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5530 West 86th Street

5530 West 86th Street, Burbank, IL 60459
Property in Burbank
Sold Nov 23, 2018
$163,500
$122,625 by Wintrust Mortgage
Mortgage Due Dec 01, 2048
Sold Jul 16, 2010
$150,000
$100,000 by Pna Bank
Mortgage Due Jul 01, 2040
5530 West 86th Street in Burbank, IL was first built in 1961 and is 63 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5530 West 86th Street has 1,144 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 10,640 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Aug 4, 2018 for $163,500. That's $142.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 30, 2010 for $150,000. 5530 West 86th Street was last assessed in 2023. The total value of the property was assessed at $22,000. Specifically, the land the property is located on was valued at $10,108. While improvements on the property were assessed at a total of $11,892. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,641. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,640
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WUNDERS SUB
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PAULA (WUNDERS) SUB OF SH OF N 12/16 OF WH WH SW SEC 33-38-13

Ownership

  • Current Owner : THE CHICAGO TRUST COMPANY NA
  • Previous Owner : MATTSON NORMAN H
  • Previous Owner 2: MATTSON TERRI L
  • Owner Before Previous Owner: SOBIESKI REAL ESTATE CORP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 821101

Geography

  • District: 36
  • Parcel: 19-33-322-008-0000
  • Lot: 12
  • Meridian: SEC 33 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7363
  • Longitude: -87.7591

    Address

  • Full Address: 5530 W 86th St
  • Address - House Number: 5530
  • Street Direction: W
  • Address - Street Name: 86th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Burbank
  • Carrier Code: C070
  • 4-Digit Zip Code: 2922
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,641
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 272,752
  • High Value: 340,776
  • Low Value: 204,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,625
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $122,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $101,080
  • Market Improvement Value: $118,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $10,108
  • Assessed Improvements Value: $11,892

    Sales

  • Current Sale Contract Date: Aug 04, 2018
  • Current Sale Recording Date: Nov 23, 2018
  • Current Sale Transaction ID: 11534962458
  • Current Sale Price: $163,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1832719242
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Contract Date: Jun 30, 2010
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Nov 23, 2018
  • First Mortgage Loan Amount: $122,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PNA BANK
  • Previous Mortgage Transaction Date: Jul 16, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2040

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Frequently Asked Questions

What neighborhood is 5530 West 86th Street located in?
The 5530 West 86th Street is a located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 5530 West 86th Street?
The average sales price for units in 5530 West 86th Street is $0 currently.

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