NOT LISTED FOR SALE

7816 Normandy Ave Burbank, IL 60459

12 Beds
12 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold June 29, 2020

Last sale price $590,000

30 Days on Market

About This Home

As of June 2020

All brick 6-unit apartment building w/balconies on a double lot w/12 parking spaces. New roof. All 2bd units. The main floor units have 1.5 bath each, the upper floor units have 2 full baths. Partial basement accommodates c/o laundry, storage units for all tenants and 1/2 bath. The building is all electric. No gas. Tenants pay their own utilities including heat, c/a and hot water. Laundry income was not included. All units occupied. Long term tenants.

Last Agent to Sell the Property

Alicja Creamer

Access Realtors, INC. License #471010397 Listed on: 01/21/2020

Last Buyer's Agent

Diana Jasin

Chicagoland Brokers Inc. License #475126028

Chicagoland Brokers Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 10,454

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Additional Features

  • Partially Finished Basement

Community Details

  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, hot water
  • $20,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Potential Use: Condominium
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 31228
  • Roof Coverings: Shingle Composition
  • Roof Structure: Mansard
  • Scavenger Expense: 900
  • Total Annual Exp: 23552
  • Total Annual Income: 54840
  • Total Monthly Income: 4570
  • Unincorporated: Yes
  • Number of Ranges: 4
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1978
  • Type Multi Family: Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1978

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.24
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Central Individual
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat, Central Heat/Indiv Controls, Electric, Forced Air
  • Water Expense: 2400

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 720
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 80X133
  • Lot Sq Ft: 10640
  • Parcel Identification Number: 19304160100000

Rental Info

  • Gross Rental Income: 54840
  • Tenant Pays: Air Conditioning, Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2018
  • Insurance Expense: 2000
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 17582

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
06/29/2020 06/29/20 Sold $590,000 -4.8% --
02/20/2020 02/20/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $620,000 -- --
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: MRD10615251

Midwest Real Estate Data (MRED)