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Lansing 60438
18436 Illi Indi Drive
$250,000
● House - Off Market

18436 Illi Indi Drive

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,324 Ft²
$258,444
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Adorable 3 bedroom 2 bath home with spacious attached 2 car garage.  Brand new water heater and furnace.  Fenced in backyard with a dog kennel already there for Fido! This home sits on a quiet street in a Cul De Saq.  Near all the local schools, retail and the in-coming South Shore Train line.  Seller offering Home Warranty of up to $500.  Definitely a must see! (Taxes do not reflect any exemptions. Once exemptions are applied taxes will be much lower)
Unit Size
1,324 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1978

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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 #11782136)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
May 12, 2023 Listed by Better Homes & Gardens Real Estate $259,900
Listed by Better Homes & Gardens Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,861
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DYKSTRAS FERNWOOD EAST ESTATES UNIT2
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (DYKSTRAS) (FERNWOOD) EAST ESTATES (UNIT2) SUB OF PT OF SE SEC 32-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-403-079-0000
  • Lot: 55
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5597
  • Longitude: -87.5284

    Address

  • Full Address: 18436 Illi Indi Dr
  • Legal Unit: 2
  • Address - House Number: 18436
  • Address - Street Name: Illi Indi
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lansing
  • Carrier Code: C002
  • 4-Digit Zip Code: 3302
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $907,410
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 259,309
  • High Value: 285,527
  • Low Value: 233,091

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $37,740
  • Market Improvement Value: $182,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $3,774
  • Assessed Improvements Value: $18,226

    Sales

  • Current Sale Contract Date: Sep 18, 2003
  • Current Sale Recording Date: Oct 07, 2003
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0328029077

    Financing

  • First Mortgage Financing Type: ADJ
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

1416 ft²

Average Home Age

64.3 years

Currently For Sale

89 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: Mercedes Pomales, Better Homes & Gardens Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11782136
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 18436 Illi-Indi Drive built and last sold?
The property at 18436 Illi-Indi Drive was built in 1978 and last sold on Sep 18, 2003 for $0.
How much is this home worth?
The estimated value of the home located at 18436 Illi-Indi Drive is $0.
What are some comparable homes to 18436 Illi-Indi Drive?
There are currently no comparable homes to 18436 Illi-Indi Drive.
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