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17738 Commercial Avenue

17738 Commercial Avenue, Lansing, IL 60438
Property in Thornton
Sold Jan 24, 2023
$215,000
$161,250 by Byline Bank
Mortgage
Sold Apr 13, 1994
$124,666
$182,600 by Dependable Mtg Inc
Mortgage Due Apr 01, 2024
Local assessors in Lansing, IL have categorized 17738 Commercial Avenue as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 8,842 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 17 rooms in the home. Of these, 9 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 17738 Commercial Avenue has a total of 4,039 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jan 19, 2023 for $215,000. That's $53.23 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 1994 for $124,666. 17738 Commercial Avenue was last assessed in 2023. The total value of the property was assessed at $30,000. Specifically, the land the property is located on was valued at $3,758. While improvements on the property were assessed at a total of $26,242. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,680. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 12
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,842
  • Total Building Area: 4,039
  • Gross Building Area: 4,039
  • Building Area: 4,039
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,039
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TORRENCE SCHOOL
  • Land Acres: 0.203
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (TORRENCE)(SCHOOL) ADD SUB OF SH SH SW SEC 30-36-15

Ownership

  • Current Owner : STROTTER INVESTMENTS LLC
  • Previous Owner : PHILLIPS SHEILA
  • Owner Before Previous Owner: FISHER JACKEY R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-30-313-057-0000
  • Block: 7
  • Lot: 23
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5726
  • Longitude: -87.5506

    Address

  • Full Address: 17738 Commercial Ave
  • Address - House Number: 17738
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C009
  • 4-Digit Zip Code: 4829
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,680
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 212,792
  • High Value: 244,909
  • Low Value: 180,674

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,250
  • First Open Lien Mortgage Lender: BYLINE BANK
  • First Open Lien Mortgage Recording Date: Jan 24, 2023
  • First Open Lien Mortgage Loan Amount: $161,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $37,580
  • Market Improvement Value: $262,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $3,758
  • Assessed Improvements Value: $26,242

    Sales

  • Current Sale Contract Date: Jan 19, 2023
  • Current Sale Recording Date: Jan 24, 2023
  • Current Sale Transaction ID: 11905233998
  • Current Sale Price: $215,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 41206
  • Previous Sale Recording Date: Apr 13, 1994
  • Previous Sale Contract Date: Mar 22, 1994
  • Previous Sale Amount: $124,666
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BYLINE BANK
  • First Mortgage Transaction Date: Jan 24, 2023
  • First Mortgage Loan Amount: $161,250

    Previous Mortgages

  • Previous Mortgage Lender: DEPENDABLE MTG INC
  • Previous Mortgage Transaction Date: Apr 13, 1994
  • Previous Mortgage Loan Amount: $182,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2024

About Lansing



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Frequently Asked Questions

What neighborhood is 17738 Commercial Avenue located in?
The 17738 Commercial Avenue is a located in the neighborhood of Thornton in Lansing, Lansing.
What is the average sales price for listings in 17738 Commercial Avenue?
The average sales price for units in 17738 Commercial Avenue is $0 currently.

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