Seller's Agent in 2025
Joanna Lewkowicz
Boutique Home Realty
(708) 630-1147
12 in this area
198 Total Sales
7841 Normandy Ave Burbank, IL 60459
--
Bed
--
Bath
5,880
Sq Ft
1974
Built
Highlights
- Property is near public transit
- Storage Room
- Heating Available
- Laundry Room
About This Home
As of May 2025Incredible 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 units have their own thermostat and hot water heater. 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 although not verified roofs are about 5 years old.
Last Agent to Sell the Property
Boutique Home Realty License #471018027 Listed on: 04/25/2025
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
- Fire Sprinkler System
- 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, heat
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
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Home Values in the Area
Average Home Value in this Area
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 | $11,061 | $62,000 | $7,581 | $54,419 |
| 2022 | $11,061 | $32,105 | $6,584 | $25,521 |
| 2021 | $10,617 | $32,103 | $6,583 | $25,520 |
| 2020 | $10,324 | $32,103 | $6,583 | $25,520 |
| 2019 | $13,683 | $41,618 | $5,985 | $35,633 |
| 2018 | $13,291 | $41,618 | $5,985 | $35,633 |
| 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
-
Joanna Lewkowicz
-
Khaled Muza
Buyer's Agent in 2025
Khaled Muza
RE/MAX
(773) 592-7091
14 in this area
170 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12348702
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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