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Lansing 60438
17543 Walter Street
$248,000
● House - Off Market

17543 Walter Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,702 Ft²
$1,760
Est. Monthly
6.09%
Cap Rate

About This Property

5 BR/2 full Bathroom.  Fully rehabbed (2023) Brick Cape Cod with finished basement. Spacious main floor family room, a fireplace, dining room, and a host of modern upgrades such as a new kitchen & remodeled bathrooms.  Other upgrades include appliances, roof, plumbing, electrical, drywall, flooring, windows, HVAC, new washer, dryer.   Over 2500 sq ft of living area!!!! Finished basement with bath, laundry and 2 BR.  Walk up finished attic.  2.5 - Car garage newly sided garage. This property is move-in ready and will give years of hassle free living.
Unit Size
1,702 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1951

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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 #11965609)

Price History

Date / Event Date Event Price
May 8, 2024 Sold
Premium
Sold
Jan 26, 2024 Listed by St Joseph's Real Estate LLC $247,000
Listed by St Joseph's Real Estate LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • 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: 150
  • 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: 6,100
  • Total Building Area: 1,186
  • Gross Building Area: 1,186
  • Building Area: 1,186
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,186
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AIR PORT ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828000

Geography

  • District: 37
  • Parcel: 30-29-308-043-0000
  • Block: 4
  • Lot: 13-15
  • Meridian: SEC 29 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5762
  • Longitude: -87.5378

    Address

  • Full Address: 17543 Walter St
  • Address - House Number: 17543
  • Address - Street Name: Walter
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C005
  • 4-Digit Zip Code: 2024
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $656,022
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 244,377
  • High Value: 269,085
  • Low Value: 219,668

    Market Valuation

  • Market Total Value: $130,010
  • Market Land Value: $25,930
  • Market Improvement Value: $104,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,001
  • Assessed Land Value: $2,593
  • Assessed Improvements Value: $10,408

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Dec 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 15021
  • Previous Sale Recording Date: Dec 03, 2015
  • Previous Sale Contract Date: Nov 19, 2015
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: 27
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

58

Average Home Size

1464 ft²

Average Home Age

64.4 years

Currently For Sale

79 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: David Hernandez, St Joseph's Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11965609
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 17543 Walter Street built and last sold?
The property at 17543 Walter Street was built in 1951 and last sold on Nov 21, 2022 for $85,500.
How much is this home worth?
The estimated value of the home located at 17543 Walter Street is $0.
What are some comparable homes to 17543 Walter Street?
There are currently no comparable homes to 17543 Walter Street.
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