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Lansing 60438
3415 Adams Street
$240,000
● House - Off Market

3415 Adams Street

Lansing, IL 60438
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$236,846
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Back on the market - buyer financing fell through. Spacious living awaits you in this custom built home centrally located near shopping and easy access to major roadways. This home sits on a double lot across the street from Coolidge school. Entertainment and family enjoyment are central to this home. A gracious kitchen with vaulted ceilings looks into the family room with cozy fireplace and large dining room with vaulted ceiling. Well thought out design is a key element to this home. Easy maintenance inside and out means more time to enjoy the good life. Set up a showing today to view your new place to call home.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$128
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11254005)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
Oct 22, 2021 Listed by Foley Properties Inc $230,000
Listed by Foley Properties Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • 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: 3,585
  • Total Building Area: 1,471
  • Gross Building Area: 1,471
  • Building Area: 1,471
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,471
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH LANSING
  • Land Acres: 0000000082
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-111-005-0000
  • Block: 6
  • Lot: 5,6
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5699
  • Longitude: -87.5339

    Address

  • Full Address: 3415 Adams St
  • Address - House Number: 3415
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 2356
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $403,834
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 179,788
  • High Value: 220,841
  • Low Value: 138,735

    Market Valuation

  • Market Total Value: $105,000
  • Market Land Value: $15,240
  • Market Improvement Value: $89,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,500
  • Assessed Land Value: $1,524
  • Assessed Improvements Value: $8,976

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2209713057
  • Previous Sale Recording Date: Apr 07, 2022
  • Previous Sale Contract Date: Mar 17, 2022
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 71

    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:

$213,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1455 ft²

Average Home Age

67.2 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: James Foley, Foley Properties Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11254005
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 3415 Adams Street built and last sold?
The property at 3415 Adams Street was built in 2001 and last sold on Mar 17, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 3415 Adams Street is $233,951.
What are some comparable homes to 3415 Adams Street?
There are currently no comparable homes to 3415 Adams Street.
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