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Lansing 60438
18317 Roy Street
$253,500
● House - Off Market

18317 Roy Street

Lansing, IL 60438
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$248,600
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Simply amazing home that has fantastic updates! Freshly painted throughout with new engineered wood floors on the first floor and refinished hardwood floors on the upper level. Excellent open floor plan with light filled rooms. The enclosed front porch leads to the living and dining rooms that open to the large kitchen plus a main floor bedroom and a full bath! 4 true bedrooms on the upper level with one bedroom accessing the roof top deck overlooking the backyard. The lower level is partially finished with a large utility area, den and spacious storage areas. The generous backyard leads to the 2 car garage which has an oversized driveway that can hold 8 cars! Mechanicals also updated with newer siding, windows, roof and both furnaces and ac units! Truly move in condition!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
-
Price per sqft
$172
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1918

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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 #11829847)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 12, 2023 Listed by Compass $250,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 8,550
  • Total Building Area: 1,456
  • Gross Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING CENTRAL
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • 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: 30-32-312-022-0000
  • Block: 9
  • Lot: 1
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5615
  • Longitude: -87.5362

    Address

  • Full Address: 18317 Roy St
  • Address - House Number: 18317
  • Address - Street Name: Roy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C002
  • 4-Digit Zip Code: 3227
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $465,053
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 219,534
  • High Value: 275,042
  • Low Value: 164,026

    Market Valuation

  • Market Total Value: $170,010
  • Market Land Value: $47,030
  • Market Improvement Value: $122,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,001
  • Assessed Land Value: $4,703
  • Assessed Improvements Value: $12,298

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13155
  • Previous Sale Recording Date: Aug 23, 2001
  • Previous Sale Contract Date: Aug 13, 2001
  • Previous Sale Amount: $138,000
  • 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

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1464 ft²

Average Home Age

64.4 years

Currently For Sale

79 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: Ron Ehlers, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11829847
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 18317 Roy Street built and last sold?
The property at 18317 Roy Street was built in 1918 and last sold on Aug 18, 2023 for $253,500.
How much is this home worth?
The estimated value of the home located at 18317 Roy Street is $0.
What are some comparable homes to 18317 Roy Street?
There are currently no comparable homes to 18317 Roy Street.
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