$156,000
●
Condo -
Off Market
7336 40th Street #4E
Lyons, IL 60534
2 Beds
2 Baths
$173,924
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
This sun drenched 2 bedroom, 2 bath condo is ready for a new owner!
The elevator buildings offers a spacious kitchen and open concept
living/dining area. Enjoy a great sized balcony steps for added
relaxation. Inside the unit, you will find plenty of storage and
washer dryer just off the hallway. The true master suite features a
full bath and a walk in closet. The guest bedroom also has
plenty of closet space and the guest bath is directly across the
hallway. Storage unit located in basement. Exterior spot included.
Photos of similar unit.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$168
HOA Dues
$255
Year Built
-
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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 #11432819)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Jun 12, 2022 | Listed by Coldwell Banker Realty | $170,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Elevator
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Elevator, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms: 5
Basement: Partial
Basement Description: Unfinished
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 16-20 Years
Rebuilt(Y/N): No
Parcel Number: 18012030471083
Property Type: Residential
Year Built: 2006
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $2,019
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Electric
Sewer : Public Sewer
Location Details
Township: Lyons
Corporate Limits: Lyons
Directions: HARLEM AVE TO 40th, WEST TO HAAS, then north to 7336 40th STREET
County or Parish: Cook
Elementary School District: 103
Middle Or Junior School District: 103
High School District: 201
Other Details
Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $255
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$159,900
2 Bed
2 Bath
1000 ft²
|
$145,000
-9.32%
12/30/2022
|
Josue Duarte
Duarte Realty Company
| |
|
06/12/2022
|
2 Bed
|
2 Bath
|
-
|
$170,000
2 Bed
2 Bath
|
$156,000
-8.24%
07/14/2022
|
Pedro Castaneda
Coldwell Banker Realty
| |
|
03/15/2008
|
2 Bed
|
2 Bath
|
922 ft²
|
$142,800
2 Bed
2 Bath
922 ft²
|
$136,275
-4.57%
10/24/2008
|
Maura Murphy, CSC
@properties Christie's International Real Estate
|
Building Info
About Lyons
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Listed by: Pedro Castaneda, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11432819
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11432819
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