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Lansing 60438
17803 School Street
$185,000
● House - Off Market

17803 School Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,118 Ft²
$179,040
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Spacious corner bungalow (lot size 60 x 125) features 3 BR, 2 Ba, full finished basement with all wood bar, finished laundry room, waterproofed w/drain tile, 13 x 35 family room. Pretty bow window in LR, Lovely all oak trim and all hardwood floors throughout entire house including 4 panel oak doors. Pella Thermopane windows. Newer side drive/ 2.5 car garage. Large  professionally fenced yard, lush landscaping. Interior features a 12 x16 kitchen, appliances all stay, gourmet kitchen cabinets, plenty of storage up and down. Yard completely fenced for privacy. Added bonus Generac attached to house. Sold "as is".
Unit Size
1,118 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1957

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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 #11426099)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Coldwell Banker Realty $175,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,550
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,118
  • Gross Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMMELHACK & RUSTS
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SEMMELHACK) & (RUSTS) SUB OF NH OF WH NW NE SEC 31-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-31-200-046-0000
  • Block: 2
  • Lot: 48,47
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5718
  • Longitude: -87.5488

    Address

  • Full Address: 17803 School St
  • Address - House Number: 17803
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C016
  • 4-Digit Zip Code: 1822
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $284,553
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 192,550
  • High Value: 241,235
  • Low Value: 143,865

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $32,090
  • Market Improvement Value: $127,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $3,209
  • Assessed Improvements Value: $12,791

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34079
  • Previous Sale Recording Date: Aug 29, 2006
  • Previous Sale Contract Date: Aug 23, 2006
  • Previous Sale Amount: $100,000
  • 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:

$210,000

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1476 ft²

Average Home Age

67.4 years

Currently For Sale

80 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: Janice Minton-Kutz, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11426099
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 17803 School Street built and last sold?
The property at 17803 School Street was built in 1957 and last sold on Jul 13, 2022 for $185,000.
How much is this home worth?
The estimated value of the home located at 17803 School Street is $0.
What are some comparable homes to 17803 School Street?
There are currently no comparable homes to 17803 School Street.
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