NOT LISTED FOR SALE

8638 Leclaire Ave Burbank, IL 60459

11 Beds
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold February 27, 2023

Last sale price $620,000

1 Day on Market

About This Home

As of February 2023

Great investment opportunity! Well maintained 6 unit building, 5 units offer 2 bedrooms and the other unit is a 1 bedroom. Recent updates include a newer roof (2yrs old), newer soffits, gutters and downspouts, a new awning over backdoor, some newer windows, a newer backdoor to the building and the driveway was recently resealed. Building also features a 2 car and 1 car garage, one of which is currently rented to tenant for storage. Great location makes it very desirable to tenants. Low Taxes! Check it out today.

Last Agent to Sell the Property

Karry Razik

RE/MAX 1st Service License #475155005 Listed on: 02/06/2023

RE/MAX 1st Service

Last Buyer's Agent

David Padgurskis

Showtime Realty, Inc. License #471011205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,920

Year Built

  • Built in 1969

Lot Details

  • 10,019

Parking

  • 6 to 12 Parking Spaces

Interior Spaces

  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,800
  • Fuel Expense $3,880
  • Insurance Expense $2,757
  • Maintenance Expense $500
  • Other Expense $660
  • Trash Expense $1,428
  • Water Sewer Expense $4,200
  • Operating Expense $26,645
  • Gross Income $70,800
  • Net Operating Income $45,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,920

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks,No Sign on Property
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Misc Inside: Laundry Room
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 619900

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 1428
  • Water Sewer Expenses: 4200
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 10029
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 10

Multi Family

  • Net Operating Income: 45235
  • Fuel Expense: 3880
  • Insurance Expense: 2757
  • ElectricExpense: 1800
  • GrossIncome: 70800
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 26645
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11920.2
  • Tax Year: 2021

Range of Values:

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Sold Price
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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 Change Sq Ft Price
02/27/2023 02/27/23 Sold $620,000 0.0% --
02/09/2023 02/09/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $619,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714236

Midwest Real Estate Data (MRED)