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Burbank 60459 Burbank
8115 Mcvicker Avenue
$124,500
● Land - Off Market

8115 Mcvicker Avenue

Burbank, IL 60459
bedrooms
Studio
bathrooms
0 Bath
$139,216
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Build the house of your dreams. Fenced land in residential area (water, gas, and electricity). You can walk to the park. Sidewalk and street lighting.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$104
HOA Dues
-
Year Built
1950

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 #11827077)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jul 10, 2023 Listed by arhome realty $140,000
Listed by arhome realty
May 3, 2019 No longer available -
No longer available
Apr 26, 2019 Relisted $130,000
Relisted
Apr 25, 2019 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,150
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 754
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PARKSIDE GARDENS 01 ADD/ELMORES
  • Land Acres: 0000000141
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 821002

Geography

  • District: 36
  • Parcel: 19-32-116-004-0000
  • Lot: 273
  • Meridian: SEC 32 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7444
  • Longitude: -87.7716

    Address

  • Full Address: 8115 Mcvicker Ave
  • Address - House Number: 8115
  • Address - Street Name: Mcvicker
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Burbank
  • Carrier Code: C038
  • 4-Digit Zip Code: 1909
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $130,423
  • Tax Rate Code Area: 36004

    Market Valuation

  • Market Total Value: $38,440
  • Market Land Value: $38,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,844
  • Assessed Land Value: $3,844

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13135
  • Previous Sale Recording Date: Apr 24, 2006
  • Previous Sale Contract Date: Apr 05, 2006
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 27
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:

$349,000

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1742 ft²

Average Home Age

57.4 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

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MRED

Listed by: Eric Sadowski, arhome realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11827077
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 8115 McVicker Avenue built and last sold?
The property at 8115 McVicker Avenue was built in 1950 and last sold on Aug 16, 2023 for $124,500.
How much is this home worth?
The estimated value of the home located at 8115 McVicker Avenue is $0.
What are some comparable homes to 8115 McVicker Avenue?
There are currently no comparable homes to 8115 McVicker Avenue.
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