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Lansing 60438
18539 Miller Drive
$205,000
● House - Off Market

18539 Miller Drive

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,878 Ft²
$220,231
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Come on in and stay a while, that's exactly what you'll wanna do when you step into this updated dollhouse.  While this home has been fully remodeled you'll notice all the charming details of this home have been retained, like the original glass door knobs,  sculpted archways and crown molding.  The kitchen is equipped with all stainless steel appliances, tons of counter space and a separate eating space that accommodates a rather large table.  3 bedrooms, 3 full bathrooms and a full finished basement will provide plenty of space for entertainment.   Now let's head out to the backyard oasis!  Beautiful mature trees, stamped concrete walkway and a fully fenced yard make this the place to be as you gather around the fire pit.  Located near parks, schools and downtown Lansing.
Unit Size
1,878 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$106
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11223230)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Sep 18, 2021 Listed by RE/MAX 10 $199,900
Listed by RE/MAX 10

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 1,318
  • Gross Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,318
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHULTZ PARK
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SCHULTZ) (PARK) SUB IN SH SW SEC 32-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-329-007-0000
  • Lot: 29
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5582
  • Longitude: -87.5307

    Address

  • Full Address: 18539 Miller Dr
  • Address - House Number: 18539
  • Address - Street Name: Miller
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lansing
  • Carrier Code: C008
  • 4-Digit Zip Code: 3311
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $458,695
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 162,250
  • High Value: 236,323
  • Low Value: 88,176

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $42,900
  • Market Improvement Value: $117,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $4,290
  • Assessed Improvements Value: $11,710

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2134416070
  • Previous Sale Recording Date: Sep 19, 2016
  • Previous Sale Contract Date: Aug 16, 2016
  • Previous Sale Amount: $142,500
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Paul Osipoff, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11223230
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 18539 Miller Drive built and last sold?
The property at 18539 Miller Drive was built in 1950 and last sold on Oct 29, 2021 for $210,000.
How much is this home worth?
The estimated value of the home located at 18539 Miller Drive is $0.
What are some comparable homes to 18539 Miller Drive?
There are currently no comparable homes to 18539 Miller Drive.
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