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Lansing 60438
18103 Lorenz Avenue
$210,000
● House - Off Market

18103 Lorenz Avenue

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,500 Ft²
$210,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Plant your roots in this meticulously maintained home situated on a grassy, corner lot in a charming, established, neighborhood. Foyer leads to a sunny, formal, living room and attached dining room. Full bath is conveniently located near the main floor bedroom with additional upper-level 1/2 bath and additional 2 bedrooms. Kitchen hosts a view into the formal dining room providing a nice, tidy area to entertain guests. After dinner, retire to family room or enjoy a summer's evening on the outdoor deck equipped with Starfish Smart lighting system. This home also features a basement with laundry room and extra space for storage or work area, a 2 1/2 car garage, and shed. Minutes to expressway. Steps from Winterhoff park, open soccer field, and a quick walk to Fox Pointe! Welcome Home!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
$270
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 #11878035)

Price History

Date / Event Date Event Price
Nov 22, 2023 Sold
Premium
Sold
Sep 27, 2023 Listed by @properties Christie's International Real Estate $210,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,003
  • Gross Building Area: 1,003
  • Building Area: 1,003
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,003
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUBDIVISION OF LTS2-3,6-7 & SUBLTS1-
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RESUBDIVISION) OF LTS2-3,6-7 & SUBLTS1-5 OF LTS 4-5 IN LANSING GARDENS SEC 32-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828100

Geography

  • District: 37
  • Parcel: 30-31-226-001-0000
  • Block: 5
  • Lot: 2,3
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5664
  • Longitude: -87.5414

    Address

  • Full Address: 18103 Lorenz Ave
  • Address - House Number: 18103
  • Address - Street Name: Lorenz
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C016
  • 4-Digit Zip Code: 2263
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $326,811
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 180,009
  • High Value: 225,523
  • Low Value: 134,495

    Market Valuation

  • Market Total Value: $120,010
  • Market Land Value: $31,880
  • Market Improvement Value: $88,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,001
  • Assessed Land Value: $3,188
  • Assessed Improvements Value: $8,813

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45009
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

$154

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1417 ft²

Average Home Age

64.4 years

Currently For Sale

87 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 Bosak, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11878035
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 18103 Lorenz Avenue built and last sold?
The property at 18103 Lorenz Avenue was built in 1942 and last sold on Nov 14, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 18103 Lorenz Avenue is $0.
What are some comparable homes to 18103 Lorenz Avenue?
There are currently no comparable homes to 18103 Lorenz Avenue.
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