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Lansing 60438
2718 178th Street
$190,000
● House - Off Market

2718 178th Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,221 Ft²
$195,792
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This amazing single family home just hit the market. this home has been fully rehabbed with new windows, plumbing, electric, bathroom, kitchen, appliances, and more! This home features 3 bedrooms, 1 bathroom, living room, kitchen, basement, 2 car garage, driveway, and a good size backyard. Call your local agent to schedule a private tour today. This gorgeous home will not last long on the market
Unit Size
1,221 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$156
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1954

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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 #11651281)

Price History

Date / Event Date Event Price
Mar 6, 2023 Sold
Premium
Sold
Oct 12, 2022 Listed by Extreme Realty LLC $190,000
Listed by Extreme Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • 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: 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: 6,400
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,221
  • Gross Building Area: 1,221
  • Building Area: 1,221
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,221
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TORRENCE SCHOOL
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (TORRENCE)(SCHOOL) ADD SUB OF SH SH SW SEC 30-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828000

Geography

  • District: 37
  • Parcel: 30-30-313-048-0000
  • Block: 7,7
  • Lot: 19,18
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5723
  • Longitude: -87.5508

    Address

  • Full Address: 2718 178th St
  • Address - House Number: 2718
  • Address - Street Name: 178th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C016
  • 4-Digit Zip Code: 1807
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $324,944
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 194,014
  • High Value: 213,630
  • Low Value: 174,397

    Market Valuation

  • Market Total Value: $113,000
  • Market Land Value: $27,200
  • Market Improvement Value: $85,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,300
  • Assessed Land Value: $2,720
  • Assessed Improvements Value: $8,580

    Sales

  • Current Sale Contract Date: Feb 09, 2023
  • Current Sale Recording Date: Mar 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33207
  • Previous Sale Recording Date: Feb 10, 2017
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Amount: $41,500
  • Previous Sale Document Type: 68
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:

$214,900

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1464 ft²

Average Home Age

64.4 years

Currently For Sale

79 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 400 Park Avenue, Calumet City, IL, 60409

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
400 Park Avenue #618, Calumet City, IL, 60409 Listing by Chevette Randle El

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Emmanuel Nevarez, Extreme Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11651281
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 2718 178th Street built and last sold?
The property at 2718 178th Street was built in 1954 and last sold on Feb 9, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 2718 178th Street is $0.
What are some comparable homes to 2718 178th Street?
There are currently no comparable homes to 2718 178th Street.
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