$399,000
SOLD APR 10, 2025

7803 Lotus Ave Burbank, IL 60459

5 Beds
2 Baths
3,026 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

7 Days on Market

Highlights

  • Second Kitchen
  • Sitting Room
  • Laundry Room
  • Bonus Room
  • 3 Car Detached Garage
  • Porcelain Tile

About This Home

As of April 2025

This is the one you have been looking for if you have extended family/relatives or just looking for an investment opportunity. Zoned SFR but has a layout of a 2 FLAT, with all separated utilities. Beautiful Home with lots of updates. New kitchen w/granite counters, stainless steel apliances, new roof, furnace, bathroom and so much more... Nothing to do but move in! This Home features 2 Units with separate entrances.1st Floor unit has 2 bedrooms 1 bath;2nd floor has 3 bedrooms 1 bath w/laundry inside. Full basement w/additional laundry hook ups. Property has specious 3 car BRICK garage. Welcome HOME!

Last Agent to Sell the Property

Ausra Rupslaukis

Realty Executives Midwest License #475189689 Listed on: 02/27/2025

Realty Executives Midwest

Last Buyer's Agent

Salvador Gonzalez

RE/MAX Mi Casa License #475122447

RE/MAX Mi Casa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,998

Year Built

  • Built in 1955 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 121 x 45

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,026 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Second Kitchen

Flooring

  • Porcelain Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Gas Dryer Hookup

Schools

  • Jacqueline B Kennedy Elementary School
  • Liberty Junior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,998

Year Built

Built in 1955 | Remodeled in 2024

Lot Details

5,532 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • LivingArea: 3026
  • Room Type: Bedroom 5, Kitchen, Sitting Room, Bonus Room
  • Estimated Total Finished Sq Ft: 2024
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 3036
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Common Area, Multiple Locations
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jacqueline B Kennedy Elementary
  • Middle/Junior School: Liberty Junior High School

Lot Info

  • Lot Dimensions: 121 X 45
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8998.04
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Apr 8, 2025
Sold by
Ar Inspirations Inc
Bought by
Zavala Victor Villafuerte and Reyes Zulema
Seller's Agent
Ausra Rupslaukis
Realty Executives Midwest
Buyer's Agent
Salvador Gonzalez
RE/MAX Mi Casa
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%
Views
70
Current Estimated Value
$426,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,078
Avg. Annual Appreciation
6.54%
Original Mortgage
$365,384
Outstanding Balance
$362,691
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$60,773

Purchase Details

Closed on
Apr 22, 2024
Sold by
Marquette Bank
Bought by
Ar Inspirations Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 27, 2009
Sold by
Marquette Bank
Bought by
Marquette Bank and Trust #19003
Source: Public Records
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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
Warranty Deed $399,000 Chicago Title
Deed $275,000 Chicago Title
Deed $110,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,384 FHA
Previous Owner $270,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2025 04/10/25 Sold $399,000 -0.2% $132 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $399,900 -- $132 / Sq Ft
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 $8,998 $29,000 $5,258 $23,742
2024 $8,998 $29,000 $5,258 $23,742
2023 $9,029 $29,000 $5,258 $23,742
2022 $9,029 $23,413 $4,566 $18,847
2021 $8,639 $23,413 $4,566 $18,847
2020 $8,335 $23,413 $4,566 $18,847
2019 $8,780 $24,506 $4,151 $20,355
2018 $8,530 $24,506 $4,151 $20,355
2017 $8,248 $24,506 $4,151 $20,355
2016 $7,116 $20,196 $3,459 $16,737
2015 $6,851 $20,196 $3,459 $16,737
2014 $6,645 $20,196 $3,459 $16,737
2013 $6,694 $22,269 $3,459 $18,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12299901

Midwest Real Estate Data (MRED)

APN: 19-28-329-031-0000

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