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Lyons 60534
3950 CENTER Avenue
$190,000
● House - Off Market

3950 CENTER Avenue

Lyons, IL 60534
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,036 Ft²
$1,710
Est. Monthly
22.02%
Cap Rate

About This Property

Amazing opportunity to Own your Own very Spacious Home! Good size bedrooms, full basement and a huge 40 X 264 Lot! Selling in As-Is Condition, buyer will need to assume all Village requirements. Property subject to 3 Days First Look Period. Upon the expiration of the First Look Period Seller will negotiate offers. Seller will not turn utilities on. Selling in As-Is Condition. Equal Housing "Everyone deserves the American Dream". A Must Buy! The Seller is requesting Highest & Best by Monday 04/21 at 1:00 PM.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$93
Property Type
House
Property Taxes
$781
HOA Dues
-
Year Built
1979

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,120
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GAGES SUB
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: DAVID A (GAGES) SUB SEC 01-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-01-104-058-0000
  • Lot: 21
  • Meridian: SEC 01 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.819
  • Longitude: -87.8168

    Address

  • Full Address: 3950 Center Ave
  • Address - House Number: 3950
  • Address - Street Name: Center
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C007
  • 4-Digit Zip Code: 1314
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $957,075
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 383,523
  • High Value: 480,258
  • Low Value: 286,788

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $58,190
  • Market Improvement Value: $251,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $5,819
  • Assessed Improvements Value: $25,181
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:

$314,999

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1480 ft²

Average Home Age

67.5 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 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: Gaspar Flores, Su Familia Real Estate Inc
Data Source: MRED, MLS# MRD12339108
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 3950 Center Avenue built and last sold?
The property at 3950 Center Avenue was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3950 Center Avenue is $0.
What are some comparable homes to 3950 Center Avenue?
There are currently no comparable homes to 3950 Center Avenue.
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