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Burbank 60459 Burbank
8643 Mansfield Avenue
$373,000
● House - Off Market

8643 Mansfield Avenue

Burbank, IL 60459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
12,000 Ft²
$409,943
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Looking for space, this is your home! 5 bedroom 3 bath split level with finshed sub-basement! Large living room, dinning room, extra large kitchen and family room! Very large back yard with patio space! New roof, new counter tops in kitchen, and all new carpet has been installed! Bring your final touches and move in!
Unit Size
12,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$32
Property Type
House
Property Taxes
$676
HOA Dues
-
Year Built
1995

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 #11265061)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Nov 7, 2021 Listed by Chicagoland Brokers, Inc $379,000
Listed by Chicagoland Brokers, Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,400
  • Total Building Area: 1,613
  • Gross Building Area: 1,613
  • Building Area: 1,613
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,613
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: P J BUILDERS RESUB #1
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 821101

Geography

  • District: 36
  • Parcel: 19-32-423-050-0000
  • Lot: 1
  • Meridian: SEC 32 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7348
  • Longitude: -87.7663

    Address

  • Full Address: 8643 Mansfield Ave
  • Address - House Number: 8643
  • Address - Street Name: Mansfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Burbank
  • Carrier Code: C020
  • 4-Digit Zip Code: 2536
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $866,016
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 379,247
  • High Value: 466,318
  • Low Value: 292,176

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $58,750
  • Market Improvement Value: $291,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $5,875
  • Assessed Improvements Value: $29,125

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2205347084
  • Previous Sale Recording Date: Mar 20, 1996
  • Previous Sale Contract Date: Jan 22, 1996
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: 41
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

$221

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1753 ft²

Average Home Age

56.7 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

Unit for rent at 9243 Lynwood Drive, Oak Lawn, IL, 60453

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,095 ft²
9243 Lynwood Drive, Oak Lawn, IL, 60453 Listing by Sebastian Regium

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Baha Joudeh, Chicagoland Brokers, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11265061
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 8643 Mansfield Avenue built and last sold?
The property at 8643 Mansfield Avenue was built in 1995 and last sold on Jan 14, 2022 for $373,000.
How much is this home worth?
The estimated value of the home located at 8643 Mansfield Avenue is $494,749.
What are some comparable homes to 8643 Mansfield Avenue?
There are currently no comparable homes to 8643 Mansfield Avenue.
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