Auction Date Oct 31

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$55,000

Listing Price$27,500Est. Opening Bid

2beds

1baths

909sqft

6,350sqft lot

492 Freeland Ave, Calumet City, IL 60409

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Auction Date Oct 31

Bank Owned

Single Family

Home type

60.51

Price / sqft

1908

Year built

Home Details

Investor Opportunity in Calumet City This property at 492 Freeland presents a great opportunity for investors, rehabbers, or buyers looking to bring their vision to life. The home needs work and is being offered in its current condition, providing plenty of potential for renovation and value-add improvements. Conveniently located near shopping, dining, transportation, and area amenities. Bring your contractor and explore the possibilities

Interior Details

Square Feet
  • 909

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6350

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Frame

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2018

$905

$2,063

$2,582

--%

$4,645

2017

$918

$2,063

$2,582

--%

$4,645

2016

$1,508

$1,905

$2,869

--%

$4,774

2015

$1,399

$1,905

$2,869

--%

$4,774

2014

$1,563

$1,905

$2,869

--%

$4,774

2012

$1,538

$1,905

$3,413

--%

$5,318

2011

$1,665

$1,905

$3,413

--%

$5,318

percent-home-icon

Average Home Price in 60409

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$116,647

1 Beds

1 Baths

840 Sqft

7,500 Lot (sqft)

Sold 08/14/2026

$71,730

2 Beds

1 Baths

920 Sqft

7,500 Lot (sqft)

Sold 08/14/2026

$--

2 Beds

1 Baths

792 Sqft

6,200 Lot (sqft)

Sold 05/27/2026

$174,042

3 Beds

1 Baths

1,016 Sqft

3,763 Lot (sqft)

Sold 10/26/2026

$118,977

3 Beds

1 Baths

1,000 Sqft

3,100 Lot (sqft)

Sold NaN/NaN/NaN

$79,885

3 Beds

1 Baths

1,022 Sqft

4,092 Lot (sqft)

Sold 10/26/2026

$106,933

2 Beds

1 Baths

840 Sqft

3,100 Lot (sqft)

Sold 10/26/2026

$132,573

2 Beds

1 Baths

970 Sqft

6,125 Lot (sqft)

Sold NaN/NaN/NaN

$140,000

2 Beds

1 Baths

1,032 Sqft

5,000 Lot (sqft)

Sold 11/02/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
55,000
$
Down payment
11,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
330
$
HOA (Monthly)
0
$
PMI
0
$
$356
Your Payment
Total Monthly Payment:$356
Percent of Income:6%
Affordable:Yes

Bank Owned Details for 492 FREELAND AVE

Property Debt

Foreclosure Contact Details