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Lyons 60534
4540 Hawthorne Avenue
$85,000
● House - Off Market

4540 Hawthorne Avenue

LYONS, IL 60534
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$166,386
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

MULTIPLE OFFERS, PLEASE SUBMIT YOUR H&B. GREAT INVESTMENT OPPORTUNITY FOR THE SEASONED INVESTOR. HOUSE HAS BEEN GUTTED TO THE STUDS AND SALES PRICE WILL INCLUDE ARHITECTURAL PLANS FOR COMPLETE INTERIOR REHAB. LARGE HOUSE. SOLD AS IS. TAXES PRORATED 100%. NO SURVEY. NO TERMITE INSPECTION. BUYERS RESPONSIBLE FOR VILLAGE REQUIREMENTS TO TRANSFER OWNERSHIP. CASH ONLY.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$56
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1929

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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.

Last updated: 3 years ago (MRED MLS #09493100)

Price History

Date / Event Date Event Price
Feb 23, 2017 Sold
Premium
Sold
Feb 2, 2017 Listed by Finish Line Realty , Inc. $99,900
Listed by Finish Line Realty , Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • 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: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 3,750
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEPEKS LAWNDALE
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: R A (CEPEKS)(LAWNDALE) AVE SUB PT OF S 25 ACS OF WH S E SEC 02-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-02-415-012-0000
  • Block: 2
  • Lot: 2
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8079
  • Longitude: -87.8269

    Address

  • Full Address: 4540 Hawthorne Ave
  • Address - House Number: 4540
  • Address - Street Name: Hawthorne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C005
  • 4-Digit Zip Code: 1722
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $779,533
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 341,866
  • High Value: 421,303
  • Low Value: 262,428

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $21,560
  • Market Improvement Value: $178,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $2,156
  • Assessed Improvements Value: $17,844

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1820633217
  • Previous Sale Recording Date: Mar 07, 2017
  • Previous Sale Contract Date: Feb 23, 2017
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

1498 ft²

Average Home Age

71.7 years

Currently For Sale

18 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: , Finish Line Realty , Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09493100
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 4540 Hawthorne Avenue built and last sold?
The property at 4540 Hawthorne Avenue was built in 1929 and last sold on Jul 9, 2018 for $290,000.
How much is this home worth?
The estimated value of the home located at 4540 Hawthorne Avenue is $0.
What are some comparable homes to 4540 Hawthorne Avenue?
There are currently no comparable homes to 4540 Hawthorne Avenue.
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