NOT LISTED FOR SALE

5858 W 87th St Unit 2A Burbank, IL 60459

Estimated Value: $153,000 - $171,000

2 Beds
1 Bath
800 Sq Ft
$166/mo HOA Fee

Last Sold June 28, 2012

Last sale price $38,000 $48 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $1,363/month

40 Days on Market

Highlights

  • Lake Front
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Balcony
  • Storage Room

About This Home

As of June 2012

bank owned great opportunity for investor or bargain hunter. great location, plenty of parking, newer furnace and a/c. price reduced for quick sale

Last Agent to Sell the Property

Gary Lassandrello

Realty One Group Heartland License #475104022 Listed on: 03/31/2012

Realty One Group Heartland

Last Buyer's Agent

Ewa Fila

Classic Realty Group, Inc.

Classic Realty Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,311

Year Built

  • 1972

Lot Details

  • 0.43

HOA Fees

  • $166 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage Room
  • Breakfast Bar

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Balcony
  • Lake Front

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,311

Year Built

1972

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1972

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X17, On Level: 2nd Level, Flooring: Carpet
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Storage
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 800

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Indv Controls

Condo/Co-op/Association

  • Max Pet Weight: Yes
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Coin Laundry
  • Assessment/Association Fees: 166
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • School District: 220
  • Elementary School: LUTHER BURBANK ELEMENTARY SCHOOL
  • Middle School: LIBERTY JUNIOR HIGH SCHOOL
  • High School: BARRINGTON HIGH SCHOOL
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: COMMON AREA
  • Lot Description: Common Grounds

Multi Family

  • Total Number Unitsin Building: 11
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2012
Closed on
Jun 4, 2012
Sold by
Fdic
Bought by
Marquette Bank
Seller's Agent
Gary Lassandrello
Realty One Group Heartland
Buyer's Agent
Ewa Fila
Classic Realty Group, Inc.
List Price
$69,900
Sold Price
$38,000
Premium/Discount to List
-$31,900
-45.64%
Total Days on Market
40
Current Estimated Value
$164,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,146
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
May 5, 2011
Sold by
Radman Angie
Bought by
Integra Bank Na

Purchase Details

Closed on
Sep 17, 2003
Sold by
Welsh Diane M
Bought by
Trybula Josef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2002
Sold by
Radman Marko and Radman Angie
Bought by
Welsh Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
7.24%
Source: Public Records

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Range of Values:

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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
Marquette Bank $92,000 Stewar Title Company
Integra Bank Na -- None Available
Trybula Josef $117,500 --
Welsh Diane M $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marquette Bank $300,000
Previous Owner Trybula Josef $94,000
Previous Owner Welsh Diane M $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $38,000 -30.8% $48 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
05/04/2012 05/04/12 Price Changed $54,900 -21.5% $69 / Sq Ft
03/31/2012 03/31/12 For Sale $69,900 -- $87 / 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 $3,311 $12,661 $1,073 $11,588
2023 $3,311 $12,661 $1,073 $11,588
2022 $3,311 $8,587 $2,060 $6,527
2021 $3,169 $8,587 $2,060 $6,527
2020 $3,057 $8,587 $2,060 $6,527
2019 $3,067 $8,561 $1,888 $6,673
2018 $3,725 $10,701 $1,888 $8,813
2017 $3,791 $11,265 $1,888 $9,377
2016 $3,846 $10,916 $1,588 $9,328
2015 $2,813 $10,916 $1,588 $9,328
2014 $2,746 $10,916 $1,588 $9,328
2013 $1,642 $8,093 $1,588 $6,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08031206

Midwest Real Estate Data (MRED)

APN: 19-32-422-061-1004