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Lansing 60438
3524 Randolph Street
$233,000
● House - Off Market

3524 Randolph Street

Lansing, IL 60438
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,154 Ft²
$1,503
Est. Monthly
6.01%
Cap Rate

About This Property

Come visit this lovely home in beautiful Lansing! Spacious two bedroom, two bath! Large living room, eat-in kitchen with stainless steel appliances. Full basement boasts a third bedroom with window and closet, laundry room with washer and dryer, bathroom, family room and bar! Large fully fenced yard. What's not to love? Less than five minutes from the Indiana border where you will find no taxes on food and cheaper gas. Come see this beauty today!
Unit Size
1,154 Ft²
Days on Market
-
Land Size
-
Price per sqft
$191
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1951

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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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,280
  • Total Building Area: 1,154
  • Gross Building Area: 1,154
  • Building Area: 1,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,154
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD TO WENTWORTH MANOR
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FIRST) ADD TO (WENTWORTH)(MANOR) SUB OF EX PT LYING S OF CENTER LINE OF LAKE ST S 1130.6 FT OF EH EH NW SEC 32-36-15

Neighborhood

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

Geography

  • District: 37
  • Parcel: 30-32-121-040-0000
  • Block: 2
  • Lot: 13,14
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5665
  • Longitude: -87.5312

    Address

  • Full Address: 3524 Randolph St
  • Address - House Number: 3524
  • Address - Street Name: Randolph
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C001
  • 4-Digit Zip Code: 3910
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $406,235
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 181,881
  • High Value: 223,412
  • Low Value: 140,350

    Market Valuation

  • Market Total Value: $138,000
  • Market Land Value: $35,190
  • Market Improvement Value: $102,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,800
  • Assessed Land Value: $3,519
  • Assessed Improvements Value: $10,281

    Sales

  • Current Sale Contract Date: Sep 12, 1995
  • Current Sale Recording Date: Sep 19, 1995
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 95627954
  • Previous Sale Recording Date: Sep 19, 1995
  • Previous Sale Contract Date: Sep 12, 1995
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: 71
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:

$210,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1453 ft²

Average Home Age

67.4 years

Currently For Sale

77 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 18324 Burnham Avenue, Lansing, IL, 60438

$1,625 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
18324 Burnham Avenue #2, Lansing, IL, 60438 Listing by Hugo Galicia
Unit for rent at 1253 W Cunningham Drive, Calumet City, IL, 60409

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
1253 W Cunningham Drive #2W, Calumet City, IL, 60409 Listing by Lorin Chaney

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Johnson, Addison Clark Real Estate, LLC
Data Source: MRED, MLS# MRD12336794
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 3524 Randolph Street built and last sold?
The property at 3524 Randolph Street was built in 1951 and last sold on Sep 12, 1995 for $0.
How much is this home worth?
The estimated value of the home located at 3524 Randolph Street is $0.
What are some comparable homes to 3524 Randolph Street?
There are currently no comparable homes to 3524 Randolph Street.
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