NOT LISTED FOR SALE

18268 Burnham Ave Lansing, IL 60438

Estimated Value: $205,000 - $231,000

3 Beds
2 Baths
1,485 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $152,000 $102 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,726/month

8 Days on Market

About This Home

As of July 2020

Wow! Move in ready 2 flat in the heart of Lansing that has a 2 car garage, with a 1 car workshop! Main floor unit is spacious and offers plenty of natural light. It features an open concept living room, dining room and kitchen. There are two bedrooms and a full bathroom. An enclosed back porch finishes off the main floor. The basement is accessed from the main floor unit and also has an exterior entrance. It has a finished rec room, laundry room, storage cellar and another room with a closet. The second unit is on the second floor and has a spacious living room and open concept kitchen with eat in dining. The bedroom includes a good sized closet. This unit also provides plenty of natural light with big windows. This is an instant cash flow investment!

Last Listed By

Caleb Lyzenga

eXp Realty, LLC License #475188604 Listed on: 05/19/2020

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1923

Lot Details

  • 8,059

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,823

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 149900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 158

Lot Info

  • Lot Dimensions: 55' 6" X 167'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6823.22
  • Tax Year: 2018

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 13, 2020
Sold by
Smits Joel R and Lenting Deborah A
Bought by
Palmerin Jose Wulmaro
Seller's Agent
Caleb Lyzenga
eXp Realty, LLC
Buyer's Agent
Juan Hernandez
American Land Realty, Ltd.
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%
Total Days on Market
8
Current Estimated Value
$217,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,165
Avg. Annual Appreciation
8.16%
Original Mortgage
$149,246
Interest Rate
3.74%
Mortgage Type
FHA

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
Palmerin Jose Wulmaro $152,000 Citywide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmerin Jose Wulmaro $149,246
Previous Owner Smits Joel R $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $152,000 +1.4% $102 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $149,900 -- $101 / 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 $6,117 $12,900 $3,421 $9,479
2023 $6,117 $12,900 $3,421 $9,479
2022 $6,117 $9,413 $3,019 $6,394
2021 $5,950 $9,412 $3,018 $6,394
2020 $5,522 $9,412 $3,018 $6,394
2019 $6,952 $12,211 $2,817 $9,394
2018 $6,823 $12,211 $2,817 $9,394
2017 $6,890 $12,211 $2,817 $9,394
2016 $5,687 $10,400 $2,616 $7,784
2015 $5,284 $10,400 $2,616 $7,784
2014 $5,211 $10,400 $2,616 $7,784
2013 $5,309 $11,792 $2,616 $9,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10719704

Midwest Real Estate Data (MRED)

APN: 30-31-407-017-0000