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Lyons 60534
3935 Gage Avenue
$287,500
● House - Off Market

3935 Gage Avenue

Lyons, IL 60534
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,231 Ft²
$293,973
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

STUNNING SINGLE FAMILY HOME IN A GREAT LOCATION OF LYONS! MAIN LEVEL OFFERING LIVING ROOM/DINING ROOM COMBO, MASTER BEDROOM, MODERN CABINET KITCHEN, EATING AREA & FULL BATH! SECOND LEVEL OFFERING 3 BEDROOMS & HALF BATH! FULL FINISHED BASEMENT PERFECT FOR ENTERTAINING OFFERING 2 BONUS ROOMS, FAMILY ROOM & LAUNDRY ROOM. COMMUTER FRIENDLY, CLOSE TO SHOPPING, DINING & RECREATION!
Unit Size
1,231 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$236
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1898

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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.

Last updated: 3 years ago (MRED MLS #11283613)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Premium
Sold
Dec 8, 2021 Listed by RE/MAX Partners $289,999
Listed by RE/MAX Partners

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,612
  • Total Building Area: 1,231
  • Gross Building Area: 1,231
  • Building Area: 1,231
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,231
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: SOUTH2 SEC01 PART NE4NW4 S01 T38N R 12E 3P

Neighborhood

  • School District Name: Lyons School District 103
  • Census Tract: 819100

Geography

  • District: 21
  • Parcel: 18-01-106-004-0000
  • Meridian: SEC 01 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8196
  • Longitude: -87.8152

    Address

  • Full Address: 3935 Gage Ave
  • Address - House Number: 3935
  • Address - Street Name: Gage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C007
  • 4-Digit Zip Code: 1403
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $253,130
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 276,226
  • High Value: 304,155
  • Low Value: 248,297

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $38,020
  • Market Improvement Value: $191,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $3,802
  • Assessed Improvements Value: $19,198

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Apr 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2211704047
  • Previous Sale Recording Date: Apr 27, 2022
  • Previous Sale Contract Date: Feb 28, 2022
  • Previous Sale Amount: $287,500
  • 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 Lyons

Stats & Trends

Median Asking:

$312,500

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1489 ft²

Average Home Age

71.8 years

Currently For Sale

19 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 7119 40th Street, Stickney, IL, 60402

$3,650 /mo

  • 4 Beds
  • 3 Baths
  • 2,505 ft²
7119 40th Street, Stickney, IL, 60402 Listing by Soharb Khan
Unit for rent at 4000 Forest Avenue, IL, 60513

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
4000 Forest Avenue #6, IL, 60513 Listing by Brandon Kurdziel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Luis Ortiz, RE/MAX Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11283613
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 3935 Gage Avenue built and last sold?
The property at 3935 Gage Avenue was built in 1898 and last sold on Feb 28, 2022 for $287,500.
How much is this home worth?
The estimated value of the home located at 3935 Gage Avenue is $292,905.
What are some comparable homes to 3935 Gage Avenue?
There are currently no comparable homes to 3935 Gage Avenue.
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