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10002 S Torrence Ave
Multi-Family
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$249,999

10002 S Torrence Ave, Chicago

79% below median
6 bd·2 ba·0 sqft
Built 1910South Deering

10002 S Torrence Ave, Chicago, IL

6 bd · 2 ba · 0 sqft Multi-Family listed at $249,999, built in 1910 in the South Deering neighborhood.

About this home

Huge Price Reduction. Rare Bundle Sale! Buy 2 Amazing Properties. Cash offer or investment loan only, reading about zoning in agent remarks . Huge Price Reduction - Homeowner, House Hacker & Investor's Dream! Welcome to 10002 & 10004 S Torrence Ave, Chicago, IL 60617 - yes, two houses with two separate PINs, right next door to each other! This rare opportunity offers low taxes and an unbeatable location just minutes from major highways and the Indiana border. Features & Highlights: * Two separate homes - rent one and live in the other for little to no cost. * Both roofs replaced in 2024 - move in with peace of mind. * Updated throughout the years for comfort and convenience. * Ideal for homeowners, investors, or anyone looking for a house hacking opportunity. Don't miss this unique chance to own two properties side by side in a prime location!

Property details

Price
$249,999
Bedrooms
6
Bathrooms
2
Year built
1910
Type
Multi-Family
Days on market
108
Est. property tax
$5,200/yr · $433/mo · 2.08% IL avg
Last sold
$23,000 · Feb 2020

Estimated monthly payment

Down payment20% ($50,000)
Interest rate6.75%
Principal & Interest$1,297
Property Tax$229
Insurance$150
Total$1,676/mo

Can I afford this?

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Price history

1%Most recent change on 2026-03-25: $252,500$249,999.

$327K$161K$-5K$60K on Sep 18 (Initial list)$50K on Dec 18 (Price change)$50K on Feb 19 (Price change)$50K on Feb 19 (Price change)$50K on Feb 19 (Initial list)$32K on Apr 19 (Price change)$32K on May 19 (Price change)$32K on Jul 19 (Price change)$23K on Nov 19 (Initial list)$23K on Feb 20 (Sold)$299K on Jun 25 (Initial list)$275K on Aug 25 (Price change)$255K on Oct 25 (Price change)$254K on Jan 26 (Price change)$254K on Jan 26 (Initial list)$253K on Jan 26 (Price change)$250K on Mar 26 (Price change)
$60K · Sep 18$250K · Mar 26
  1. Mar 25, 2026$249,999Price change
  2. Jan 12, 2026$252,500Price change
  3. Jan 8, 2026$253,500Initial list price
  4. Jan 5, 2026$253,500Price change
  5. Oct 7, 2025$255,000Price change
  6. Aug 14, 2025$274,999Price change
  7. Jun 9, 2025$299,000Initial list price
  8. Feb 10, 2020$23,000Sold
  9. Nov 4, 2019$23,000Initial list price
  10. Jul 7, 2019$32,000Price change
  11. May 20, 2019$32,000Price change
  12. Apr 24, 2019$32,000Price change
  13. Feb 20, 2019$49,900Initial list price
  14. Feb 7, 2019$49,900Price change
  15. Feb 6, 2019$49,900Price change
  16. Dec 12, 2018$49,900Price change
  17. Sep 13, 2018$59,900Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60617)

Median age is 36.8; 13% hold a bachelor's degree; 57% of homes are owner-occupied; median household income is $51,203.

Median income
$51,203
Median age
36.8
Owner-occupied
57.3%
Bachelor's degree
12.7%
Census median home value
$160,800

Source: US Census Bureau American Community Survey 5-year estimates.

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