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Burbank 60459 Burbank
7117 W 82nd Place
$342,000
● House - Off Market

7117 W 82nd Place

Burbank, IL 60459
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,782 Ft²
$2,251
Est. Monthly
8.03%
Cap Rate
Unit Size
1,782 Ft²
Days on Market
-
Land Size
-
Price per sqft
$202
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1955

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 11,039
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,782
  • Gross Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVE GARDENS SUB
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HARLEM) AVE GARDENS SUB LT147 FREDK H BARTLETTS 1ST ADD TO F H BARTLETTS ST ACRES SUB OF WH OF SE OF & WH OF NW OF & WH OF S

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 821001

Geography

  • District: 36
  • Parcel: 19-31-111-007-0000
  • Lot: 147
  • Meridian: SEC 31 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7415
  • Longitude: -87.7978

    Address

  • Full Address: 7117 W 82nd Pl
  • Address - House Number: 7117
  • Street Direction: W
  • Address - Street Name: 82nd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Burbank
  • Carrier Code: C028
  • 4-Digit Zip Code: 1611
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $575,704
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 321,583
  • High Value: 395,014
  • Low Value: 248,153

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $68,990
  • Market Improvement Value: $151,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $6,899
  • Assessed Improvements Value: $15,101
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:

$347,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1958 ft²

Average Home Age

56.7 years

Currently For Sale

54 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 7241 Beloit Avenue, Bridgeview, IL, 60455

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,069 ft²
7241 Beloit Avenue, Bridgeview, IL, 60455 Listing by Fares Suleiman
Unit for rent at 7704 Mcvicker Avenue, Burbank, IL, 60459

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,364 ft²
7704 Mcvicker Avenue, Burbank, IL, 60459 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michelle Arseneau, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12410782
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 7117 West 82nd Place built and last sold?
The property at 7117 West 82nd Place was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7117 West 82nd Place is $364,778.
What are some comparable homes to 7117 West 82nd Place?
There are currently no comparable homes to 7117 West 82nd Place.
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