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Orland Park 60462
15129 Teebrook Drive
$580,000
● House - Off Market

15129 Teebrook Drive

Orland Park, IL 60462
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$3,154
Est. Monthly
7.10%
Cap Rate

About This Property

Welcome Home to this 6 bedroom home in the heart of Orland Park. Home features a meticulously remodeled interior, showcasing a brand new kitchen with a modern flare! All new stainless steel appliances including a beverage cooler and separate dining room!  The master suite adds a level of luxury and space! Finished basement provides additional living space and a bedroom.  All bathrooms remodeled! With no renovations or updating required, this turnkey property is ready for you to move in and enjoy!
Unit Size
3,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11943292)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Dec 7, 2023 Listed by HomeSmart Realty Group $589,900
Listed by HomeSmart Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,371
  • Total Building Area: 2,628
  • Gross Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEE BROOK VILLA UNIT1
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (TEE) (BROOK) VILLA (UNIT1) SUB OF PT EH NW SEC 14-36-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824107

Geography

  • District: 28
  • Parcel: 27-14-102-006-0000
  • Lot: 6
  • Meridian: SEC 14 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.6159
  • Longitude: -87.8245

    Address

  • Full Address: 15129 Teebrook Dr
  • Legal Unit: 1
  • Address - House Number: 15129
  • Address - Street Name: Teebrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Orland Park
  • Carrier Code: C011
  • 4-Digit Zip Code: 4053
  • Zip Code: 60462

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $743,132
  • Tax Rate Code Area: 28011

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 582,520
  • High Value: 641,417
  • Low Value: 523,623

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $58,570
  • Market Improvement Value: $361,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $5,857
  • Assessed Improvements Value: $36,143

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46037
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Orland Park

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2398 ft²

Average Home Age

34.8 years

Currently For Sale

125 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MRED

Listed by: Fadya Kashkeesh, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11943292
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 15129 Teebrook Drive built and last sold?
The property at 15129 Teebrook Drive was built in 1971 and last sold on Jan 12, 2024 for $580,000.
How much is this home worth?
The estimated value of the home located at 15129 Teebrook Drive is $0.
What are some comparable homes to 15129 Teebrook Drive?
There are currently no comparable homes to 15129 Teebrook Drive.
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