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Lyons 60534
4548 1st Avenue
$89,500
● House - Off Market

4548 1st Avenue

LYONS, IL 60534
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$137,343
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

EXCELLENT INVESTMENT OPPORTUNITY! THIS 3 BED/1 BATH HOME HAS A GREAT LAYOUT AND JUST AWAITS YOUR COSMETIC DESIGN IDEAS. WALK IN TO A LARGE OPEN LIVING AND DINING ROOM WITH GREAT LIGHT FROM LARGE BAY WINDOW AND NICE BUILT IN SHELVING. MAIN FLOOR HAS 2 LARGE SIZE ROOMS AND SINGLE BATH. UPSTAIRS HAS EXTRA ROOM FOR OFFICE/BEDROOM. FURNACE REPLACED IN 2011. VERY CONVENIENT LOCATION FOR COMMUTERS WITH DETACHED 2 CAR GARAGE PARKING. THIS HOME IS BEING SOLD "AS IS" AND WILL NOT LAST AT THIS PRICE!
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$81
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1958

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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 #09592388)

Price History

Date / Event Date Event Price
May 12, 2017 Sold
Premium
Sold
Apr 11, 2017 Listed by Coldwell Banker Residential $85,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • 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: 100
  • 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: 3,480
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWNERS SUBDIVISION
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-02-313-045-0000
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8077
  • Longitude: -87.8345

    Address

  • Full Address: 4548 1st Ave
  • Address - House Number: 4548
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C006
  • 4-Digit Zip Code: 1645
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,386
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 257,129
  • High Value: 315,842
  • Low Value: 198,416

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $20,010
  • Market Improvement Value: $169,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $2,001
  • Assessed Improvements Value: $16,999

    Sales

  • Current Sale Contract Date: Nov 16, 2017
  • Current Sale Recording Date: Nov 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1732608100
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Contract Date: May 01, 2017
  • Previous Sale Amount: $89,500
  • 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:

$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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09592388
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 4548 1st Avenue built and last sold?
The property at 4548 1st Avenue was built in 1958 and last sold on Nov 16, 2017 for $175,000.
How much is this home worth?
The estimated value of the home located at 4548 1st Avenue is $0.
What are some comparable homes to 4548 1st Avenue?
There are currently no comparable homes to 4548 1st Avenue.
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