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Lansing 60438
17308 Chicago Avenue
$186,000
● House - Off Market

17308 Chicago Avenue

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,722 Ft²
$198,660
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Take a look! New Baths, New Flooring, Vaulted Ceilings. Move right in! Tastefully decorated 3 Bedroom, 2 full bathroom, tri-level home with fireplace that is close to everything.  Expressways, Commuter train, shopping, entertainment and a quiet community surrounding a small lake. All New: Oven, Fridge, Microwave, Garage Door, Luxury Vinyl Planking, All New Carpet, Light Fixtures, New Roof on House and Garage 2020 including New Gutters, Soffits and Fascias. Seller has put a ton into this beautiful property. It is in excellent condition.  They are selling as-is because they are done, not because it has any major issues.
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$102
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1972

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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 #11189595)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 13, 2021 Listed by Suburban Life Realty, Ltd $175,000
Listed by Suburban Life Realty, Ltd

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,244
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW MANOR
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (LAKEVIEW) (MANOR) SUB OF PT OF SW NE SEC 30-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-30-215-060-0000
  • Lot: 9
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5808
  • Longitude: -87.5446

    Address

  • Full Address: 17308 Chicago Ave
  • Address - House Number: 17308
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C024
  • 4-Digit Zip Code: 1263
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $563,794
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 183,040
  • High Value: 229,320
  • Low Value: 136,759

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $24,980
  • Market Improvement Value: $135,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,498
  • Assessed Improvements Value: $13,502

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2127828095
  • Previous Sale Recording Date: Jun 08, 2001
  • Previous Sale Contract Date: May 23, 2001
  • Previous Sale Amount: $127,500
  • 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:

$214,950

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1404 ft²

Average Home Age

63.8 years

Currently For Sale

86 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 18116 Wildwood Avenue, Lansing, IL, 60438

$2,100 /mo

  • 4 Beds
  • 1 Bath
  • 1,450 ft²
18116 Wildwood Avenue, Lansing, IL, 60438 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jane Boeckelmann, Suburban Life Realty, Ltd
Last Updated: 3 years ago
Data Source: MRED, MLS# 11189595
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 17308 Chicago Avenue built and last sold?
The property at 17308 Chicago Avenue was built in 1972 and last sold on Sep 27, 2021 for $186,000.
How much is this home worth?
The estimated value of the home located at 17308 Chicago Avenue is $0.
What are some comparable homes to 17308 Chicago Avenue?
There are currently no comparable homes to 17308 Chicago Avenue.
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