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Lansing 60438
17703 BURNHAM Avenue
$44,500
● House - Off Market

17703 BURNHAM Avenue

LANSING, IL 60438
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
812 Ft²
$70,005
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

2 BEDROOM, 1.5 BATHROOM RANCH STYLE HOME ON CORNER LOT.  PROPERTY HAS FULL FINISHED BASEMENT, DECK OFF side. SOLD AS IS. Needs work.
Unit Size
812 Ft²
Days on Market
-
Land Size
-
Price per sqft
$54
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1950

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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 #09693873)

Price History

Date / Event Date Event Price
Aug 8, 2017 Sold
Premium
Sold
Jul 18, 2017 Listed by RE/MAX Synergy $43,900
Listed by RE/MAX Synergy

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • 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: 2,715
  • Total Building Area: 812
  • Gross Building Area: 812
  • Building Area: 812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 812
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AIRPORT ADD
  • Land Acres: 0000000062
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (AIRPORT) ADD A RESUB OF CERTAIN LOTS IN CALUMET BERN ICE ADD A SUB OF WH WH SW SEC 29-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-29-319-001-0000
  • Block: 7
  • Lot: 1
  • Meridian: SEC 29 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5737
  • Longitude: -87.539

    Address

  • Full Address: 17703 Burnham Ave
  • Address - House Number: 17703
  • Address - Street Name: Burnham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 1909
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $126,861
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 80,830
  • High Value: 100,602
  • Low Value: 61,059

    Market Valuation

  • Market Total Value: $45,270
  • Market Land Value: $11,540
  • Market Improvement Value: $33,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,527
  • Assessed Land Value: $1,154
  • Assessed Improvements Value: $3,373

    Sales

  • Current Sale Contract Date: Aug 04, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1722746488
  • Previous Sale Recording Date: Aug 03, 2000
  • Previous Sale Contract Date: Apr 20, 2000
  • Previous Sale Amount: $90,000
  • 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:

$214,950

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1408 ft²

Average Home Age

63.4 years

Currently For Sale

83 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 18245 Burnham Avenue, Lansing, IL, 60438

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 915 ft²
18245 Burnham Avenue #5, Lansing, IL, 60438 Listing by Jillian Johnson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Synergy
Last Updated: 3 years ago
Data Source: MRED, MLS# 09693873
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 17703 Burnham Avenue built and last sold?
The property at 17703 Burnham Avenue was built in 1950 and last sold on Aug 4, 2017 for $44,500.
How much is this home worth?
The estimated value of the home located at 17703 Burnham Avenue is $0.
What are some comparable homes to 17703 Burnham Avenue?
There are currently no comparable homes to 17703 Burnham Avenue.
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