$224,000

18017 Oakwood Ave Lansing, IL 60438

Estimated payment $1,648/month

Total Views 30,533
3 Beds
1 Bath
1,080 Sq Ft
$207 Price per Sq Ft

Highlights

  • Deck
  • Home Office
  • Stainless Steel Appliances
  • Wood Flooring
  • Sitting Room
  • 2 Car Detached Garage

About This Home

Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

Listing Agent

Kamil Nowakowski

United Real Estate Elite License #471010335 Listed on: 02/25/2025

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,574

Year Renovated

  • 2020

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,574

Year Renovated

2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1080
  • Room Type: Office, Sitting Room, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 224000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Side Apron
  • ParkingTotal: 5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 158

Lot Info

  • Lot Dimensions: 5000
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5574.41
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $5,574 $11,521 $2,125 $9,396
2023 $5,353 $14,000 $2,125 $11,875
2022 $5,353 $8,236 $1,875 $6,361
2021 $5,832 $9,225 $1,875 $7,350
2020 $5,412 $9,225 $1,875 $7,350
2019 $4,421 $7,766 $1,750 $6,016
2018 $5,628 $10,073 $1,750 $8,323
2017 $5,683 $10,073 $1,750 $8,323
2016 $4,834 $8,841 $1,625 $7,216
2015 $4,492 $8,841 $1,625 $7,216
2014 $2,223 $8,841 $1,625 $7,216
2013 $2,509 $10,080 $1,625 $8,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 For Sale $224,000 0.0% $207 / Sq Ft
06/22/2021 06/22/21 Rented -- -- --
06/16/2021 06/16/21 For Rent $1,650 +6.5% --
01/26/2020 01/26/20 Rented $1,550 0.0% --
01/25/2020 01/25/20 For Rent $1,550 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $65,000 First American Title
Special Warranty Deed $70,000 First American Title
Sheriffs Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Construction
Closed $119,000 Future Advance Clause Open End Mortgage
Closed $106,500 Construction
Previous Owner $16,000 Unknown
Previous Owner $96,000 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12298718

Midwest Real Estate Data (MRED)

APN: 30-31-216-005-0000