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Lyons 60534
8645 45th Place
$287,000
● House - Off Market

8645 45th Place

Lyons, IL 60534
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,100 Ft²
$325,802
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Why rent when you can buy this beautifully updated home?   Home boast nicely refinished hardwood floors.  Large living and dining area for entertaining. Kitchen with plenty of cabinet space, stone counter and stainless appliances leads to a lovely outdoor deck via sliding doors. 2 full baths and 3  bedrooms.   2 car garage.  Shed is tucked in a nicely landscaped back yard.   Please text listing agent at lease 3 hours in advance for any showings.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$261
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1955

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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 #11176635)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 2, 2021 Listed by @properties $287,000
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,922
  • Total Building Area: 1,016
  • Gross Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONE & COMPANY EIGHTH ADD TO LYONS
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: H O (STONE) & COMPANY (EIGHTH) ADD TO (LYONS) SEC 02-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-02-310-036-0000
  • Lot: 22
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8086
  • Longitude: -87.8375

    Address

  • Full Address: 8645 45th Pl
  • Address - House Number: 8645
  • Address - Street Name: 45th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lyons
  • Carrier Code: C006
  • 4-Digit Zip Code: 1652
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $467,814
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 280,177
  • High Value: 308,505
  • Low Value: 251,849

    Market Valuation

  • Market Total Value: $254,050
  • Market Land Value: $34,050
  • Market Improvement Value: $220,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,405
  • Assessed Land Value: $3,405
  • Assessed Improvements Value: $22,000

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2201933515
  • Previous Sale Recording Date: Sep 10, 2003
  • Previous Sale Contract Date: Aug 28, 2003
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: 28

    Financing

  • First Mortgage Financing Type: FIX
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 516 S La Grange Road, La Grange, IL, 60525

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
516 S La Grange Road #1, La Grange, IL, 60525 Listing by Jordan Zwiezen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Violeta Jako-Ostojic, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11176635
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 8645 45th Place built and last sold?
The property at 8645 45th Place was built in 1955 and last sold on Sep 29, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 8645 45th Place is $288,775.
What are some comparable homes to 8645 45th Place?
There are currently no comparable homes to 8645 45th Place.
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