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Lyons 60534
8705 45th Street
$270,000
● House - Off Market

8705 45th Street

Lyons, IL 60534
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$279,053
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

VERY NICE 3BDRM 2 BATH HOME. OUTSIDE MIGHT BE DECIEVING COMPARED TO THE SIZE OF THE HOME INSIDE!  GREAT SIZE FAMILY ROOM WITH A WOOD BURNING FIREPLACE. NEWER ROOF AND A/C. CENTRAL A/C BUT RADIANT HEAT. NEWER WINDOWS 2018. NICE SIZE KITCHEN WITH ISLAND. HARDWOOD FLOORS IN LIVING ROOM, DINING ROOM & BEDROOMS. CERAMIC TILES IN FAMILY ROOM. SOLD AS-IS.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$180
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
1952

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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 #11428077)

Price History

Date / Event Date Event Price
Aug 8, 2022 Sold
Premium
Sold
Jun 7, 2022 Listed by @properties Christie's International Real Estate $269,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,050
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE ACRES/5TH ADD/H O ST
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-02-307-037-0000
  • Lot: 91
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8095
  • Longitude: -87.838

    Address

  • Full Address: 8705 45th St
  • Address - House Number: 8705
  • Address - Street Name: 45th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lyons
  • Carrier Code: C006
  • 4-Digit Zip Code: 1618
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $512,573
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 270,651
  • High Value: 333,540
  • Low Value: 207,761

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $29,040
  • Market Improvement Value: $180,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $2,904
  • Assessed Improvements Value: $18,096

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49069
  • Previous Sale Recording Date: May 15, 2018
  • Previous Sale Contract Date: Mar 24, 2018
  • Previous Sale Amount: $165,000
  • 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:

$317,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1797 ft²

Average Home Age

77.3 years

Currently For Sale

16 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 8836 Ogden Avenue, Brookfield, IL, 60513

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 2,800 ft²
8836 Ogden Avenue #1, Brookfield, IL, 60513 Listing by Janny Arenas
Unit for rent at 8718 Plainfield Road, Lyons, IL, 60534

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,421 ft²
8718 Plainfield Road, Lyons, IL, 60534 Listing by Karen Guerra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Djuja Pucar, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11428077
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 8705 45th Street built and last sold?
The property at 8705 45th Street was built in 1952 and last sold on Jul 18, 2022 for $270,000.
How much is this home worth?
The estimated value of the home located at 8705 45th Street is $275,982.
What are some comparable homes to 8705 45th Street?
There are currently no comparable homes to 8705 45th Street.
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