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Financial
Distress signals
Property profile

735 Torrence Ave Calumet City, IL 60409

OFF-MARKET
Retail space
Property ID
US28-2474898
0.8 ac lot Built 1969
Last sale May 2022 · $200,000
Trust Owned Owner of record is a trust. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 5,600-square-foot building currently configured for bar/lounge use, with a large bar and an on-site kitchen capable of supporting food service. It includes gaming amenities (five gaming machines) and seating for 100+ people, indicating suitability for high-capacity service. Signage is present on Torrence Avenue, and the lot is partially fenced. The building is situated on an approximately 0.80-acre parcel with roughly 50 customer parking spaces, and it is located about one mile from River Oaks Mall.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$62k
Tax billed · 2022
Assessed value$86k
Assessed land$61k
Assessed improvement$25k
Effective rate72.40%

Value estimate

· Oct 2026
$155k
$140k – $171k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

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 Firm31.5
Realty agency29.4
Dental Office23.2

Location

735 Torrence Ave Calumet City, IL 60409-4301
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2005 Riv Oaks, Calumet City, IL 60409-5075 $200,000 Jul 2025 No data
640 147th, Calumet City, IL 60409 $1,050,000 Apr 2025 No data
636 Sibley, Calumet City, IL 60409-2543 $1,050,000 Apr 2025 No data
460 Burnham, Calumet City, IL 60409-2560 $1,050,000 Apr 2025 No data
521 Lincoln, Calumet City, IL 60409-3519 $150,000 Mar 2025 No data
456 Burnham, Calumet City, IL 60409-2560 $1,050,000 Jan 2025 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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