NOT LISTED FOR SALE

6629 W 79th St Burbank, IL 60459

Estimated Value: $226,013

0.11 Acre
$2,054,664 Price per Acre
4,792 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $179,000

Est. 26% increase in value since last sale

Current estimated payment $1,389/month

64 Days on Market

About This Lot

As of November 2021

Great corner lot property with with nothing but potential. Lot is 41 X 125. Currently used as a barber shop, previously used a real estate office. The building has one main space, two private offices and a bathroom. Upstairs in an unfinished attic that could be finished or expanded for additional space. Paved parking lot has parking for at least 4 to 5 cars. Great opportunity on busy 79th Street!

Last Agent to Sell the Property

Erik Schwab

Corcoran Urban Real Estate License #471021496 Listed on: 06/16/2021

Corcoran Urban Real Estate

Co-Listed By

Chris Vernald

Corcoran Urban Real Estate License #475140372

Last Buyer's Agent

Luciano Rodriguez

Chicagoland Brokers, Inc. License #475099602

Chicagoland Brokers, Inc.

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: None
  • Co List Office Mls Id: MRD18649
  • Co List Office Phone: (312) 528-9200
  • Directions: Harlem to 79th, west on 79th to property. Property on south side of 79th.
  • Road Frontage Type: City Street
  • Lot Size: 41 X 125
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

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

Schools

  • Junior High Dist: 220

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Current Use: Commercial
  • Zoning: COMMR

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 8957
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Nov 9, 2021
Sold by
Krainik Carol H and Krainik Louis J
Bought by
Silvia Garcia and Oliveros Garcia Oliveros
Seller's Agent
Erik Schwab
Corcoran Urban Real Estate
Buyer's Agent
Luciano Rodriguez
Chicagoland Brokers, Inc.
List Price
$199,900
Sold Price
$179,000
Premium/Discount to List
-$20,900
-10.46%
Current Estimated Value
$226,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,013
Avg. Annual Appreciation
5.55%
Original Mortgage
$134,250
Outstanding Balance
$122,239
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$103,774

Purchase Details

Closed on
Jan 11, 2021
Sold by
Krainik Louis A and Krainik Carol H
Bought by
Krainik Carol H and Krainik Louis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silvia Garcia $179,000 Attorney
Krainik Carol H -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvia Garcia $134,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $179,000 -10.5% --
08/20/2021 08/20/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $199,900 -- --
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 $10,309 $33,225 $20,584 $12,641
2024 $10,309 $33,225 $20,584 $12,641
2023 $9,659 $33,225 $20,584 $12,641
2022 $9,659 $25,048 $14,152 $10,896
2021 $9,242 $25,047 $14,151 $10,896
2020 $8,916 $25,047 $14,151 $10,896
2019 $8,957 $25,000 $11,578 $13,422
2018 $8,702 $25,000 $11,578 $13,422
2017 $8,414 $25,000 $11,578 $13,422
2016 $12,381 $28,750 $10,935 $17,815
2015 $11,949 $28,750 $10,935 $17,815
2014 $11,696 $28,750 $10,935 $17,815
2013 $11,206 $30,412 $10,935 $19,477
Source: Public Records

Agents Affiliated with this Home

  • Erik Schwab

    Seller's Agent in 2021

    Erik Schwab

    Corcoran Urban Real Estate

    (312) 320-0321

    2 in this area

    82 Total Sales

    Erik Schwab
    Section Image
  • Chris Vernald

    Seller Co-Listing Agent in 2021

    Chris Vernald

    Corcoran Urban Real Estate

    (630) 330-7191

    2 in this area

    176 Total Sales

    Chris Vernald
    Section Image

  • L

    Buyer's Agent in 2021

    Luciano Rodriguez

    Chicagoland Brokers, Inc.

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11125406

Midwest Real Estate Data (MRED)

APN: 19-31-202-039-0000

Illinois Cook County Burbank 60459

6629 W 79th St, Burbank, IL

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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