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Lansing 60438
2937 191st Place
$176,000
● House - Off Market

2937 191st Place

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,373 Ft²
$213,817
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Beautifully maintained single family! Open and spacious! Gorgeous hardwood floors, highly desirable kitchen with granite countertops, striking oak cabinets and all stainless steel appliances! Freshly painted all throughout! Attractive landscaping all around, fenced in backyard with deck and attached garage! This is a must see! Great location in Lansing- not far from all accommodations including schools, parks, shops, dining and more!     Thank you
Unit Size
1,373 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$116
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1968

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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 #10744687)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Jun 12, 2020 Listed by Grandview Realty, LLC $159,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,700
  • Total Building Area: 1,373
  • Gross Building Area: 1,373
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD ESTATES UNIT NO 7
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

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

Geography

  • District: 12
  • Parcel: 33-06-410-004-0000
  • Meridian: SEC 06 TWN 35N RNG 15E
  • Municipality: BLOOM
  • Latitude: 41.5476
  • Longitude: -87.545

    Address

  • Full Address: 2937 191st Pl
  • Address - House Number: 2937
  • Address - Street Name: 191st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lansing
  • Carrier Code: C020
  • 4-Digit Zip Code: 3711
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $460,173
  • Tax Rate Code Area: 12030

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 236,871
  • High Value: 296,762
  • Low Value: 176,979

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $43,500
  • Market Improvement Value: $196,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,350
  • Assessed Improvements Value: $19,650

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2034562058
  • Previous Sale Recording Date: Jun 24, 2020
  • Previous Sale Contract Date: May 14, 2020
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

$154

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1441 ft²

Average Home Age

64.3 years

Currently For Sale

91 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: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 10744687
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 2937 191st Place built and last sold?
The property at 2937 191st Place was built in 1968 and last sold on Sep 29, 2020 for $176,000.
How much is this home worth?
The estimated value of the home located at 2937 191st Place is $0.
What are some comparable homes to 2937 191st Place?
There are currently no comparable homes to 2937 191st Place.
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