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Burbank 60459 Burbank
7736 State Road
$230,000
● House - Off Market

7736 State Road

Burbank, IL 60459
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$226,226
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautiful, freshly remodeled 3 bedroom 1 bath ranch in conveniently located Burbank!  Easy access to 294 and I-55 to get anywhere in the city quickly.  Fresh kitchen, bath, refinished hardwood floors, good sized bedrooms, and a highly functional layout make this home move in ready.  Whether you are just starting out, downsizing or relocating, this house is ready for you to make it your home!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1961

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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 #11789178)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
May 22, 2023 Listed by T D Homes LLC $227,500
Listed by T D Homes LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • 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: 2,760
  • 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: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEYSTONE ADD TO CHICAGO
  • Land Acres: 0000000063
  • 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: 19-28-322-037-0000
  • Block: 3-6,1
  • Lot: 11,12
  • Meridian: SEC 28 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7516
  • Longitude: -87.754

    Address

  • Full Address: 7736 State Rd
  • Address - House Number: 7736
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Burbank
  • Carrier Code: C068
  • 4-Digit Zip Code: 1426
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $523,458
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 222,408
  • High Value: 244,895
  • Low Value: 199,920

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $26,220
  • Market Improvement Value: $133,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,622
  • Assessed Improvements Value: $13,378

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6164
  • Previous Sale Recording Date: Jul 18, 2016
  • Previous Sale Contract Date: Mar 05, 2016
  • Previous Sale Amount: $50,000
  • 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:

$345,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1939 ft²

Average Home Age

51.7 years

Currently For Sale

51 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 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
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: Teresa Mui, T D Homes LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11789178
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 7736 State Road built and last sold?
The property at 7736 State Road was built in 1961 and last sold on Aug 15, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 7736 State Road is $231,270.
What are some comparable homes to 7736 State Road?
There are currently no comparable homes to 7736 State Road.
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