$255,000
SOLD APR 11, 2025

7545 Lorel Ave Burbank, IL 60459

3 Beds
2 Baths
1,032 Sq Ft
3,746 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

4% Below List Price

86 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Family Room
  • Entrance Foyer
  • Combination Dining and Living Room

About This Home

As of April 2025

**PRICE REDUCTION! Don't Miss This Opportunity!** This adorable split-level home in the sought-after Burbank community just got even more enticing with a new lower price! Nestled on a welcoming block of similar homes, this 3-bedroom, 2-bath residence is bursting with potential. Enjoy a bright living room, a generously sized kitchen ready for your vision, and a cozy lower-level family room perfect for gatherings. The backyard is ideal for entertaining or relaxing in your own private retreat. The 2 car garage makes this one complete. This is a fantastic opportunity for creativity and new ideas. Add your personal touch and build equity. With great bones and timeless design, it's the perfect canvas for your dream home. Located near schools, parks, shopping, and local eateries, this charming neighborhood has everything you need! Take advantage of the price reduction-schedule your showing today before it's gone!

Last Agent to Sell the Property

Tamika Marks

Trademarks & Associates License #471006293 Listed on: 12/03/2024

Last Buyer's Agent

Adnan Jaber

HomeSmart Realty Group License #471002498

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,826

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 30x125.5

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1,032 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,826

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1032
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Side Driveway, No Garage, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 30X125.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6826
  • Tax Year: 2023
  • Tax Exemptions: None

Matterport 3D Tour

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Mar 27, 2025
Sold by
Narre Titling Trust
Bought by
Laureano Lorena
Seller's Agent
Tamika Marks
Trademarks & Associates
Buyer's Agent
Adnan Jaber
HomeSmart Realty Group
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%
Views
5360
Current Estimated Value
$270,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,024
Avg. Annual Appreciation
9.01%
Original Mortgage
$247,350
Outstanding Balance
$245,344
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$25,998

Purchase Details

Closed on
Mar 1, 2022
Sold by
Beaumont Lawrence
Bought by
Narre Titling Trust

Purchase Details

Closed on
Feb 1, 2022
Sold by
Beaumont Lawrence
Bought by
Narre Titling Trust
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 Type Sale Price Title Company
Special Warranty Deed $255,000 None Listed On Document
Foreclosure Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,350 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $255,000 0.0% $247 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $254,900 -3.8% $247 / Sq Ft
12/03/2024 12/03/24 For Sale $264,900 -- $257 / Sq Ft
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 $6,826 $22,001 $3,563 $18,438
2024 $6,826 $22,001 $3,563 $18,438
2023 $6,898 $22,001 $3,563 $18,438
2022 $6,898 $17,888 $3,094 $14,794
2021 $6,600 $17,887 $3,093 $14,794
2020 $6,368 $17,887 $3,093 $14,794
2019 $5,661 $15,800 $2,812 $12,988
2018 $5,500 $15,800 $2,812 $12,988
2017 $5,318 $15,800 $2,812 $12,988
2016 $1,292 $15,454 $2,343 $13,111
2015 $1,306 $15,454 $2,343 $13,111
2014 $1,241 $15,454 $2,343 $13,111
2013 $1,160 $17,591 $2,343 $15,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12220666

Midwest Real Estate Data (MRED)

APN: 19-28-305-013-0000