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Burbank 60459 Burbank
6001 State Road
$247,000
● House - Off Market

6001 State Road

Burbank, IL 60459
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,384 Ft²
$268,935
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Price reduced on this Large corner home on a large corner lot in an excellent location  nestled between, the Park District gym and and Pool, across street  from Burbank Library..plus close to Stickney Health Center which  has been located in Burbank for many years, Health visits provided  along with Dental Services.  Burbank is a very convenient Town; Stores, Bus service, Restaurants and  Transportation easily available.  Plus additional 1/5 of extra lot at rear of property.
Unit Size
1,384 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11473944)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Jul 25, 2022 Listed by Professional Real Estate Services $253,500
Listed by Professional Real Estate Services

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,238
  • Total Building Area: 1,384
  • Gross Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTLETTS CHICAGO VIEW SUB
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 36
  • Parcel: 19-32-309-006-0000
  • Lot: 12,13
  • Meridian: SEC 32 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7398
  • Longitude: -87.7704

    Address

  • Full Address: 6001 State Rd
  • Address - House Number: 6001
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Burbank
  • Carrier Code: C038
  • 4-Digit Zip Code: 2539
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $446,007
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 281,572
  • High Value: 352,592
  • Low Value: 210,552

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $57,740
  • Market Improvement Value: $202,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $5,774
  • Assessed Improvements Value: $20,226

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8096
  • Previous Sale Recording Date: Sep 08, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burbank

Stats & Trends

Median Asking:

$349,250

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1967 ft²

Average Home Age

56.8 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7843 Natchez Avenue, Burbank, IL, 60459

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
7843 Natchez Avenue, Burbank, IL, 60459 Listing by Eduardo Sanchez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Irene Miehle, Professional Real Estate Services
Last Updated: 3 years ago
Data Source: MRED, MLS# 11473944
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 6001 State Road built and last sold?
The property at 6001 State Road was built in 1960 and last sold on Dec 9, 2022 for $247,000.
How much is this home worth?
The estimated value of the home located at 6001 State Road is $0.
What are some comparable homes to 6001 State Road?
There are currently no comparable homes to 6001 State Road.
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