7616 Lorel Ave Burbank, IL 60459
Estimated Value: $216,000 - $235,000
3
Beds
1
Bath
1,009
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 7616 Lorel Ave, Burbank, IL 60459 and is currently estimated at $225,321, approximately $223 per square foot. 7616 Lorel Ave is a home located in Cook County with nearby schools including J.B. Kennedy Elementary School, Reavis High School, and St Albert the Great Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2025
Sold by
Rmh 2023-2 Trust and Greenspring Capital Management Llc
Bought by
H & M Real Estate Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Outstanding Balance
$215,516
Interest Rate
6.3%
Mortgage Type
Construction
Estimated Equity
$9,805
Purchase Details
Closed on
Dec 19, 2024
Sold by
Judicial Sales Corporation
Bought by
Rmh 2023-2 Trust and Greenspring Capital Management Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| H & M Real Estate Group Llc | $220,000 | None Listed On Document | |
| Rmh 2023-2 Trust | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | H & M Real Estate Group Llc | $234,500 |
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 | $4,044 | $19,000 | $3,950 | $15,050 |
| 2024 | $4,044 | $19,000 | $3,950 | $15,050 |
| 2023 | $3,816 | $19,000 | $3,950 | $15,050 |
| 2022 | $3,816 | $16,053 | $3,430 | $12,623 |
| 2021 | $290 | $16,053 | $3,430 | $12,623 |
| 2020 | $260 | $16,053 | $3,430 | $12,623 |
| 2019 | $290 | $14,284 | $3,118 | $11,166 |
| 2018 | $282 | $14,284 | $3,118 | $11,166 |
| 2017 | $268 | $14,284 | $3,118 | $11,166 |
| 2016 | $1,050 | $12,772 | $2,598 | $10,174 |
| 2015 | $1,062 | $12,772 | $2,598 | $10,174 |
| 2014 | $1,009 | $12,772 | $2,598 | $10,174 |
| 2013 | $944 | $15,503 | $2,598 | $12,905 |
Source: Public Records
Map
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