NOT LISTED FOR SALE

5900 W 79th St Burbank, IL 60459

0.72 Acre
-- Price per Acre
31,363 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $250,000

62 Days on Market

About This Lot

As of August 2022

Great space for your development project to become a reality. Multifamily, strip center or bring your own ideas. Corner lot. Nearly 30,000 vehicles per day pass by. 19725 square feet.

Last Agent to Sell the Property

Ken Houbolt

HRE Real Estate Services License #471016227 Listed on: 03/19/2022

HRE Real Estate Services

Last Buyer's Agent

Neil Haleem

Network Property Managment LLC License #471010714

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 157.8 x 125
  • Additional Parcels

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 157.8 X 125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 26699.42
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Properties Investment Group Llc
Bought by
7900 Plaza Llc

Purchase Details

Listed on
Mar 19, 2022
Closed on
Aug 16, 2022
Sold by
American Metro Bank
Bought by
Peoperties Investment Group Llc
Seller's Agent
Ken Houbolt
HRE Real Estate Services
Buyer's Agent
Neil Haleem
Network Property Managment LLC
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%

Purchase Details

Closed on
Aug 6, 2014
Sold by
5900 W 79Th Street Corp
Bought by
American Metro Bank

Purchase Details

Closed on
Nov 29, 1996
Sold by
Worth Bank & Trust
Bought by
5900 W 79Th Street Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.94%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
7900 Plaza Llc $300,000 None Listed On Document
Peoperties Investment Group Llc $250,000 None Listed On Document
American Metro Bank -- None Available
5900 W 79Th Street Corp $530,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5900 W 79Th Street Corp $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $250,000 -23.1% --
05/21/2022 05/21/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $325,000 -- --
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 $3,170 $23,079 $9,539 $13,540
2024 $3,170 $10,216 $9,539 $677
2023 $4,266 $10,216 $9,539 $677
2022 $4,266 $11,065 $8,594 $2,471
2021 $5,258 $14,250 $8,593 $5,657
2020 $5,179 $14,547 $8,593 $5,954
2019 $15,772 $44,020 $7,031 $36,989
2018 $6,215 $14,391 $7,031 $7,360
2017 $5,925 $14,355 $7,031 $7,324
2016 $6,008 $13,638 $6,640 $6,998
2015 $6,581 $15,388 $6,640 $8,748
2014 $9,834 $24,137 $6,640 $17,497
2013 $11,479 $33,067 $6,640 $26,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11351947

Midwest Real Estate Data (MRED)

APN: 19-29-410-032-0000

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