When was property at 7040 West 81st Place built and last sold?

The property at 7040 West 81st Place was built in 1954 and last sold on Feb 24, 2021 for $320,000.

How much is this home worth?

The estimated value of the home located at 7040 West 81st Place is $0.

What are some comparable homes to 7040 West 81st Place?

There are currently no comparable homes to 7040 West 81st Place.

Burbank

60459

Burbank

7040 W 81st Place

$333,000

● House - Off Market

7040 W 81st Place

Burbank, IL 60459

3 Beds

2 Baths

1,155 Ft²

$2,214

Est. Monthly

8.71%

Cap Rate

About This Property

Incredible 5 bedroom Home in Burbank rehabbed in 2019!!!. Solid all brick ranch featuring 5 bedrooms, 2 bath, kitchen/dinette, living room, full bath on main level - good-sized rooms. Hardwood floors. Full finished basement with 2 additional bedrooms and a full bath. Huge & desirable 83x133 lot. Roof 2019, alum trim, & GFA furnace/Central Air (2010). New Front Deck (2021). Updated kitchen with Newer Stainless Steel refrigerator. Laundry room in basement. Detached one car garage. Taxes do not reflect a homeowner exemption!

Unit Size

1,155 Ft²

Days on Market

Land Size

0.25 acres

Price per sqft

$288

Property Type

House

Property Taxes

$579

HOA Dues

Year Built

1954

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11956224)

Price History

Date / Event	Date	Event
May 31, 2024	Sold	Premium
Sold
Jan 4, 2024	Listed by Coldwell Banker Realty	$333,000
Listed by Coldwell Banker Realty
Dec 18, 2020	No longer available	-
No longer available
Dec 9, 2020	Listed	$329,900
Listed

	Incredible 5 bedroom Home in Burbank. Solid all brick raised ranch featuring 5 bedrooms, 2 bath, kitchen/dinette, living room, full bath on main level - good-sized rooms. Hardwood floors. Full finished basement, Huge & desirable 83x133 lot. Newer roof, alum trim, & GFA furnace. Quick closing possible with immediate possession. High-end new single-family construction all around. The manager has listed the unit size as 1134 square feet.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1954

Effective Year Built: 1954
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: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,039

Total Building Area: 1,134
Gross Building Area: 1,134
Building Area: 1,134
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,134
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: KANDICHS SUB
Land Acres: 0000000253
Standard Land Use Code: 1001
County Land Use Code: 2-03

Neighborhood

School District Name: Burbank School District 111

Census Tract: 821001

Geography

District: 36

Parcel: 19-31-105-005-0000
Lot: 3
Meridian: SEC 31 TWN 38N RNG 13E
Municipality: STICKNEY
Latitude: 41.7438
Longitude: -87.7962

Address

Full Address: 7040 W 81st Pl

Address - House Number: 7040
Street Direction: W
Address - Street Name: 81st
Address - Suffix Type: Pl
State: IL
City Name: Burbank
Carrier Code: C028
4-Digit Zip Code: 1605
Zip Code: 60459

Valuation

Tax

Tax Year: 2022

Tax Amount: $694,216
Tax Rate Code Area: 36004

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 314,388
High Value: 346,175
Low Value: 282,601

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $230,000

Market Land Value: $68,990
Market Improvement Value: $161,010

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $23,000
Assessed Land Value: $6,899
Assessed Improvements Value: $16,101

Sales

Current Sale Contract Date: Feb 24, 2021

Current Sale Recording Date: Mar 29, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2108828246
Previous Sale Recording Date: Jan 27, 2021
Previous Sale Contract Date: Dec 18, 2020
Previous Sale Amount: $190,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Loan Due Date:

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Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Burbank

Stats & Trends

Median Asking:

$349,250

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

Average Home Size

1975 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

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$3,100 /mo

3 Beds
2 Baths
1,069 ft²

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Unit for rent at 9336 Moody Avenue, Oak Lawn, IL, 60453

$3,000 /mo

4 Beds
2 Baths
1,850 ft²

9336 Moody Avenue, Oak Lawn, IL, 60453 Listing by Rima Muthana

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

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Listed by: Khine Thwe, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11956224

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.

7040 W 81st Place

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Burbank

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions