NOT LISTED FOR SALE

7928 Sayre Ave Burbank, IL 60459

Burbank Area
7 Beds
5 Baths
-- Sq Ft
1978 Built

Sale Details

Date Sold: June 14, 2024

Last sale price $518,000

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Humidifier

About This Home

As of June 2024

Nestled in a coveted neighborhood, this legal 2-flat apartment with a garden unit epitomized urban tranquility. This amazing fully rented-out investment opportunity is located within walking distance to multiple shops and restaurants. The 1st and 2nd-floor units boast 3 bedrooms and 2 bathrooms. The fully finished basement includes a kitchen and bathroom. Brand new carpet on 2nd floor. Located conveniently in the property is a coin-operated washer and dryer.

Last Agent to Sell the Property

Anas Akhras

HomeSmart Connect LLC License #475189572 Listed on: 04/13/2024

HomeSmart Connect LLC

Last Buyer's Agent

Marcin Talaga

Baird & Warner License #475136134

Baird & Warner
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,314

Year Built

  • Built in 1978

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Lot Details

  • Lot Dimensions are 50x133
  • Paved or Partially Paved Lot

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $52,800

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,314

Year Built

Built in 1978

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: Humidifier, Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X133
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 52800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 10313.66
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 13, 2024
Sold by
Bought by
Seller's Agent
Anas Akhras
HomeSmart Connect LLC
Buyer's Agent
Marcin Talaga
Baird & Warner
List Price
$549,000
Sold Price
$518,000
Premium/Discount to List
-$31,000
-5.65%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.14%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$518,000 Old Republic Title
$335,000 Old Republic Natl Title Ins
$260,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $485,575
Closed $481,124
Previous Owner $254,400
Previous Owner $150,000
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
06/14/2024 06/14/24 Sold $518,000 -5.6% --
04/23/2024 04/23/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $549,000 -- --
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 $10,495 $37,139 $4,156 $32,983
2024 $10,495 $37,139 $4,156 $32,983
2023 $10,314 $37,139 $4,156 $32,983
2022 $10,314 $30,167 $3,658 $26,509
2021 $9,902 $30,165 $3,657 $26,508
2020 $9,634 $30,165 $3,657 $26,508
2019 $8,925 $28,338 $3,325 $25,013
2018 $8,668 $28,338 $3,325 $25,013
2017 $8,402 $28,338 $3,325 $25,013
2016 $8,501 $26,626 $2,826 $23,800
2015 $9,032 $26,626 $2,826 $23,800
2014 $6,320 $26,626 $2,826 $23,800
2013 $5,911 $24,173 $2,826 $21,347
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12022763

Midwest Real Estate Data (MRED)
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