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$604,000
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Property Description
Excellent Opportunity - Legal 3-Flat in Prime Burbank Location! Well-maintained and income-producing 3-unit property featuring two spacious units with 3 bedrooms and 2 baths, plus a garden apartment with 3 bedrooms and 1 bath. All units offer formal living and dining rooms along with fully equipped kitchens. Tenants pay their own gas and electric (3 furnaces and 3 separate meters). Recent upgrades provide peace of mind and low maintenance, including a newer roof, paid-off solar panels with upgraded electrical, and a replaced water heater (2021). The main water line has been updated, all refrigerators have been replaced, and two furnaces have been upgraded with auto pilots. Additional improvements include an upgraded stairwell, newer carpet, refinished hardwood floors in Unit 2, and replacement of both in wall A/C units. The top unit features updated kitchens and bathrooms. Exterior highlights include a fenced yard with a side patio, a custom extra-tall garage with 7' double steel doors, and parking for up to 8 vehicles (6 exterior + 2 garage), offering additional income potential. A newer coin-operated laundry adds extra revenue. This property has a strong rental history with consistent occupancy and is conveniently located near transportation, shopping, and schools. A great opportunity for investors or owner-occupants alike. The owner is a licensed Realtor. A Virtual tour is Available, please check the tab
Full Property Details
Full Property Details for 5116 W 79th St
General
- Sold For: $604,000
- Taxes: $14,485 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12482304
- Added to Site: 111 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Carbon Monoxide Detectors, Sump Pump
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Detached, Driveway, Alley Access, Owned
Location
- Area: Burbank / Nottingham Park
- County: Cook
- Driving Directions: Cicero or Harlem Ave to 79th St to 5116 (on North side of 79th)
School Information
- School District: 111
- Midd School District: 111
- High School: Reavis High School
- Private School: Reavis High School
Heating & Cooling
- Heating Type: Natural Gas, Steam, Baseboard, Radiant, Sep Heating Systems - 2+
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Exterior Entry, Egress Window, Daylight
- Year Built: 1966
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 50
Green Features
- Energy Efficient: Photovoltaic/Solar System
Financial Considerations
- Assessment Year: 1966
- Tax Amount: $14,485
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19284170410000
Listed by Realty of America, LLC
Sold by HomeSmart Realty Group
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Schools
Schools serving 5116 W 79th St
School Districts:Burbank School District 111, Reavis Township High School District 220
| Name | Grades | Distance |
|---|---|---|
J B Kennedy Elementary School 7644 Central Avenue, Burbank, IL 60459 | K-5 | 0.7 mi |
Reavis High School 6034 West 77th Street, Burbank, IL 60459 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5116 W 79th St
Date
Details
Price
Change
Source
11/25/2025
Sold
$604,000
-4.88%
MLS
10/08/2025
Price Reduced
$635,000
-1.55%
MLS
9/26/2025
Listed
$645,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5116 W 79th Street, Burbank, IL 60459 (MLS# 12482304) is a Multi-Family property that was sold at $604,000 on November 25, 2025. Want to learn more about 5116 W 79th Street? Do you have questions about finding other Multi-Family real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

