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Burbank 60459 Burbank
7952 Sayre Avenue
$280,000
● House - Off Market

7952 Sayre Avenue

Burbank, IL 60459
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,098 Ft²
$310,074
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

OVERSIZED 5 bedroom 2.5 home. Excellent for Multi-Generational living! New Carpet ALL Bedrooms, Living and Dining. New LVP flooring in 1st Kitchen and 2 baths, New Sump pit and Pump.  2 KITCHENS, zoned heat/electric/water with individual exterior access to both homes. Perfect for inlaws, nannies, college/exchange students. Live in as a 5 bedroom home or completely separate.  1st unit to the rear has 2 beds 1 bath. Main larger unit has 3 beds 1.1 baths. 2 car garage. The unfinished   1500+sqft  basement has 8ft ceiling and 10ft ceilings.  This home is zoned Single Family. Has excellent access to shopping on Harlem including Starbucks just around the corner.
Unit Size
4,098 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$73
Property Type
House
Property Taxes
$847
HOA Dues
-
Year Built
1977

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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.

Last updated: 3 years ago (MRED MLS #11441696)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 26, 2022 Listed by Baird & Warner $299,904
Listed by Baird & Warner

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,650
  • Total Building Area: 2,403
  • Gross Building Area: 2,403
  • Building Area: 2,403
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,403
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAYRE AVENUE SUBDIVISION
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 36
  • Parcel: 19-31-101-039-0000
  • Meridian: SEC 31 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7463
  • Longitude: -87.7951

    Address

  • Full Address: 7952 Sayre Ave
  • Address - House Number: 7952
  • Address - Street Name: Sayre
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Burbank
  • Carrier Code: C028
  • 4-Digit Zip Code: 1625
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,100,494
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 416,286
  • High Value: 511,341
  • Low Value: 321,231

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $41,560
  • Market Improvement Value: $278,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,156
  • Assessed Improvements Value: $27,844

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33317
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:

$349,250

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2015 ft²

Average Home Age

55.3 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 7117 West 93rd Street, OAK LAWN, IL, 60453

$1,550 /mo

  • 1 Bed
  • 1 Bath
7117 West 93rd Street #304, OAK LAWN, IL, 60453 Listing by Joshua Berngard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Heather Kinealy, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11441696
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 7952 Sayre Avenue built and last sold?
The property at 7952 Sayre Avenue was built in 1977 and last sold on Aug 8, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 7952 Sayre Avenue is $302,903.
What are some comparable homes to 7952 Sayre Avenue?
There are currently no comparable homes to 7952 Sayre Avenue.
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