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Lansing 60438
19043 Burnham Avenue
$138,000
● House - Off Market

19043 Burnham Avenue

Lansing, IL 60438
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$1,210
Est. Monthly
18.48%
Cap Rate

About This Property

Large home on a 3/4 acre lot. Main floor has living, dining and kitchen areas as well as one bedroom and a full bath. Upstairs has 3 additional bedrooms and full bath. Attic space for storage. Full unfinished basement. Front porch and rear deck. 2.5 car garage and long large driveway. Close to I-94 access. Sweat equity or investor opportunity will make this a spectacular home! This is a Fannie Mae Homepath property.    OFFER ACCEPTED PENDING PAPERWORK
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1914

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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

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,559
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 12,700
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000633
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: WEST250 FT S127 FT N377 FT SEC05 NW 4SW4 S05 T35N R15E 3P

Neighborhood

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

Geography

  • District: 12
  • Parcel: 33-05-300-020-0000
  • Meridian: SEC 05 TWN 35N RNG 15E
  • Municipality: BLOOM
  • Latitude: 41.5493
  • Longitude: -87.5388

    Address

  • Full Address: 19043 Burnham Ave
  • Address - House Number: 19043
  • Address - Street Name: Burnham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C023
  • 4-Digit Zip Code: 3605
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $655,632
  • Tax Rate Code Area: 12030

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 249,891
  • High Value: 306,951
  • Low Value: 192,831

    Market Valuation

  • Market Total Value: $237,080
  • Market Land Value: $151,580
  • Market Improvement Value: $85,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,708
  • Assessed Land Value: $15,158
  • Assessed Improvements Value: $8,550

    Sales

  • Current Sale Contract Date: Sep 11, 2006
  • Current Sale Recording Date: Oct 11, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0628402311
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:

$213,950

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1463 ft²

Average Home Age

64.4 years

Currently For Sale

85 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 18326 Walter Street, Lansing, IL, 60438

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,623 ft²
18326 Walter Street, Lansing, IL, 60438 Listing by Wesley Thompson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jack Wolf, RE/MAX 10
Data Source: MRED, MLS# MRD12256042
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 19043 Burnham Avenue built and last sold?
The property at 19043 Burnham Avenue was built in 1914 and last sold on Sep 11, 2006 for $140,000.
How much is this home worth?
The estimated value of the home located at 19043 Burnham Avenue is $0.
What are some comparable homes to 19043 Burnham Avenue?
There are currently no comparable homes to 19043 Burnham Avenue.
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