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Lansing 60438
17111 Lorenz Avenue
$135,000
● House - Off Market

17111 Lorenz Avenue

Lansing, IL 60438
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$138,826
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

It's your buyers lucky day!!!  Back on the market, first buyers failed financing. Passed FHA inspection and ready to close.  Seller would like to accept an offer on October 21, highest and best. This well cared for home is waiting for you... Two bedrooms, updated bath, updated kitchen, newer flooring, fenced yard and a huge two car garage.  Walking distance to schools, shops, and dining out.  Make your appt now.  Own your new home!!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$138
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #11216093)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 11, 2021 Listed by RE/MAX 2000 $124,500
Listed by RE/MAX 2000

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 390
  • Total Building Area: 817
  • Gross Building Area: 817
  • Building Area: 817
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 817
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING - CALUMET
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (LANSING)-(CALUMET) SUB OF W 104 RDS OF E 132 RDS IN NH NE SEC 30-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 827902

Geography

  • District: 37
  • Parcel: 30-30-213-003-0000
  • Block: 12
  • Lot: 3
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5844
  • Longitude: -87.5415

    Address

  • Full Address: 17111 Lorenz Ave
  • Address - House Number: 17111
  • Address - Street Name: Lorenz
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C006
  • 4-Digit Zip Code: 1218
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $225,046
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.258
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 136,818
  • High Value: 172,129
  • Low Value: 101,506

    Market Valuation

  • Market Total Value: $95,000
  • Market Land Value: $20,000
  • Market Improvement Value: $75,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,500
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $7,500

    Sales

  • Current Sale Contract Date: Nov 11, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2133401004
  • Previous Sale Recording Date: Oct 19, 2011
  • Previous Sale Contract Date: Oct 05, 2011
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lansing

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1420 ft²

Average Home Age

63.6 years

Currently For Sale

84 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 18446 Torrence Avenue, Lansing, IL, 60438

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 880 ft²
18446 Torrence Avenue #1E, Lansing, IL, 60438 Listing by Diane Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Eng, RE/MAX 2000
Last Updated: 3 years ago
Data Source: MRED, MLS# 11216093
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.

Frequently Asked Questions

When was property at 17111 Lorenz Avenue built and last sold?
The property at 17111 Lorenz Avenue was built in 1950 and last sold on Nov 11, 2021 for $135,000.
How much is this home worth?
The estimated value of the home located at 17111 Lorenz Avenue is $126,682.
What are some comparable homes to 17111 Lorenz Avenue?
There are currently no comparable homes to 17111 Lorenz Avenue.
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