$193,000
●
House -
Off Market
17223 LORENZ Avenue
Lansing, IL 60438
3 Beds
1 Bath
1,350 Ft²
$1,323
Est. Monthly
10.17%
Cap Rate
About This Property
THIS PROPERTY QUALIFIES FOR 6 PERC DOWN PMT AND CC CREDIT!
ABSOLUTELY STUNNING NEWLY REHABBED HOME BY XP CONSTRUCTION. 3BED /
1 BATH WITH OPEN CONCEPT THAT HAS BEEN THOUGHTFULLY REDESIGNED FROM
TOP TO BOTTOM. METICULOUS ATTENTION TO DETAIL, DESIGN+CUSTOM
FINISHES AND CUSTOM MILLWORK AND EXPERT CRAFTSMANSHIP!. UPDATED
KITCHEN WITH SOFT-CLOSE WHITE SHAKER CABINETS, STAINLESS STEEL
APPLIANCES, CUSTOM BACKSPLASH AND QUARTZ COUNTERTOPS. LUXURY VINYL
FLOORING THROUGHOUT WITH WAINSCOTING, COFFERED CEILING AND RECESSED
LIGHTING! LARGE REAR ADDITION WITH THIRD BEDROOM AND SPACIOUS
FAMILY ROOM! PLENTY OF CLOSET SPACE AND STORAGE THROUGHOUT!
DRIVEWAY WILL BE DONE WEATHER PERMITTING AND 2 CAR GARAGE CAN BE
BUILT. ALL NEW EVERYTHING! HURRY, THIS WILL NOT LAST!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$141
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1953
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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.
Last updated: 2 years ago (MRED MLS #12266734)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 8, 2025 | Listed by Prime Real Estate Group Inc | $189,926 | |
| Listed by Prime Real Estate Group Inc | |||
| Dec 16, 2024 | Listed by Prime Real Estate Group Inc | $189,926 | |
| Listed by Prime Real Estate Group Inc | |||
| | |||
|
THIS PROPERTY QUALIFIES FOR 6 PERC DOWN PMT AND CC CREDIT! ABSOLUTELY STUNNING NEWLY REHABBED HOME BY XP CONSTRUCTION. 3BED / 1 BATH WITH OPEN CONCEPT THAT HAS BEEN THOUGHTFULLY REDESIGNED FROM TOP TO BOTTOM. METICULOUS ATTENTION TO DETAIL, DESIGN+CUSTOM FINISHES AND CUSTOM MILLWORK AND EXPERT CRAFTSMANSHIP!. UPDATED KITCHEN WITH SOFT-CLOSE WHITE SHAKER CABINETS, STAINLESS STEEL APPLIANCES, CUSTOM BACKSPLASH AND QUARTZ COUNTERTOPS. LUXURY VINYL FLOORING THROUGHOUT WITH WAINSCOTING, COFFERED CEILING AND RECESSED LIGHTING! LARGE REAR ADDITION WITH THIRD BEDROOM AND SPACIOUS FAMILY ROOM! PLENTY OF CLOSET SPACE AND STORAGE THROUGHOUT! DRIVEWAY WILL BE DONE WEATHER PERMITTING AND 2 CAR GARAGE CAN BE BUILT. ALL NEW EVERYTHING! HURRY, THIS WILL NOT LAST! PHOTOS ARE FROM BUILDER'S PREVIOUS PROJECT IN AREA. PROJECT WILL BE COMPLETED IN JANUARY.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lansing
Similar Homes for Sale
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Listed by: Peter Chrysanthou, Prime Real Estate Group Inc
Last Updated: 2 years ago
Data Source: MRED, MLS# 12266734
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12266734
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