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Lansing 60438
17901 Escanaba Avenue
$209,000
● House - Off Market

17901 Escanaba Avenue

Lansing, IL 60438
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,752 Ft²
$212,333
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Don't miss out on this spacious all brick ranch in the great town of Lansing!  One of the largest models in the subdivision, on a large corner lot boasts 1,752 sf of living space with a full partially finished basement.  These bones are good.  Includes a new roof on the house and garage in 2019, bedrooms have the original hardwood floors, new laminate floors throughout the main level, new HVAC in 2018, new siding on the garage.  The basement has the potential for three additional rooms.  The house is being sold as-is.
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$120
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1961

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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 #11371320)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 10, 2022 Listed by DNV Solutions LLC $209,900
Listed by DNV Solutions LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • 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: 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: 5,040
  • Total Building Area: 1,752
  • Gross Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREATER CALUMET
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (GREATER)(CALUMET) ADD SUB SEC 31-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828201

Geography

  • District: 37
  • Parcel: 30-31-108-002-0000
  • Block: 4
  • Lot: 2
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.57
  • Longitude: -87.5525

    Address

  • Full Address: 17901 Escanaba Ave
  • Address - House Number: 17901
  • Address - Street Name: Escanaba
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C009
  • 4-Digit Zip Code: 2117
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $362,199
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 204,057
  • High Value: 224,689
  • Low Value: 183,425

    Market Valuation

  • Market Total Value: $80,210
  • Market Land Value: $21,420
  • Market Improvement Value: $58,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,021
  • Assessed Land Value: $2,142
  • Assessed Improvements Value: $5,879

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1172
  • Previous Sale Recording Date: Dec 10, 2021
  • Previous Sale Contract Date: Nov 30, 2021
  • Previous Sale Amount: $170,000
  • 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

58

Average Home Size

1436 ft²

Average Home Age

66.7 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 18343 Oakwood Avenue, Lansing, IL, 60438

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,700 ft²
18343 Oakwood Avenue, Lansing, IL, 60438 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Tassone, DNV Solutions LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11371320
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 17901 Escanaba Avenue built and last sold?
The property at 17901 Escanaba Avenue was built in 1961 and last sold on Jun 7, 2022 for $209,000.
How much is this home worth?
The estimated value of the home located at 17901 Escanaba Avenue is $214,309.
What are some comparable homes to 17901 Escanaba Avenue?
There are currently no comparable homes to 17901 Escanaba Avenue.
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