Contact us: 563.441.1776
Description
Live in one house and rent the other out! Two Single-Family Homes for the Price of One! Fire your landloard today with this rare property featuring two separate single-family homes on a single parcel with only one tax bill. This unique setup offers an incredible turnkey opportunity for new or savvy investors or owner occupants with an immediate income opportunity. The first home, 657 Freeland, is a spacious 4-bedroom, 2-bathroom house (including one bedroom in the basement) that is currently vacant, easy to show, and previously rented for $2,400 a month. Right next door, 659 Freeland features a 5-bedroom, 2-bathroom layout with an unfinished basement perfect for storage or future value-add potential. This second home is currently occupied by a tenant on a month-to-month lease generating $2,300 a month, ensuring immediate cash flow from day one. Schedule your private showing of the vacant home today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 4
County: Cook
Listed By:
ICandy Realty LLC
708-255-0200
MRED MLS
MLS ID: 12771520
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657 Freeland Avenue, Calumet City, IL 60409.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $285,000 | $285,000 | $285,000 |
| Down Payment | $57,000 | $9,975 | $71,250 |
| Monthly Mortgage Amount | $1,536 | $1,885 | $1,862 |
| Taxes | $397 | $397 | $397 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $125 | $0 |
| Monthly Estimated Total | $2,033 | $2,507 | $2,359 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/05/2026. The listing information on this page last changed on 10/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 10/05/2026 12:00:24 AM EST) or MRED MLS (last updated Sun 10/04/2026 11:55:09 PM EST) or SCWMLS (last updated Sun 10/04/2026 11:55:59 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 10/04/2026 10:24:12 PM EST) or Cedar Rapids MLS (last updated Sun 10/04/2026 10:44:13 PM EST) or NEIRBR MLS (last updated Sun 10/04/2026 11:58:38 PM EST) or ICAAR MLS (last updated Sun 10/04/2026 11:37:36 PM EST) or ECIMLS (last updated Sun 10/04/2026 11:44:33 PM EST) or RMLSA (last updated Sun 10/04/2026 11:50:55 PM EST) or Muscatine MLS (last updated Sun 10/04/2026 11:45:09 PM EST) or No Coast MLS (last updated Sun 10/04/2026 11:54:19 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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