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Burbank, Illinois, Real Estate
Burbank is a city located in Cook County, Illinois located at the southwest edge of Chicago. According to the 2010 census Burbank had a population of 27,902. Burbank is located less than 2 miles south of Chicago Midway Airport.
Burbank currently has 132 single family homes with an average list price of $261,666, 8 condos/townhomes with an average list price of $141,563, and 4 multi-unit homes with an average list price of $466,725. The average annual property tax for Burbank is $4,252.
Current Homes for Sale
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Edward J Tobin Elementary School | 111 | Elementary | K,1-6 |
| J B Kennedy Elementary School | 111 | Elementary | K-6 |
| Luther Burbank Elementary School | 111 | Elementary | K,1-6 |
| Richard Byrd Elementary School | 111 | Elementary | K,1-6 |
| Rosa G Maddock School | 111 | Elementary | PK-6 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Burbank, i.e. what's hot and what's not.
See What's Hot & What's Not in BurbankSubdivisions
| Subdivisions | Median Price | |
|---|---|---|
|
87th Street Condos 87th Street Condos were built in the mid 1970's. 87th Street Condos are located in Burbank, Illinois off of 87th Street west of Central Avenue. |
$50,250 |
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Barletts Barletts is a single family home subdivision. Barletts is located in Burbank, Illinois off of 79th Street west of Central Avenue. |
$200,000 |
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Briartree Briartree is a condo community built in the late 1980's. Briartree is located in Burbank, Illinois on Briartree Lane north of 76th Street and west of Cicero Avenue. Read more |
$112,000 |
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Burbank Condos Burbank Condos were built in the early 1970's. Burbank Condos are located in Burbank, Illinois on 87th Street and 76th Street west of Central Avenue. |
$98,000 |
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Nottingham Park Nottingham Park is a single family home subdivision. Nottingham Park is located in Burbank, Illinois west of Cicero off of 83rd Street. |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Sep 17, 2019 | 8634 Massasoit Ave. | 3 | 1.1 | 1,100 ft2 | 2 | 1958 | $229,000 | |
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Sep 17, 2019 | 6118 W. 81st Pl. | 3 | 1.1 | 1,217 ft2 | 2 | 1960 | $216,000 | |
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Sep 13, 2019 | 5610 W. 85th St. | 2 + 2* | 2 | 1,540 ft2 | 0 | $220,000 | ||
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Sep 13, 2019 | 5854 W. 76th Pl. #203 | 2 | 1.1 | 900 ft2 | 0 | 1978 | $113,000 | |
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Sep 13, 2019 | 5003 W. 81st St. | 3 | 1.1 | 1,850 ft2 | 2 | 1950 | $159,000 | |
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Sep 13, 2019 | 8006 Lavergne Ave. | 3 | 3 | 1,903 ft2 | 2 | 1952 | $167,700 | |
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Sep 11, 2019 | 5470 W. 86th St. | 3 | 1.1 | 1,500 ft2 | 2.5 | 1963 | $230,000 | |
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Sep 11, 2019 | 8501 Major Ave. | 3 | 1 | 1,003 ft2 | 2 | 1960 | $136,000 | |
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Sep 10, 2019 | 8208 Rutherford Ave. | 3 | 2 | 1,411 ft2 | 2.5 | 1962 | $230,000 | |
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Sep 9, 2019 | 7003 W. 81st Pl. | 3 | 2 | 1,500 ft2 | 2.5 | 1956 | $199,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Burbank home sales for the month of August rose in volume by 3.7% when compared to last year, while the median sale price decreased by 12.5% from $209,000 to $182,950. The number of Single Family homes sales rose by 3.8%, while the median sale price decreased by 12.8% from $211,950 to $184,900. Condo/townhome sales stayed the same, while the median sale price rose by 28.5% from $124,500 to $160,000.
|
237
|
274
|
278
|
293
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$172,000
|
$178,500
|
$190,000
|
$203,500
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for August in
| August | Year to Date (Jan 1 - September 19) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 27 | 28 | +3.7% | 172 | 218 | +26.7% |
| (Single Family) | 26 | 27 | +3.8% | 165 | 208 | +26.1% |
| (Condos/Townhomes) | 1 | 1 | 0% | 7 | 10 | +42.9% |
| Median Sale Price | $209,000 | $182,950 | -12.5% | $205,000 | $205,750 | +0.4% |
| (Single Family) | $211,950 | $184,900 | -12.8% | $209,000 | $215,000 | +2.9% |
| (Condos/Townhomes) | $124,500 | $160,000 | +28.5% | $117,000 | $113,500 | -3% |
| Days on Market | 10 | 13 | +30% | 14 | 15 | +11.1% |
| (Single Family) | 10 | 12 | +26.3% | 13 | 15 | +15.4% |
| (Condos/Townhomes) | 12 | 31 | +158.3% | 64 | 28 | -56.3% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Fitzgerald Park 85th Street and Nashville Avenue |
Basketball Courts Playground Soccer Fields |
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Harr Park West 83rd Street and Laramie Avenue |
Basketball Courts Hiking Paths Picnic Area Playground Tennis Courts |
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Latrobe Park 76th Street and Latrobe Avenue |
Basketball Courts Playground |
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MacArthur Park West 83rd Street and Moody Avenue |
Baseball Diamonds Football Field Playground Soccer Fields Softball Fields |
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Narragansett Park West 77th Street and Narragansett Avenue |
Basketball Courts Hiking Paths Picnic Area Playground Restrooms Roller Hockey Rink Skate Park Soccer Fields |
Neither RE/MAX nor HomesByMarco nor its service providers are liable for errors or inaccuracies in the information provided.
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