Burbank, IL: Solid Investment, Growing Neighborhoods, Lasting Appeal

Burbank is a well-established and affordable suburb in Cook County, just southwest of Chicago. Known for its quiet residential neighborhoods, convenient location, and solid housing market, Burbank in 2025 is popular with families, first-time buyers, and investors seeking good value and suburban comfort.

Location & Transportation

• About 15 miles southwest of downtown Chicago, providing easy city access.
• Close to major highways including I-55 and I-294 (Tri-State Tollway) for quick commutes.
• Metra commuter rail service nearby for rail access to downtown Chicago.
• Local amenities, shopping, and dining along Harlem Avenue and 79th Street corridors.

Community & Lifestyle

Schools:

• Served by Burbank School District 111 (elementary/middle) and Reavis High School District 220.
• Private schools and parochial options available nearby.

Parks & Recreation:

• Multiple neighborhood parks, playgrounds, sports fields, and recreational facilities.
• Access to nearby forest preserves for hiking, biking, and outdoor activities.
• Community events and recreation programs contribute to a family-friendly environment.

Shopping & Dining:

• Shopping options include national retailers, local shops, grocery stores, and casual dining.
• Several restaurant choices ranging from fast food to family-operated diners and ethnic cuisine.

Healthcare:

• Local clinics, urgent care centers, and easy access to hospitals like Advocate Christ Medical Center in Oak Lawn.

Demographics & Economy

• Population: Approximately 28,000 residents as of 2025.
• Median household income: Around $65,000 to $75,000.
• A diverse community with a mix of young families, working professionals, and retirees.
• Employment sectors include retail, healthcare, manufacturing, and services, with many commuting to Chicago and nearby suburbs.

Real Estate Market Overview (2025)

• Median list price: Approximately $310,000 to $350,000, up 6% to 12% year-over-year.
• Median sale price: Around $320,000.
• Common home types: Ranch-style and two-story single-family homes built mostly mid-20th century, with some newer townhomes.
• Average price per square foot: About $220.
• Typical days on market: Roughly 50-55 days.
• Market dynamic: A moderately competitive seller’s market, with updated and well-priced homes attracting multiple offers.

Investment & Long-Term Value

• Home prices rising steadily with 6% to 12% growth in 2025.
• Good rental demand for single-family homes and townhomes, appealing to investors.
• Affordable relative to many other southwest Chicago suburbs, offering value and strong community appeal.
• Ongoing local improvements and community activities contribute to neighborhood desirability.

Frequently Asked Questions

How does Burbank compare to nearby suburbs?
Burbank offers more affordable housing than nearby Oak Lawn or Evergreen Park, with convenient access to highways and transit, making it attractive for commuters and families.

Is Burbank a good place for real estate investment?
Yes, steady appreciation and rental demand make it favorable for buy-and-hold investors or those seeking entry-level ownership.

What is life like in Burbank?
Calm, family-centric with good parks and schools. Residents enjoy suburban peace with access to Chicago’s amenities within a short drive.

How Daniel Ellington Can Help

For Buyers: Expert guidance finding the best value homes, negotiation strategies, and full support through transaction and financing.

For Sellers: Accurate pricing, targeted marketing, and negotiation skills to sell homes quickly and at a top price.

For Investors: Market insights, property analysis, and strategies to maximize returns in Burbank’s stable market.

Ready to buy, sell, or invest in Burbank? Contact Daniel Ellington for personalized service and expert advice in one of Cook County’s dependable, affordable suburbs.