7940 Lorel Ave Burbank, IL 60459
Estimated Value: $394,000 - $454,000
3
Beds
3
Baths
1,586
Sq Ft
$267/Sq Ft
Est. Value
About This Home
This home is located at 7940 Lorel Ave, Burbank, IL 60459 and is currently estimated at $423,219, approximately $266 per square foot. 7940 Lorel Ave is a home located in Cook County with nearby schools including Luther Burbank Elementary School, Reavis High School, and St Albert the Great Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2023
Sold by
Dang Lam and Thi-Le Cam
Bought by
Lam Dang And Cam Thi-Le Family Trust
Current Estimated Value
Purchase Details
Closed on
Oct 25, 1999
Sold by
Kwak Jozek and Kwak Helena
Bought by
Dang Lam and Le Cam Thi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.72%
Mortgage Type
Stand Alone First
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Dang And Cam Thi-Le Family Trust | -- | None Listed On Document | |
| Dang Lam | $233,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dang Lam | $186,400 |
Source: Public Records
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 | $8,590 | $31,000 | $9,855 | $21,145 |
| 2024 | $8,590 | $31,000 | $9,855 | $21,145 |
| 2023 | $8,114 | $31,000 | $9,855 | $21,145 |
| 2022 | $8,114 | $24,462 | $8,559 | $15,903 |
| 2021 | $7,797 | $24,461 | $8,558 | $15,903 |
| 2020 | $7,604 | $24,461 | $8,558 | $15,903 |
| 2019 | $7,717 | $24,967 | $7,780 | $17,187 |
| 2018 | $7,495 | $24,967 | $7,780 | $17,187 |
| 2017 | $7,666 | $26,151 | $7,780 | $18,371 |
| 2016 | $5,651 | $18,536 | $6,483 | $12,053 |
| 2015 | $5,398 | $18,536 | $6,483 | $12,053 |
| 2014 | $6,132 | $21,206 | $6,483 | $14,723 |
| 2013 | $6,544 | $24,398 | $6,483 | $17,915 |
Source: Public Records
Map
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