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Lansing 60438
17411 Burnham Avenue
$163,500
● House - Off Market

17411 Burnham Avenue

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,058 Ft²
$1,270
Est. Monthly
9.79%
Cap Rate

About This Property

Welcome to this classic bungalow! Everything has been redone for you; just move your furniture right in to this ALL BRICK home. Enjoy the eat-in kitchen with granite countertops, stainless steel appliances and pantry. The large front room boasts a wood burning fireplace and mirrored wall. Three good size bedrooms and 1.5 bathrooms round out the main level. The HUGE rec room in the finished basement has a large bar area and gives so many options for use. Low maintenance fenced yard. Great for INVESTORS too! Taxes reflect no exemptions.
Unit Size
1,058 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
1977

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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 #11903320)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Oct 6, 2023 Listed by Listing Leaders Homes & Specialty $163,500
Listed by Listing Leaders Homes & Specialty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,600
  • Total Building Area: 1,058
  • Gross Building Area: 1,058
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALUMET BERNICE
  • Land Acres: 0000000060
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (CALUMET)(BERNICE) ADD SUB OF WH WH SW SEC 29-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-29-300-005-0000
  • Block: 2
  • Lot: 5
  • Meridian: SEC 29 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5788
  • Longitude: -87.539

    Address

  • Full Address: 17411 Burnham Ave
  • Address - House Number: 17411
  • Address - Street Name: Burnham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C006
  • 4-Digit Zip Code: 1327
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $508,155
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 155,237
  • High Value: 170,932
  • Low Value: 139,541

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $10,400
  • Market Improvement Value: $99,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $1,040
  • Assessed Improvements Value: $9,960

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2054
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

1452 ft²

Average Home Age

67.6 years

Currently For Sale

82 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 1522 Wentworth Avenue, Calumet City, IL, 60409

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
1522 Wentworth Avenue, Calumet City, IL, 60409 Listing by Kirk Busch
Unit for rent at 2531 183rd Street, Lansing, IL, 60438

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 801 ft²
2531 183rd Street, Lansing, IL, 60438 Listing by Cecilia Favela

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sarah Verpooten, Listing Leaders Homes & Specialty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11903320
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 17411 Burnham Avenue built and last sold?
The property at 17411 Burnham Avenue was built in 1977 and last sold on Feb 29, 2024 for $183,500.
How much is this home worth?
The estimated value of the home located at 17411 Burnham Avenue is $165,208.
What are some comparable homes to 17411 Burnham Avenue?
There are currently no comparable homes to 17411 Burnham Avenue.
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