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Lansing 60438
3138 181st Street
$260,000
● House - Off Market

3138 181st Street

Lansing, IL 60438
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
1,854 Ft²
$251,886
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

ALL THE SPACE!  This home is deceivingly large, and the space just goes on and on, inside and out!  Situated on an almost half acre lot, this brick home has 5 bedrooms on 3 levels, an updated kitchen, two full and two half baths, as well as lots of living space. The living room has beautiful natural light, hardwood floors and a fireplace.  The eat-in kitchen has lots of counter space and cabinetry and stainless appliances.  The basement was recently redone with beautiful new tiling as well.  Out back is a large deck in a huge fenced yard, two separate 2+ car garage with additional "party room".  Great location - and did I mention the HUGE yard?  These rare properties move fast - don't wait!  Agents can show for backup, back up offers accepted.
Unit Size
1,854 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$134
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1949

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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 #11351641)

Price History

Date / Event Date Event Price
Jun 23, 2022 Sold
Premium
Sold
Mar 18, 2022 Listed by eXp Realty, LLC $249,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 20,155
  • Total Building Area: 1,854
  • Gross Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,854
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUBDIVISION OF LTS2-3,6-7 & SUBLTS1-
  • Land Acres: 0000000463
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (RESUBDIVISION) OF LTS2-3,6-7 & SUBLTS1-5 OF LTS 4-5 IN LANSING GARDENS SEC 32-36-15

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828100

Geography

  • District: 37
  • Parcel: 30-31-220-020-0000
  • Block: 6
  • Lot: 2,3
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5668
  • Longitude: -87.5402

    Address

  • Full Address: 3138 181st St
  • Address - House Number: 3138
  • Address - Street Name: 181st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 2348
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $630,837
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 259,813
  • High Value: 325,505
  • Low Value: 194,121

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $85,660
  • Market Improvement Value: $124,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $8,566
  • Assessed Improvements Value: $12,434

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6169
  • Previous Sale Recording Date: Mar 07, 2012
  • Previous Sale Contract Date: Feb 13, 2012
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 69
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:

$213,950

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1463 ft²

Average Home Age

64.4 years

Currently For Sale

85 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 17226 Community Street, Lansing, IL, 60438

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,723 ft²
17226 Community Street, Lansing, IL, 60438 Listing by Kimberly Mc Aloon
Unit for rent at 18326 Walter Street, Lansing, IL, 60438

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,623 ft²
18326 Walter Street, Lansing, IL, 60438 Listing by Wesley Thompson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vicki Stevenson, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11351641
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 3138 181st Street built and last sold?
The property at 3138 181st Street was built in 1949 and last sold on Apr 21, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 3138 181st Street is $0.
What are some comparable homes to 3138 181st Street?
There are currently no comparable homes to 3138 181st Street.
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