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Burbank 60459 Burbank
7721 S STATE
Photo of 7721 S STATE
Sold on Jan 4, 2007

1

Map

$205,000
● House - Off Market

7721 S STATE

BURBANK, IL 60459
bedrooms
3 Beds
bathrooms
1 Bath
$360,777
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

BEAUTIFUL SOLID BRICK 3 BEDROOM RANCH READY TO MOVE IN. KITCHEN WITH PLENTY OF MAPLE CABINETS, DOUBLE SINK & CERAMIC TILES. UPDATED BATHROOM. REFINISHED HARDWOOD FLOORS. 2 CAR GARAGE WITH OPENER.  ELECTRICAL 100A. RECESSED LIGHTING, CEILING FANS AND MANY MORE. ALL APPLIANCES STAY. SHOW AND SALE!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1959

Payment Calculator

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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

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,240
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,027
  • Gross Building Area: 1,027
  • Building Area: 1,027
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,027
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEYSTONE ADD TO CHICAGO
  • Land Acres: 0000000074
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (KEYSTONE) ADD TO (CHICAGO) SUB OF VAC OF BLKS 3 4 5 6 & 11 EH SW SEC 28-38-13

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 820902

Geography

  • District: 36
  • Parcel: 19-28-323-030-0000
  • Block: 3-6,1
  • Lot: 21,22
  • Meridian: SEC 28 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7517
  • Longitude: -87.7528

    Address

  • Full Address: 7721 State Rd
  • Address - House Number: 7721
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Burbank
  • Carrier Code: C068
  • 4-Digit Zip Code: 1425
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $435,521
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 244,951
  • High Value: 308,319
  • Low Value: 181,582

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $30,780
  • Market Improvement Value: $149,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,078
  • Assessed Improvements Value: $14,922

    Sales

  • Current Sale Contract Date: Jul 22, 2013
  • Current Sale Recording Date: Nov 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1330526086
  • Previous Sale Recording Date: Jan 22, 2007
  • Previous Sale Contract Date: Jan 04, 2007
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 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
Unit for rent at 9243 Lynwood Drive, Oak Lawn, IL, 60453

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,095 ft²
9243 Lynwood Drive, Oak Lawn, IL, 60453 Listing by Sebastian Regium

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anna Kedryna, Realty Executives Elite
Data Source: MRED, MLS# MRD06292601
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 7721 South State Road built and last sold?
The property at 7721 South State Road was built in 1959 and last sold on Jul 22, 2013 for $99,000.
How much is this home worth?
The estimated value of the home located at 7721 South State Road is $0.
What are some comparable homes to 7721 South State Road?
There are currently no comparable homes to 7721 South State Road.
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