NOT LISTED FOR SALE

17702 Exchange Ave Lansing, IL 60438

Lansing Area
9 Beds
5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: September 4, 2024

Last sale price $390,000

4 Days on Market

About This Home

As of September 2024

This is a Meticulously maintained 4 Unit building. New Roof 2023, New Parking Lot 2019, New Boiler 2018. Current owner replaced the concrete front & back steps, windows and siding are roughly 10 years old. The interior of the units have various updates including new kitchen cabinets, tile bathrooms & flooring. There are 3 (2bed/1bath) and 1 (3bed/1.5Bath w/ Finished Basement) Units. Market Rent for the regular 2 beds are $1250-$1400 and market rent for the larger 3 bed with basement is $1400-$1800. Landlord pays for boiler heat, common electric, water & garbage. Tenant pays for the their own electric.

Last Agent to Sell the Property

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 07/24/2024

Last Buyer's Agent

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 07/24/2024

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,948

Year Built

  • Built in 1974 | Remodeled in 2018

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x185

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Partial Basement

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $800
  • Fuel Expense $1,800
  • Insurance Expense $3,080
  • Maintenance Expense $1,250
  • Trash Expense $1,300
  • Water Sewer Expense $1,200
  • Gross Income $44,160
  • Net Operating Income $20,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,948

Year Built

Built in 1974 | Remodeled in 2018

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Radiator(s)
  • Water Source: Public

Fee Information

  • Trash Expense: 1300
  • Water Sewer Expenses: 1200
  • Other Expenses $: 975

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 55X185
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 20808
  • Fuel Expense: 1800
  • Insurance Expense: 3080
  • ElectricExpense: 800
  • GrossIncome: 44160
  • Maintenance Expense: 1250
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12947.65
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 3, 2024
Sold by
Stone Rentals Llc
Bought by
Seller's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
Buyer's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Outstanding Balance
$374,490
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2012
Sold by
Firstmerit Bank Na
Bought by
Stone Rentals Llc

Purchase Details

Closed on
Dec 22, 2011
Sold by
Haszto Stephen J
Bought by
Firstmerit Bank Na

Purchase Details

Closed on
Nov 1, 2007
Sold by
Simpson Alexander and Simpson Sandra W
Bought by
Haszto Stephen J and Smith Haszto Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2007
Sold by
Simpson Alexander and Simpson Sandra
Bought by
Haszto Stephen and Haszto Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lansing, IL

  • Kim Odegard Real Estate Agent - eXp Realty, LLC

    Kim Odegard

    eXp Realty, LLC

    (219) 501-5626

    185 Total Sales

    4 in Lansing

    $170K - $297K Price Range

    Kim Odegard
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  • Airel Hermosillo Real Estate Agent - Smart Home Realty

    Airel Hermosillo

    Smart Home Realty

    (630) 761-5132

    273 Total Sales

    1 in Lansing

    $128,900 Price

    Airel Hermosillo
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  • Aleta Outerbridge Real Estate Agent - RE/MAX Professionals Select

    Aleta Outerbridge

    Responds Quickly

    RE/MAX Professionals Select

    (708) 412-5108

    32 Total Sales

    2 in Lansing

    $180K - $320K Price Range

    Aleta Outerbridge
     Section Image
  • George Ayling Real Estate Agent - Select a Fee RE System

    George Ayling

    Select a Fee RE System

    (708) 859-7153

    203 Total Sales

    2 in Lansing

    $142K - $259K Price Range

    George Ayling
     Section Image
  • Jose Morales Real Estate Agent - RE/MAX 10

    Jose Morales

    RE/MAX 10

    (844) 771-7862

    71 Total Sales

    1 in Lansing

    $250,000 Price

    Jose Morales
     Section Image
  • Oscar Arteaga Real Estate Agent - Keller Williams Infinity

    Oscar Arteaga

    Keller Williams Infinity

    (773) 694-4311

    76 Total Sales

    1 in Lansing

    $316,000 Price

    Oscar Arteaga
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 Chicago Title
Stone Rentals Llc $160,000 Git
Firstmerit Bank Na -- None Available
Haszto Stephen J $280,000 None Available
Haszto Stephen $280,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $382,936
Previous Owner Haszto Stephen J $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $390,000 -2.3% --
07/29/2024 07/29/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $399,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,681 $490,593
2024 $10,863 $445,994
2023 $9,771 $399,180 $141,750 $257,430
2022 $5,001 $165,331 $0 $0
2021 $4,504 $172,010 $66,000 $106,010
2020 $4,205 $157,895 $66,000 $91,895
2019 $3,995 $155,363 $61,600 $93,763
2018 $4,254 $112,923 $44,895 $68,028
2017 $2,055 $88,144 $0 $0
2016 $1,977 $61,984 $0 $0
2015 $1,865 $58,024 $0 $0
2014 $1,215 $50,879 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Spangler Real Estate Agent - Horvath & Tremblay IL, LLC

    Seller's Agent in 2024

    Anthony Spangler

    Horvath & Tremblay IL, LLC

    (708) 704-1368

    45 Total Sales

    Anthony Spangler
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12119957

Midwest Real Estate Data (MRED)
Illinois Cook County Lansing 60438

17702 Exchange Ave, Lansing, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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