NOT LISTED FOR SALE

5850 W 87th St Unit 2C Burbank, IL 60459

Estimated Value: $131,000 - $170,000

2 Beds
1 Bath
900 Sq Ft
$230/mo HOA Fee

Last Sold June 15, 2024

Last sale price $130,000 $144 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,352/month

4 Days on Market

About This Home

As of June 2024

Welcome to this beautifully updated second-floor condo. As you step inside, you'll be greeted by a spacious open-concept layout that seamlessly combines the living, dining, and kitchen areas, perfect for modern living and entertaining. The condo features two bedrooms, both with laminated wood flooring, offering comfort and style. The single bathroom boasts ceramic flooring, adding a touch of elegance to the space. The kitchen has been thoughtfully updated with plenty of cabinets, providing ample storage space for all your culinary needs. Additionally, a pantry adds extra convenience for organizing your groceries and kitchen essentials. Convenience continues with a laundry room located on the first floor, making chores a breeze. You'll also have the luxury of designated parking for two vehicles, as well as additional parking for visitors, ensuring that parking is never an issue. Lastly, a storage unit provides the perfect solution for storing seasonal items or belongings you don't need immediate access to, keeping your living space clutter-free and organized. Step outside onto your private balcony and soak in the sunshine or enjoy a cup of coffee while taking in the views of the surrounding neighborhood. With its modern updates and convenient amenities, this condo offers comfortable and stylish living in a prime Burbank location... Seller is president of the association .

Last Agent to Sell the Property

Blanca Moreno

RE/MAX 1st Service License #475138540 Listed on: 04/18/2024

RE/MAX 1st Service

Last Buyer's Agent

Lena Matariyeh

@properties Christie's International Real Estate License #475149020

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,100

Lot Details

  • 0.43

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Schools

  • Reavis High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 11 Units
  • Alicia Association, Phone Number (708) 925-2137
  • Property managed by Alicia

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,100

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Alicia
  • Management Contact Name: Alicia
  • Management Phone: 708-925-2137
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Reavis High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3100
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 11, 2024
Sold by
Alicia Moreno Revocable Trust and Morenoas Alicia
Bought by
Khalil Saleh
Seller's Agent
Blanca Moreno
RE/MAX 1st Service
Buyer's Agent
Lena Matariyeh
@properties Christie's International Real Estate
List Price
$130,000
Sold Price
$130,000
Views
129
Current Estimated Value
$153,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,700
Avg. Annual Appreciation
13.00%
Original Mortgage
$97,500
Outstanding Balance
$96,593
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$57,107

Purchase Details

Closed on
Dec 11, 2008
Sold by
Moreno Salvador
Bought by
Moreno Alicia and Alicia Moreno Revocable Trust

Purchase Details

Closed on
Jul 11, 2001
Sold by
Schabinger Lisa
Bought by
Moreno Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 20, 1998
Sold by
Citizens Bank Illinois Na
Bought by
Montejano Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.5%
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
Khalil Saleh $130,000 Fidelity National Title
Moreno Alicia -- None Available
Moreno Salvador $85,000 Prairie Title
Montejano Lisa M $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalil Saleh $97,500
Previous Owner Moreno Salvador $85,000
Previous Owner Montejano Lisa M $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2024 06/15/24 Sold $130,000 0.0% $144 / Sq Ft
04/24/2024 04/24/24 Off Market $130,000 -- --
04/23/2024 04/23/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $130,000 -- $144 / 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 $3,755 $12,103 $1,115 $10,988
2023 $3,239 $12,103 $1,115 $10,988
2022 $3,239 $8,401 $1,294 $7,107
2021 $3,100 $8,400 $1,293 $7,107
2020 $2,990 $8,400 $1,293 $7,107
2019 $4,302 $12,008 $1,159 $10,849
2018 $2,984 $12,008 $1,159 $10,849
2017 $2,905 $12,008 $1,159 $10,849
2016 $2,400 $9,309 $981 $8,328
2015 $2,268 $9,309 $981 $8,328
2014 $2,218 $9,309 $981 $8,328
2013 $1,472 $7,526 $981 $6,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12032810

Midwest Real Estate Data (MRED)

APN: 19-32-422-052-1006