$349,873
●
House -
In Contract
8044 Menard Avenue
Burbank, IL 60459
3 Beds
2 Baths,
1
Half Bath
1,212 Ft²
$2,293
Est. Monthly
About This Property
You simply must see this carefully maintained and easy-to-love,
sturdy brick raised ranch, sitting on a terrific large corner lot
in the heart of Burbank. Step inside and find its inviting,
move-in-ready interior. The main level features a gracious and
welcoming living room with beautiful hardwood flooring that
continues throughout the entire main level. The bright eat-in
kitchen features timeless light wood cabinetry and plenty of space
for everyday dining. The main level also offers the convenience of
1 1/2 bathrooms. The finished lower level/basement offers multiple
rooms, including a spacious family room, second full bathroom and
kitchenette, making it ideal for indoor entertaining, extended
living space, hobbies or additional storage. Step outside to the
fenced-in backyard featuring a large concrete patio and sturdy
2-car brick garage. Additional highlights include a newer roof and
gutters, approximately 5 years old, and newer windows,
approximately 10 years old. Easy to see & to buy-estate sale, so
schedule your private viewing before it's gone!
Unit Size
1,212 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$289
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1959
Listed By
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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.
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Concrete, Driveway, Garage Door Opener, Garage, Detached, Yes
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: In-Law Floorplan, 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Refrigerator, Washer, Dryer
Flooring Type: Hardwood
Laundry Features: Gas Dryer Hookup, In Unit, Sink
Rooms: 9
Basement: Finished, Full
Exterior Details
Square Footage: 1212
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1959
Other Structures: Shed(s)
Window Features: Screens
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Features: Corner Lot, Landscaped
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Lot Size Dimensions: 50X132
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $6,899
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Burbank
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Listed by: Thomas Domasik, RE/MAX 10 in the Park
Data Source: MRED, MLS# MRD12738224
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.
Data Source: MRED, MLS# MRD12738224
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