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Lansing 60438
2925 192nd Place
$235,000
● House - Off Market

2925 192nd Place

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,681 Ft²
$1,393
Est. Monthly
7.98%
Cap Rate

About This Property

This unique 3 bed 2 bath ranch has tons to offer future buyers whether you want to move right in or add some of your own finishing touchest.  With some TLC there is potential for some nice equity.  This has comes with whole house back up generator.  Sits on a nice dead road that is close to major roads, local schools and close to the Indiana border.  The giant family room allows for great entertainment space for the holidays.  The partial finished basement offers a large dry bar, laundry room, work shop and plenty room for additional storage.  Come make this your home.
Unit Size
1,681 Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1970

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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 #11923247)

Price History

Date / Event Date Event Price
Dec 12, 2023 Sold
Premium
Sold
Nov 3, 2023 Listed by Listing Leaders Homes & Specialty $235,000
Listed by Listing Leaders Homes & Specialty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 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: 9,052
  • Total Building Area: 1,681
  • Gross Building Area: 1,681
  • Building Area: 1,681
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,681
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD ESTATES UNIT 08
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 12
  • Parcel: 33-06-414-006-0000
  • Lot: 179
  • Meridian: SEC 06 TWN 35N RNG 15E
  • Municipality: BLOOM
  • Latitude: 41.5458
  • Longitude: -87.5454

    Address

  • Full Address: 2925 192nd Pl
  • Address - House Number: 2925
  • Address - Street Name: 192nd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lansing
  • Carrier Code: C020
  • 4-Digit Zip Code: 3727
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,550
  • Tax Rate Code Area: 12030

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 253,419
  • High Value: 317,495
  • Low Value: 189,344

    Market Valuation

  • Market Total Value: $201,760
  • Market Land Value: $45,260
  • Market Improvement Value: $156,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,176
  • Assessed Land Value: $4,526
  • Assessed Improvements Value: $15,650

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13508
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

$153

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1453 ft²

Average Home Age

63.9 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

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MRED

Listed by: Joseph Young, Listing Leaders Homes & Specialty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11923247
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 2925 192nd Place built and last sold?
The property at 2925 192nd Place was built in 1970 and last sold on Dec 11, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 2925 192nd Place is $0.
What are some comparable homes to 2925 192nd Place?
There are currently no comparable homes to 2925 192nd Place.
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