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Burbank 60459 Burbank
6136 W 87th Street
$317,000
● House - Off Market

6136 W 87th Street

Burbank, IL 60459
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$322,391
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

REMODELED CAPE COD SITTING ON SPACIOUS LOT WITH SIDE DRIVE. NEW ELECTRICAL, PLUMBING, HVAC, SIDING, AND ROOF. WORK PERMITS PULLED.  INSIDE FIND WELCOMING ENCLOSED FRONT  PORCH WITH NEWER WINDOWS. MAIN LEVEL WITH LIVING ROOM, EAT-IN KITCHEN, 2 BEDROOMS FULL BATH & ENCLOSED BACK PORCH/LAUNDRY ROOM. UPSTAIRS WITH 3RD BEDROOM, EXTRA LIVING AREA & 2ND BATHROOM. NEW ASPHALT SIDE DRIVEWAY LEADING TO 2 CAR GARAGE.  LOTS OF ROOM TO ROAM IN HUGE BACK YARD. EASY TO SEE.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$229
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11370584)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by Homes R Us Real Estate Service $319,900
Listed by Homes R Us Real Estate Service

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,347
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLINES 87TH ST HOMESITES FIRST
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: J HERBERT (CLINES)(87TH) ST HOMESITES (FIRST) ADD RES UB OF LTS 81-86 INCL IN J HERBERT CLINES 87TH ST HOMESITES SUB OF SH EH

Neighborhood

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

Geography

  • District: 36
  • Parcel: 19-32-311-029-0000
  • Lot: 81-86
  • Meridian: SEC 32 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7343
  • Longitude: -87.7741

    Address

  • Full Address: 6136 W 87th St
  • Address - House Number: 6136
  • Street Direction: W
  • Address - Street Name: 87th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Burbank
  • Carrier Code: C020
  • 4-Digit Zip Code: 2556
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $408,428
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 187,133
  • High Value: 229,863
  • Low Value: 144,403

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $64,670
  • Market Improvement Value: $125,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $6,467
  • Assessed Improvements Value: $12,533

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18236
  • Previous Sale Recording Date: Feb 09, 2021
  • Previous Sale Contract Date: Oct 19, 2020
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: 71
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:

$347,500

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1753 ft²

Average Home Age

56.7 years

Currently For Sale

58 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
Unit for rent at 5638 State Road, Burbank, IL, 60459

$2,900 /mo

  • 4 Beds
  • 1 Bath
  • 1,460 ft²
5638 State Road, Burbank, IL, 60459 Listing by Esperanza Rodriguez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rosalba Pasillas, Homes R Us Real Estate Service
Last Updated: 3 years ago
Data Source: MRED, MLS# 11370584
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 6136 West 87th Street built and last sold?
The property at 6136 West 87th Street was built in 1952 and last sold on May 16, 2022 for $317,000.
How much is this home worth?
The estimated value of the home located at 6136 West 87th Street is $322,476.
What are some comparable homes to 6136 West 87th Street?
There are currently no comparable homes to 6136 West 87th Street.
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