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Lyons 60534
4628 1st Avenue
$195,000
● House - Off Market

4628 1st Avenue

Lyons, IL 60534
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$1,311
Est. Monthly
9.75%
Cap Rate

About This Property

Situated in the highly sought after Lyons Township School district, this charming, quaint tri level offers an expansive floor plan with tons of long term equity potential and should not be overlooked! The home is in an ideal location and as you enter you will appreciate the layout. The living room offers tons of natural sunlight with the eastern exposure, there is a nice sized dining room which leads to the kitchen! Can easily open the wall up to create an open layout. There are two bedrooms on the main level with a third on the second level. This home offers a good basement space with washer/dryer, fenced yard and 2 car garage. The home needs some minor updates but at this value there is tons of equity upside, the location is ideal being close to I-55, metra and in a desirable school district.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1959

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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 SUB
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (OWNERS) SUB OF SW SEC & LTS8-12,17-21 IN H O STONE & COS EIGHTH ADD IN SEC 02-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-02-313-057-0000
  • Lot: 8-12
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8067
  • Longitude: -87.8343

    Address

  • Full Address: 4628 1st Ave
  • Address - House Number: 4628
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C006
  • 4-Digit Zip Code: 1636
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $168,198
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 257,539
  • High Value: 316,345
  • Low Value: 198,732

    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: Apr 28, 2000
  • Current Sale Recording Date: May 03, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00311824
  • Previous Sale Recording Date: Jun 26, 1996
  • Previous Sale Contract Date: May 31, 1996
  • Previous Sale Amount: $103,500
  • 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

$220

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1752 ft²

Average Home Age

75.5 years

Currently For Sale

15 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

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MRED

Listed by: Ryan Smith, RE/MAX Premier
Data Source: MRED, MLS# MRD12394222
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 4628 1st Avenue built and last sold?
The property at 4628 1st Avenue was built in 1959 and last sold on Apr 28, 2000 for $118,000.
How much is this home worth?
The estimated value of the home located at 4628 1st Avenue is $0.
What are some comparable homes to 4628 1st Avenue?
There are currently no comparable homes to 4628 1st Avenue.
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