NOT LISTED FOR SALE

6148 W 79th St Burbank, IL 60459

11 Beds
6 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $500,000

17 Days on Market

About This Home

As of June 2020

Great Investment Opportunity! Well maintained 6-Unit building close to all major streets and amenities! 5 Units offering spacious 2 bedrooms, 1 unit offering 1 bedroom. 2 Units have been completely remodeled: new kitchen, appliances, laminate flooring, bathrooms. The rest of the units have been updated with new electrical and new laminate flooring. Large parking lot with 4 spaces, 2 car garage and a fully fenced yard. All units are leased with tenants. Great location and a wonderful investment opportunity!

Last Agent to Sell the Property

Andriy Voloshchuk

Coldwell Banker Realty License #475178911 Listed on: 04/07/2020

Coldwell Banker Realty

Co-Listed By

Marta Voloshchuk

Coldwell Banker Realty License #475186794

Last Buyer's Agent

Stan Latek

Prospect Equities Real Estate License #475154432

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,970

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,247
  • Insurance Expense $3,600

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Net Oper Income: 43420
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 483
  • Scavenger Expense: 985
  • Total Annual Exp: 9906
  • Total Annual Income: 68400
  • Total Monthly Income: 5600
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1965
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1965

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.16
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Central Bldg Heat
  • Water Expense: 2025

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 665
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 83X124
  • Parcel Identification Number: 19293120280000

Rental Info

  • Gross Rental Income: 67200
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 2247
  • Insurance Expense: 3600
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 15074

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2020 06/01/20 Sold $500,000 -5.3% --
04/24/2020 04/24/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $528,000 +5.6% --
07/12/2018 07/12/18 Sold $500,000 -5.7% -- View Prior Sale
03/04/2018 03/04/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $530,000 0.0% --
02/16/2018 02/16/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $530,000 -- --
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
2025 $17,686 $52,799 $6,862 $45,937
2024 $17,686 $52,799 $6,862 $45,937
2023 $12,062 $57,000 $6,862 $50,138
2022 $12,062 $31,278 $5,959 $25,319
2021 $11,541 $31,277 $5,958 $25,319
2020 $11,134 $31,277 $5,958 $25,319
2019 $16,747 $46,741 $5,417 $41,324
2018 $15,074 $46,741 $5,417 $41,324
2017 $14,595 $46,741 $5,417 $41,324
2016 $11,395 $34,839 $4,514 $30,325
2015 $10,928 $34,839 $4,514 $30,325
2014 $10,618 $34,839 $4,514 $30,325
2013 $12,108 $42,909 $4,514 $38,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10685073

Midwest Real Estate Data (MRED)