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Lansing 60438
3024 181st Street
$86,000
● House - Off Market

3024 181st Street

LANSING, IL 60438
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$141,924
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Cute three bedroom ranch on an oversized lot near downtown Lansing is looking for a new owner. Close to everything you might need, schools, shopping, transportation and parks. Living room and Dining room have hardwood floors, great windows and gas fireplace with brick hearth. Bedrooms with hardwood flooring under carpets. Eat-in kitchen has miles of white cabinets. Windows have been replaced .Basement finished in vintage '50's era style.Fantastic yard space to make the area private, have a garden, expand the current home..let your imagination go free. This is an Estate Sale being Sold as-is. Please note there are multiple pins.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
-
Price per sqft
$76
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1953

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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 #09674352)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jun 28, 2017 Listed by Baird & Warner $89,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,328
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING PARK
  • Land Acres: 0000000076
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-31-218-045-0000
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5667
  • Longitude: -87.5433

    Address

  • Full Address: 3024 181st St
  • Address - House Number: 3024
  • Address - Street Name: 181st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C016
  • 4-Digit Zip Code: 2229
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $224,602
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 143,869
  • High Value: 176,044
  • Low Value: 111,695

    Market Valuation

  • Market Total Value: $51,670
  • Market Land Value: $12,480
  • Market Improvement Value: $39,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,167
  • Assessed Land Value: $1,248
  • Assessed Improvements Value: $3,919

    Sales

  • Current Sale Contract Date: Aug 08, 2017
  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1724346127

    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:

$215,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1400 ft²

Average Home Age

62.9 years

Currently For Sale

83 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: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09674352
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 3024 181st Street built and last sold?
The property at 3024 181st Street was built in 1953 and last sold on Aug 8, 2017 for $86,000.
How much is this home worth?
The estimated value of the home located at 3024 181st Street is $0.
What are some comparable homes to 3024 181st Street?
There are currently no comparable homes to 3024 181st Street.
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