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Lyons 60534
4231 Elm Avenue
$247,000
● House - Off Market

4231 Elm Avenue

Lyons, IL 60534
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,219 Ft²
$243,007
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Looking for a "MOVE IN CONDITION" maintenance free Split Level, 3 bedroom, 2 full updated bathrooms and spacious eat in kitchen with granite counters? This is the ONE!!!  No need to buy any appliances either as they are staying or replace windows as they are newer.  This home includes even a dishwasher and lower level laundry with washer and dryer, and exterior access.  Newer flooring in the living room and kitchen plus enjoy cozy evenings with the wood & gas burning fireplace in the spacious lower level Family Room.  Partially fenced yard has a detached 2 1/2 car garage and side drive plus a large back yard for you to enjoy. Close to I55, 294 and Brookfield Zoo. Come see this clean home before it is TOO late, as it is priced to sell quickly!  Multiple offers received.  Highest and Best by 6PM on Sunday.
Unit Size
1,219 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$177
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1977

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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 #11156471)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by RE/MAX 10 in the Park $215,919
Listed by RE/MAX 10 in the Park

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 1,219
  • Gross Building Area: 1,219
  • Building Area: 1,219
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,219
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THIRD RIVERSIDE
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (THIRD) (RIVERSIDE) ADD SEC 01-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-01-124-024-0000
  • Lot: 46
  • Meridian: SEC 01 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.814
  • Longitude: -87.8139

    Address

  • Full Address: 4231 Elm Ave
  • Address - House Number: 4231
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C001
  • 4-Digit Zip Code: 1429
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $575,871
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 283,975
  • High Value: 349,726
  • Low Value: 218,224

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $29,900
  • Market Improvement Value: $230,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $2,990
  • Assessed Improvements Value: $23,010

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2129525134
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

0.01%

Average Days on Market

49

Average Home Size

1487 ft²

Average Home Age

67.5 years

Currently For Sale

14 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 6104 S Nashville Avenue, Chicago, IL, 60638

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
6104 S Nashville Avenue, Chicago, IL, 60638 Listing by Dean Chowaniec

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carmen Keslin, RE/MAX 10 in the Park
Last Updated: 3 years ago
Data Source: MRED, MLS# 11156471
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 4231 Elm Avenue built and last sold?
The property at 4231 Elm Avenue was built in 1977 and last sold on Jul 30, 2021 for $247,000.
How much is this home worth?
The estimated value of the home located at 4231 Elm Avenue is $222,022.
What are some comparable homes to 4231 Elm Avenue?
There are currently no comparable homes to 4231 Elm Avenue.
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