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5450 State Road, Burbank, IL 60459
$620,000
5450 State Road, Burbank, IL 60459View this property at 5450 State Road, Burbank, IL 60459
5450 State RoadBurbankIL60459
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Property Description
Attention investors and rehabbers! Great opportunity to rehab the old Donald Linn VFW Hall into your new business or redevelopment with approval from the town of Burbank. Property is partially gutted, but bones and structure are in good shape. There are 3 offices upstairs, 6 bathrooms, 2 are in basement. Arched joist in rafters in pristine condition. Located on a corner of busy intersection with very high traffic location with good frontage exposure. Large adjacent lot with parking spaces included in purchase price. Endless opportunities like banquet hall, salon suites, strip mall, medical center, etc. on approval from Village of Burbank. Seller willing to listen to all reasonable offers.
Full Property Details
Full Property Details for 5450 State Rd
General
- Price: $620,000
- Taxes: $23,774 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12024214
- Updated: 4/14/2024
- Added to Site: 24 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Burbank / Nottingham Park
- County: Cook
- Township: Stickney
- Driving Directions: Corner of 79th and State Road
- Location Details: Southwest Suburban, Corner, Mixed-Use Area, Public Transport Avail, TIF Zone, Airport/Runway Nearby, High Traffic Area
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Water to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 4,893
- Year Built: 1966
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,881
- Lot Dimensions: 58 x 120 x 36.02 x 83.18 x 87.55
- Potential Use: Commercial, Office and Research, Retail, Special Use, Zoning Change Required, Other
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $23,774
- Security Deposit: Other
- Assessment Year: 1966
- Tax Amount: $23,774.1
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Existing Survey
- Property ID: 19283280350000
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Schools
Schools serving 5450 State Rd
School Districts:Burbank School District 111, Reavis Township High School District 220
Rating | Name | Grades | Distance |
---|---|---|---|
7644 Central Ave, Burbank, IL 60459 | K-6 | 0.3 mi | |
6034 W 77th St, Burbank, IL 60459 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5450 State Rd
Date
Details
Price
Change
Source
4/08/2024
Listed
$620,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5450 State Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$33,195
5%
$86,079
—
2021
$31,763
4%
$86,079
—
2020
$30,643
11%
$86,079
11%
2019
$27,722
3%
$77,374
—
2018
$26,933
3%
$77,374
—
2017
$26,041
14%
$77,374
19%
2016
$22,882
4%
$64,943
—
2015
$22,030
3%
$64,943
—
2014
$21,368
9%
$64,943
—
2013
$19,522
4%
$64,943
—
2012
$18,754
—
$64,943
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5450 State Rd
5450 State Road, Burbank, IL 60459 (MLS# 12024214) is a Commercial property. 5450 State Road is currently listed for $620,000 and was received on April 08, 2024. Want to learn more about 5450 State Road? Do you have questions about finding other Commercial real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.