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Lansing 60438
17825 Roy Street
$82,000
● House - Off Market

17825 Roy Street

Lansing, IL 60438
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$111,048
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Calling all investors and handy homeowners! This 2 bed 1 bath ranch home is available for a quick closing! This 720 sq ft ranch on a full DRY basement has the perfect amount of space to create a warm and charming home with a little bit of sprucing up. Hardwood floors that will shine beautifully once refinished flow through the living room and 2 bedrooms. The basement is such a perk with large windows, an additional room, and a rec room for entertaining! With a fenced yard and a 2-car garage, you will have everything you need in this quaint home. LOW TAXES, and within walking distance to shopping, food, and schools, you'll want to schedule your showing today!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
-
Price per sqft
$79
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1942

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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 #11678451)

Price History

Date / Event Date Event Price
Jan 13, 2023 Sold
Premium
Sold
Nov 25, 2022 Listed by eXp Realty, LLC $104,900
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • 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: 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: 4,960
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 400
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE SUB
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (LANSING) TERRACE SUB IN WH NW SEC 32-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-102-014-0000
  • Block: 2
  • Lot: 14
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5712
  • Longitude: -87.5366

    Address

  • Full Address: 17825 Roy St
  • Address - House Number: 17825
  • Address - Street Name: Roy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 2326
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $239,406
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2629
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 135,992
  • High Value: 171,752
  • Low Value: 100,233

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $21,080
  • Market Improvement Value: $78,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $2,108
  • Assessed Improvements Value: $7,892

    Sales

  • Current Sale Contract Date: Jan 11, 2023
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33451
  • Previous Sale Recording Date: Dec 24, 2008
  • Previous Sale Contract Date: Dec 05, 2008
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 20
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:

$214,000

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1447 ft²

Average Home Age

67.3 years

Currently For Sale

81 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: Brooke Metz, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11678451
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 17825 Roy Street built and last sold?
The property at 17825 Roy Street was built in 1942 and last sold on Jan 11, 2023 for $82,000.
How much is this home worth?
The estimated value of the home located at 17825 Roy Street is $0.
What are some comparable homes to 17825 Roy Street?
There are currently no comparable homes to 17825 Roy Street.
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