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Lyons 60534
3907 Custer Avenue
$280,000
● House - Off Market

3907 Custer Avenue

Lyons, IL 60534
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,518 Ft²
$1,905
Est. Monthly
7.50%
Cap Rate

About This Property

Step into this beautiful traditional home on an oversized lot, full of original charm and character. Featuring hardwood floors under the carpet, stained glassed windows, beautiful moldings and French doors.  3 bedrooms, 2 baths and additional space in a full unfinished and very spacious attic, unfinished basement and crawl space perfect for storage. 2 car garage and huge back yard with gazebo and view to the river. You can literally sit in your backyard and hear the relaxing sound of the water. Located in flood zone. Sold as-is. Buyer to be responsible for Village of Lyons repairs. It is ready for a new owner willing to give it some TLC.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1924

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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

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 12,935
  • Total Building Area: 1,518
  • Gross Building Area: 1,518
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICKERS ADD TO LYONS
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RICKERS) ADD TO (LYONS) PT LYING N OF OGDEN AVE EXCE PT N 628.4 FT OF E 638.9 FT & EXCEPT W 275.4 FT OF N 686.4 FT OF E 914.

Neighborhood

  • School District Name: Lyons School District 103
  • Census Tract: 819200

Geography

  • District: 21
  • Parcel: 18-02-100-017-0000
  • Block: 1
  • Lot: 2
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8201
  • Longitude: -87.8402

    Address

  • Full Address: 3907 Custer Ave
  • Address - House Number: 3907
  • Address - Street Name: Custer
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C004
  • 4-Digit Zip Code: 1017
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $378,285
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 271,994
  • High Value: 334,971
  • Low Value: 209,017

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $74,380
  • Market Improvement Value: $135,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $7,438
  • Assessed Improvements Value: $13,562

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7314
  • Previous Sale Recording Date: Jan 24, 2012
  • Previous Sale Contract Date: Jan 18, 2012
  • Previous Sale Document Type: 27
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 Lyons

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1705 ft²

Average Home Age

75.5 years

Currently For Sale

16 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 9109 Sahler Avenue, Brookfield, IL, 60513

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
9109 Sahler Avenue #3, Brookfield, IL, 60513 Listing by Manuel Torrejon-Regalado
Unit for rent at 4506 Sunnyside Avenue, Brookfield, IL, 60513

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
4506 Sunnyside Avenue #3, Brookfield, IL, 60513 Listing by Debra Myslicki
Unit for rent at 9002 Sheridan Avenue, Brookfield, IL, 60513

$2,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,700 ft²
9002 Sheridan Avenue #3, Brookfield, IL, 60513 Listing by Michael Kevorkian

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lorena Ramirez-Carrillo, YUB Realty Inc
Data Source: MRED, MLS# MRD12297625
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 3907 Custer Avenue built and last sold?
The property at 3907 Custer Avenue was built in 1924 and last sold on Apr 28, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 3907 Custer Avenue is $285,646.
What are some comparable homes to 3907 Custer Avenue?
There are currently no comparable homes to 3907 Custer Avenue.
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