NOT LISTED FOR SALE

7830 Rutherford Ave Burbank, IL 60459

11 Beds
6 Baths
-- Sq Ft
7,800 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $655,000

8 Days on Market

About This Home

As of February 2023

Family owned in mint condition. Six flat, own and collect rent. All long time tenants. Month to month leases. 5/2 Beds - 1 Bath. 1/1 Beds - 1 Bath. All units w/Balcony, and all units w/wall A/C. Tenants pay electric. Halls updated w/new carpet and paint. Side drive w/5 parking spaces, and 2 car garage. Utility room w/6 storage units, and coin operated washer/dryer (owner owned). 1st FL. unit pending lease starting end of December 2022. Please text agent with info for showing. 24 hour notice required.

Last Agent to Sell the Property

Nilo Peraica

Infiniti Properties, Inc. License #475125809 Listed on: 12/21/2022

Infiniti Properties, Inc.

Last Buyer's Agent

Rima Odeh

Better Homes & Gardens Real Estate License #475102798

Better Homes & Gardens Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,626

Year Built

  • Built in 1973

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 60 x 130

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $350
  • Fuel Expense $2,178
  • Insurance Expense $2,791
  • Maintenance Expense $600
  • Other Expense $780
  • Trash Expense $899
  • Water Sewer Expense $1,934
  • Operating Expense $17,158
  • Gross Income $77,100
  • Net Operating Income $59,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,626

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1973
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Possible Use: Multi-Family
  • Basement Description: None
  • Fire Protection: Alarm On Site
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: Detached

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 899
  • Water Sewer Expenses: 1934

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60 X 130
  • Lot Size Sq Ft: 7800
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 59942
  • Fuel Expense: 2178
  • Insurance Expense: 2791
  • ElectricExpense: 350
  • GrossIncome: 77100
  • Maintenance Expense: 600
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 17158
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 7626
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $655,000 +0.8% --
12/30/2022 12/30/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $650,000 -- --
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 $16,766 $60,000 $7,410 $52,590
2024 $16,766 $60,000 $7,410 $52,590
2023 $9,640 $60,000 $7,410 $52,590
2022 $9,640 $31,153 $6,435 $24,718
2021 $7,626 $31,153 $6,435 $24,718
2020 $6,853 $31,153 $6,435 $24,718
2019 $7,624 $45,936 $5,850 $40,086
2018 $7,420 $45,936 $5,850 $40,086
2017 $7,049 $45,936 $5,850 $40,086
2016 $8,554 $37,933 $4,875 $33,058
2015 $8,651 $37,933 $4,875 $33,058
2014 $8,216 $37,933 $4,875 $33,058
2013 $7,685 $42,273 $4,875 $37,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11690664

Midwest Real Estate Data (MRED)