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Lyons 60534
7922 46th Street
$321,000
● House - Off Market

7922 46th Street

Lyons, IL 60534
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$320,537
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This spacious four bedroom home offers plenty of room for everyone. Whether entertaining, working, playing, or just relaxing - this home has it all! Featuring two primary bedrooms, each with its own huge walk-in closet! 3rd and 4th bedrooms are perfect for family, guests, or flex-space. The oversized party room and attached three-season room are drenched in natural light. Large deck, yard and above-ground pool. Detached, two car garage with upstairs workspace. Lots of extra parking! Corner lot conveniently located close to highways, shopping, schools, parks, hospitals, and entertainment.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1950

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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 #11776274)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
May 10, 2023 Listed by @properties Christie's International Real Estate $320,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,388
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,993
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,993
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE ACRES
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (RIVERSIDE)(ACRES) SUB OF SEC 01-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-01-319-022-0000
  • Lot: 38
  • Meridian: SEC 01 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8075
  • Longitude: -87.819

    Address

  • Full Address: 7922 46th St
  • Address - House Number: 7922
  • Address - Street Name: 46th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lyons
  • Carrier Code: C005
  • 4-Digit Zip Code: 1825
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $509,292
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 323,520
  • High Value: 398,694
  • Low Value: 248,345

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $42,480
  • Market Improvement Value: $227,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,248
  • Assessed Improvements Value: $22,752

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45246
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

$218

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1405 ft²

Average Home Age

62.9 years

Currently For Sale

13 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: Jason Hinsley, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11776274
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 7922 46th Street built and last sold?
The property at 7922 46th Street was built in 1950 and last sold on Jun 15, 2023 for $321,000.
How much is this home worth?
The estimated value of the home located at 7922 46th Street is $0.
What are some comparable homes to 7922 46th Street?
There are currently no comparable homes to 7922 46th Street.
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