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Burbank 60459 Burbank
7801 mcvicker Avenue
$190,000
● House - Off Market

7801 mcvicker Avenue

BURBANK, IL 60459
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,002 Ft²
$294,060
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

LOOK NO FURTHER,VERY AFFORDABLE 3 BEDROOM 1 BATH HOME CLOSE TO SCHOOLS AND SHOPPING.WOOD FLOORS THRU OUT BEDROOMS AND LIVING ROOM.FULL FENCED YARD, HWH 10 YRS YOUNG, GUTTERS AND DOWNSPOUTS 4 YRS YOUNG, NEW DRAIN TILE 1 YEAR AGO $8,000. U.S WATERPROOF WITH TRANSFERABLE WARRANTY. ESTATE SALE BEING SOLD AS IS. EASY ACCESS.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
-
Price per sqft
$92
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1959

Payment Calculator

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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 #09725583)

Price History

Date / Event Date Event Price
Oct 4, 2017 Sold
Premium
Sold
Aug 15, 2017 Listed by Century 21 Affiliated $185,000
Listed by Century 21 Affiliated

Property Highlights

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: 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,436
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDK H BARTLETTS FIRST ADD TO GREATE
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 820901

Geography

  • District: 36
  • Parcel: 19-29-315-001-0000
  • Block: 2
  • Lot: 18
  • Meridian: SEC 29 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7503
  • Longitude: -87.7714

    Address

  • Full Address: 7801 Mcvicker Ave
  • Address - House Number: 7801
  • Address - Street Name: Mcvicker
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Burbank
  • Carrier Code: C040
  • 4-Digit Zip Code: 1226
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,053
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 285,719
  • High Value: 356,977
  • Low Value: 214,462

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $61,140
  • Market Improvement Value: $178,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $6,114
  • Assessed Improvements Value: $17,886

    Sales

  • Current Sale Contract Date: Sep 27, 2017
  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1728346291

    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:

$347,000

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1986 ft²

Average Home Age

55.7 years

Currently For Sale

57 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 8659 Meade Avenue, Burbank, IL, 60459

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
8659 Meade Avenue #2S, Burbank, IL, 60459 Listing by Carrie Pappas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 09725583
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 7801 Mcvicker Avenue built and last sold?
The property at 7801 Mcvicker Avenue was built in 1959 and last sold on Sep 27, 2017 for $190,000.
How much is this home worth?
The estimated value of the home located at 7801 Mcvicker Avenue is $0.
What are some comparable homes to 7801 Mcvicker Avenue?
There are currently no comparable homes to 7801 Mcvicker Avenue.
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