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Lansing 60438
18272 Walter Street
$94,000
● House - Off Market

18272 Walter Street

LANSING, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$152,357
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Lovely Schultz Park Cape Cod. Everywhere you turn there is charm and character, starting with the circular drive and curb appeal. Updated siding roof, gutters, and replacement windows! Walk in and enjoy what's to be your new home. Hardwood floors. Large kitchen. Main floor bedroom. Family room addition that leads to a wonderful fenced back yard. Pool, swings, shed, it's all ready for you to enjoy. 2 car gar with alley access. Plenty of little storage nooks throughout. Nursery on 2nd floor could be 4th bed, closets right across the hall. Don't miss your opportunity to see this one! List price is approved.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$79
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1941

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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 #09178632)

Price History

Date / Event Date Event Price
Jun 29, 2017 Sold
Premium
Sold
Mar 29, 2016 Listed by Century 21 Affiliated $94,900
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • 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: 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: 7,350
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 500
  • Total Building Area: 966
  • Gross Building Area: 966
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 966
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING CENTRAL
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (LANSING)(CENTRAL) SUB EX N 147.5 FT OF E 147.5 FT TH EREOF OF NW SW SEC 32-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-300-044-0000
  • Block: 5
  • Lot: 24
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5627
  • Longitude: -87.5382

    Address

  • Full Address: 18272 Walter St
  • Address - House Number: 18272
  • Address - Street Name: Walter
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C002
  • 4-Digit Zip Code: 3116
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,745
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 183,252
  • High Value: 231,339
  • Low Value: 135,165

    Market Valuation

  • Market Total Value: $140,010
  • Market Land Value: $40,430
  • Market Improvement Value: $99,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,001
  • Assessed Land Value: $4,043
  • Assessed Improvements Value: $9,958

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1719216063
  • Previous Sale Recording Date: Aug 26, 2005
  • Previous Sale Contract Date: Aug 16, 2005
  • Previous Sale Amount: $166,000
  • 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:

$213,000

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1409 ft²

Average Home Age

64.5 years

Currently For Sale

88 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 20067 Orchard Avenue, Lynwood, IL, 60411

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,084 ft²
20067 Orchard Avenue, Lynwood, IL, 60411 Listing by Danny Jaimes
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: , Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 09178632
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 18272 Walter Street built and last sold?
The property at 18272 Walter Street was built in 1941 and last sold on Jun 29, 2017 for $94,000.
How much is this home worth?
The estimated value of the home located at 18272 Walter Street is $0.
What are some comparable homes to 18272 Walter Street?
There are currently no comparable homes to 18272 Walter Street.
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