NOT LISTED FOR SALE

5204 W 87th St Burbank, IL 60459

Burbank Area
8 Beds
4 Baths
-- Sq Ft
1974 Built

Sale Details

Date Sold: November 19, 2015

Last sale price $300,000

17 Days on Market

Highlights

  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Balcony
  • Baseboard Heating

About This Home

As of November 2015

Looking for a money making investment? This 4 unit apartment building with potential to add 2 additional units in the lower level just might be the opportunity that you are looking for. Owner has recently replaced roof and gutters and rehabbed 2 baths. Building is being sold as is. Lower level is ready for build out for two additional units. Parking available for six cars plus a garage rental. Coin laundry available. Check out this building before it's gone! All offers will be reviewed after 10 days on the market. Call Listing office for an appointment today!

Last Agent to Sell the Property

David Hoak

Chicagoland Brokers, Inc License #475127214 Listed on: 09/21/2015

Chicagoland Brokers, Inc

Last Buyer's Agent

Baha Joudeh

Chicagoland Brokers, Inc License #475126977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,126

Year Built

  • Built in 1974

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony

Schools

  • Liberty Junior High School
  • Reavis High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,126

Year Built

Built in 1974

Parking

2

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
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • 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: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • High School: REAVIS HIGH SCHOOL
  • Middle/Junior School: LIBERTY JUNIOR HIGH SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6916
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9126
  • Tax Year: 2014

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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
Sep 21, 2015
Closed on
Nov 19, 2015
Sold by
Bought by
Seller's Agent
David Hoak
Chicagoland Brokers, Inc
Buyer's Agent
Baha Joudeh
Chicagoland Brokers, Inc
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0525%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$300,000 First American Title
-- --
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
Closed $225,000
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
11/19/2015 11/19/15 Sold $300,000 +1.7% --
10/08/2015 10/08/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $295,000 -1.7% --
09/23/2015 09/23/15 Off Market $300,000 -- --
09/21/2015 09/21/15 For Sale $295,000 -- --
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 $14,485 $50,000 $6,570 $43,430
2024 $14,485 $50,000 $6,570 $43,430
2023 $9,889 $50,000 $6,570 $43,430
2022 $9,889 $29,066 $5,706 $23,360
2021 $9,496 $29,065 $5,705 $23,360
2020 $10,171 $31,672 $5,705 $25,967
2019 $10,834 $33,667 $5,187 $28,480
2018 $10,523 $33,667 $5,187 $28,480
2017 $10,195 $33,667 $5,187 $28,480
2016 $9,798 $30,305 $4,322 $25,983
2015 $9,390 $30,305 $4,322 $25,983
2014 $9,126 $30,305 $4,322 $25,983
2013 $9,835 $35,346 $4,322 $31,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09044675

Midwest Real Estate Data (MRED)
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