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Lansing 60438
18901 Ridgewood Avenue
$255,000
● House - Off Market

18901 Ridgewood Avenue

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,496 Ft²
$1,411
Est. Monthly
7.78%
Cap Rate

About This Property

charming ranch-style home located on a quiet, tree-lined street. With 3 cozy bedrooms and 1.5 baths, this property offers a warm and inviting atmosphere. The hardwood floors throughout add a touch of classic elegance, while the partially finished basement provides additional living and storage space. The home is situated conveniently near local schools and the interstate, making commuting and daily errands a breeze. Outside, you'll find a spacious 2 car detached garage, perfect for parking and extra storage. With tasteful updates throughout, you will definitely want this house to be your home. Schedule a showing today! Seller will include a home warranty.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
$134
HOA Dues
-
Year Built
1964

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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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • 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: 24
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,047
  • Gross Building Area: 1,047
  • Building Area: 1,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD ESTATES UNIT4
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (OAKWOOD)(ESTATES)(UNIT4) SUB OF PT EH WH NE SEC 06-35-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828505

Geography

  • District: 12
  • Parcel: 33-06-211-004-0000
  • Lot: 154
  • Meridian: SEC 06 TWN 35N RNG 15E
  • Municipality: BLOOM
  • Latitude: 41.5521
  • Longitude: -87.5445

    Address

  • Full Address: 18901 Ridgewood Ave
  • Legal Unit: 4
  • Address - House Number: 18901
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C015
  • 4-Digit Zip Code: 3489
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $161,303
  • Tax Rate Code Area: 12030

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 197,977
  • High Value: 243,183
  • Low Value: 152,771

    Market Valuation

  • Market Total Value: $163,100
  • Market Land Value: $31,880
  • Market Improvement Value: $131,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,310
  • Assessed Land Value: $3,188
  • Assessed Improvements Value: $13,122
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:

$214,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1452 ft²

Average Home Age

67.6 years

Currently For Sale

82 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 18116 Wildwood Avenue, Lansing, IL, 60438

$2,100 /mo

  • 4 Beds
  • 1 Bath
  • 1,450 ft²
18116 Wildwood Avenue, Lansing, IL, 60438 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Garrett Horkan, City Gate Real Estate Inc.
Data Source: MRED, MLS# MRD12294670
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 18901 Ridgewood Avenue built and last sold?
The property at 18901 Ridgewood Avenue was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18901 Ridgewood Avenue is $0.
What are some comparable homes to 18901 Ridgewood Avenue?
There are currently no comparable homes to 18901 Ridgewood Avenue.
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