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Lansing 60438
17138 Burnham Avenue
$235,000
● House - Off Market

17138 Burnham Avenue

Lansing, IL 60438
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$1,503
Est. Monthly
13.71%
Cap Rate

About This Property

Beautifully renovated 4-bedroom, 2-bath home with a modern open-concept design. Featuring a newly designed floor plan, the home boasts a stylish kitchen with brand-new stainless steel appliances, elegant beige and white finishes accented with gold metals, and abundant natural light. Updates include a new furnace, AC unit, windows, siding, and paved driveway for peace of mind and curb appeal. The garage also features new vinyl siding, while the ornate front landscaping adds a touch of class. A move-in ready, worry-free home blending modern comfort with timeless charm.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$192
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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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

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • 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: 5,610
  • Total Building Area: 931
  • Gross Building Area: 931
  • Building Area: 931
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 931
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGHT VIEW
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (BRIGHT)(VIEW) ADD SUB OF E 28 RDS OF NH OF NE EXCEPT E 7RDS OF N 5 RDS OF SEC 30-36-15 SEC 30-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-30-214-057-0000
  • Block: 4
  • Lot: 16,15
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5836
  • Longitude: -87.5398

    Address

  • Full Address: 17138 Burnham Ave
  • Address - House Number: 17138
  • Address - Street Name: Burnham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C006
  • 4-Digit Zip Code: 1322
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,759
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 136,365
  • High Value: 167,503
  • Low Value: 105,227

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $22,440
  • Market Improvement Value: $77,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $2,244
  • Assessed Improvements Value: $7,756
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:

$214,900

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1446 ft²

Average Home Age

64.3 years

Currently For Sale

80 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 861 Campbell Avenue, Calumet City, IL, 60409

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 720 ft²
861 Campbell Avenue, Calumet City, IL, 60409 Listing by Jaiva Birch

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Goodman, Home First Realty Inc
Data Source: MRED, MLS# MRD12448481
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 17138 Burnham Avenue built and last sold?
The property at 17138 Burnham Avenue was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 17138 Burnham Avenue is $229,995.
What are some comparable homes to 17138 Burnham Avenue?
There are currently no comparable homes to 17138 Burnham Avenue.
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