5860 W 87th St Burbank, IL 60459
Estimated Value: $742,988
Studio
--
Bath
--
Sq Ft
0.43
Acres Lot
About This Home
This home is located at 5860 W 87th St, Burbank, IL 60459 and is currently estimated at $742,988. 5860 W 87th St is a home located in Cook County with nearby schools including Luther Burbank Elementary School, Reavis High School, and St Gerald School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2021
Sold by
Emar Properties Llc Burbank
Bought by
My Brother Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$85,591
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$657,397
Purchase Details
Closed on
Apr 1, 2015
Sold by
Seaway Bank & Trust Company
Bought by
Emaar Properties Llc Burbank
Purchase Details
Closed on
Apr 21, 2014
Sold by
Ukani Salim N
Bought by
Seaway Bank & Trust Company
Purchase Details
Closed on
Jun 21, 1999
Sold by
Standard Bank & Trust Company
Bought by
East Side Bank & Trust Company and Trust #1826
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 4, 1994
Sold by
Standard Bank & Trust Company
Bought by
Standard Bank & Trust Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.62%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| My Brother Llc | $600,000 | Greater Illinois Title Co | |
| Emaar Properties Llc Burbank | $105,000 | Chicago Title Insurance Co | |
| Seaway Bank & Trust Company | -- | None Available | |
| East Side Bank & Trust Company | $365,000 | -- | |
| Standard Bank & Trust Company | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | My Brother Llc | $480,000 | |
| Previous Owner | East Side Bank & Trust Company | $300,000 | |
| Previous Owner | Standard Bank & Trust Company | $182,000 |
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 |
|---|---|---|---|---|
| 2025 | $25,224 | $150,721 | $74,152 | $76,569 |
| 2024 | $25,224 | $81,292 | $74,152 | $7,140 |
| 2023 | $37,872 | $81,292 | $74,152 | $7,140 |
| 2022 | $37,872 | $98,209 | $50,980 | $47,229 |
| 2021 | $36,239 | $98,207 | $50,979 | $47,228 |
| 2020 | $28,757 | $80,780 | $50,979 | $29,801 |
| 2019 | $25,141 | $70,169 | $41,710 | $28,459 |
| 2018 | $24,425 | $70,169 | $41,710 | $28,459 |
| 2017 | $22,980 | $68,280 | $41,710 | $26,570 |
| 2016 | $18,278 | $51,878 | $39,393 | $12,485 |
| 2015 | $17,599 | $51,880 | $39,393 | $12,487 |
| 2014 | $54,053 | $164,283 | $39,393 | $124,890 |
| 2013 | $49,384 | $164,283 | $39,393 | $124,890 |
Source: Public Records
Map
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