$399,000
●
House -
For Sale
1692 185th Street
Lansing, IL 60438
5 Beds
2 Baths,
1
Half Bath
2,400 Ft²
$3,229
Est. Monthly
About This Property
Welcome to this spacious and beautifully maintained two-story home
offering 5 bedrooms, 2.5 bathrooms, and approximately 2,400 square
feet of comfortable living space. Situated on a generous
quarter-acre lot in a desirable Lansing neighborhood, this home
provides the perfect blend of space, functionality, and comfort.
The thoughtfully designed floor plan features
expansive living areas ideal for everyday living and entertaining,
along with generously sized bedrooms to accommodate family, guests,
or a home office. The spacious kitchen offers abundant cabinet and
counter space and flows seamlessly into the main living areas,
making gatherings effortless. Step outside to enjoy
the large backyard with plenty of room for outdoor entertaining,
gardening, play, or future customization. An attached garage and
ample storage complete the package. Conveniently
located near parks, schools, shopping, dining, and major highways,
this home offers both comfort and accessibility. Don't miss the
opportunity to make this exceptional Lansing property your next
home!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$166
Property Type
House
Property Taxes
$1,269
HOA Dues
-
Year Built
1992
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage Door Opener, Attached, Garage, Yes, Garage Owned
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator
Rooms: 11
Has Fireplace
Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
Fireplaces: 1
Basement: Finished, Full
Exterior Details
Square Footage: 2400
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 1993
Window Features: Screens
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Patio, Porch
Lot Features: Corner Lot
Lot Size Area: 10890
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Lot Size Dimensions: 120 X 90
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $15,226
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lansing
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Listed by: Rashauna Scott, Keller Williams ONEChicago
Data Source: MRED, MLS# MRD12693552
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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD12693552
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