Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5450 State Rd Burbank, IL 60459-1371

    • Commercial real estate
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 06, 2024
    Location Intelligence
    Property ID
    US28-5209172
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5450 State Rd

    Year built
    1966
    Lot size
    0.16 lot acres
    Property type
    Commercial real estate
    APN
    19-28-328-035
    APU
    1928328035

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Cook
    State
    Illinois
    Longitude
    -87.7575
    Latitude
    41.7494
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $33,195
    $18,922
    $67,157
    $86,079
    -
    $75,688
    $268,628
    $344,316

    Comparable in this City

    • Value Estimation by Request
      0.98 Acres

      7140 79th St

      COMMERCIAL (GENERAL) • 0.98 Acres
      7140 79th St, Burbank, IL 60459
      View Details
    • Value Estimation by Request
      0.26 Acres

      4901 79th St

      COMMERCIAL (GENERAL) • 0.26 Acres
      4901 79th St, Burbank, IL 60459-1554
      View Details
    • Value Estimation by Request
      816 SF

      8643 Lamon Ave

      COMMERCIAL (GENERAL) • 816 SF
      8643 Lamon Ave, Burbank, IL 60459
      View Details
    • Value Estimation by Request

      5640 87th St

      COMMERCIAL (GENERAL)
      5640 87th St, Burbank, IL 60459-2951
      View Details
    • Value Estimation by Request
      0.25 Acres

      5401 State Rd

      COMMERCIAL (GENERAL) • 0.25 Acres
      5401 State Rd, Burbank, IL 60459
      View Details
    • Value Estimation
      $5,830,000
      0.31 Acres

      8400 Cicero Ave

      COMMERCIAL (GENERAL) • 0.31 Acres
      8400 Cicero Ave, Burbank, IL 60459-2802
      View Details

    Similar Nearby for Sale

    • $250,000

      Burbank Townhome with Upgrades

      Three-bedroom townhome in Burbank with recent and planned upgrades.
      5002 W 79Th St, Burbank, IL 60459
      View Details
    • $499,900
      0.16 Acres

      Burbank Commercial Investment Opportunity

      Commercial property in Burbank, Illinois, ideal for owner-operators.
      6300 W 79Th St, Burbank, IL 60459
      View Details
    • $189,872

      Updated Condo in Managed Building

      Spacious condo with modern kitchen, updated baths, and in-unit laundry.
      5840 W 77Th St, Burbank, IL 60459
      View Details
    • $2,800,000
      2.00 Acres

      Established Banquet Venue For Sale

      Successful wedding and banquet venue in Burbank, Illinois for sale.
      8200 S Cicero Ave, Burbank, IL 60459
      View Details
    • $650,000

      Burbank Multi-Family with Basement Unit

      Custom 2-flat with a basement unit in prime Burbank location.
      7912 Nordica Ave, Burbank, IL 60459
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,224 SF

      Harlem Ave Retail Center Investment

      Dunkin'-anchored retail center in Burbank, IL
      8049 Harlem Ave, Burbank, IL 60459
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on Cicero Avenue

      Retail space with high visibility in Burbank Plaza.
      8014 S Cicero Ave, Burbank, IL 60459
      View Details
    • Contact for pricing
      8,690 SF

      Retail Space on Cicero Avenue

      Retail space available in regional shopping destination on Cicero Ave.
      7700 S Cicero Ave, Burbank, IL 60459
      View Details
    • $12 SF/Yr
      39,398 SF

      Cicero Ave Retail Building For Sale

      Prime Burbank location, 39,398 SF, high visibility.
      8148 Cicero Ave, Burbank, IL 60459
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5450 State Rd
    Burbank, IL 60459-1371
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.