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Lansing 60438
2349 185th Street
$225,000
● House - Off Market

2349 185th Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$204,515
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Home has a great layout and has been refreshed with paint and fresh carpet. Large living area, separate dining area and large kitchen. Property features three large bedrooms, 1.5 baths, finished basement and large backyard. Come check this one out!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$143
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1961

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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 #11400453)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 11, 2022 Listed by Lofty LLC $199,900
Listed by Lofty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 12
  • 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: 8,330
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,363
  • Gross Building Area: 1,363
  • Building Area: 1,363
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,363
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD TO FOREST GLEN
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FIRST) ADD TO (FOREST)(GLEN) SUB SUB OF PT SE SEC 36-36-14

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-36-402-056-0000
  • Lot: 37
  • Meridian: SEC 36 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5592
  • Longitude: -87.5598

    Address

  • Full Address: 2349 185th St
  • Address - House Number: 2349
  • Address - Street Name: 185th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C010
  • 4-Digit Zip Code: 2663
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $853,193
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 191,652
  • High Value: 211,030
  • Low Value: 172,275

    Market Valuation

  • Market Total Value: $220,010
  • Market Land Value: $45,820
  • Market Improvement Value: $174,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,001
  • Assessed Land Value: $4,582
  • Assessed Improvements Value: $17,419

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4068
  • Previous Sale Recording Date: Jul 05, 2012
  • Previous Sale Contract Date: Jun 22, 2012
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 71
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:

$214,950

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1404 ft²

Average Home Age

63.8 years

Currently For Sale

86 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

Rentals Near You

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MRED

Listed by: Anthony Zammitt, Lofty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11400453
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 2349 185th Street built and last sold?
The property at 2349 185th Street was built in 1961 and last sold on Jul 14, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 2349 185th Street is $0.
What are some comparable homes to 2349 185th Street?
There are currently no comparable homes to 2349 185th Street.
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