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Lansing 60438
17240 Roy Street
$197,700
● House - Off Market

17240 Roy Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,225 Ft²
$1,415
Est. Monthly
9.42%
Cap Rate

About This Property

Stunningly updated and ready for new owners, this home features a fabulous new kitchen complete with quartz countertops, white shaker-style cabinets, and sleek stainless steel appliances. Enjoy the benefits of new windows throughout and brand-new flooring, including luxury vinyl plank and plush carpeting. The interior has been refreshed with new paint, fixtures, and lighting for a modern touch.   Don't miss the opportunity to explore the 3-D tour with a detailed floor plan, and be sure to schedule your private showing today!
Unit Size
1,225 Ft²
Days on Market
-
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
$444
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,225
  • Gross Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNHAM BERENICE
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (BURNHAM)(BERENICE) SUB OF WH SW NW SEC 29-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-29-107-049-0000
  • Block: 2
  • Lot: 18,19
  • Meridian: SEC 29 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5817
  • Longitude: -87.5373

    Address

  • Full Address: 17240 Roy St
  • Address - House Number: 17240
  • Address - Street Name: Roy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C006
  • 4-Digit Zip Code: 1347
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $494,573
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 150,586
  • High Value: 190,101
  • Low Value: 111,071

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $24,800
  • Market Improvement Value: $85,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,480
  • Assessed Improvements Value: $8,520

    Sales

  • Current Sale Contract Date: Jul 28, 2015
  • Current Sale Recording Date: Sep 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1525916043
  • Previous Sale Recording Date: Feb 14, 2014
  • Previous Sale Contract Date: Aug 22, 2013
  • Previous Sale Amount: $37,000
  • Previous Sale Document Type: 64
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

$154

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1417 ft²

Average Home Age

64.4 years

Currently For Sale

87 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: Neil Gates, Chase Real Estate LLC
Data Source: MRED, MLS# MRD12385417
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 17240 Roy Street built and last sold?
The property at 17240 Roy Street was built in 1953 and last sold on Jul 28, 2015 for $1,338,000.
How much is this home worth?
The estimated value of the home located at 17240 Roy Street is $0.
What are some comparable homes to 17240 Roy Street?
There are currently no comparable homes to 17240 Roy Street.
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