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Lansing 60438
2965 173rd Place
$210,000
● House - Off Market

2965 173rd Place

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$212,434
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

DONT MISS OUT ON THIS BEAUTIFUL 3 BEDROOM, 2 FULL BATH HOME WITH NEW FLOORING IN DINING ROOM & KITCHEN - OPEN FLOOR PLAN WITH LOTS OF POTENTIAL - 3 SPACIOUS BEDROOMS - ATTACHED 2.5 CAR GARAGE - FINISHED BASEMENT - LAUNDRY ROOM & LOTS OF STORAGE SPACE - LARGE FENCED IN YARD W/SHED. IF YOU WANT AN ORIGINAL LANSING BUILT HOME AND ADD YOUR FINISHING TOUCHES TO IT. FREE HOME WARRANTY FOR 1 YEAR PAID BY THE SELLER!!HOME IS BEING SOLD AS/IS CLIENT WILL NOT BE MAKING ANY REPAIRS!!!!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$175
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1972

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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 #11332975)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
Feb 28, 2022 Listed by eXp Realty, LLC $210,000
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 7,953
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW MANOR
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (LAKEVIEW) (MANOR) SUB OF PT OF SW NE SEC 30-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 827902

Geography

  • District: 37
  • Parcel: 30-30-215-066-0000
  • Lot: 15
  • Meridian: SEC 30 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5802
  • Longitude: -87.5453

    Address

  • Full Address: 2965 173rd Pl
  • Address - House Number: 2965
  • Address - Street Name: 173rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lansing
  • Carrier Code: C024
  • 4-Digit Zip Code: 1203
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $389,208
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 192,483
  • High Value: 241,152
  • Low Value: 143,815

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $31,810
  • Market Improvement Value: $138,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,181
  • Assessed Improvements Value: $13,819

    Sales

  • Current Sale Contract Date: Apr 02, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1247
  • Previous Sale Recording Date: Aug 28, 1996
  • Previous Sale Contract Date: Jul 29, 1996
  • Previous Sale Amount: $126,500
  • 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:

$214,900

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: Bianca Morrison, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11332975
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 2965 173rd Place built and last sold?
The property at 2965 173rd Place was built in 1972 and last sold on Apr 2, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 2965 173rd Place is $0.
What are some comparable homes to 2965 173rd Place?
There are currently no comparable homes to 2965 173rd Place.
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