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Lansing 60438
3320 191st Street
$207,000
● House - Off Market

3320 191st Street

Lansing, IL 60438
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,150 Ft²
$1,882
Est. Monthly
8.40%
Cap Rate

About This Property

Charming 3 bed, 2 bath home in Lansing featuring hardwood floors as soon as you walk in. The spacious living and dining room area flows into a nicely sized kitchen. Just off the kitchen is a cozy four-seasons room, perfect for morning coffee or afternoon reading. Upstairs offers three bedrooms and a full bath. The lower level includes a comfortable den with fireplace and an additional full bath.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$195
Property Type
House
Property Taxes
$782
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 7,500
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PASQUINELLIS LANSING GREEN
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (PASQUINELLIS) (LANSING) (GREEN) SUB OF S 13ACS OF N 27ACS EX W 215.65FT OF S 260.45FT THEREOF OF PT NW SW SEC 05-35-15

Neighborhood

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

Geography

  • District: 12
  • Parcel: 33-05-303-011-0000
  • Lot: 11
  • Meridian: SEC 05 TWN 35N RNG 15E
  • Municipality: BLOOM
  • Latitude: 41.5487
  • Longitude: -87.5365

    Address

  • Full Address: 3320 191st St
  • Address - House Number: 3320
  • Address - Street Name: 191st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C023
  • 4-Digit Zip Code: 3804
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $799,947
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12030

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 217,401
  • High Value: 274,448
  • Low Value: 160,353

    Market Valuation

  • Market Total Value: $220,010
  • Market Land Value: $37,500
  • Market Improvement Value: $182,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,001
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $18,251

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1831218059
  • Previous Sale Recording Date: Jan 14, 2015
  • Previous Sale Contract Date: Dec 31, 2014
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: 68
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:

$211,500

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1446 ft²

Average Home Age

64 years

Currently For Sale

81 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 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: Michael Scanlon, eXp Realty
Data Source: MRED, MLS# MRD12484428
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 3320 191st Street built and last sold?
The property at 3320 191st Street was built in 1971 and last sold on Oct 25, 2018 for $1,080,500.
How much is this home worth?
The estimated value of the home located at 3320 191st Street is $0.
What are some comparable homes to 3320 191st Street?
There are currently no comparable homes to 3320 191st Street.
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