$415,000
SOLD JAN 24, 2022

6904 W 87th St Burbank, IL 60459

8 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

3% Below List Price

63 Days on Market

Highlights

  • Lower Floor Utility Room
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Soaking Tub

About This Home

As of May 2023

Great investment opportunity!!! Currently fully rented. West Burbank 3 Flat. 4 electric meters. 2 Large 3 bedroom, 1 bath units and a 2 bedroom 1 bath garden apartment. Clean units. All appliances stay. Laundry room in basement for use for all tenants. Updates last ten years, Roof, Tuck-pointing 05', Windows 1st & 2nd floor 12'. Tenants pay electric. Don't hesitate and see this soon! Need 24 hours notice for viewing.

Last Agent to Sell the Property

Henri Vasquez

House Select Realty, Inc. License #471006776 Listed on: 10/14/2021

Last Buyer's Agent

Adriana Hernandez

john greene, Realtor License #475181556

john greene, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,349

Year Built

  • Built in 1971

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 130
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $354
  • Fuel Expense $2,029
  • Insurance Expense $1,382
  • Maintenance Expense $3,000
  • Trash Expense $1,128
  • Water Sewer Expense $2,387
  • Gross Income $46,800
  • Net Operating Income $25,743

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,349

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 430000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1128
  • Water Sewer Expenses: 2387
  • Trash Expense Year: 2021

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 X 130
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 25743
  • Fuel Expense: 2029
  • Insurance Expense: 1382
  • ElectricExpense: 354
  • GrossIncome: 46800
  • Maintenance Expense: 3000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11348.7
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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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 Change Sq Ft Price
05/03/2023 05/03/23 Sold $490,000 -4.9% --
04/09/2023 04/09/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $515,000 +24.1% --
01/24/2022 01/24/22 Sold $415,000 -3.5% --
12/17/2021 12/17/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $430,000 +54.1% --
05/06/2015 05/06/15 Sold $279,000 -3.8% --
03/03/2015 03/03/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $289,900 +3.9% --
01/21/2015 01/21/15 Pending -- -- --
01/16/2015 01/16/15 Off Market $279,000 -- --
11/19/2014 11/19/14 For Sale $289,900 0.0% --
09/10/2014 09/10/14 Pending -- -- --
08/22/2014 08/22/14 Price Changed $289,900 -3.3% --
05/27/2014 05/27/14 For Sale $299,900 0.0% --
05/22/2014 05/22/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $299,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11246167

Midwest Real Estate Data (MRED)