Financial
Distress signals
Property profile

562 Torrence Ave Calumet City, IL 60409

OFF-MARKET
Commercial real estate
Property ID
US28-2479011
0.07 ac lot Built 2003
Last sale Oct 2004 · $66,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Exceptional investment opportunity: a 9-unit Class B shopping center located at 562-578 Torrence Ave, Calumet City, IL 60409. This 10,000 square foot property, built in 2008, sits on a 30,049 square foot lot and offers 50 parking spaces. Currently boasting 90% occupancy with strong tenants including Subway and Boost Mobile, the center generates a substantial net operating income (NOI) of $181,741, with a pro-forma NOI of $215,341. The asking price is $2,125,000, representing a current cap…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value$5k
Assessed land$2k
Assessed improvement$2k
Effective rate79.17%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 1069 recorded sales of this use type
Observed band · Q1–Q3$140 – $917

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.2
Realty agency16.8
Dental Office14.7

Location

562 Torrence Ave Calumet City, IL 60409-3217
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1250 Burnham, Calumet City, IL 60409-5706 $450,000 Jul 2025 No data
906 Lucas, Calumet City, IL 60409 $130,000 Jun 2025 No data
1360 Ring, Calumet City, IL 60409-5447 $1,667,500 May 2025 No data
600 Sibley, Calumet City, IL 60409 $1,050,000 Apr 2025 No data
716 Burnham, Calumet City, IL 60409 $300,000 Nov 2024 No data
1072 147th, Calumet City, IL 60409 $550,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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