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Burbank 60459 Burbank
8121 Rutherford Avenue
$515,000
● House - Off Market

8121 Rutherford Avenue

Burbank, IL 60459
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,715 Ft²
$546,820
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Well-maintained two-story, all-brick traditional home in the heart of Burbank! This property features 2nd floor with four large bedrooms, two walk in closets, a full bathroom with a whirlpool/shower combo, and a master bathroom with double vanity, separate shower, and whirlpool corner tub. The master bedroom includes a balcony. Main level with a large foyer, separate dining room, kitchen adjoining breakfast room, living room with a fireplace, powder room, and walk-in pantry. Full finished basement includes a full bathroom, a large laundry room, a storage, a utility room, and an enormous family room/recreation area. Two-and-a-half car garage with tall ceilings. Hardwood floors, six-panel solid oak doors throughout, solid oak casings and baseboards, decorative ceilings, and crown molding, double pane windows, 30-year-old architectural shingles, concrete driveway and patio adjoining wooden deck, and shed. Convenient location - minutes from shopping, dining, entertaining, playground/parks, and interstate access.
Unit Size
3,715 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
2005

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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 #11828894)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 12, 2023 Listed by Charles Rutenberg Realty $549,900
Listed by Charles Rutenberg Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,638
  • Total Building Area: 2,627
  • Gross Building Area: 2,627
  • Building Area: 2,627
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,627
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 19-31-210-087-0000
  • Municipality: STICKNEY
  • Latitude: 41.7439
  • Longitude: -87.7883

    Address

  • Full Address: 8121 Rutherford Ave
  • Address - House Number: 8121
  • Address - Street Name: Rutherford
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Burbank
  • Carrier Code: C039
  • 4-Digit Zip Code: 1771
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $803,034
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 476,156
  • High Value: 585,476
  • Low Value: 366,836

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $41,490
  • Market Improvement Value: $388,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $4,149
  • Assessed Improvements Value: $38,851

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6110
  • Previous Sale Recording Date: Aug 03, 2004
  • Previous Sale Contract Date: Jul 28, 2004
  • Previous Sale Amount: $365,000
  • 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:

$344,999

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1902 ft²

Average Home Age

56.4 years

Currently For Sale

59 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 6101 W 82nd Place, Burbank, IL, 60459

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,071 ft²
6101 W 82nd Place, Burbank, IL, 60459 Listing by Joseph Diaz
Unit for rent at 7139 W 74th Place, Chicago, IL, 60638

$2,900 /mo

  • 4 Beds
  • 1 Bath
  • 1,594 ft²
7139 W 74th Place, Chicago, IL, 60638 Listing by Eyad Massarwi
Unit for rent at 7305 W 75th Street, Bridgeview, IL, 60455

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
7305 W 75th Street, Bridgeview, IL, 60455 Listing by Gamaliel Marin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Iwona Dong, Charles Rutenberg Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11828894
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 8121 Rutherford Avenue built and last sold?
The property at 8121 Rutherford Avenue was built in 2005 and last sold on Aug 14, 2023 for $515,000.
How much is this home worth?
The estimated value of the home located at 8121 Rutherford Avenue is $565,358.
What are some comparable homes to 8121 Rutherford Avenue?
There are currently no comparable homes to 8121 Rutherford Avenue.
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