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Lansing 60438
18244 Burnham Avenue
$125,000
● House - Off Market

18244 Burnham Avenue

LANSING, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$209,893
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

WOW!! Beautiful home with so much character and old world charm.  Front and back porches and wide side drive. Lots of original details inside. Original hardwood floors throughout ( wide plank upstairs) and wood staircase leading to the second floor. Huge family room addition on the main level. Nice kitchen with new stainless steel appliances. Big bedroom has walk in closet.  New tile and vanity second floor bath. 2 Zone heating and AC. Recent roofing and siding. 4 car extra tall garage with both front and rear alley access. Deep lot. Room sizes estimated. Broker owned.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$72
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1928

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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 #09509963)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Feb 21, 2017 Listed by Finish Line Realty , Inc. $129,900
Listed by Finish Line Realty , Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,333
  • Gross Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,333
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHULTZ FIRST
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: H F W (SCHULTZ)(FIRST) SUB RESUB OF LTS 1 2 & 8 IN SU B OF EXCEPT W 30 ACS THEREOF IN EH OF SE SEC 31-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-31-407-011-0000
  • Lot: 1
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5636
  • Longitude: -87.5397

    Address

  • Full Address: 18244 Burnham Ave
  • Address - House Number: 18244
  • Address - Street Name: Burnham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C008
  • 4-Digit Zip Code: 3002
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $385,384
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.258
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 203,431
  • High Value: 255,934
  • Low Value: 150,927

    Market Valuation

  • Market Total Value: $126,000
  • Market Land Value: $34,210
  • Market Improvement Value: $91,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,600
  • Assessed Land Value: $3,421
  • Assessed Improvements Value: $9,179

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1715312047
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:

$215,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1463 ft²

Average Home Age

66.9 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

Unit for rent at 18116 Wildwood Avenue, Lansing, IL, 60438

$2,100 /mo

  • 4 Beds
  • 1 Bath
  • 1,450 ft²
18116 Wildwood Avenue, Lansing, IL, 60438 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Finish Line Realty , Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09509963
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 18244 Burnham Avenue built and last sold?
The property at 18244 Burnham Avenue was built in 1928 and last sold on May 26, 2017 for $125,000.
How much is this home worth?
The estimated value of the home located at 18244 Burnham Avenue is $0.
What are some comparable homes to 18244 Burnham Avenue?
There are currently no comparable homes to 18244 Burnham Avenue.
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