NOT LISTED FOR SALE

5140 W 87th St Burbank, IL 60459

8 Beds
5 Baths
-- Sq Ft
1979 Built

Sale Details

Date Sold: April 1, 2022

Last sale price $466,000

70 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • 2.5 Car Detached Garage

About This Home

As of April 2022

Investors Welcome!! Priced to sell!!! Very well maintained multi-unit apartment building (Corner Unit). Current owner is the 3rd owner which owned the building for the past 26 years!! Great pride was taken in maintaining and owning this building. Roof - Full tear off and replacement in 2011, Additional Blow-in insulation in attic in 2016, Leaf-guard steel system in gutters in 2019, Windows replaced in 2010 on 1st floor and garden apartment and 2018 on 2nd floor, Brand new heating boilers just installed for all units in September 2021, Washer machine replaced in 2016, Water heater replaced in 2015, Sump and Sewage pumps replaced in 2016, 1st floor balcony replaced in 2016, 2nd floor balcony replaced in 2011. Tuckpointing completed 2012. Large 2.5 car garage (25' x 25'), Full concrete driveway with potential parking of 9 cars. Long-term renters - 4 + years on all floors 1st floor - $1,450 2nd floor - $1,300 Garden Apt - $1,000 , Additional Coin Laundry Income $150/month 1st floor unit was owner occupied for 14 years with many upgrades. Hardwood floors and ceramic tile throughout. Solid 6 panel doors. Granite countertops and SS appliances. 3 bedrooms, 1.5 bathrooms 2nd floor - Hardwood floors and ceramic tile throughout. Granite countertops and white appliances. 3 bedrooms, 1.5 bathrooms Garden Apartment - Vinyl tile throughout. White appliances. 2 bedroom, 1 full bathroom.

Last Agent to Sell the Property

David Adamski

First Midwest Realty LLC License #475161846 Listed on: 11/13/2021

Last Buyer's Agent

Esmeralda Campos

Coldwell Banker Realty License #475145633

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,960

Year Built

  • Built in 1979

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Lookout

Outdoor Features

  • Balcony

Lot Details

  • Lot Dimensions are 60x140
  • Corner Lot

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,960

Year Built

Built in 1979

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished,Lookout
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 9
  • Number of Cars: 11.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Sewer-Storm
  • Heating: Radiant
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 60X140
  • 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: 11959.55
  • Tax Year: 2020

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $466,000 -5.8% --
01/23/2022 01/23/22 Pending -- -- --
11/13/2021 11/13/21 For Sale $494,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $11,382 $37,876 $7,451 $30,425
2024 $11,382 $37,876 $7,451 $30,425
2023 $12,955 $40,000 $7,451 $32,549
2022 $12,955 $33,596 $6,471 $27,125
2021 $12,397 $33,595 $6,470 $27,125
2020 $11,960 $33,595 $6,470 $27,125
2019 $10,167 $28,376 $5,882 $22,494
2018 $9,877 $28,376 $5,882 $22,494
2017 $8,414 $28,376 $5,882 $22,494
2016 $8,342 $26,173 $4,901 $21,272
2015 $7,989 $26,173 $4,901 $21,272
2014 $7,766 $26,173 $4,901 $21,272
2013 $7,215 $27,384 $4,901 $22,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11269646

Midwest Real Estate Data (MRED)
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