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Lansing 60438
17212 Lorenz Avenue
$88,500
● House - Off Market

17212 Lorenz Avenue

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,413 Ft²
$86,860
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Sold "As is"!!!!! Great investment opportunity! Close to all accommodations including schools, parks, shops, restaurants, and more. Sold "As is"!!!! Highest and best is due on Tuesday 7/5/22 at 5 pm.
Unit Size
1,413 Ft²
Days on Market
-
Land Size
-
Price per sqft
$60
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1953

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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 #11451701)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by George Flannick $84,900
Listed by George Flannick

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 6,250
  • Total Building Area: 1,413
  • Gross Building Area: 1,413
  • Building Area: 1,413
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,413
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BERENICE VILLA
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-30-217-043-0000
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5825
  • Longitude: -87.5422

    Address

  • Full Address: 17212 Lorenz Ave
  • Address - House Number: 17212
  • Address - Street Name: Lorenz
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C006
  • 4-Digit Zip Code: 1221
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $129,884
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 147,991
  • High Value: 186,825
  • Low Value: 109,157

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $25,000
  • Market Improvement Value: $85,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $8,500

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20208
  • Previous Sale Recording Date: Jun 09, 2022
  • Previous Sale Contract Date: Jun 04, 2021
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: 71
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:

$214,950

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1408 ft²

Average Home Age

63.4 years

Currently For Sale

83 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

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MRED

Listed by: George Flannick, George Flannick
Last Updated: 3 years ago
Data Source: MRED, MLS# 11451701
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 17212 Lorenz Avenue built and last sold?
The property at 17212 Lorenz Avenue was built in 1953 and last sold on Jul 14, 2022 for $88,500.
How much is this home worth?
The estimated value of the home located at 17212 Lorenz Avenue is $0.
What are some comparable homes to 17212 Lorenz Avenue?
There are currently no comparable homes to 17212 Lorenz Avenue.
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