$159,000
●
Condo -
Off Market
8504 45th Place #2A
Lyons, IL 60534
2 Beds
1 Bath
750 Ft²
$1,272
Est. Monthly
$303
HOA / Fees
9.88%
Cap Rate
About This Property
Beautifully renovated condo in Lyons. This cozy unit has 2 bedrooms
and 1 full bath. Condo completely renovated in 2016 and has
been perfectly maintained since. This unit comes with 1
parking spot #22 and an extra storage locker. Laundry in the
building on ground level. Rentals allowed
Unit Size
750 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
Condo
Property Taxes
$188
HOA Dues
$303
Year Built
-
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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 #12107142)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 14, 2024 | Listed by Fulton Grace Realty | $159,000 | |
| Listed by Fulton Grace Realty | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Fee Simple w/ HO Assn.
Exterior Building Type: Brick
Age: 61-70 Years
Rehab Year: 2024
Rebuilt(Y/N): No
Parcel Number: 18023120201009
Property Type: Residential
Year Built: 1960
No Disability Access
Special Conditions: None
Lot Size Dimensions: 41X87
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $2,253
Utilities Details
Cooling: Window/Wall Unit - 1
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Lyons
Corporate Limits: Lyons
Directions: 1ST AVE. TO 44TH ST TO FRONTAGE ROAD GO SOUTH TO 45TH
County or Parish: Cook
Elementary School District: 103
Middle Or Junior School District: 103
High School District: 201
Other Details
Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger
Association Fee: $303
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 |
|---|---|---|---|---|---|---|---|
|
07/14/2024
|
2 Bed
|
1 Bath
|
750 ft²
|
$159,000
2 Bed
1 Bath
750 ft²
|
$159,000
08/30/2024
|
Nicole Giudice
RE/MAX Destiny
| |
|
09/23/2023
|
2 Bed
|
1 Bath
|
-
|
$135,900
2 Bed
1 Bath
|
$133,000
-2.13%
10/20/2023
|
Emmanuel Nevarez
Midwest SignatureProperties Co
| |
|
06/11/2021
|
1 Bed
|
1 Bath
|
680 ft²
|
$74,900
1 Bed
1 Bath
680 ft²
|
$66,000
-11.88%
12/01/2021
|
Amber Carpenter
Paleos Properties, LLC
| |
|
10/03/2020
|
2 Bed
|
1 Bath
|
-
|
$94,500
2 Bed
1 Bath
|
-
-
|
-
| |
|
06/25/2020
|
1 Bed
|
1 Bath
|
-
|
$79,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/28/2020
|
2 Bed
|
1 Bath
|
-
|
$105,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
12/19/2019
|
1 Bed
|
1 Bath
|
-
|
$62,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/09/2019
|
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
08/21/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
Building Info
About Lyons
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Listed by: Nicole Giudice, Fulton Grace Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12107142
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# 12107142
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