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6048 W 79th St 3 Unit Apartment Building Offered at $836,156 CAD at a 6.03% Cap Rate Burbank, IL 60459
INVESTMENT HIGHLIGHTS
- Features newly updated 3-bedroom units with spacious layouts.
- One boiler replaced in 2023.
- Recent capex include full tear-off roof replacements for the building and garage (5 years ago) and water heaters installed 2 years ago.
- Coin-operated laundry provides an additional revenue stream.
EXECUTIVE SUMMARY
This well-located 3-unit building in Burbank offers three spacious units—two with 3 bedrooms and one with 2 bedrooms—making it highly attractive in a consistently strong rental market. With on-site parking, solid rental upside, and value-add potential, it’s an excellent investment opportunity. Situated near Reavis High School, the location provides lasting appeal.
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Carpet
- Large Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 2 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 19-29-314-040-0000 | Improvements Assessment | $42,621 CAD |
| Land Assessment | $6,643 CAD | Total Assessment | $49,264 CAD |
PROPERTY TAXES
Parcel Number
19-29-314-040-0000
Land Assessment
$6,643 CAD
Improvements Assessment
$42,621 CAD
Total Assessment
$49,264 CAD
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6048 W 79th St
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