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Lansing 60438
18302 Roy Street
$200,000
● House - Off Market

18302 Roy Street

Lansing, IL 60438
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,254 Ft²
$1,635
Est. Monthly
15.49%
Cap Rate

About This Property

This well-maintained 4 bed, 1.5 bath home features new vinyl siding, newer windows, furnace, and A/C for peace of mind and energy efficiency. Spacious layout with plenty of natural light, a comfortable main living area, and generously sized bedrooms. Located in the desirable Schultz Park neighborhood, close to parks, schools, shopping, and transportation. Move-in ready with updates already done-perfect for a growing family or anyone seeking comfort and convenience!
Unit Size
1,254 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
$628
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,254
  • Gross Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,254
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING CENTRAL
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-311-010-0000
  • Block: 8
  • Lot: 2
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.562
  • Longitude: -87.5368

    Address

  • Full Address: 18302 Roy St
  • Address - House Number: 18302
  • Address - Street Name: Roy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C002
  • 4-Digit Zip Code: 3228
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $667,003
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 196,252
  • High Value: 241,064
  • Low Value: 151,439

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $41,250
  • Market Improvement Value: $118,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $4,125
  • Assessed Improvements Value: $11,875

    Sales

  • Current Sale Contract Date: Aug 24, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1826834030
  • Previous Sale Recording Date: Oct 24, 2017
  • Previous Sale Contract Date: Sep 25, 2017
  • Previous Sale Amount: $32,730
  • Previous Sale Document Type: 64
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:

$213,950

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1446 ft²

Average Home Age

64.3 years

Currently For Sale

80 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

Rentals Near You

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MRED

Listed by: Mark Goodman, Home First Realty Inc
Data Source: MRED, MLS# MRD12479517
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 18302 Roy Street built and last sold?
The property at 18302 Roy Street was built in 1941 and last sold on Aug 24, 2018 for $84,001.
How much is this home worth?
The estimated value of the home located at 18302 Roy Street is $0.
What are some comparable homes to 18302 Roy Street?
There are currently no comparable homes to 18302 Roy Street.
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