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Lansing 60438
18455 School Street
$115,000
● House - Off Market

18455 School Street

LANSING, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,145 Ft²
$174,169
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Super clean 3 bedroom ranch on beautiful corner lot, with many updates. Newer roof, siding, windows, doors, soffits, & gutters make the exterior virtually maintenance free. Interior of the home has newer laminate floors, 2 full baths that are both updated, large bedrooms, main floor laundry with large pantry & tub. Attached garage is insulated and drywalled. Home is very clean and shows very nice, all sitting on a well landscaped corner lot that is fully fenced.
Unit Size
1,145 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$100
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1969

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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 #09852713)

Price History

Date / Event Date Event Price
Jun 9, 2018 Sold
Premium
Sold
Feb 7, 2018 Listed by T.J. Boyle Real Estate $114,900
Listed by T.J. Boyle Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,389
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,145
  • Gross Building Area: 1,145
  • Building Area: 1,145
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,145
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD GARDENS
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RIDGEWOOD)(GARDENS) SUB OF WH OF SE EXCEPT NW & G T RR WH SE SEC 31-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828202

Geography

  • District: 37
  • Parcel: 30-31-416-024-0000
  • Block: 12
  • Lot: 6
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5595
  • Longitude: -87.5486

    Address

  • Full Address: 18455 School St
  • Address - House Number: 18455
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C013
  • 4-Digit Zip Code: 2915
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $431,576
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 184,472
  • High Value: 232,878
  • Low Value: 136,065

    Market Valuation

  • Market Total Value: $149,000
  • Market Land Value: $27,150
  • Market Improvement Value: $121,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,900
  • Assessed Land Value: $2,715
  • Assessed Improvements Value: $12,185

    Sales

  • Current Sale Contract Date: Jun 04, 2018
  • Current Sale Recording Date: Jun 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1817108131
  • Previous Sale Recording Date: May 08, 1997
  • Previous Sale Contract Date: May 02, 1997
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$211,500

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1446 ft²

Average Home Age

64 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

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MRED

Listed by: Vincent Boyle, T.J. Boyle Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09852713
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 18455 School Street built and last sold?
The property at 18455 School Street was built in 1969 and last sold on Jun 4, 2018 for $115,000.
How much is this home worth?
The estimated value of the home located at 18455 School Street is $0.
What are some comparable homes to 18455 School Street?
There are currently no comparable homes to 18455 School Street.
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