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Lansing 60438
3239 181st Street
$255,000
● House - Off Market

3239 181st Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,668 Ft²
$1,978
Est. Monthly
5.67%
Cap Rate

About This Property

LOCATION!!!!!!  Just steps to Fox Pointe entertainment center, shopping, and restaurants.  This charming 3 bedroom, 3 bathroom cape cod that features gleaming hardwood floors, stainless steel kitchen, patio with above ground pool and fire pit Wrigley Field ivy along the fence that conveys!  Large fenced back yard with fire pit and pergola.  Detached 3.5 car garage!  Finished basement! Home is in great condition but being sold As-IS.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$153
Property Type
House
Property Taxes
$726
HOA Dues
-
Year Built
1940

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9,549
  • Total Building Area: 1,668
  • Gross Building Area: 1,668
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSING GARDENS
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: PART W2 W2 NW4 SEC32

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-116-033-0000
  • Block: 4
  • Lot: 10
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5663
  • Longitude: -87.5377

    Address

  • Full Address: 3239 181st St
  • Address - House Number: 3239
  • Address - Street Name: 181st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 2333
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $775,281
  • Tax Rate Code Area: 37128

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 234,833
  • High Value: 294,210
  • Low Value: 175,457

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $40,580
  • Market Improvement Value: $139,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $4,058
  • Assessed Improvements Value: $13,942

    Sales

  • Current Sale Contract Date: Aug 07, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2122834064

    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

58

Average Home Size

1409 ft²

Average Home Age

64.5 years

Currently For Sale

88 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 18116 Wildwood Avenue, Lansing, IL, 60438

$2,100 /mo

  • 4 Beds
  • 1 Bath
  • 1,450 ft²
18116 Wildwood Avenue, Lansing, IL, 60438 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julie Jackson, Brokerworks Real Estate Group
Data Source: MRED, MLS# MRD12313067
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 3239 181st Street built and last sold?
The property at 3239 181st Street was built in 1940 and last sold on Aug 7, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 3239 181st Street is $0.
What are some comparable homes to 3239 181st Street?
There are currently no comparable homes to 3239 181st Street.
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