$750,000
SOLD MAY 21, 2025

7835 Normandy Ave Burbank, IL 60459

-- Bed
-- Bath
5,880 Sq Ft
1974 Built

Recently Sold

$128 Per Sq Ft

11 Days on Market

Highlights

  • Property is near public transit
  • Storage Room
  • Heating Available
  • Laundry Room

About This Home

As of May 2025

Incredible opportunity to acquire a massive all-brick 6-unit building offering nearly 6,000 sq ft plus a full concrete basement - extremely well-maintained by long-term owners who prioritized preventative care. Each all-electric unit features 2 large bedrooms, 1 bath, private balconies, and front/back hallways. Tenants pay their own heat and electric, keeping expenses low and NOI high. All tenants are month-to-month, creating immediate upside potential through lease restructuring and rental increases. Property includes a large, well-kept asphalt lot with plentiful parking, tenant and owner storage, and a common laundry room. Excellent location near new I-294 ramp, public transit, strong schools, and Stickney Township healthcare system - all major tenant draws. This is a rock-solid, cash-flow-ready building on a beautiful block, perfect for both seasoned and first-time multi-unit investors looking for stability, growth, and location-driven demand. Attention: Purchase 7841 & 7835 Normandy together for a powerful portfolio addition! Per information received but not verified roofs are about 5 years old.

Last Agent to Sell the Property

Joanna Lewkowicz

Boutique Home Realty License #471018027 Listed on: 04/25/2025

Last Buyer's Agent

Khaled Muza

RE/MAX 10 License #475124048

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,209

Year Built

  • Built in 1974

Parking

  • 13 to 18 Parking Spaces

Home Design

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

Interior Spaces

  • 5,880 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Partially Finished Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • Lot Dimensions are 60x134
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,800
  • Insurance Expense $3,450
  • Trash Expense $960
  • Water Sewer Expense $3,000
  • Operating Expense $24,020
  • Gross Income $56,040
  • Net Operating Income $35,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,209

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Sprinklers-Wet
  • Misc Inside: Inside Corridor/s,Storage Inside,Laundry Room
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Roof Structure: Pitched
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 960
  • Water Sewer Expenses: 3000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X134
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

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

Building Info

  • BuildingAreaTotal: 5880

Multi Family

  • Net Operating Income: 35620
  • Insurance Expense: 3450
  • ElectricExpense: 1800
  • GrossIncome: 56040
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24020
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 18209
  • Tax Year: 2023
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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
05/21/2025 05/21/25 Sold $750,000 0.0% $128 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $750,000 -- $128 / 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 $18,209 $62,000 $7,581 $54,419
2024 $18,209 $62,000 $7,581 $54,419
2023 $10,562 $62,000 $7,581 $54,419
2022 $10,562 $30,810 $6,584 $24,226
2021 $10,140 $30,809 $6,583 $24,226
2020 $9,863 $30,809 $6,583 $24,226
2019 $14,422 $43,681 $5,985 $37,696
2018 $15,292 $47,368 $5,985 $41,383
2017 $14,806 $47,368 $5,985 $41,383
2016 $11,543 $35,258 $4,987 $30,271
2015 $11,070 $35,258 $4,987 $30,271
2014 $10,756 $35,258 $4,987 $30,271
2013 $12,429 $43,976 $4,987 $38,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12348659

Midwest Real Estate Data (MRED)