NOT LISTED FOR SALE

7851 Lorel Ave Burbank, IL 60459

7 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot Lot

Sale Details

Date Sold: August 24, 2023

Last sale price $460,000

3 Days on Market

About This Home

As of August 2023

Beautiful 2 unit with owners unit in the basement 1st floor & 2nd with 3 bedroom's central A/C . hardwood floor , fenced yard wide driveway Perfect investment property or New home buyer with extra income from units. This is a must see property. roof, windows are 8y old 3gas meter , 4 electrical meter , 1st floor & basement owner use call today .

Last Agent to Sell the Property

Khaled Muza

RE/MAX 10 License #475124048 Listed on: 07/27/2023

RE/MAX 10

Last Buyer's Agent

The Galarza Team

Century 21 New Beginnings License #475113749

Century 21 New Beginnings

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 1962

Lot Details

  • 4,356 Sq Ft Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Jacqueline B Kennedy Elementary School
  • Liberty Junior High School
  • Reavis High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near park

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,696

Year Built

Built in 1962

Lot Details

4,356 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 8
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park
  • Conversion YN: N

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.1
  • Lot Dimensions: .25
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10696
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $460,000 -4.1% --
07/31/2023 07/31/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $479,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,563 $19,586 $4,165 $15,421
2024 $5,563 $19,586 $4,165 $15,421
2023 $5,768 $19,586 $4,165 $15,421
2022 $5,768 $16,670 $3,617 $13,053
2021 $5,536 $16,668 $3,616 $13,052
2020 $5,382 $16,668 $3,616 $13,052
2019 $4,962 $15,564 $3,288 $12,276
2018 $4,820 $15,564 $3,288 $12,276
2017 $4,670 $15,564 $3,288 $12,276
2016 $4,234 $13,266 $2,740 $10,526
2015 $4,055 $13,266 $2,740 $10,526
2014 $3,942 $13,266 $2,740 $10,526
2013 $3,103 $11,636 $2,740 $8,896
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11844406

Midwest Real Estate Data (MRED)
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