NOT LISTED FOR SALE

18062 Exchange Ave Lansing, IL 60438

Estimated Value: $217,752 - $227,000

4 Beds
2 Baths
1,529 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $126,000 $82 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,657/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Detached Garage
  • Forced Air Heating System

About This Home

As of April 2015

Big & Beautiful 4 bedroom brick cape cod, hardwood floors, full basement & garage on a great Lansing block. Currently being fully redeveloped.

Last Agent to Sell the Property

John Gutman

Gutman Real Estate License #471018492 Listed on: 03/13/2015

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,419

Year Built

  • 1956

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,419

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X11, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level
  • Bedroom 2: Dimensions: 19X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level
  • Bedroom 4: Dimensions: 11X9, On Level: Main Level
  • Estimated Sq Ft: 1529

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1413

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 215
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 6156
  • Parcel Identification Number: 30311150700000

Tax Info

  • Taxes: 3174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Chi 2 Sf Llc
Bought by
Cerberus Sfr Holdings Ii Lp
Current Estimated Value
$221,438

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 24, 2015
Sold by
Mack Industries V Llc
Bought by
Chi 2 Sf Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$145,000
Sold Price
$126,000
Premium/Discount to List
-$19,000
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$0
Interest Rate
3.77%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Mar 13, 2015
Closed on
Mar 19, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Mack Industries V Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$145,000
Sold Price
$126,000
Premium/Discount to List
-$19,000
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.77%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 17, 2015
Sold by
Mack Industries Ii Llc
Bought by
Chicago Title Land Trust Company and Trust #8002361677
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Sally Crachy
Applebrook Realty, Inc.
List Price
$54,900
Sold Price
$47,600
Premium/Discount to List
-$7,300
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.77%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jan 12, 2015
Sold by
U S Bank National Association
Bought by
Mack Industries Ii Llc
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Sally Crachy
Applebrook Realty, Inc.
List Price
$54,900
Sold Price
$47,600
Premium/Discount to List
-$7,300
-13.3%

Purchase Details

Closed on
May 10, 2014
Sold by
Stephenson Shanethra L and Davis Shanethra L
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 30, 2006
Sold by
Cook Jacqueline
Bought by
Stephenson Shanethra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 1997
Sold by
Sabo Roy L and Sabo Mary T
Bought by
Cook Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.54%

Purchase Details

Closed on
Apr 12, 1996
Sold by
Meekma James
Bought by
Sabo Roy L and Sabo Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,794
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 1995
Sold by
Jung David W and Jung Judy A
Bought by
Meekma James
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cerberus Sfr Holdings Ii Lp $1,518,500 Os National Llc
Chi 2 Sf Llc $126,000 Fidelity National Title
Mack Industries V Llc -- Chicago Title Land Trust Co
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Mack Industries Ii Llc $48,000 None Available
U S Bank National Association -- None Available
Stephenson Shanethra L $165,000 Lawyers
Stephenson Shanethra L $165,000 Lawyers
Cook Jacqueline $80,666 Attorneys Natl Title Network
Sabo Roy L $109,500 --
Meekma James $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr C1 Lp $2,069,055
Previous Owner Chi 2 Sf Llc $225,000,000
Previous Owner Mack Industries V Llc $0
Previous Owner Stephenson Shanethra L $131,750
Previous Owner Stephenson Shanethra L $32,900
Previous Owner Cook Jacqueline $57,000
Previous Owner Cook Jacqueline $70,000
Previous Owner Sabo Roy L $108,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $126,000 -13.1% $82 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $145,000 +204.6% $95 / Sq Ft
02/18/2015 02/18/15 Sold $47,600 -13.3% $57 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $54,900 -- $66 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $5,419 $11,200 $2,616 $8,584
2023 $5,042 $11,200 $2,616 $8,584
2022 $5,042 $7,759 $2,309 $5,450
2021 $4,904 $7,758 $2,308 $5,450
2020 $4,552 $7,758 $2,308 $5,450
2019 $4,143 $7,277 $2,154 $5,123
2018 $4,066 $7,277 $2,154 $5,123
2017 $2,201 $7,277 $2,154 $5,123
2016 $3,016 $8,013 $2,000 $6,013
2015 $2,738 $8,013 $2,000 $6,013
2014 $2,728 $8,013 $2,000 $6,013
2013 -- $9,678 $2,000 $7,678
Source: Public Records

Agents Affiliated with this Home

  • John Gutman

    Seller's Agent in 2015

    John Gutman

    Gutman Real Estate

    (312) 925-0024

    3 in this area

    67 Total Sales

    John Gutman
    Section Image

  • G

    Seller's Agent in 2015

    Gary Weglarz

    Applebrook Realty, Inc.

    (773) 779-8500

    6 in this area

    412 Total Sales

    Gary Weglarz
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Michael Looney

    Michael Looney

  • S

    Buyer's Agent in 2015

    Sally Crachy

    Applebrook Realty, Inc.

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08860822

Midwest Real Estate Data (MRED)

APN: 30-31-115-070-0000

Illinois Cook County Lansing 60438

18062 Exchange Ave, Lansing, IL

This home is located at 18062 Exchange Ave, Lansing, IL 60438 since 13 March 2015 and is currently estimated at $221,438, approximately $144 per square foot. This property was built in 1956. 18062 Exchange Ave is a home located in Cook County with nearby schools including Oak Glen Elementary School, Memorial Jr High School, and Thornton Fractnl So High School.

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