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Lansing 60438
3526 LAKE Street
$83,470
● House - Off Market

3526 LAKE Street

LANSING, IL 60438
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
$160,894
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

ESTATE-RECENT TUCKPOINTING, FIREPLACE & OPEN STAIRCAE TO SECOND FLOOR. 2 LOTS, LARGE BACK YARD. GUEST CLOSET, LINEN CLOSET, CAPE COD WITH DORMER. LOT SIZE NOT VERIFIED.LARGE REAR PORCH & BREEZWAY CONVENIENT TO RIGE ROAD SHOPPING AND TRANSPORTATION. NO DISCLOSUREWOOD FLOORS ! FORCLOSER. SOLD AS IS. GREAT INVESTMENT ! BETTER HURRY!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
1939

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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

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,520
  • Total Building Area: 1,230
  • Gross Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,230
  • 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: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • 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: 30-32-123-022-0000
  • Block: 3
  • Lot: 14
  • Meridian: SEC 32 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5655
  • Longitude: -87.5312

    Address

  • Full Address: 3526 Lake St
  • Address - House Number: 3526
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 3904
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,465
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37128

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 200,968
  • High Value: 221,287
  • Low Value: 180,648

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $23,460
  • Market Improvement Value: $96,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,346
  • Assessed Improvements Value: $9,654

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34121
  • Previous Sale Recording Date: Dec 21, 2006
  • Previous Sale Contract Date: Nov 29, 2006
  • Previous Sale Document Type: 42
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

1436 ft²

Average Home Age

66.3 years

Currently For Sale

84 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 18006 Wentworth Madison Avenue, Lansing, IL, 60438

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,900 ft²
18006 Wentworth Madison Avenue #3553, Lansing, IL, 60438 Listing by Michael Fisher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Leslie Hobbs, Century 21 Affiliated
Data Source: MRED, MLS# MRD06353941
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 3526 Lake Street built and last sold?
The property at 3526 Lake Street was built in 1939 and last sold on Aug 31, 2023 for $205,000.
How much is this home worth?
The estimated value of the home located at 3526 Lake Street is $209,200.
What are some comparable homes to 3526 Lake Street?
There are currently no comparable homes to 3526 Lake Street.
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