,292 $1,200 $5,092
2017 $4,550 $6,292 $1,200 $5,092
2016 $3,776 $5,700 $1,125 $4,575
2015 $3,709 $5,700 $1,125 $4,575
2014 $4,039 $5,700 $1,125 $4,575
2013 $4,019 $6,942 $1,125 $5,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10931856

Midwest Real Estate Data (MRED)

APN: 30-07-108-012-0000