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Lansing 60438
17603 ROY Street
$110,000
● House - Off Market

17603 ROY Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$114,300
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

AWESOME HOME WITH A AWESOME LOCATTION* NICE AND SPACIOUS 3 BEDROOM CAPE COD HOME WITH A FULL BASEMENT SITUATED ON A NICE CORNER LOT WITH A 2 CAR DETACHED GARAGE* NICE BIG LIVING ROOM* 2 MAIN LEVEL BEDROOMS AND HUGE 3RD BEDROOM UPSTAIRS DOUBLES AS A OFFICE/COMPUTER AREA OR TV ROOM* EAT IN KITCHEN HAS OAK CABINETS AND ALL APPLIANCES* WASHER & DRYER ARE IN THE FULL BASEMENT* SOME WHAT NEWER ROOF, WINDOWS, FURNACE AND CENTRAL AIR* AWESOME FENCED SIDE YARD* THE HOME IS IN GREAT MOVE IN CONDITION* REAL ESTATE TAXES DO NOT HAVE A HOMEOWNERS EXEMPTION* GREAT OPPERTINUITY TO OWN YOR OWN HOME OR TO PURCHASE AS A INVESTMENT (SEE BROKER REMARKS)* AWESOME HOME FOR THE MONEY, COME AND SEE FOR YOURSELF!!!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$100
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1948

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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 #11479244)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Jul 31, 2022 Listed by RE/MAX 10 $109,900
Listed by RE/MAX 10

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 28
  • Exterior Walls Type: 17
  • 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: 6,936
  • Lot Size Depth Feet: 1,220
  • Total Building Area: 750
  • Gross Building Area: 750
  • Building Area: 750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 750
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVIATION ADD
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (AVIATION) ADD SUB OF ALL LTS IN BLK 1-8 INCL IN COMM UNITY CENTER ADD SUB IN EH WH SW SEC 29-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-29-315-041-0000
  • Block: 1-8
  • Lot: 1,2
  • Meridian: SEC 29 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5755
  • Longitude: -87.5367

    Address

  • Full Address: 17603 Roy St
  • Address - House Number: 17603
  • Address - Street Name: Roy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C005
  • 4-Digit Zip Code: 2020
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $480,991
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2629
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 141,008
  • High Value: 178,086
  • Low Value: 103,929

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $29,480
  • Market Improvement Value: $90,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,948
  • Assessed Improvements Value: $9,052

    Sales

  • Current Sale Contract Date: Sep 06, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28260
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: 71
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:

$215,000

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1392 ft²

Average Home Age

64.9 years

Currently For Sale

89 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: Clifford Rago, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11479244
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 17603 Roy Street built and last sold?
The property at 17603 Roy Street was built in 1948 and last sold on Sep 6, 2022 for $110,000.
How much is this home worth?
The estimated value of the home located at 17603 Roy Street is $0.
What are some comparable homes to 17603 Roy Street?
There are currently no comparable homes to 17603 Roy Street.
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